Binance
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CZ’s Warning on Bank Risks to Stablecoins
On March 12, CZ, the founder of Binance, said on the social platform that the bank is a risk for the stable currency supported by the legal currency. In response to netizens’ comments that we need crypto support, we replied that Do Kwon was actually right, but failed miserably in implementation. CZ: Bank’s risk to stable currency supported by legal currency Analysis based on this information:CZ, the founder of Binance, made a significant statement on March 12, asserting that banks pose a significant risk to stablecoins that are backed by legal currencies. His comments came in response to netizens’ comments that crypto support is necessary to maintain the stability of such coins. CZ concurred with the idea, but stressed that the failed implementation of such support had created stumbling blocks. The statement by CZ is crucial in the current climate of cryptocurrency, where stablecoins have become increasingly popular. Stablecoins are digital currencies that are pegged to the value of real-world…
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Binance Insists No Risk Exposure to SVB Bank
According to reports, Binance, the cryptocurrency exchange, said that it had no risk exposure to SVB Bank and the funds were safe.
Binance: There is no risk exp -
Binance Offers New Spot Trading Pairs and Halts BUSD Automatic Exchange Service
On March 11, according to the latest announcement, Binance announced that it would open BNB/TUSD, BTC/TUSD, ETH/TUSD, TUSD/USDT, USDC/USDT and USDP/USDT spot tr
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Binance Suspends Automatic Conversion from USDC to BUSD due to Market Situation
On March 11, Binance said in a message on social media that due to the current market situation, the massive inflow of USDC assets increased the burden of autom
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Binance Temporarily Closes USDC Automatic Conversion BUSD Function
On March 11, according to the Binance platform, the USDC automatic conversion BUSD function has been temporarily closed. According to the asset certificate of B
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Aave DAO Members Overwhelmingly Support Cancelling Binance’s BUSD Loan
It is reported that members of the Aave Decentralized Autonomous Organization (DAO) supported the cancellation of the loan of Binance\’s BUSD stable currency wit
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Justin Sun Engages in Crypto Transactions on Binance and Uniswap V2
On March 10, according to PeckShield Alert monitoring data, Sun Yuchen transferred about 14 million TRX to Binance in BNB Chain within the past 48 hours. The re
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Large Bitcoin Transfer from Binance Raises Concerns
It is reported that 999 BTCs were transferred from Binance to unknown wallet at 07:39 today, with a value of 20355933 dollars.
999 BTCs transferred from Binance -
Stepnofficial unlocks GMT worth $20.6 million for VC, Consultants and Teams
It is reported that according to the monitoring data of Lookonchain, @ Stepnofficial officially unlocked 61.2 million GMTs (worth about 20.6 million US dollars)
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Binance to Launch LQTY Perpetual Contract
According to the official news, Binance will launch LQTY 1-20 times U-standard perpetual contract at 20:00 on March 10, 2023.
Binance will launch LQTY 1-20 time -
Cryptocurrency Giants Unfazed by Silvergate’s Liquidation
On March 9, following the announcement by Silvergate, a cryptofriendly bank, earlier today that it plans to end its banking business in an orderly manner and vo
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Jump Trading’s Massive Transfer of LDOs to Binance and KuCoin: An Interesting Move
On March 8, according to Lookonchain data, Jump Trading transferred 70000 LDOs (worth about $180000) to Binance and KuCoin in the past two hours. It is reporte…
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CZ’s Thoughts on BNB Chain’s Decentralization
On March 8, CZ, the founder of Binance, said in the AMA that one of the reasons why he did not participate in the research and development of BNB Chain was tha…
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Binance Founder CZ Considers Other Stable Currencies Apart from BUSD
On March 8, CZ, the founder of Binance, said in the AMA that Binance had not obtained any additional benefits from BUSD, and was currently considering stable c…
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Justin Sun moves 49 million USDC to Aave V2 through Binance
It is reported that PeckShieldAlert monitored that the address marked Justin Sun on the chain extracted about 49 million USDCs from Binance and stored them in …
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Binance Upgrades Reserve Certification System and Adds 11 Tokens, Bringing Total Value to 63 Billion Dollars
On March 7, Binance announced that its reserve certification system was upgraded and added another 11 tokens, including MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, C…
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Tether USD (TUSD) sees an increase in Binance’s asset reserves
On March 7, according to Nansen data, TUSD in Binance\’s asset reserves has reached 1.029 billion US dollars, accounting for 1.72% of the total reserves. TUSD r…
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Binance Completes Final Stage for Gopax Acquisition, Enters Korean Market
On March 7, it was reported that Binance had completed the final stage before the acquisition of Gopax, which was to declare to the Korean financial regulator….
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Binance attempts to hire potential SEC Chairman as adviser
According to reports, according to the Wall Street Journal (WSJ), the cryptocurrency trading giant Binance hopes to hire Gary Gensler as an adviser several yea…
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Binance Pushes for Gender Diversity in Web3 with $2 Million Investment
On March 6, Binance promised again to increase the number of active and employed women in Web3. Through the women-centered education and guidance plan, Binance…
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Whale Alert Reports Transfer of 80283424 XLM, Valued at About 6.7 Million US Dollars, from Binance to Binance Withdrawals
According to reports, Whale Alert data showed that 80283424 XLM (valued at about 6791304 US dollars) was transferred from Binance to Binance Withdrawings.
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Justin Sun transfers $3.1 million worth of TRUs to Binance
On March 5, according to Etherscan data, the address marked Justin Sun on the chain transferred 28.8 million TRUs (about $3.1 million) to Binance at 17:39 toda…
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Binance CEO Supports Voyager Transaction Plan with Funds Return, Despite Uncertainty
It is reported that the CEO of Binance, the cryptocurrency trading platform, said on social media that the company still supports the transaction plan with Voy…
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Tether Treasury Moves Funds to Binance
It is reported that 499999990 USDTs (US $500274241) were transferred from the Tether treasury to Binance.
Nearly 500 million USDTs were transferred fro…
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Tether Shifts Chain from Tron to Ethereum ERC20 in Partnership with Binance
On March 4, Tether said that Tether would coordinate with Binance to change the chain from Tron to Ethereum ERC20, involving 1.6 billion USDTs. In this process…
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A Whale Makes a Big Move in the LDO Market
According to the report, Lookonchain monitoring data showed that a whale address purchased 984687 LDOs from DEX with 1806 ETHs (2.83 million US dollars) in the…