A New Address Withdraws 1,363,630 LDO From Binance
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.
Binance Will Launch LOOM 1–10x U-margined Perpetual Contract
Official announcement, Binance will launch LOOM 1-10x U perpetual contract on October 11th at 22:30 (GMT+8).
Binance’s Spot CEX Market Share in September Was 41.7%, Down 3.72% From August
October 11th, the September spot trading volume of CEX was 311.93 billion US dollars, among which Binance's spot trading volume was 130.13 billion US dollars, with a market share of about 41.7%. This data decreased by 3.72 percentage points from August's 45.42%.
Binance Adds FDUSD and TUSD Trading Pairs for Some Currencies
October 11th, Binance will launch trading pairs for ADA/FDUSD, FIL/FDUSD, FRONT/TUSD, LEVER/TRY, LTC/FDUSD, RUNE/TUSD, and TRB/TRY (TRY is a legal currency code, not a digital currency code) on October 12th at 16:00 (GMT+8).
FalconX Withdrew a Total of 5.25 Million LDO From Binance in the Past 3 Days
Look on Chain monitoring shows that FalconX seems to be accumulating LDO. In the past three days, FalconX has withdrawn 5.25 million LDO (approximately $8.13 million) from Binance and currently holds 7.01 million LDO (approximately $10.94 million).
4 Addresses Transferred 600,000 LINK to Binance 9 Hours Ago
According to Look on Chain data, on October 11th, four addresses (or belonging to the same person) transferred a total of 600,000 LINK (approximately 4.35 million US dollars) to Binance 9 hours ago.
Brazilian Congressional Committee recommends prosecution of Changpeng Zhao and other Binance executives
Bloomberg reported that the Brazilian Congressional Committee has recommended the prosecution of four senior leaders of Binance, including its founder and CEO Zhao Changpeng. The committee accused Zhao and three local Binance executives of fraudulent management, issuing or trading securities without prior authorization, and operating financial institutions without authorization. Legislators also recommended that the Brazilian Securities Regulatory Agency (CVM) investigate Binance's derivatives sales behavior after receiving a cease and desist order. The committee stated in its final report that these ongoing transactions "repeatedly violate securities market rules." <br>
6 Wallet Holders Accumulated 327,751 LINK From Binance in the Past Hour
Spot On Chain monitoring shows that in the past hour, 6 wallet holders accumulated 327,751 LINK tokens (approximately $2.4 million) from Binance. It is worth noting that each of these addresses currently holds more than 800,000 LINK tokens and has not conducted any token transactions other than accumulating LINK.
Bloomberg: Binance’s $1 Billion “Industry Recovery Plan” Deploys Less Than $30 Million
After FTX crashed in November last year, Binance issued a Web3 industry recovery initiative (IRI) and publicly announced a wallet address with 1 billion BUSD. However, wallet analysis to date shows that the project has deployed less than $30 million since its launch. Only one of the nine designated participants has invested all of its committed funds. As part of the plan, Binance's only publicly disclosed investment was the purchase of a majority stake in South Korean cryptocurrency exchange GOPAX for $15 million announced in February.
A Certain Whale Accumulated $4.2 Million in LINK After Today’s LINK Drop
According to LookonChain, the institutional investor who created 81 new wallet addresses on September 15 to hoard LINK has accumulated an additional 575,632 LINK (worth approximately $4.2 million) after the recent decline in LINK price.Since September 19, the same institution has accumulated a total of 7.66 million LINK (worth approximately $56 million) from Binance.