A Whale deposited 1,499 BTC into Binance
According to Whalealert, 3 mins ago, 1,499 BTC (44,314,515 USD) transferred from unknown wallet to Binance.
Data: Binance Spot Market Share Drops From 64% at the Beginning of the Year to 50%
Blockchain analytics firm Kaiko reported that Binance’s spot market share fell to 50 percent from 64 percent earlier this year, down 22 percent over the past seven months. During the same period, Coinbase experienced a similar fate, with its market share dropping from 8% to 5.5%.
Binance Will List PENDLE 1–20 Times U-Margined Perpetual Contract
According to the official announcement, Binance will launch the PENDLE 1-20 times U-margined perpetual contract at 10:30 on July 28, 2023 (Eastern Eighth District Time).
Binance Adds Controversial Stablecoin FDUSD to Platform Amid Allegations of Justin Sun's Involvement
Binance has added a new stablecoin called First Digital USD (FDUSD) to its platform, which has sparked controversy within the crypto community due to allegations linking it to Justin Sun and TrueUSD (TUSD). The stablecoin is issued by Hong Kong-based digital asset custodian First Digital Trust and aims to provide users with a reliable means of conducting transactions.
Binance Convert Adds FDUSD
According to Binance, Binance now announces that FDUSD has been added to Binance Convert.
A Whale Address that withdrew transferred 37K ETH ($68.63M) to Binance
According to Binance, A whale/institutional address transferred 37K ETH ($68.63M) to Binance 3 hours ago.
Binance withdraws crypto license application in Germany
Binance, a cryptocurrency exchange, announced on Wednesday that it has retracted its application for a crypto license in Germany. The company did not provide any explanation for the withdrawal. The news comes amidst increased regulatory scrutiny on the cryptocurrency industry.
Binance: First Digital USD (FDUSD) Listing Will Be Postponed
Due to FDUSD pairs’ liquidity providers experiencing technical issues, Binance will halt trading for First Digital USD (FDUSD) at 2023-07-26 09:45 (UTC), to ensure utmost protection for our users. Trading for the BNB/FDUSD, FDUSD/BUSD and FDUSD/USDT spot trading pairs will restart at 2023-07-26 14:00 (UTC). <br>
Data: About 73 Million USDT Transferred From Unknown Wallet to Binance
According to Whale Alert monitoring, 72,999,970 USDT were transferred from unknown wallets to Binance.
Binance Will List the New Stablecoin First Digital USD (FDUSD) and Launch a Zero-Fee Campaign
Binance will list the new stablecoin First Digital USD (FDUSD) at 16:00 on July 26, 2023 (Eastern Eighth District Time). Spot trading BNB/FDUSD, FDUSD/BUSD, FDUSD/USDT. The FDUSD deposit channel is now open. FDUSD withdrawal is expected to open at 16:00 on July 27, 2023 (Eastern Eighth District Time). The listing fee for FDUSD is 0 BNB.
Miami Heat’s Jimmy Butler Seeks Dismissal From Binance Class Action Lawsuit Over Alleged Promotion of Unregistered Securities
Miami Heat basketball player Jimmy Butler has requested to be removed from a class action lawsuit that accuses celebrities of promoting unregistered securities by Binance. Butler's lawyers argue that the tweets he appeared in did not promote the named securities and did not recommend any investment, but instead warned of celebrity crypto endorsements and urged potential Binance customers to do their own research on crypto investments. Butler was named in the lawsuit alongside Binance, its chief Changpeng "CZ" Zhao, and YouTubers Graham Stephan and Ben Armstrong. Zhao, Binance, and Armstrong have also filed motions to dismiss the suit.
Binance Introduces Seed Tag and Monitoring Tag for Marking High-Volatility and High-Risk Tokens
According to the Binance announcement, according to community feedback that users find it difficult to distinguish tokens in the innovation zone and the main trading zone, Binance will launch Seed Tag and Monitoring Tag on July 26. The Seed Tag will replace the Innovation Zone and apply to all tokens currently listed on the Innovation Zone, as well as tokens from innovative projects listed in the future. These tokens may be subject to higher volatility and risk than other listed tokens. In addition, Binance will also introduce Monitoring Tag, which may have higher volatility and risk compared to other listed tokens.
Data: Spartan Group Purchased 432,790 PENDLE on Binance
According to Spot On Chain data monitoring, 15 hours ago, Spartan Group purchased 432,790 PENDLEs in Binance at a price of US$0.716. It is reported that the venture capital institution locked 1.42 million PENDLEs between July 2021 and April 2022, and still holds all of them.
Ripple CLO Says XRP Ruling Could Impact SEC Cases Against Coinbase and Binance
Stuart Alderoty, Ripple's CLO, has stated that the recent ruling in the XRP securities case could have implications for ongoing cases against Coinbase and Binance initiated by the SEC. Alderoty believes that the ruling will play well in both cases and that the SEC will lose if it claims assets are securities in their own right. Despite this, Alderoty does not believe that the SEC will end its attempts to regulate the crypto sector through enforcement. He also emphasized Ripple's separation from XRP and discussed the possibility of the SEC appealing other parts of the case.
Binance's Half-Year Report 2023: Insights into the Current State of the Crypto Market
Binance's "Half-Year Report 2023 July 2023" provides insights into the current state of the crypto market, showing positive growth in market capitalization on a quarterly, half-yearly, and annual basis. Despite facing challenges in the first half of the year, the crypto industry has demonstrated resilience, with a surge in institutional interest and adoption.
KuCoin Clarifies Reports of Layoffs, Claims They are Routine Performance Appraisals
KuCoin, a crypto exchange, has denied reports that it plans to lay off over 300 staff, stating that they are "routine performance appraisals." The bear market has led to significant layoffs in the crypto industry, particularly among exchanges, as companies seek to cut costs and maintain lean teams. Chinese reporter Colin Wu initially claimed that the layoffs at KuCoin were due to a recent decline in profits resulting from stricter KYC rules, but the exchange has since clarified that they are simply performance appraisals. Other crypto exchanges, including Binance, have also reportedly conducted significant layoffs in recent times.
Japan’s Prime Minister Reiterates Commitment to Web3 As Binance Announces Launch in Japan
Japan's Prime Minister, Fumio Kishida, has reiterated the country's support for the Web3 industry and its potential to transform the web and society. Kishida emphasized the importance of Web3 in attracting industry players to Japan to promote collaboration and innovation across sectors. Binance, one of the world's largest cryptocurrency exchanges, has announced its upcoming launch in Japan, cementing the country's position as a thriving center for Web3 innovation. The exchange's services will be available on a new Japanese platform starting in August 2023.
Binance OTC Extends Algo Orders to All Users
Following the launch of Algo Orders on the VIP Portal, Binance OTC is pleased to announce that the feature has been extended to all users on the OTC Trading Platform at the Binance website. All users can now place Time-Weighted Average Price (TWAP) and Percent of Volume (POV) Algo Orders directly on the platform.
Binance To Start Full Service on New Platform in Japan in August
According to Jinshi reports, Binance CEO Changpeng Zhao (CZ) said that Binance will start providing full services on the new platform in Japan in August.
Whale 0xa54 Trying To Buy the Bottom PEPE
According to The Data Nerd monitoring, the whale 0xa54 tried to buy PEPE. He has withdrawn a total of 4.59 billion PEPE ($6.51 million) from binance today and is currently down $600,000 (-9%). Previously, he made a trading profit of $670,000 PEPE in less than 1 month.
