Binance has renamed its crypto news feed platform, Binance Feed, to Binance Square. The platform was initially created to compete with Twitter and provide users with a better understanding of the crypto market. Binance Square has over 10 million active monthly users and offers a range of trending topics and educational features.

Introduced in January 2023, Binance’s STP functionality is designed to block the execution of an order if it would result in a self-trade.

According to documents filed with the court on October 13, US District Judge Zia M. Faruqui has given Binance, Binance.US, CEO CZ, and the US SEC more time. He has requested that the parties cooperate in providing the necessary document evidence and witness testimony as agreed upon in the previous consent order. Binance, Binance.US, and CEO CZ, as well as the US SEC, submitted a joint status report on Wednesday, but Judge Faruqui was not satisfied with their performance. The plaintiff and defendant failed to reach any conclusion regarding the request for document disclosure. The SEC argued that BAM only provided about 382 documents and refused to provide its position on providing the remaining documents as required by the consent order. Binance.US stated that since the hearing on September 18, the SEC has made more unreasonable demands. Judge Faruqui has requested that the parties submit a joint status report by October 30. Meanwhile, the SEC, Binance, and CZ will meet to discuss these requests. Meanwhile, Paradigm Operations has submitted a friend of the court brief in support of Binance's motion to dismiss the US SEC lawsuit because the SEC lacks regulatory authority over cryptocurrency. Paradigm earlier pointed out errors in the Howey Test used by the SEC in investment contracts and the word "scheme". In addition, it believes that the SEC's definition of "investment contract" applies securities laws to ordinary asset sales. Paradigm believes that Congress must provide a regulatory framework for cryptocurrency to prevent the SEC from forcibly obtaining regulatory power over cryptocurrency assets. 

Local judge Faruqui stated that he does not believe the recent efforts made by plaintiff the U.S. Securities and Exchange Commission (SEC) and defendants Binance Holdings, Binance.US, and CEO CZ to resolve the dispute. The joint status report submitted by both parties indicates that neither party is interested in resolving the disputes related to document discovery and testimony. Meanwhile, Paradigm Operations has submitted a non-party statement in support of Binance's motion to dismiss the SEC lawsuit, citing the lack of authority of the SEC in the cryptocurrency industry.

According to Spot On Chain data monitoring on October 14th, the whale address starting with 0xc1a, which had been dormant for 3 years, began transferring ETH to Binance 16 hours ago. A total of 4,500 ETH has been transferred to Binance at an average price of $1,542. It is worth noting that this address withdrew 11,904 ETH from the Bitfinex platform in June 2020 at an average price of only $243 (total spending of $2.89 million).

The Data Nerd monitoring shows that two hours ago, a wallet address starting with 0x07f (related to the Loom Network team) deposited 7.154 million LOOM (worth $2.03 million) into Binance at a price of $0.283 per token. LOOM has risen by 542% in the past month.

According to an official announcement, Binance will support the exchange of Beefy (BIFI) contracts from BEP20 and BEP2 to ERC20. The specific arrangements are as follows: Binance will suspend BIFI (BEP20 and BEP2) deposit and withdrawal services on October 17 at 7:00 (GMT+8); During the contract exchange period, BIFI spot trading, Binance Earn, and Binance Pay services will not be affected; Old BIFI tokens in Binance user accounts will be exchanged for new BIFI tokens at a 1:1 ratio.

According to an official announcement on October 13th, Binance has added NTRN assets to its leverage trading and opened NTRN full-position and cross-position leverage trading pairs. New full-position leverage trading pair: NTRN/USDT New cross-position leverage trading pair: NTRN/USDT

According to The Data Nerd's monitoring, 13 hours ago, the whale 0x509 withdrew 324 MKR from Binance at a price of $1339. It is worth noting that he seems to be very optimistic about MKR and has accumulated a total of 2070 MKR during the partial decline since last week.

Lookonchain monitoring shows that 4 wallets received 2.48 million BLUR from an airdrop and deposited them into Binance 6 days ago. If sold at that time, they could have earned $430,000. The highest value of 2.48 million BLUR is $3.38 million. If they had sold immediately after receiving the airdrop, they could have earned about $1.7 million.