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Arkham Intelligence Token (ARKM) to be Listed on Binance with Participation of Market Makers GSR and Wintermute

The ARKM token from Arkham Intelligence will be listed on Binance today at 12 PM UTC, with market makers GSR Markets and Wintermute participating. To prepare for the listing, 50 million ARKM tokens were deposited directly to Binance, providing liquidity. GSR Markets received 20 million tokens, with 4.5 million sent to Binance and 2 million sent to Bybit, while Wintermute received 15 million tokens. Additionally, 30 million ARKM tokens were transferred to the Airdrop contract, potentially indicating a future distribution to holders or participants in the ARKM ecosystem.

Crypto Traders Show Pessimism in Binance's BNB Amid Regulatory Turmoil

Crypto traders are expressing pessimism towards Binance's native coin BNB in the derivatives market due to regulatory turmoil. The open interest-weighted funding rate for BNB turned negative, indicating that traders betting on a price decline are willing to pay those waiting on gains to keep their bearish positions open.

Binance Will Support the Harmony (ONE) and IoTeX (IOTX) Network Upgrades & Hard Forks

Binance will support the Harmony (ONE) and IoTeX (IOTX) network upgrades and hard forks.

Binance Completes the Arkham Subscription Launchpad and Will Open Trading for ARKM

According to Binance official, Binance will list Arkham (ARKM) in the innovation zone and open trading for ARKM/BTC, ARKM/USDT, ARKM/TUSD, ARKM/BNB and ARKM/TRY trading pairs at 2023-07-18 12:00 (UTC).

Binance Adds WBETH/USDT Trading Pair

According to official, Binance will open trading for the WBETH/USDT trading pair at 2023-07-19 06:00 (UTC).

A Whale Withdraws 4 Million (~$5.28 Million) ARB From Binance

According to Lookonchain, about 7 hours ago, a giant whale withdrew 4 million ARB (worth about $5.28 million) from Binance to a wallet with an address starting with '0x695'.

Binance Terminates Partnership With Argentine Soccer Association Over Breach of Contract

Binance has ended its partnership with the Argentine soccer association after just one year, citing a breach of contract. The company stated that the AFA had not fully complied with its contractual obligations, which goes against their business values and partnership principles.

Binance CEO Confirms Layoffs, Denies Media Reports of Over 1,000 Employees Being Let Go

Binance CEO Changpeng Zhao has confirmed that the exchange is laying off staff, but denies that the numbers reported in the media are accurate. In a tweet, Zhao stated that involuntary terminations are a common occurrence in every company.

Binance to Support Terra (LUNA) Phoenix Upgrade

Binance, the world's largest cryptocurrency exchange, has announced its support for the Terra (LUNA) Phoenix v2.4 software upgrade. The upgrade is expected to take place on July 18 at 13:00 UTC and Binance will suspend LUNA deposits and withdrawals an hour before the upgrade.

Binance to Resume the Market Order Function for All Spot and Margin Trading Pairs

Binance will resume the “Market Order - Total” feature for the impacted Spot and Margin trading pairs at 2023-07-19 02:00 (UTC). The feature was suspended at 2023-05-07 09:00 (UTC).