Binance phased out zero-fee buying and selling bitcoin (BTC) with several asset pairs Wednesday, only keeping the promotion for TrueUSD (TUSD) stablecoin. Binance’s decision may foreshadow a major shift for centralized crypto exchanges, ending Binance’s dominance. Zero-fee trading pairs have represented some 60% of all trading volume on the platform, according to Kaiko data. It may also underscore TUSD’s status as Binance’s favored stablecoin.

Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges; Unstoppable Domains to Roll Out Web3 Messaging Service on Polygon; Binance Announces Arbitrum (ARB) Perpetual Contract Launch

The Pink Care Token (PCAT) project is a groundbreaking initiative launched by Binance Charity Foundation (BCF), the philanthropic arm of the world’s leading cryptocurrency exchange, Binance.

Binance Futures on Wednesday said it will launch the Arbitrum (ARB) perpetual contract within 15 minutes after opening the ARB spot trading on Binance. Arbitrum is witnessing massive hype in the crypto community ahead of the highly-anticipated Arbitrum airdrop scheduled on March 23.

While overall funding in Web3 was down last year from 2021, several top investors in the space such as Shima Capital, Animoca Brands and Y Combinator saw their numbers tick up in 2022, according to Crunchbase data.

Binance launchpads continue to be a lucrative and hyped bet for traders looking to get allocations to tokens of new projects.

In recent years, the world of cryptocurrencies has been expanding at an incredible rate, with more and more people investing in digital assets and using them for various purposes. As a result, crypto exchanges have become increasingly popular and are now essential for buying, selling, and trading cryptocurrencies.

Binance makes a major announcement, especially for those who have been backing Arbitrum’s ARB token since its news broke out. The platform will list the token with trading tentatively set to open on March 23, 2023, at 17:00 UTC. Spot trading pairs to go live are ARB/USDT and ARB/BTC.

While the rest of the crypto market has been in an upward trend over the past week, Binance Coin (BNB) has emerged as the top gainer among all other large altcoins in the crypto market. Over the past week, BNB has seen the highest double-digit gain in altcoins up by 17%. 

Binance CEO CZ criticized the banking system for repeated bank failures in the wake of the Credit Suisse merger and the recent collapse of Silicon Valley Bank. The emergency merger between Credit Suisse and UBS Group are set to wipe out the Credit Suisse’s risky additional tier 1 bonds (AT1bonds) worth a total of $17.3 billion. Although the banking crisis wiped out massive value for investors in the stock market in last few weeks, the crypto market took a bullish turn.