More than $13 billion in funds have been used to participate in Saga staking mining, making it Binance’s largest Launchpool to date
The Binance new coin mining project Saga posted on social media, stating that within 24 hours, there have been over 13 billion US dollars participating in staking mining, making SAGA the largest Launchpool in Binance's history.
Here are the next biggest crypto court cases with the SBF saga over
Binance ex-boss CZ will be sentenced in April and the ring of FTX executivies that admitted to fraud are also set to soon be sentenced.
Nigeria Accuses Binance and Executives of Tax Evasion, Court Adjourns Hearings
Nigeria has accused Binance and two of its executives of tax evasion, with the executives due to be arraigned in court. However, the hearing has been adjourned due to the inability to serve one of the executives with charges while in custody. The charges against Binance include non-payment of VAT and company income tax, as well as aiding customers to evade taxes. One of the executives, Tigran Gambaryan, remains in custody while the other, Nadeem Anjarwalla, has escaped.
BNB Beacon Chain is expected to launch the mainnet Sunset hard fork upgrade on April 15
BNB Beacon Chain announced the Sunset upgrade for its mainnet. The upgrade hard fork is expected to take place on April 15th, 2024. All full node operators on the mainnet must upgrade to v0.10.20 before April 15th. BNB/BEP2 asset holders should transfer their assets from BC to BSC.
BNB falls below $560
According to market data, BNB has fallen below $560 and is currently trading at $559.9, with a daily decline of 4.34%. The market is volatile, so please be prepared for risk control.
BNB Chain DappBay alert list includes TIFI, VizslaSwap and more this week
BNB Chain has updated its DappBay high-risk DApp Red Alarm project list, with projects this week including Alaya AI, TIFI, and VizslaSwap.
BNB drops below $600
The market shows BNB has fallen below $600, currently trading at $599.9, with a daily decline of 1.12%. The market is fluctuating greatly, please be prepared for risk control.
The giant whale that had previously accumulated ETHFI recharged 350,000 ETHFI to Binance, worth US$2.38 million.
Blockchain analyst @ai_9684xtpa has monitored that a whale address that previously accumulated ETHFI has deposited 350,000 ETHFI worth $2.38 million to Binance five minutes ago. If all of it is sold, a profit of $200,000 will be made. The remaining 490,000 ETHFI of the address has been transferred to address 0x056...Fabf8, with an average cost of $6.23 and a current profit of $270,000.
The second largest non-CEX AGIX holding address withdrew 1.21 million AGIX from Binance 6 hours ago
According to Spot on Chain monitoring, the second largest non-CEX AGIX holding address starting with 0x900 withdrew 1.21 million AGIX (approximately $1.63 million) from Binance 6 hours ago. It is worth noting that the whale currently holds 10.21 million AGIX (approximately $13.8 million), of which 8 million AGI (old version of AGIX) were withdrawn from Binance in October 2020 at a price of only about $0.041 (a total of about $330,000).
Binance joins Global Travel Rules Alliance to advance interoperability compliance and strengthen security
Binance announced its membership in the Global Travel Rule (GTR) Alliance. The alliance is a global community of virtual asset service providers using the same solution to comply with an important international anti-money laundering rule. Binance stated that joining the GTR Alliance will ensure higher levels of data security and regulatory compliance. This strategic move aims to keep Binance in line with Recommendation 16 of the Financial Action Task Force (FATF), a reporting requirement also known as the "Travel Rule" that has been implemented in multiple countries and will become a universal standard in the coming years.
Foreign media: Philippines will continue to block Binance
According to reports from local media, the Philippine Securities and Exchange Commission (SEC) will continue to block the country's cryptocurrency trading platform, Binance. The regulator stated that its application submitted to the Philippine National Telecommunications Commission (NTC) has been approved, and the commission has requested the cancellation of local access to Binance's main website and other related platforms. In a letter to the NTC, Emilio Aquino, the chairman of the Philippine SEC, stated that Binance is "a threat to the safety of Philippine investment funds". Binance has been providing cryptocurrency savings accounts and leveraged trading products in the country without the necessary permission. Although the total number of Binance users in the Philippines is still unknown, the cryptocurrency news publication Coin Journal estimates that as of February last year, there were 7 million cryptocurrency owners in the Philippines, accounting for approximately 6.1% of the total population.
New projects added to the BNB Chain ecosystem in the past week include AlienSwap, Anome and i3D
According to official sources, the BNB Chain ecosystem added new projects during the week of March 16 to March 22, including:
Floki Inu roadmap reveals plans for regulated bank accounts
Floki hopes to expand beyond memecoin status by introducing debit cards, digital accounts and educational platforms for users.
Binance Spot API Service Will Be Upgraded on March 20
According to an official announcement, Binance Spot API will undergo online upgrades for WebSocket API on March 20, 2024 (UTC time). During the upgrade process, users can continue to use WebSocket API and complete various operations. During the upgrade process, users' WebSocket connections may be interrupted before the 24-hour connection deadline. If this happens, users can reconnect to WebSocket API to resume normal operation. Note: This upgrade will not affect spot trading; After the upgrade is completed, the 24-hour connection deadline function will return to normal; After the upgrade is completed, Binance will update this announcement.
Biden pressured to intervene in US citizens detention by Nigeria
The Chamber of Digital Commerce believes that Gambaryan’s detention is arbitrary, without due process, and presents a significant challenge to international law norms and diplomatic relations.
Binance financial management, flash swap, and leverage are now available on BOME
Binance has announced that the wealth management, flash exchange trading platform, and leverage platform have launched BOOK OF MEME (BOME). In addition, Binance will launch BOME on the investment platform on March 19, 2024 at 11:00 (GMT+8).
Binance will list Book of Meme (BOME) and add seed tag to it
Binance will list Book of Meme (BOME) on March 16, 2024 at 20:30 (GMT+8), and open the following spot trading pairs: BOME/BTC, BOME/USDT, BOME/FDUSD, BOME/TRY. BOME deposit is now available, and BOME withdrawal is expected to open on March 17, 2024 at 20:30 (GMT+8).
Binance will launch BOME 1-50 times U-based perpetual contract
According to an official announcement, Binance announced that it will launch the BOME1-50x U-based perpetual contract on March 16, 2024 at 20:30 (GMT+8).
People familiar with the matter: Binance began to tighten listing requirements for new coins at the end of last year
Binance has tightened its requirements for listing new digital tokens and increased efforts to protect investors on its platform. Sources said that cryptocurrency projects seeking to list tokens on Binance must now agree to a longer so-called "Cliff period" during which tokens cannot be sold, set more tokens for market makers, and pay a deposit. Sources said that these changes have been effective since the end of last year.
BNB Chain announces 12 selected projects for hackathon in the first quarter
BNB Chain has announced the 12 selected projects for the Q1 2024 hackathon. They will participate in the online Demo Day on March 18th. The projects include: Ai-social.bnb, AICell, DePIN Raspi Connect, DevCoin: Network of Code, Gameland, Greenfield Indexer, GreenWim, LocknPull, MoveFlow, PlayMask, receive.me-SocialFi gateway, and Sograph.
