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).

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 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).

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%).

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 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 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 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.

According to Spot On Chain monitoring, Whale Address 0x88e deposited the remaining 4,404 ETH in its wallet into Binance 10 minutes ago. On June 23, 2020, the whale address accumulated 11,904 ETH from Bitfinex at an average price of only $243.1 ($2.894 million). In the past 3 days, the whale has deposited all 11,904 ETH ($18.58 million) into Binance. Expected profit is $15.8 million (+542%).

The address 3 Whale is accumulating MKR. The address 0x9e withdrew 869 MKR (1.27 million USD) from Binance 19 hours ago and currently holds 3,549 MKR (5.17 million USD). The new wallet "0x6b" withdrew 1,001 MKR (1.46 million USD) from Binance 20 hours ago. The address 0xB4 withdrew 300 MKR (437,000 USD) from OKX 11 hours ago and currently holds 800 MKR (1.17 million USD).