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Binance will support Arweave (AR) network upgrade and hard fork

According to an official announcement, Binance will support the Arweave (AR) network upgrade and hard fork, with the following specific arrangements:

Binance and Binance.US have spent more than $1 million on lobbying this year

OpenSecrets cited data from the US Federal Election Commission, showing that in the past two years, Binance has significantly expanded its lobbying investments, with lobbying expenditures for Binance and Binance.US exceeding $1 million in 2023.

Binance to Cease Support for BUSD Products Following Paxos' Halt on Minting New Coins

Binance, a major cryptocurrency exchange, has announced that it will stop supporting all Binance USD (BUSD) products from December 15th, following Paxos' decision to halt the minting of new coins. Users have been advised to withdraw or convert their existing BUSD on the exchange into other assets before December 15th, after which point Binance will disable withdrawals for BUSD. Existing balances will be automatically converted into First Digital USD (FDUSD) for certain users. This move is part of Binance's plan to gradually wind down services for its native stablecoin, which was suggested to be an unregistered security by the United States Securities and Exchange Commission in February.

Binance will list five spot trading pairs including BLUR/FDUSD today

According to an official announcement, Binance announced that it will launch BLUR/FDUSD, DYDX/TRY, SUPER/FDUSD, USTC/FDUSD, and USTC/TRY spot trading pairs at 16:00 on November 30, 2023 (UTC+8).

Cristiano Ronaldo sued for $1 billion by Binance customers over alleged involvement in unregistered securities sale

Binance customers are suing Cristiano Ronaldo for $1 billion in damages, alleging that he aided the sale of unregistered securities with the cryptocurrency exchange. Ronaldo partnered with Binance in 2022 to create NFT collections and promote the exchange to his massive social media following. Binance settled with the federal government for over $4 billion in penalties and restitution for violating the Bank Secrecy Act, and its founder stepped down as CEO. Ronaldo has been fined $4.5 million by the Italian Competition Authority for promoting Binance without disclosing that he was being paid, adding to the legal issues faced by celebrities promoting cryptocurrency projects.

Philippines SEC: Binance is not registered as a company in the Philippines and operates without the necessary licenses or authorizations

On November 29th, the Philippines Securities and Exchange Commission (SEC) issued a statement stating that Binance is not registered as a company in the Philippines and is operating without the necessary permits or authorization.

Binance Completes Exchange of New Bitshares (NBS) Token Balance to USDT

According to an official announcement by Golden Finance, Binance has completed the NewBitshares (NBS) token balance exchange for USDT. Based on the NBS holdings in the Binance wallet as of the snapshot time of September 9, 2023, 08:00 (UTC+8), users were able to exchange their New Bitshares (NBS) token balance for USDT. Accounts with NBS holdings of less than 100 at the snapshot time will be unable to exchange. The exchange was based on the NBS/USDT average exchange rate between September 9, 2023, 08:00 and November 9, 2023, 07:59 (UTC+8), which is 1NBS=0.00011USDT.

Cristiano Ronaldo hit with class action lawsuit for promoting Binance and unregistered securities

On November 29th, it was reported that professional football star Cristiano Ronaldo is facing a class-action lawsuit from plaintiffs who claim to have suffered losses due to his promotion of the cryptocurrency exchange Binance. The plaintiffs allege that Ronaldo "coordinated with Binance to promote, facilitate, and/or actively participate in the issuance and sale of unregistered securities."

Binance will add spot trading pairs such as BLUR/FDUSD and DYDX/TRY

On November 29th, according to an official announcement, Binance will launch BLUR/FDUSD, DYDX/TRY, SUPER/FDUSD, USTC/FDUSD, and USTC/TRY spot trading pairs at 16:00 on November 30th, 2023 (GMT+8).

Binance will support Lisk (LSK) network upgrade and hard fork

ChainCatcher news, Binance will support the Lisk (LSK) network upgrade and hard fork, with the following specific arrangements:The project party will conduct network upgrades and hard forks at block height 23,390,991 (expected to be 18:00 on December 5, 2023, Eastern Time);Binance is expected to suspend token recharge and withdrawal business for the above network at 17:00 on December 5, 2023, Eastern Time.