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Youbi Capital Re-Buys 5 Million YGG From Binance 12 Hours Ago

According to SpotOnChain monitoring data, Youbi Capital repurchased 5 million YGG from Binance at a price of $0.337 per coin ($1.69 million) 12 hours ago. Three days ago, the VC deposited 5 million YGG to Binance at a price of $0.564 per coin ($2.82 million) during the surge period. They obtained 14.3 million YGG between August 3, 2022 and May 24, 2023. Youbi currently holds 12.6 million YGG ($4.22 million).

Binance Will Launch the U-Margin BNT Perpetual Contract on August 10, With a Maximum Leverage of 20 Times

On August 9th, Binance's futures trading platform announced that it will launch a U-based BNT perpetual contract with a maximum leverage of 20x at 20:00 on August 10th Beijing time.

Binance to Launch DOGEUSDT Weekly Options

On August 9th, Binance announced that DOGEUSDT perpetual contracts will be launched at 16:00 on August 10th, 2023 (Beijing time). DOGEUSDT perpetual contracts are European-style options contracts. The new DOGEUSDT perpetual contract will be listed every Thursday at 16:00 (Beijing time).

Binance Leveraged Tokens Will Stop ADAUP, ADADOWN Trading and Subscription Services

On August 9th, according to an official announcement, Binance will stop trading and subscription services for the ADAUP/USDT and ADADOWN/USDT leveraged token trading pairs on August 16th, 2023 at 11:00 (GMT+8). After trading stops, all pending orders will be automatically cancelled. Redemption services will still be available and users can still redeem, but the termination time for redemption services will be announced separately.

Binance’s Update on the Progress of XIRTAM’s Asset Recovery: Qualified User Assets Will Be Automatically Returned on September 4

Binance employee (@sisibinance) posted an update on Twitter regarding the progress of asset recovery for XIRTAM, stating that "after evaluation, the 'automatic return' time for all user assets that meet the return conditions is September 4, 2023."

Binance Adds FDUSD as New Borrowable Asset for Cross and Isolated Margins

Binance has added FDUSD as a new borrowable asset for both cross and isolated margin. New cross margin trading pairs include: BTC/FDUSD, ETH/FDUSD, FDUSD/USDT, and YGG/BTC. New isolated margin trading pairs include: BTC/FDUSD, ETH/FDUSD, FDUSD/USDT, and OP/BTC.

Certus One has transferred LDO worth $12.1 million to Binance since July 14

According to Yu Jin monitoring, 4 hours ago, Certus One continued to transfer 1 million LDO (approximately $1.85 million) to Binance. • Since 26 days ago (7/14), Certus One has accumulated a total of 6,517,487 LDO (approximately $12.1 million) transferred to Binance; • The possible average selling price of LDO transferred to Binance by Certus One is $2.05; • Certus One currently holds 3,482,513 LDO (approximately $6.47 million).

Binance becomes first licensed crypto platform in El Salvador

Binance has become the first licensed cryptocurrency exchange in El Salvador after receiving two licenses from the country's authorities. The Central Bank of El Salvador has licensed Binance as a Bitcoin Services Provider (BSP), while the National Commission of Digital Assets has approved it as the first non-provisional Digital Assets Services Provider license (DASP). Binance's general manager for Colombia, Central America, and the Caribbean, Daniel Acosta, said the license allows the exchange to expand its products and services in the crypto-friendly country and collaborate closely with government authorities to support the adoption of crypto assets. Despite El Salvador's positive posture towards crypto, BTC adoption remains low as citizens question the cryptocurrency's benefits.

Scopescan: 6 addresses transferred 6.3 million DODO unlocked yesterday to Binance platform

 on August 8th, BlockBeats reported that 6 addresses received unlocked 6.3 million DODO tokens (valued at approximately $1.01 million USD) yesterday, and subsequently transferred them to the Binance platform. Market information shows that DODO began to rise from around $0.1 USD yesterday, and as of the time of publication, DODO is priced at $0.15 USD, an increase of approximately 50%.

Binance will adjust the leverage and margin level of DODOBUSD perpetual contract at 19:30 today

On August 8th, according to an official announcement, Binance's contract trading platform will adjust the leverage and margin levels of the DODOBUSD perpetual contract at 19:30. Positions opened before the update will be affected. It is strongly recommended that users adjust their positions and leverage before the adjustment to avoid any potential liquidation risks.