According to Lookonchain monitoring, three wallets deposited a total of 422,129 LINK (3.08 million USD) into Binance today. Wallet "0x009D" is very good at buying LINK at low prices and selling at high prices. This wallet deposited 122,129 LINK (891,000 USD) into Binance 10 hours ago. Wallets "0x5e85" and "0xFfAa" seem to belong to the same institution and accumulated LINK during the July price increase. Eight hours ago, they deposited 300,000 LINK (2.19 million USD) into Binance.

Hong Kong police pointed out on the "Guardian Network" social platform that recently there have been scammers who impersonate Binance, the world's largest cryptocurrency exchange, and send phishing text messages. If users click on the text messages, scammers can steal their Binance accounts and transfer the assets in the accounts. The police stated that in the past two weeks, they have received 11 cases of virtual assets in Binance accounts being transferred, involving a total of 3.5 million yuan.

Binance, a cryptocurrency exchange, has launched a copy trading feature for its futures products in select markets. This feature allows users to follow and replicate the trading strategies and portfolios of experienced traders, creating a more interactive and educational environment within the trading community.

Binance.US and its CEO, Changpeng Zhao, are facing a collective lawsuit in the Northern California District Court. The suit accuses the cryptocurrency exchange of unfair competition and attempts to monopolize the market, specifically by undermining its rival, FTX.

September 28th, Binance announced that Paysafe Payment Solutions Limited (Paysafe) has unilaterally decided to stop processing Euro deposits for Binance users and advises Paysafe users to take appropriate action in advance. Paysafe users can convert their Euro balance in their Binance account to USDT before 8:00 on October 31, 2023.

Binance, the world's largest cryptocurrency exchange, has seen a decline in market share this year, dropping from 75% at the end of 2021 to under 51% in September 2022. This decline comes as Binance faces regulatory hurdles, including lawsuits from the SEC and CFTC in the US and an investigation in France. Other global rivals, such as Huobi and Upbit, have gained traction and market share as Binance's share has declined. Trading volumes across all exchanges have also decreased, with investors and traders increasingly seeking out licensed exchanges or decentralized trading venues.

According to data, at 04:42 today Beijing time, 10,682,836 MATIC (worth about $5,507,079) was transferred from an unknown wallet to Binance.

September 27th, Coinbase executive Conor Grogan posted on social media that Binance destroyed about $524 million worth of BETH after it announced the creation of over $500 million worth of WBETH on its trading platform last weekend.

DefiLlama data, Binance's total locked value (TVL) for Ethereum in their liquidity pool has reached $1.2 billion. In April of this year, Binance launched an upgraded version of BETH called WBETH, which is a liquidity staking derivative that allows investors to use tokens to lend and borrow on decentralized finance (DeFi) protocols outside of Binance, while also earning staking rewards. When users stake ETH by locking it in Binance, they receive derivative tokens that represent their staked assets. According to 21Shares' Dune dashboard, Binance has 1.2 million staked ETH, making them one of the largest participants in the Ethereum staking network, second only to Lido Finance and Coinbase.

Over the weekend, Binance's liquid staking ether experienced a sudden influx of $500 million, bringing its total locked value to $1.2 billion. This was due to the minting of 318,180 wrapped Binance ETH derivative tokens, worth $502 million, in five $100 million installments. These tokens were then sent to a cold wallet labeled as "Binance 8". This movement was part of Binance's plan to gradually convert the original Binance-issued staked ether (BETH) tokens to WBETH, an upgraded version of BETH that allows investors to use the tokens for borrowing and lending on decentralized finance protocols.