People familiar with the matter: Binance began to tighten listing requirements for new coins at the end of last year
Binance has tightened its requirements for listing new digital tokens and increased efforts to protect investors on its platform. Sources said that cryptocurrency projects seeking to list tokens on Binance must now agree to a longer so-called "Cliff period" during which tokens cannot be sold, set more tokens for market makers, and pay a deposit. Sources said that these changes have been effective since the end of last year.
Nigeria wants Binance to provide information on the country’s top 100 users and all transaction history for the past six months
The Financial Times reported that Nigeria is requesting that Binance provide information on the top 100 users in the country and all transaction histories for the past six months. This request comes as Nigeria's detention of Binance's compliance officer and regional manager for Africa enters its third week. Binance's Tigran Gambaryan and Nadeem Anjarwalla were invited by the Nigerian government to arrive in Abuja on February 25 and were forced to be detained in a "hotel" operated by the Nigerian National Security Agency.
BNB breaks above $540
The market shows that BNB has broken through $540 and is now trading at $543, with a daily increase of 4.91%. The market is volatile, so please be prepared for risk control.
19,749,927 XRP transferred from Binance to unknown wallet
According to the on-chain data tracking service Whale Alert, around 4:40 pm Beijing time on March 12th, 19,749,927 XRP were transferred from Binance to an unknown wallet, worth $13,617,747.
Binance class-action lawsuit dismissal reversed by appeals court
The United States appeals court declared that the rationale given by the district court for dismissing the lawsuit against crypto exchange Binance was "erroneous."
A certain whale transferred 250,000 RNDR from Binance four hours ago
According to the on-chain analyst @ai_9684xtpa, four hours ago, the RNDR whale with address 0x551...46225 transferred 250,000 RNDR tokens worth 2.54 million US dollars from Binance. The address currently holds a total of 750,000 RNDR tokens (worth 8.09 million US dollars) with an average cost of 7.94 US dollars, resulting in a floating profit of 245,000 US dollars.
The sixth phase of Binance Incubator has ended; investment in 7 projects including Cellula, Derivio, Ethena, and NFPrompt
Binance's risk investment and incubation department, Binance Labs, announced the investment in seven best-performing projects in its sixth incubation program, namely Cellula, Derivio, Ethena, NFPrompt, QnA3, Shogun, and UXUY. It is reported that the incubator activity started in December 2023, and hundreds of projects applied to participate in the sixth season, of which 3% were accepted. In addition, Binance also stated that the incubator incubation program for the seventh season will be launched soon.
BNB breaks $450
Binance-BNB/USDT is currently trading at $450.00, with a 24-hour increase of 7.28%.
An address deposited 3.7 million GRT to Binance, equivalent to approximately US$1.2 million.
According to Scopescan monitoring, an address beginning with 0xeed1 deposited 3.7 million GRT (1.2 million US dollars) into Binance. This address had accumulated GRT in September and December of last year, with an average cost of 0.13 US dollars.
The Philippines has begun blocking unlicensed crypto trading websites, but Binance is still accessible
The National Telecommunications Commission (NTC) of the Philippines has started blocking the websites of cryptocurrency companies that offer investment products without necessary permits in the country. The websites of cryptocurrency companies MiTrade and OctaFX are currently inaccessible in the country. Although NTC has started blocking unlicensed cryptocurrency trading platforms, Binance exchange is still accessible in the country.
