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Binance liquidity mining will remove some liquidity pools such as AAVE/USDT, AVAX/USDT and so on

According to an official announcement on November 29th, Binance liquidity mining will remove the following liquidity pools on December 6th, 2023 at 12:00 (UTC+8).

Binance will launch ETHW 1-50 times U-standard perpetual contract

According to an official announcement, Binance will launch ETHW 1-50x U-based perpetual contract on November 28, 2023 at 20:30 (GMT+8).

Binance will support Polygon (MATIC) network upgrade and hard fork

On November 28th, according to an official announcement, Binance will support the Polygon (MATIC) network upgrade and hard fork, with the following specific arrangements:

Added BLUR, VIC assets and more trading pairs to currency safe positions and isolated margins

According to an official announcement, Binance has added BLUR and VIC assets to its SAFU fund and added more cross-margin trading pairs. The newly added cross-margin trading pairs are: BLUR/USDT, KMD/USDT, LSK/USDT, RARE/USDT, VIC/USDT, and VOXEL/USDT. The newly added isolated margin trading pairs are: BLUR/USDT and VIC/USDT.

New Binance CEO Richard Teng Strikes Optimistic Tone in First Company Statement After Settlement

Binance's newly appointed CEO, Richard Teng, has released his first official statement following the company's settlement with the US Department of Justice. Teng expressed optimism, stating that Binance is stronger than ever and has worked to address past compliance issues. Founder and former CEO Changpeng Zhao has stepped down from his role and is forbidden from serving as an executive for the company for three years, while Binance will pay $4.3 billion in fines and settlements and withdraw from the United States. Teng has committed to leading the team into the future while respecting and learning from the past.

Binance’s new CEO: will adopt a traditional corporate structure, and the relevant letter disclosed a “robust timetable”

According to Fortune magazine on November 27, Richard Teng, the new CEO of Binance, stated in an interview that Binance is shifting from a non-compliant tech startup to a traditional financial company. Teng said that one of his main goals is to help the cryptocurrency industry adopt unified global rules, just like the rules that the banking industry has enjoyed for a long time.<br>When asked if Binance will adopt a traditional corporate structure under his leadership, Teng gave a positive response. Teng said, "Once the corporate structure is thoroughly reformed, financial data will be made public. As an organization, we are committed to transparency." When asked when Binance will be able to disclose its board of directors and financial statements like its competitor Coinbase, Teng refused to provide specific details but said he has a "robust timeline."

Binance Labs announces $3.15 million investment in Open Campus

According to an official announcement on November 27th, Binance Labs has invested $3.15 million in Open Campus, a community-led Web3 education platform that tokenizes educational content by allowing creators to monetize their published content. This investment aims to attract new users to Web3 and encourage more local users to participate in education through the introduction of innovative Publisher NFTs, enhance the profit potential of content creators, and provide revenue sharing for co-owners.

Binance is about to launch USTC 1-50 times U-based perpetual contract

According to an official announcement by Jinse Finance, Binance will launch USTC1-50x perpetual contracts on November 27, 2023 at 20:30 (GMT+8).

Binance will delist BTS, PERL, TORN and WTC

According to an official announcement, Binance has decided to halt trading and delist the following currencies on December 7th at 11:00 (GMT+8): BitShares (BTS), PERL.eco (PERL), Tornado Cash (TORN), Waltonchain (WTC).

Andrei Jikh: If SEC investigation into Binance reveals fraud, it could delay approval of spot Bitcoin ETF

Andrei Jikh, a financial influencer, has warned that if the US Securities and Exchange Commission (SEC) investigation into Binance reveals widespread fraudulent activity, it could delay the approval of a Bitcoin ETF. This could make the SEC more cautious, concerned about market risk and instability.