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Binance will support Harmony (ONE) network upgrade and hard fork

According to an official announcement, Binance will support the Harmony (ONE) network upgrade and hard fork, with the following specific arrangements: The project party will carry out the network upgrade and hard fork at block height 49,152,000 (expected to be at 01:30 on November 3, Eastern Time); Binance is expected to suspend token deposit and withdrawal services for the above network at 00:30 on November 3, Eastern Time.

57,600 ETH transferred from Binance to Binance Beacon Deposit

Whale Alert monitoring shows that around 01:42 Beijing time, 57,600 ETH ($103,912,618) was transferred from Binance to Binance Beacon Deposit.

Binance’s market share among non-USD exchanges drops to 50%

Odaily Planet Daily News: According to data from The Block, Binance's market share on non-dollar exchanges has dropped from 74% in December 2022 to 50% this month. 

CFTC Commissioner: The CFTC has the authority to file fraud and manipulation charges if Binance involves Americans and the US market

CoinDesk stated on X platform that CFTC Commissioner Cmersinger said that Binance is trying to resist CFTC's allegations, but if it involves Americans or the American market, we do have the right to make fraud and manipulation charges.

Binance’s market share among non-USD exchanges has dropped from 74% to 50%

According to data from The Block, Binance's market share has gradually declined over the past year, and its market share on non-US dollar exchanges has dropped from 74% in December 2022 to 50% this month. In comparison, data from Kaiko shows that OKX's market share is over 50%.

He Yi: Binance Labs’ assets reach US$9 billion

On October 27th, Binance co-founder He Yi shared Binance's diverse investments and charitable initiatives in an interview with Authority Magazine. She mentioned that Binance Labs, their venture capital and incubator arm, is committed to supporting and investing in strong projects and startups that generate long-term growth for the large-scale crypto and Web3 ecosystems. Binance Labs manages over $9 billion in assets, covering more than 250 portfolios in over 25 countries across six continents and incubating 50 projects. In addition, He Yi also mentioned Binance Charity, the first non-profit charity organization that utilizes blockchain technology. To date, it has donated over $30 million to support global sustainable development efforts and provide assistance to over 2 million beneficiaries. Binance Charity has launched multiple charitable activities, such as providing lunch for children, Web3 scholarships, and the Pink Care Project (a social impact project aimed at addressing menstrual poverty).

Binance Fixed Investment Adds Credit Card/Debit Card Payment Method

Binance has announced the addition of credit/debit cards as a new payment option for recurring purchases. Users can now use credit/debit cards to create recurring investment plans for fiat and stablecoins.

wintermute transferred 4 million ARKM to Binance 35 minutes ago

Scopescan monitoring shows that Wintermute transferred 4 million ARKM to Binance 35 minutes ago.

Bloomberg Billionaires Index shows Changpeng Zhao’s personal wealth shrank by $11.9 billion

Bloomberg reported that the trading volume of cryptocurrency exchange Binance has been declining this year, and the Bloomberg Billionaires Index has lowered its revenue expectations by 38%. As a result, Binance founder Zhao Changpeng (CZ) saw his personal wealth shrink by $11.9 billion, falling to $17.2 billion. <br>

U.S. lawmakers urge DOJ to conclude investigations on Binance and Tether's possible aid to Hamas

Senator Cynthia Lummis and Representative French Hill have written to the Department of Justice urging them to conclude their investigations and make a decision on whether Binance and Tether should face criminal charges for their possible involvement in aiding Hamas. The lawmakers emphasized the importance of holding bad actors accountable for facilitating illicit activity, even if the reported level of funding is inaccurate. Lummis and Hill, who are both advocates for reasonable regulation of crypto, alleged that Binance and Tether knowingly allowed their platforms to be used by terrorist organizations. Binance and Tether have not yet commented on the matter.