U.S. court issues protective order over disclosure of materials in SEC vs. Binance lawsuit
A US court has approved a protective order that will be responsible for managing the production, use, and disclosure of all information and materials provided by either party in the lawsuit brought by the US Securities and Exchange Commission (SEC) against Binance and its CEO CZ.
Binance cross margin adds FIS assets and more trading pairs
Binance has added FIS assets for full-position leverage trading, as well as more full-position leverage trading pairs. Newly added full-position leverage trading pairs: BAL/USDT, DEXE/USDT, DGB/USDT, FIS/USDT.
Binance will launch NTRN 1-50 times U-based perpetual contract
According to the official announcement, Binance will launch NTRN 1-50x U-based perpetual contract at 20:00 on November 14th (GMT+8).
Binance Japan’s migration deadline is just one week away, and the global platform’s services for Japanese users are about to end
According to Coinpost, on November 13th, PANews reported that Binance had previously announced that Japanese customers could apply for accounts starting from mid-August and would not be able to access the global Binance platform after November 30th, but could trade on the new platform starting from December 1st. Currently, Binance recommends that Japanese users complete the identity verification process on Binance Japan before 23:59 on November 20th (Japanese time) because it takes a lot of time, and there are still many users who have not completed this procedure.<br>As of November 13th, there is less than a week left until the transition deadline. Users who complete the identity verification process will be able to use Binance.com's global services until November 30th, 2023, but from December 1st, they will become customers of Binance Japan, and their Binance.com accounts will be cancelled. After 10:00 am local time on December 1st, Japanese users who have completed the identity verification process will be migrated to Binance Japan. If KYC has not been completed, Japanese users' use of the global Binance platform will gradually be restricted, and they will only be able to use the "withdrawal" function, and in this case, customer assets will not be protected by local laws and regulations.
Binance will support AirDAO (AMB) and BitShares (BTS) network upgrades and hard forks
According to an official announcement, Binance will support the network upgrade and hard fork of AirDAO (AMB) and BitShares (BTS), with the following specific arrangements:
- The AirDAO (AMB) project party will perform a network upgrade at block height 27,690,000 (expected to be November 16, 2023, in Eastern Time); Binance is expected to suspend token recharge and withdrawal services for the above network at 04:00 on November 16, 2023, in Eastern Time.
- The BitShares (BTS) project party is expected to perform a network upgrade and hard fork at 22:00 on November 16, 2023, in Eastern Time; Binance is expected to suspend token recharge and withdrawal services for the above network at 21:00 on November 16, 2023, in Eastern Time.
CZ: In 2014, I sold my house and bought all cryptocurrencies, and only founded Binance in 2017.
According to a post by user X@VT_BNB on Odaily Star News, it is certain that Binance founder CZ did not have a smooth sailing when seeking investment and institutional financing in the early days of Binance, otherwise he would not have had to sell his house in Shanghai. CZ stated that he sold his house and went all in on crypto in 2014, and only founded Binance in 2017.
CZ: Binance has no currency listing contact, and anyone who publishes such advertisements is a scammer
He Yi, co-founder of Binance, posted on social media that someone impersonated a Binance listing manager. CZ responded that Binance has no contact person for listings and anyone who posts such ads is a fraud. Binance listings are done through an online form.
Binance liquidity aggregator Orion announces the release of relayer Scorpio in the Ethscriptions ecosystem
On November 12th, Binance liquidity aggregator Orion announced the release of relay Scorpio on the Ethscriptions ecosystem. By bridging dumb contracts and smart contracts, Scorpio brings traditional Ethereum Dapp applications into the Ethereum Inscription system. The team plans to introduce various products such as stablecoins, liquidity staking, and cross-chain bridges to Ethscriptions in the future. Scorpio has already released the Ethscriptions Inscription token scop, which has been 100% minted. The official scop is the only token in the Inscription ecosystem.
CME, Where Institutions Trade Bitcoin Futures, Flipped Binance. Is That as Bullish as It Sounds?
CoinDesk’s Omkar Godbole says rising open interest on the Chicago Mercantile Exchange isn't always the best indicator for bitcoin’s price.
Stablecoin BUSD’s share of Binance spot trading currently stands at 2.2%
According to THE BLOCK data, BUSD stablecoin currently accounts for 2.2% of Binance spot trading. Last year, BUSD accounted for 36.16% and gradually declined afterwards. In August this year, it fell below 10%.
