BNB Chain launches Rollup as a service solution
BNB Chain has launched a Rollup as a Service (RaaS) solution to support the extension of custom L2 networks within its ecosystem. RaaS will provide infrastructure for dapp projects to build cost-effective dedicated aggregators on the Binance Smart Chain (BSC), including no-code deployment options. According to DeFiLlama's data, BSC is the third largest blockchain by locked total value, with a TVL of $6.1 billion, while Ethereum is $56.7 billion and Tron is $10.5 billion.
Nigeria wants Binance to provide information on the country’s top 100 users and all transaction history for the past six months
The Financial Times reported that Nigeria is requesting that Binance provide information on the top 100 users in the country and all transaction histories for the past six months. This request comes as Nigeria's detention of Binance's compliance officer and regional manager for Africa enters its third week. Binance's Tigran Gambaryan and Nadeem Anjarwalla were invited by the Nigerian government to arrive in Abuja on February 25 and were forced to be detained in a "hotel" operated by the Nigerian National Security Agency.
BNB breaks above $540
The market shows that BNB has broken through $540 and is now trading at $543, with a daily increase of 4.91%. The market is volatile, so please be prepared for risk control.
19,749,927 XRP transferred from Binance to unknown wallet
According to the on-chain data tracking service Whale Alert, around 4:40 pm Beijing time on March 12th, 19,749,927 XRP were transferred from Binance to an unknown wallet, worth $13,617,747.
BNB Chain has undergone Feynman upgrade on BSC test network
BNB Chain announced the Feynman upgrade was conducted on the BSC testnet at 14:00 on March 11. BNB Chain stated that this upgrade is a core component of BNBChain Fusion, aimed at merging Beacon Chain functionality into the BNB smart chain (BSC). The Feynman upgrade introduces BEP-294, BEP-297, and BEP-299, marking progress in voting rights, governance functions, and token migration mechanisms.
BNB breaks $500
ChainCatcher news, Binance-BNB/USDT is currently priced at $500.00 with a 24-hour increase of 2.23%.
Binance class-action lawsuit dismissal reversed by appeals court
The United States appeals court declared that the rationale given by the district court for dismissing the lawsuit against crypto exchange Binance was "erroneous."
A certain whale transferred 250,000 RNDR from Binance four hours ago
According to the on-chain analyst @ai_9684xtpa, four hours ago, the RNDR whale with address 0x551...46225 transferred 250,000 RNDR tokens worth 2.54 million US dollars from Binance. The address currently holds a total of 750,000 RNDR tokens (worth 8.09 million US dollars) with an average cost of 7.94 US dollars, resulting in a floating profit of 245,000 US dollars.
The sixth phase of Binance Incubator has ended; investment in 7 projects including Cellula, Derivio, Ethena, and NFPrompt
Binance's risk investment and incubation department, Binance Labs, announced the investment in seven best-performing projects in its sixth incubation program, namely Cellula, Derivio, Ethena, NFPrompt, QnA3, Shogun, and UXUY. It is reported that the incubator activity started in December 2023, and hundreds of projects applied to participate in the sixth season, of which 3% were accepted. In addition, Binance also stated that the incubator incubation program for the seventh season will be launched soon.
BNB breaks $450
Binance-BNB/USDT is currently trading at $450.00, with a 24-hour increase of 7.28%.
An address deposited 3.7 million GRT to Binance, equivalent to approximately US$1.2 million.
According to Scopescan monitoring, an address beginning with 0xeed1 deposited 3.7 million GRT (1.2 million US dollars) into Binance. This address had accumulated GRT in September and December of last year, with an average cost of 0.13 US dollars.
The Philippines has begun blocking unlicensed crypto trading websites, but Binance is still accessible
The National Telecommunications Commission (NTC) of the Philippines has started blocking the websites of cryptocurrency companies that offer investment products without necessary permits in the country. The websites of cryptocurrency companies MiTrade and OctaFX are currently inaccessible in the country. Although NTC has started blocking unlicensed cryptocurrency trading platforms, Binance exchange is still accessible in the country.
