A Whale with 25,000 ETH made a 100% Win Rate in 18 Days
June 28 (Cointime) -According to the news of on-chain analyst Yu Ashes, a giant whale made a 100% win rate through swing profit. 25000 ETH ($47.25M) bought in the early morning of 6/8-10 was transferred into Binance, and this time he expected to realize a profit of $2.05M. 0:30 ETH went up to $1890 when he transferred 25000 ETH into Binance; 1:00 ETH topped out and fell; 2 At :00 he withdraws $15.9M USDT from Binance.
Sui Foundation Denies Selling Staking Rewards on Binance Exchange
June 27 (Cointime) - The Sui Foundation has denied selling staking rewards or any other tokens from locked and non-circulating staked SUI on Binance or elsewhere. The foundation confirmed that all insider token allocations remain subject to and compliant with their lock ups and other restrictions on transfer.
SEC Files 13 Charges Against Binance for Allowing US Customers To Trade, As Regulatory Pressure Mounts in Europe
June 27 (Cointime) - Binance and its founder, Changpeng Zhao, have been hit with 13 charges by the SEC for allowing US customers to trade on its platform in violation of compliance rules. Despite Binance's attorneys stating that the charges will not affect trading at its US subsidiary or funding from lenders, the situation looks bleak.
Bitcoin Cash Open Interest Surges to Over $400 Million as Network Revives and Plans for Scaling System Emerge
June 27 (Cointime) - Bitcoin Cash's open interest in futures has surged to over $400 million, indicating higher inflows and improved sentiment. This surge in open interest is likely due to the network's revival of activity and value, with BCH prices doubling in the past week. The majority of the trading interest has come from Binance, where traders opened $240 million worth of BCH long or short positions.
Terra Luna Classic Proposes Burning Reminted LUNC Tokens from Binance Community Pool
June 27 (Cointime) - A proposal has been put forward by Terra Luna Classic to burn all LUNC tokens from the community pool that were reminted from Binance's LUNC burn mechanism. The proposal aims to burn 899,224,538.5 LUNC from the community pool, but the community remains divided on the issue.
Binance Will Open Trading for Maverick Protocol (MAV)
June 27 (Cointime) - According to the official announcement, Binance will list Maverick Protocol (MAV) and open trading for MAV/BTC, MAV/USDT, and MAV/TUSD trading pairs at 2023-06-28 08:00 (UTC). Users will enjoy zero maker fees on the MAV/TUSD trading pair until further notice.
New Range Bound Products Launched on Binance
June 27 (Cointime) - Binance has launched a new batch of Range Bound products with updated Price Ranges and Settlement Dates, which users may utilize to potentially earn higher rewards in times of low market volatility.
Court Denies Binance Request To Prevent SEC From Making Misleading Statements
June 26 (Cointime) - The court overseeing the SEC's case against Binance has ruled that there is no need to revise either party's public statements from June 26.
Federal Judge Denies Binance's Request to Rebuke SEC Over Press Release Language in Lawsuit
June 26 (Cointime) - Binance's request for the federal judge presiding over the SEC case against them to rebuke the regulator over language used in a press release has been denied.
Bitcoin's Lightning Network Reaches New All-Time High in Node Capacity and USD Countervalue
June 26 (Cointime) - The Bitcoin Lightning Network has achieved a new all-time high in node capacity, with 5,630 BTC now accommodated. This corresponds to $170 million in USD countervalue, which has been steadily increasing but is still far from the ATH of November 2021. The network's growth is expected to accelerate when Binance integrates the Layer 2 within its platform, allowing for micro BTC transfers even for newbies.
