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BNB Lending Agreement Venus Protocol: TUSDOLD Market Is Being Phased Out, Users Should Repay Their TUSDOLD Loans As Soon as Possible

June 23 (Cointime) -BNB lending protocol Venus Protocol tweeted that the TUSDOLD market is being phased out. Users should repay their TUSDOLD loans as soon as possible to avoid paying high borrowing interest or being liquidated. Binance now supports the conversion of the new TUSD (BEP20) token to the old TUSD (BEP20) token. Now users can exchange old and new TUSD through Binance.

Anonymous Whales Transfer Nearly 18 Billion SHIB, Triggering Massive Price Drop and Transactions on Binance and OKX

June 23 (Cointime) - According to data from Etherscan, anonymous whales have transferred almost 18 billion Shiba Inu meme coins within the past hour, with some being sent to Binance to be sold. This has caused a sudden drop in the SHIB price, leading some whales to sell their stashes while others buy more on the dip.

Palau's Digital Residency: The Loophole for Accessing Restricted Crypto Platforms

June 23 (Cointime) - Cryptocurrency traders are using Palau's digital residency program to access restricted trading platforms such as Binance, which are banned in the US, Canada, and China due to a lack of operating licenses. Palau's digital residency program provides a digital and physical identity card after undergoing an approval process that includes anti-money laundering checks.

IMF Report Addresses Regulatory Issues and Risks Around Digital Assets, Highlights Crypto Bans Led by Regulators

June 23 (Cointime) - The US SEC is facing criticism for its enforcement actions against major crypto firms and leaders, with some accusing the regulator of not providing clear rules and taking harmful actions against the industry.

Instability Surrounding TrueUSD Raises Questions About Implications for Binance

June 23 (Cointime) - The TrueUSD stablecoin network, which has seen a significant increase in market cap from $750 million to over $3 billion, has been facing questions and concerns about its stability and transparency. This could potentially affect Binance, which continues to offer no-fee trading on TUSD pairs despite the unfolding developments in the TrueUSD ecosystem.

Brazilian Congressman Requests Summoning of Binance Brazil Director for Ongoing Investigation into Financial Pyramids

June 22 (Cointime) - Guilherme Haddad, the Director of Binance Brazil, has been requested to appear before the Brazilian parliament by Congressman Alfredo Gaspar, a member of the Parliamentary Commission of Inquiry (CPI) of the Financial Pyramids. This is part of an ongoing investigation into alleged pyramid schemes operating in Brazil.

Binance Adds WBETH to Binance Convert with Zero Fees

June 22 (Cointime) - Binance has announced the addition of WBETH to its Binance Convert platform, allowing users to trade WBETH against BTC, USDT, and other supported tokens at zero fees. To get started, users can visit the Binance website or mobile app and select Binance Convert from the trade menu. Binance has also provided guides on how to use Binance Convert and how to withdraw from Binance.

Binance Launches New Batch of Cloud Mining Products for BTC Mining

June 22 (Cointime) - Binance has announced the launch of a new batch of Cloud Mining products for BTC mining. Users can now subscribe to purchase hashrates and start earning mining rewards in their Funding Wallets. To complete subscriptions, users must have their accounts verified through the identity verification (KYC) process.

Binance Legal Team Alleges SEC Made "Misleading" Statements in Ongoing Lawsuit

June 21 (Cointime) - Lawyers for Binance, Binance.US, and CEO Changpeng Zhao have filed a motion claiming that the SEC misled the public in statements made about an ongoing securities lawsuit. The legal teams allege that the SEC made "misleading" statements in a press release and filed a motion for the regulator to comply with "applicable rules of conduct". The filing also claims that the SEC's press release was designed to introduce confusion into the marketplace and risks tainting the jury pool with misleading descriptions of the evidence. If approved, the order could prevent the SEC from issuing certain public statements on the Binance lawsuit for the duration of the case.

Binance Teases Second Drop of CR7 NFTs, Reveals Key Stats for First Drop

June 22 (Cointime) - Binance has announced the upcoming release of the next issue of the CR7 NFT collection, as well as providing an update on the success of the first drop. The first drop of the CR7 NFTs, which included SSR and SR NFTs, sold out within 24 hours, while the rare and normal level NFTs were oversubscribed and subsequently sold out instantly. Holders of premium-level NFTs received signed football shirts and a digital meet-and-greet with Cristiano Ronaldo, and Binance promises even more utility in the upcoming second drop.