Head of Operations at Binance Labs: Currently more focused on supporting startups that already have actual products and revenue
On November 15th, Dana Hou, responsible for Binance Labs' business strategy and operations, told Bloomberg that the department is currently more actively engaging with cryptocurrency project founders.<br>Dana Hou stated that despite the unfavorable regulatory environment this year, Binance Labs will continue to invest in more cryptocurrency projects, including those based in the United States. Binance's recent layoffs have not affected Binance Labs, and the team is still operating stably.<br>However, according to data analysis released on its official website, Binance Labs has reduced its team members by 10 since January, from 18 to 8. When asked about the departures, Binance Labs stated that they will continue to recruit and welcome new members to join the team.
Binance Labs invests in Arkham’s native token ARKM
Binance's venture capital and incubation department, Binance Labs, has invested in Arkham's native token ARKM. Arkham is an AI-driven blockchain intelligence and data platform that provides detailed information and visualization tools for on-chain activities.
Binance Japan will list 13 tokens including NEAR and OP
According to The Block, on November 15th, Binance Japan plans to relist 13 cryptocurrencies, bringing the total number of supported assets to 47. Binance stated that this number currently makes it the exchange with the highest number of supported assets in the country.<br>The 13 new cryptocurrencies include: Hedera Hashgraph (HBAR), Near Protocol (NEAR), Optimism (OP), Immutable X (IMX), Arbitrum (ARB), The Graph (GRT), Render Token (RNDR), Decentraland (MANA), EOS (EOS), GALA (GALA), ApeCoin (APE), Klaytn (KLAY), and Lisk (LSK). They are expected to be listed on November 27th.
Binance Futures will update the minimum notional value of LINKUSDT, BCHUSDT and other perpetual contracts
Binance announced that the minimum nominal value of perpetual contract orders for LINKUSDTT, BCHUSDTT, ETCUSDT, and LTCUSDT will be updated before 6:00 pm on November 22, 2023 (GMT+8).<br>Note: The above update will not affect existing perpetual contract orders for LINKUSDT, BCHUSDT, ETCUSDT, and LTCUSDT.
Binance will remove BNB/BUSD and XRP/BUSD cross margin and isolated margin trading pairs
According to an official announcement on November 15th, Binance Leveraged Tokens will remove BNB/BUSD and XRP/BUSD cross-margin and isolated margin trading pairs at 14:00 on November 23, 2023 (GMT+8).
Binance will list spot trading pairs such as ARK/TRY and BEAMX/TRY on November 16
Binance announced that it will list the following spot trading pairs on November 16, 2023 at 16:00 (GMT+8): ARK/TRY, BEAMX/TRY, CAKE/TRY, CAKE/TUSD, DYDX/FDUSD, PIVX/USDT, RUNE/FDUSD, TIA/TUSD. Note: TRY is a legal currency code, not a digital currency code.
Binance will remove spot trading pairs such as AAVE/BUSD and APE/BUSD
According to an official announcement, Binance will remove the following spot trading pairs and stop trading based on recent review results:
Binance Moves $3.9 Billion in Tether (USDT) to Hot Wallet, Raises Questions About Stablecoin Activities
Binance has transferred around $3.9 billion in tether (USDT) from its Tron-based 'Binance-Cold 2' wallet to its 'Binance 3' hot wallet. Out of this, $300 million was sent to 'Binance-Hot 7', leaving approximately $3.6 billion in 'Binance 3'. The transfer is one of the largest tether transactions on Tron to ever occur. Binance's stablecoin activities have come under scrutiny after its failure to appropriately manage Binance-Peg BUSD, and it currently faces lawsuits from the Commodity Futures Trading Commission and Securities and Exchange Commission.
An address that has held BAT for nearly 6 years deposited 14.6 million BAT into Binance an hour ago
Scopescan monitoring shows that an address holding BAT for nearly 6 years, '0x9d39', deposited 14.6 million BAT (worth 3.4 million US dollars) into Binance one hour ago. This address received BAT worth 7.35 million US dollars from an ETH ICO participant address in January 2018.
CZ: Bitcoin is the greatest business model ever created
Binance CEO CZ stated on X platform that Bitcoin is the greatest business model in history. It creates value for creators (although I assume they will never move/use these tokens), miners, other industry participants, and holders.
