Data: Number of MKR in CEX Wallets Reaches Highest Level Since September 3
Data from Coinglass shows that in the past 24 hours, the amount of MKR held in wallets controlled by centralized exchanges (CEX) has increased by 5%, reaching 71,190 MKR (US$106 million), bringing the total balance of MKR on exchanges to its highest level since September 3.
Gnosis Wallet Deposited 202,800 BICO to Binance in the Past 2 Days
Monitoring data from The Data Nerd shows that Gnosis Safe Wallet 0x619 has deposited 202,800 BICO coins (worth $41,900) to Binance through Amber Group in the past two days. This wallet received a total of 4.38 million BICO coins (worth $1.51 million) three months ago. BICO has just been listed on Binance Futures and has quickly risen by 29%.
Binance Will Launch BICO 1–10 Times U-standard Perpetual Contract
Binance announced that it will launch BICO 1-10x perpetual contracts settled in USDT on September 28, 2023 at 20:30 (GMT+8).
Kraken plans to enter U.S. listed stock and ETF trading market in 2024
Citing sources familiar with the matter, cryptocurrency exchange platform Kraken plans to launch trading services for US-listed stocks and exchange-traded funds (ETFs) in 2024. This marks the first time that Kraken, which has a 12-year history, has ventured beyond its cryptocurrency business.
The new service will be provided through its newly established department, Kraken Securities, and will initially be launched in the United States and the United Kingdom. Currently, Kraken has obtained the necessary regulatory licenses in the UK and has applied for broker-dealer licenses with financial industry regulators in the United States.
Binance Loses Market Share to Global Rivals Amid Regulatory Pressure
Binance, the world's largest cryptocurrency exchange, has seen a decline in market share this year, dropping from 75% at the end of 2021 to under 51% in September 2022. This decline comes as Binance faces regulatory hurdles, including lawsuits from the SEC and CFTC in the US and an investigation in France. Other global rivals, such as Huobi and Upbit, have gained traction and market share as Binance's share has declined. Trading volumes across all exchanges have also decreased, with investors and traders increasingly seeking out licensed exchanges or decentralized trading venues.
A Whale Has Transferred a Total of 7 Million FRONT to Binance in the Past 8 Days, Worth Approximately US$3.08 Million
According to Lookonchain monitoring on September 27th, a whale accumulated 7 million FRONT tokens (worth about $1.33 million at the time) in January. After holding for about 8 months, the whale transferred 7 million FRONT tokens (worth about $3.08 million) to Binance in the past 8 days at an average price of $0.44, making a profit of about $1.75 million.
10,682,836 MATIC Transferred From Unknown Wallet to Binance
According to data, at 04:42 today Beijing time, 10,682,836 MATIC (worth about $5,507,079) was transferred from an unknown wallet to Binance.
Coinbase Director: Binance Destroyed Approximately $524 Million in BETH
September 27th, Coinbase executive Conor Grogan posted on social media that Binance destroyed about $524 million worth of BETH after it announced the creation of over $500 million worth of WBETH on its trading platform last weekend.
Kraken Receives EU E-Money License and VASP Registration in Spain, Expands Fiat Services in Europe
Kraken has been granted an e-money institution license by the Central Bank of Ireland and a virtual assets service provider registration from the Bank of Spain. This will allow Kraken to expand its EUR fiat services with European bank partners and offer exchange and custodial wallet services to Spanish residents. Kraken's vice president of global operations, Curtis Ting, expressed gratitude for the constructive approach to regulating industry growth set by the Central Bank of Ireland and the Bank of Spain. Kraken also launched its NFT marketplace in June and believes clear and effective regulation is essential for the mainstream adoption of cryptocurrencies.
Gemini: Plans to Increase Employees in India From 70 to More Than 150 in the Next Two Years
Cryptocurrency exchange "Gemini" claimed on social media that India is a leading center for entrepreneurship and technological development. In the next two years, we plan to double the number of employees in our Gurugram office, from 70 to over 150 people.
