Binance will support TomoChain (TOMO) brand upgrade to Viction (VIC)
Binance will support the rebranding of TomoChain (TOMO) to Viction (VIC). Binance will temporarily suspend TOMO's recharge and withdrawal services on November 20, 2023 at 11:30 (UTC+8). Binance will use VIC as the TOMO token code (i.e. 1 TOMO = 1 VIC).
Binance will perform wallet maintenance on the Tron network, and large-amount TRX transfers are normal operations
On November 6th, Binance announced that it will perform maintenance work on the Tron network wallet in the next few hours. During this period, users may notice some large transactions from Binance's TRX wallet.
Binance emphasized that the funds are safe (SAFU). Users do not need to worry about these large transactions, as they are normal occurrences during the wallet maintenance process. Please rest assured that after the maintenance is completed, all services will resume normal operation.
Whale 0xb15 withdrew 8,618 ETH from Binance about 40 minutes ago
Spot On Chain monitoring data shows that the smart whale 0xb15 withdrew 8,618 ETH (worth 15.95 million US dollars) from Binance at an average price of 1,850 US dollars about 40 minutes ago. In the past 24 hours, the whale has extracted 17,316 ETH (worth 31.80 million US dollars) from Binance at an average price of 1,838 US dollars, which is his eighth ongoing ETH transaction.
A whale withdrew 300 WBTC from Binance and provided it to Radiant Capital
Data Nerd monitored that 22 hours ago, the whale 0xa38 withdrew 300 WBTC (worth $10.34 million) from Binance and provided it to Radiant Capital. It is worth noting that he provided a total of 733 WBTC (worth $23.2 million) in Radiant Capital and Aave.
Wintermute transferred 5 million HFT to Binance 20 minutes ago
According to Twitter user Yu Jin monitoring, 20 minutes ago, Wintermute transferred 5 million HFT (1.25 million US dollars) to Binance. Wintermute has cumulatively transferred 5.6 million HFT (1.4 million US dollars) to CEX today.
5.5 million HFT → Binance; 100,000 HFT → Kraken.
Binance will update the leverage, margin levels and funding rate caps of multiple U-margined perpetual contracts
Binance's futures trading platform will update the leverage, margin levels, and funding rate caps for multiple U-based perpetual contracts, including TOMO, MINA, YFI, KLAY, 1000LUNC, ZIL, QTUM, ENS, KSM, ONT, and SUSHI.
Binance will list USDⓈ-M MEME perpetual contract
On November 3rd, Binance will launch a perpetual contract for USDⓈ-M MEME with leverage up to 50 times.
CoinGecko: Binance market share is 43.9% as of September 2023
CoinGecko stated that research shows Binance is the largest centralized cryptocurrency exchange with a market share of 43.9% as of September 2023. Although Binance's spot trading volume fell to $132.5 billion by the end of Q3 2023, a decrease of 30.3% compared to the previous quarter, it recorded $190 billion in August 2023. This is significantly lower than the annual high of $55.98 billion in March 2023.
Upbit is the second largest centralized exchange with a market share of 11.5% in September 2023, with a spot trading volume of $34.8 billion, an increase of 17.7% compared to the previous month of August 2023, which was $29.5 billion.
Binance will launch TWT 1-50 times U-based perpetual contract
According to an official announcement, Binance will launch TWT 1-50x perpetual contracts with a U-based denomination on November 3, 2023 at 22:30 (GMT+8).
Clearpool governance forum is online
On November 3rd, Clearpool, a decentralized lending protocol, announced the launch of a governance forum on the Clearpool Discord server.
It is reported that the forum serves as a central hub for discussion and collaboration among all Clearpool stakeholders, including borrowers, lenders, investors, and the wider user community. Following the launch of a new staking model, community members can create governance proposals on the forum, proposing enhancements and changes to the Clearpool protocol. Specific details regarding proposal logic, framework, and voting process will be announced soon.
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