Binance Will List ATOM/FDUSD, AVAX/FDUSD and Other Trading Pairs on October 19
According to the official announcement, Binance will launch trading pairs for ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY, and MATIC/FDUSD on October 19, 2023 at 16:00 (GMT+8).
In addition, Binance will open spot grid and spot DCA (dollar-cost averaging) trading robot services for NTRN/USDT and PENDLE/USDT trading pairs on October 19, 2023 at 16:00 (GMT+8).
Binance Will Remove Some Margin Trading Pairs Such As AUCTION/BUSD and ALGO/BUSD
October 18th, Binance Leveraged Tokens will remove AUCTION/BUSD, ALGO/BUSD, APT/BUSD, ATOM/BUSD, AXS/BUSD, COMP/BUSD, CRV/BUSD, DODO/BUSD, DYDX/BUSD, EGLD/BUSD, ETC/BUSD, EOS/BUSD, FLOW/BUSD, FTM/BUSD, GLMR/BUSD, GMT/BUSD, HBAR/BUSD, KEY/BUSD, LDO/BUSD, LEVER/BUSD, LINA/BUSD, MAGIC/BUSD, MANA/BUSD, MASK/BUSD, NEAR/BUSD, ONE/BUSD, RNDR/BUSD, TRX/BUSD, UNI/BUSD, and VET/BUSD full position and isolated position trading pairs on October 26th, 2023 at 14:00 (GMT+8).
Binance Will List STPT and WAXP 1–50x U-standard Perpetual Contracts
According to the official announcement on October 18th, Binance will launch STPT 1-50x U perpetual contract on October 18th, 2023 at 22:30 (GMT+8), and WAXP 1-50x U perpetual contract on October 18th, 2023 at 22:45 (GMT+8).
Binance Will Support Kadena (KDA) Network Upgrade and Hard Fork
On October 18th, according to an official announcement, Binance will support the Kadena (KDA) network upgrade and hard fork. Kadena will undergo the network upgrade and hard fork at block height 4,177,889 (estimated to be at 08:00 on October 20th, 2023, in the GMT+8 time zone). Binance is expected to suspend token deposits and withdrawals for the above network at 07:00 on October 19th, 2023, in the GMT+8 time zone. Users can still trade the supported tokens on the above network normally.
Binance will adjust leverage and margin tiers and funding rate caps for multiple U-based perpetual contracts
Binance will update the U-based perpetual contract leverage and margin ladder for ALGOUSDT, RUNEUSDT, HBARUSDT, and GMTUSDT on October 18, 2023 at 16:30 (GMT+8). Users' current positions will be affected. Users are advised to refer to the updated leverage and margin ladder to adjust their margin to avoid forced liquidation. The upper limit of the funding rate for ALGOUSDT, RUNEUSDT, HBARUSDT, and GMTUSDT will be adjusted to +2.00%/-2.00% on October 18, 2023 at 16:30 (GMT+8).
A Whale Address Withdrew 1.37 Million APE From Binance, and Once Hoarded APE, It Lost 74%
According to Look on Chain data on October 17th, a whale address withdrew 1.37 million APE coins (worth approximately $1.49 million) from the Binance platform 40 minutes ago.
It is worth noting that this address had purchased 540,000 APE coins on Binance and DEX between January 24th and May 8th this year at an average price of $4.28, worth $2.33 million at the time. Currently, this transaction is at a loss of $1.74 million (-74%).
More Than 116 Million USDC Were Transferred to Binance
According to Whale Alert monitoring data, at 09:22 this morning Beijing time, 116,373,514 USDC were transferred from an unknown wallet to Binance.
Binance will stop accepting new UK users to comply with advertising rules
Binance stated in a blog post that it will no longer accept new users from the UK starting from Monday in order to comply with UK cryptocurrency marketing rules. The exchange stated, "We are closely working with the FCA to ensure that our users are not harmed by these developments and are seeking another appropriate FCA authorized firm to approve our financial promotions as soon as possible."
Under new regulations that came into effect on October 8th, companies registered with the Financial Conduct Authority (FCA) in the UK can approve their own advertisements. If they cannot do so, they can recruit authorized entities to approve them. Although Binance had worked with a company called Rebuildingsociety.com before the rules came into effect to get its promotions and advertisements approved in the UK, the FCA stated last week that the latter had no authority to approve cryptocurrency advertising.
Arkham: Deposit 1.5 million ARKM to Binance for internal transfer within Binance
Arkham posted on social media stating that when you see millions of dollars transferred from an "unknown wallet" to an exchange, please check Arkham. This is an internal transfer within Binance.
Previously, Golden Finance reported that monitoring showed Wintermute Trading received 21.58 million ARKM (approximately $7.34 million) from the Arkham team. Subsequently, they deposited 1.5 million ARKM into Binance. This may be Arkham selling its tokens through Wintermute Trading.
Binance Has Completed Its 25th Quarterly BNB Burn, With a Total of Over 2.13 Million BNB Burned.
Binance announced on social media that it has completed its 25th quarterly BNB burn, burning a total of 2.139 million BNB, worth approximately $435 million.
