Binance hot wallet collected RON tokens for the first time on January 26, and the address currently holds 137,000 RON
According to @ai_9684xtpa monitoring, Binance's hot wallet (address starting with 0xb32) first collected RON tokens on January 26. Currently, the address holds 137,000 RON tokens worth $360,000.
It is suspected that the ALT project party is selling tokens
According to Chain Analyst @ai_9684xtpa,the suspected ALT project party is selling tokens. 9 hours ago, the related address 0xfcc...59a70 of the ALT project party recharged 464,000 ALT to Binance, worth $150,000. This address had previously received 214 million ALT (19.4% of the total circulation of tokens), worth $701 million, from the project's multi-signature address three days ago.
Binance advises users to exchange rubles to other currencies before January 31, 2024
Binance recommended that users exchange their rubles for other currencies before January 31st, 2024. Starting from 08:00 (UTC) on February 1st, 2024, any remaining RUB balance in user accounts will be automatically converted to FDUSD based on xe.com's real-time exchange rate.
Binance announces that it will burn a large number of Binance-pegged tokens on various chains today
According to official sources, Binance announced today that it will destroy a large number of tokens tied to Binance on various chains. Then, an equal amount of tokens used as collateral on its native network will be released.
Three hours ago, an address deposited 453,000 API3 to Binance.
According to blockchain data analyst @ai_9684xtpa, an address that built a position in API3 a week ago deposited 453,000 tokens worth $1.09 million into Binance 3 hours ago. If sold at current prices, the profit would be $603,000 (with a cost of only $1.67 per token). API3 has risen 80.81% in the past 7 days and is currently priced at $3.01.
Binance will file a motion with the court to dismiss the US SEC lawsuit
On January 19th, Binance is about to confront the US Securities and Exchange Commission (SEC) in a court in Washington. The focus of the hearing, scheduled for January 19th, is around Binance's motion to dismiss the lawsuit filed by the SEC in June 2023. The SEC's lawsuit includes a series of allegations, including Binance's artificial inflation of trading volumes, misappropriation of customer funds, failure to restrict US customers from using its platform, and misleading investors in market monitoring.
Binance Records $5 Billion Inflows Since US Settlement, Surpassing Rivals
Despite facing regulatory challenges and parting ways with its founder, Binance has seen a resurgence in crypto inflows, with a net influx of around $5 billion within two months of its settlement with US authorities. This surge surpasses its rivals, signaling a strong comeback under the leadership of CEO Richard Teng. Binance's exchange token, Binance Coin (BNB), has outperformed broader markets with a 20% surge since November 21, indicating a positive market response to the changes implemented post-settlement and the overall cryptocurrency sector's recovery. However, Binance still faces challenges, including establishing a global headquarters and obtaining full licenses in key crypto hubs.
Binance will be conducting wallet maintenance in the next few days
Binance stated on social media X that it will perform standard wallet maintenance in the coming days. As a result, users may notice some large transactions of USDC on the ETH network from Binance wallets, but the funds are safe.
Tokeninsight Annual Report: Binance leads the way with an absolute advantage in multiple data, and its performance exceeded market expectations
Tokeninsight released the "Crypto Trading Platform 2023 Annual Report", which showed that Binance ranked first in market share, spot and derivative trading share, and Binance's market share was 48.7% at the end of the year, and spot and derivative trading share was 53.7%, leading the global cryptocurrency trading platform. After experiencing major regulatory events, Binance's performance exceeded market expectations.
