Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC
The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law.
Binance opens deposit, withdrawal and exchange services for USDC.e on the Arbitrum network
On November 9th, Binance has opened up the deposit, withdrawal, and exchange services for USD Coin Bridged (USDC.e) on the Arbitrum network. The code for USD Coin Bridged (USDC.e) on the Arbitrum network on the Binance platform is "ARBUSDCE".
Users can now deposit, withdraw USD Coin Bridged (USDC.e) through the Arbitrum network, and can also unilaterally exchange ARBUSDCE tokens for USDC through the flash exchange platform.
Binance will list BADGER 1-50 times U-based perpetual contract
On November 9th, according to an official announcement, Binance will launch BADGER 1-50x U perpetual contract on November 09, 2023 at 20:30 (GMT+8).
Binance cross margin and isolated margin add AST, GNO, ORDI assets and more trading pairs
On November 9th, Binance added AST, GNO, ORDI assets to its full and isolated margin leverage, as well as more full and isolated margin leverage trading pairs.
New full margin leverage trading pairs: BADGER/USDT, MOVR/USDT, ORDI/USDT, RAY/USDT, SCRT/USDT
New isolated margin leverage trading pairs: AST/USDT, GNO/USDT, RAY/USDT, SCRT/USDT
A whale transferred 7.09 million ARKM to Binance
According to Scopescan monitoring, one hour ago, user X transferred 7.09 million ARKM tokens (worth 2.67 million USD) to Binance. User X still holds 3 million ARKM tokens (worth 1.17 million USD).
Binance donates $100,000 in cryptocurrency to Turkish non-profit Ahbap
Binance announced a donation of $100,000 worth of cryptocurrency to the Turkish non-profit organization Ahbap. This donation will be used directly to build earthquake-resistant steel structure houses for families affected by the earthquake.
SEC opposes Binance’s motion to dismiss money laundering trading charges
On November 8th, it was reported that the United States Securities and Exchange Commission (SEC) stated in legal documents that Binance and its CEO CZ operated a securities trading platform in the United States without being registered, violating Section 5 of the Securities Act. The SEC accused Binance of providing and selling BNB tokens to US investors through its employees, and inducing investors to purchase through encrypted cryptocurrency investment projects such as BUSD, which constitutes unregistered investment contract sales. The SEC requested that the court reject Binance's motion, maintain the securities legal system, and impose legal sanctions on the relevant responsible parties.
Previously, Binance US and its affiliated organizations requested that the District Court of Washington, D.C. reject the lawsuit filed by the United States Securities and Exchange Commission (SEC), stating that its accusations of money laundering transactions were "unsupported by facts". <br>In June, the SEC accused Binance US, which is affiliated with Binance Holdings Limited and BAM, of allowing Sigma Chain, a trading company owned by Binance CEO CZ, to conduct money laundering transactions.
Binance completes integration of BNB, FDUSD and USDT on OpBNB network
Binance has announced that it has completed the integration of BNB, FDUSD, and USDT on the OpBNB network and has opened up deposit and withdrawal services.
Binance Spot adds some new trading pairs and trading robot services
DeepChain, Binance will launch EGLD/FDUSD, FET/FDUSD, GAS/FDUSD, INJ/ETH, INJ/TUSD, OP/FDUSD, ORDI/FDUSD, ORDI/TUSD, RNDR/FDUSD, and SHIB/TUSD spot trading pairs at 16:00 on November 9, 2023 (UTC+8).In addition, Binance will offer trading bot services for the following trading pairs on the same date and time:
Binance launches Web3 wallet for its 150M registered users
The Binance Web3 wallet has been launched within the primary Binance app, which is predominantly used for trading cryptocurrencies.
