October 13th, according to an official announcement, Binance will support the aelf (ELF) network upgrade. The aelf network will be upgraded at block height 175,663,892 (expected to be at 18:00 on October 17, 2023 Beijing time). Binance is expected to suspend token deposits and withdrawals for the above network at 17:00 on October 17, 2023 Beijing time. Users can still trade the tokens supported by the above network normally.

SpotOnChain monitoring shows that the third largest holder of BLZ, 0xE8F, deposited the remaining 14.756 million BLZ (worth 1.73 million US dollars) into Binance at a price of 0.117 US dollars 20 minutes ago. If trading occurs, the whale will lose a total of 1.713 million US dollars (-37.2%) from BLZ.

The Securities and Exchange Commission (SEC) and Binance Holdings, Binance.US, and CEO Changpeng “CZ” Zhao have filed a joint status report to the District Court of Columbia, but they are not in agreement on document discovery and depositions. Binance.US and the SEC have confirmed a deposition for October 18, but have failed to reach a conclusion on discovery requests. Binance.US believes the SEC's requests since the September 18 hearing are unreasonable, and that the SEC's approach is inconsistent with the consent order. Binance and CZ have requested the court to dismiss the lawsuit, claiming that the securities regulator is overreaching its authority. A crucial hearing is scheduled for October 12.

According to Spot on Chain monitoring on October 12th, the third largest individual address on the BLZ chain starting with 0xE8F deposited 10 million BLZ (approximately $1.16 million) into Binance 2 hours ago. This whale address accumulated 24.76 million BLZ (approximately $4.61 million) from Binance 15 days ago on September 26th, with an average price of $0.186 per coin. Currently, it still holds 14.76 million BLZ (approximately $1.71 million) and has estimated losses of $1.74 million (-37.7%) from BLZ transactions.

According to an official announcement on October 12th, Binance will support the upgrade and hard fork of the Polygon (MATIC) network. The project team will upgrade and hard fork the network on the Heimdall proof-of-stake (PoS) verification layer block height of the Polygon network at 15,950,759 (expected to be October 13th, 2023, Eastern Time). Binance is expected to suspend token deposit and withdrawal services for the above network at 19:00 on October 13th, 2023, Eastern Time.

According to on-chain analyst Yu Jin's monitoring, on October 12th, BlockBeats reported that on June 8th, Arca withdrew 1.48 million ARB (equivalent to 1.68 million US dollars) from Coinbase at an average price of 1.13 US dollars. Early this morning, Arca transferred all ARB to Binance at an average price of 0.82 US dollars. After holding for 4 months, Arca's ARB investment is expected to incur a loss of 460,000 US dollars (-27%). In addition, the DYDX and GMX that Arca's address still holds are also in a floating loss state.

June 8th, Arca withdrew 1.48 million ARB (1.68 million USD) from Coinbase at a price of 1.13 USD. Three hours ago, Arca transferred all of its ARB to Binance at a price of 0.82 USD. After holding for 4 months, Arca's ARB investment is expected to incur a loss of 460,000 USD (-27%). In addition, the DYDX and GMX held in Arca's address are also currently in a floating loss state.

October 11th, according to an official announcement, Binance will remove ACH/BUSD, ARPA/BUSD, CAKE/BUSD, CELO/BUSD, CHR/BUSD, ENJ/BUSD, GRT/BUSD, GTC/BUSD, HFT/BUSD, HOOK/BUSD, ICP/BUSD, IDEX/BUSD, INJ/BUSD, JASMY/BUSD, LIT/BUSD, LPT/BUSD, MTL/BUSD, PHA/BUSD, PHB/BUSD, PYR/BUSD, ROSE/BUSD, SAND/BUSD, STX/BUSD, WING/BUSD, XMR/BUSD cross-margin and isolated-margin trading pairs on October 19th at 14:00 (GMT+8).

A new address withdrew 1,363,630 LDO (worth $2 million) from Binance at a price of 1.522, as monitored by 0xScopescan. It is worth noting that the address had previously conducted a test transaction and only withdrew 3.93 LDO ($6) from Binance.

Official announcement, Binance will launch LOOM 1-10x U perpetual contract on October 11th at 22:30 (GMT+8).