SEI’s 24-Hour Turnover on Upbit Exceeded $400 Million, Accounting for 25.69% of the Platform’s Total Turnover
According to Coingecko data on August 16th, the SEI/KRW trading pair on Upbit had a trading volume of over 400 million US dollars in 24 hours, which is nearly four times the trading volume of the BTC/KRW trading pair (121 million US dollars) and accounts for 25.69% of the platform's total trading volume in 24 hours, making it the most active trading pair on the platform.
SEI Breaks $0.5 on Korean Crypto Exchange, Roughly Double Its Price on Binance
On August 16th, CoinGecko data shows significant price differences for Sei (SEI) on multiple cryptocurrency exchanges. The highest prices are on the Korean exchanges Upbit and Bithumb, which are approximately $0.54 and $0.5 respectively. The prices on Bitfinex, Coinbase, and Kraken are about $0.44, $0.42, and $0.4 respectively. The price on Binance is approximately $0.23.
0x74c Deposited a Total of 60 Million USDC To Circle in the Past 7 Days
Lookonchain monitoring shows that 0x74c...441 deposited a total of 60 million USDC into Circle in the past 7 days. Among them, 47.4 million USDC was withdrawn from Binance.
Binance Margin Will Delist EPX/BUSD, GAL/BUSD, GMX/BUSD and Other Cross-Margin and Isolated Margin Trading Pairs
According to an official announcement on August 16th, Binance leverage will remove EPX/BUSD, GAL/BUSD, GMX/BUSD, HIVE/BUSD, KLAY/BUSD, RAD/BUSD, TVK/BUSD full-position leverage and isolated margin trading pairs on August 24th, 2023 at 14:00 (GMT+8).
Certus One Transferred 980,000 LDOs to Binance, and All 10 Million LDOs It Held Were Sold
As monitored by blockchain analyst Yu Jin, 7 hours ago Certus One transferred 980,000 LDO (worth 1.72 million US dollars) to Binance.
So far, all of Certus One's 10 million LDO have been transferred to Binance within 32 days (from July 14th to August 16th). The possible average selling price is $2.03.
Binance Connect will shut down on August 16
Cointelegraph has confirmed via an email from a Binance spokesperson that Binance Connect, the regulated cryptocurrency trading and selling department of Binance, will be closed on August 16. On the same day, decentralized BNB Chain exchange Biswap tweeted that Binance "made a difficult decision to disable Binance Connect on August 15 due to the closure of the supported card payment service by its provider." <br>
Binance Instant Exchange Trading Platform Launches New Assets of SEI and CYBER
Binance announced that SEI and CYBER have been added to the Binance Instant Exchange platform. Users can now trade SEI and CYBER with BTC, USDT, and other tokens supported by the Instant Exchange platform at zero cost.
Binance Will Delist SNM/BUSD, SRM/BUSD, YFII/USDT and Other Spot Trading Pairs
On August 15th, according to official sources, Binance will delist and cease trading for SNM/BTC, SNM/BUSD, SRM/BUSD, and YFII/USDT spot trading pairs at 11:00 on August 22nd Beijing time. Trading robot services (if applicable) for the aforementioned spot trading pairs will also be terminated simultaneously.
Binance C2C Platform Adds Support for FDUSD
On August 15th, according to an official announcement, Binance's C2C platform now supports FDUSD. Users can purchase and sell FDUSD through any corresponding fiat trading pair on Binance's C2C platform.
Binance Applies for Court Protection Order in SEC's 'Forensic Phishing' Investigation
Binance has obtained a court order to protect itself from the investigation application by the US Securities and Exchange Commission (SEC).Binance stated that it filed a motion for a protective order after receiving a subpoena and request for evidence from the SEC. Binance claims to have always cooperated with integrity, but the SEC is attempting to investigate its asset custody business without limitations.