Binance Futures launches Futures NEXT platform
Binance Futures has launched the Futures NEXT platform. Through a prediction-based mechanism, users can accurately predict which tokens will be listed on Binance Futures' USDⓈ-M market and receive rewards. Futures NEXT operates independently of Binance's listing process, focusing on rewarding accurate market predictions rather than influencing token listings. Although users can nominate and allocate Picks to tokens, Futures NEXT is not a voting platform. Therefore, the popularity of tokens on the platform cannot guarantee their listing. Binance maintains a strict and fair listing review process to ensure that all tokens, regardless of their performance or popularity on Futures NEXT, follow the same evaluation criteria.
Binance Launches "CRYPTO" Fragrance to Encourage Women's Investment in Digital Assets
Binance has launched a fragrance named "CRYPTO" in honor of International Women's Day to motivate more women to invest in digital assets. The scent is a combination of various fragrances, including ozone, salt, moss, oud, mandarin, precious woods, amber, woody notes, and musk. Although the campaign has been criticized for potentially stereotyping women, Binance's CMO Rachel Conlan claims that it is meant to be humorous and satirical, with the underlying goal of encouraging women to complete a beginner course on Binance Academy and earn $25 in USDT. The perfume is not available for purchase and can only be tested at pop-ups in a Dubai mall. Binance's new perfume's satirical nature raises questions about the company's intentions. Is it a genuine effort to encourage women to learn more about finance, or is it a condescending marketing strategy? While the idea of a crypto perfume may seem amusing, it does not address the larger issue of gender diversity in the tech industry. Despite this, Binance asserts that it is committed to improving the industry by attracting more women to the workforce and creating products that cater to both genders.
BNB briefly exceeded $430, hitting a new high since April 2022
The market shows BNB has briefly surpassed $430, currently priced at $429.2, with a daily increase of 2.63%, reaching a new high since April 2022. The market is volatile, please be cautious with risk management.
Binance announced that the Solana (SOL) network may temporarily suspend withdrawal services recently
Binance announced that due to the increase in transaction volume on the Solana (SOL) network, withdrawals for Solana (SOL) network may be suspended for maintenance starting from March 4th, 2024 (UTC+8). Binance has completed its investigation and is seeking a long-term stable solution. The solution is expected to be implemented on March 10th, 2024 at 02:00 (UTC+8).
Binance to stop all Nigerian Naira (NGN) services
According to an official announcement, Binance will stop all Nigerian Naira (NGN) services. From 08:00 (UTC) on March 8th, 2024, the remaining NGN balance in users' Binance accounts will be automatically converted to USDT at the following exchange rate. Deposit, withdrawal and exchange: · After 14:00 (UTC) on March 5th, 2024, Binance will no longer support NGN deposits. · After 06:00 (UTC) on March 8th, 2024, NGN withdrawals will no longer be supported. · After 08:00 (UTC) on March 8th, 2024, Binance will represent users to convert the remaining NGN balance in their spot wallet and fund wallet to USDT at a rate of 1USDT = 1,515.13NGN.
Binance is about to list Dogwifhat (WIF) and add a seed tag to it
Binance will temporarily suspend the trading of Dogwifhat (WIF) on March 5, 2024 at 22:00 (GMT+8). The following trading pairs will be available: WIF/BTC, WIF/USDT, WIF/FDUSD, and WIF/TRY. The WIF deposit channel is now open. WIF withdrawals are expected to be available on March 6, 2024 at 22:00 (GMT+8).
Nigeria parliamentary committee summons Binance CEO Richard Ten
According to the Chairman of the Nigerian House of Representatives Financial Crimes Committee, Ginger Onwusibe, the committee has summoned Binance CEO Richard Teng to appear in court on or before March 4 to investigate allegations of money laundering and financing terrorism. If Richard Teng fails to appear, appropriate measures will be taken. <br>
In February, Binance occupied more than 3/4 of the spot trading market share, while Coinbase dropped to 10.9%
According to data from The Block Pro, the spot trading volume of compliant centralized exchanges (CEX) continued to rise in February, with an increase of about 6.4%, reaching 668.5 billion US dollars. In terms of market share in the spot market of major cryptocurrency exchanges, Binance's market share in February was 75.7% (an increase from January), Coinbase was 10.9%, Kraken was 4.4%, and LMAX Digital was 2.1%.
