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Mastercard and Binance to End Crypto Card Programs in Four Countries

Mastercard and Binance will be discontinuing their four crypto card programs in Argentina, Brazil, Colombia, and Bahrain from September 22. The decision will not affect any other crypto card programs offered by Mastercard. The Binance cards allowed users to make payments in traditional currencies using their cryptocurrency holdings on the exchange. <br>

Binance will update the BTC zero-fee transaction activity on September 7

Binance has announced that it will update its zero fee BTC trading promotion on September 7, 2023 at 08:00 (GMT+8). The new fee structure for BTC/TUSD spot and margin trading pairs is as follows: Taker fees for BTC/TUSD spot and margin trading pairs will be charged based on the user's corresponding VIP level fee rate. However, users can still enjoy zero maker fees for BTC/TUSD spot and margin trading pairs through the TUSD zero maker fee promotion. Starting from September 7, 2023 at 08:00 (GMT+8), the trading volume of BTC/TUSD spot and margin trading pairs will be included in the VIP level calculation and all liquidity provider program statistics. In addition, BNB discounts, referral rebates, and any other fee adjustments will be restored for BTC/TUSD spot and margin trading pairs.

Binance Italy accumulates 385 million euros in cryptocurrencies in a few months

Binance Italy has accumulated €385 million in cryptocurrency over the course of several months. Since its opening in September 2022, it has recorded a trading volume of about €2.4 billion, with revenue exceeding €3 million and marketing expenses of €2.9 million.

Binance Will Stop Spot Grid Trading Services for Some Spot Trading Pairs on August 31

According to an official announcement, Binance will stop providing spot grid trading services for certain spot trading pairs, including API3/BTC, AXS/ETH, BAT/ETH, CHESS/BTC, at 18:00 on August 31, 2023 (GMT+8).

Binance to Support Osmosis (OSMO) Network Upgrade

Binance announced that it will support the Osmosis (OSMO) network upgrade. The specific arrangement is as follows: Binance is expected to suspend the recharge and withdrawal of OSMO tokens at 23:00 on August 23, 2023, and support the network upgrade of Osmosis (OSMO) at the Osmosis block height of 11,126,100 (expected to be at 00:00 on August 24, 2023 in the Eastern Time Zone).

A giant whale borrowed 10 million USDT from AAVE using WstETH as collateral and deposited it into Binance

After the market fell on August 18th, a whale named smartestmoney.eth withdrew 14,776 ETH ($25.44 million) from Binance and exchanged it for WstETH on Lido. Today, it borrowed 10 million USDT from AAVE using WstETH as collateral and deposited it into Binance.

Binance will remove trading pairs such as ALCX/BUSD on August 25, 2023

Binance will remove the following spot trading pairs and cease trading on August 25, 2023 at 11:00 (UTC+8): Spot trading pairs: ALCX/BUSD, FOR/BUSD, LOOM/BUSD, NMR/BUSD, PEOPLE/BUSD, PUNDIX/BUSD, SPELL/BUSD, STORJ/BUSD. Users can still trade the above-mentioned currencies in other available trading pairs on the Binance platform. Binance will terminate trading robot services for the above spot trading pairs, where applicable, on August 25, 2023 at 11:00 (UTC+8). It is strongly recommended that users update and/or cancel their trading robots before the above trading robot services are discontinued to avoid any potential losses.

Arca transferred 1.9 million IMX and 193,000 LDO to Binance

According to on-chain analyst Yu Jin, investment firm Arca transferred 1.9 million IMX (approximately $1.08 million) and 193,000 LDO (approximately $310,000) to Binance 8 hours ago. On March 10th, Arca withdrew 3.4 million IMX from Binance at a price of $0.936 and transferred 1.5 million IMX to Binance when IMX rose to $1.44 on March 20th, expecting a profit of $750,000. In addition, 1.9 million IMX was transferred to Binance 8 hours ago, expecting a loss of $700,000. The overall profit from all transactions is expected to be $50,000.

2 Newly Created Addresses Withdrew 2273 BTC From Binance in the Past 24 Hours

Lookonchain monitoring shows that in the past 24 hours, two newly created addresses have withdrawn 2,273 BTC (worth 59 million USD) from Binance.

An Address Exchanged About 14,200 ETH Into stETH and Deposited It Into Aave, and Lent 10 Million USDT

According to on-chain analyst Yu Jin's monitoring, the smartestmoney.eth address exchanged the ETH purchased since August 17th for stETH 10 hours ago, and then deposited these stETH into Aave to borrow 10 million USDT and transfer it to Binance.