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157,000,000 CHZ Transferred From Binance to Unknown Wallet

According to Whale Alert monitoring data, at 2:44 pm Beijing time today, 157,000,000 CHZ (worth about $10,002,860) was transferred from Binance to an unknown wallet.

Binance Will Support Polygon Network to Support Native USDC

According to an official announcement on October 23, Binance will support the native USD Coin (USDC) issued by Circle on the Polygon network. Deposits and withdrawals of the token on the network will be available soon. Binance already supports the cross-chain version of USD Coin (PoS) (USDC.e) and will use MATICUSDCE as the code.

2 New Wallet Addresses Withdrew 24,784 TRB From OKX and Binance 10 Minutes Ago, Equivalent to Approximately US$1.88 Million

October 23, according to Lookonchain monitoring, about 10 minutes ago, 2 new wallet addresses withdrew a total of 24,784 TRB ($1.88 million) from OKX and Binance. In the past three days, a total of 7 new wallet addresses have withdrawn 198,755 TRB ($15.06 million, accounting for 7.83% of the total supply) from trading platforms.

Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan

Binance Japan and Mitsubishi UFJ bank want to help with the country's Web3 ambitions by issuing stablecoins.
Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan

Binance to Shut Down Crypto-Powered Visa Debit Card in Europe

Binance, the top global crypto exchange, has announced that it will be shutting down its crypto-powered Visa debit card service in the European Economic Area (EEA) in December. Customers' accounts will not be affected, and the exchange is urging European customers to transition to Binance Pay, its crypto payment technology.

Binance Will Launch RIF 1–50 Times U-based Perpetual Contract

October 21st, according to official sources, Binance will launch RIF perpetual contracts with 1-50x leverage in U denomination at 20:30 on October 21st, 2023 Beijing time.

Binance Will Stop Offering Visa Debit Card Services in the European Economic Area

October 21st, according to official sources, Binance will stop providing its Visa card services in the European Economic Area. Users who hold the card can continue to use it until December 20th. If feasible, users can consider using Binance Pay to shop with cryptocurrencies at merchants who accept them.

5 New Whales Accumulated Nearly $9.5 Million Worth of TRB From Binance in the Past 24 Hours

According to Spot On Chain monitoring, 5 new whales have accumulated 141,328 TRB (worth $9.48 million) on Binance in the past 24 hours, with an average price of $67.04. It is worth noting that since August 30th, the TRB price has risen by 392%. We have identified 15 addresses that have collectively accumulated 1.444 million TRB ($39.6 million) on Binance and OKX during this period, with an average price of $27.4.

US Chamber of Digital Commerce Backs Binance in Fight Against SEC's Crypto Regulations

The US Chamber of Digital Commerce has filed an amicus brief in support of Binance in its legal battle against the US Securities and Exchange Commission (SEC). The group argues that the SEC's actions are driving crypto startups offshore and stifling financial innovation. They also claim that the SEC has mislabelled many crypto tokens as unregistered securities and failed to recognise the distinction between the subject of an investment-contract security and the investment contract itself. The SEC has recently levied enforcement actions against several digital asset companies, including Binance, Coinbase, and Kraken.