Binance

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 that he hoped that BNB Chain would remain decentralized, and he usually focused on dealing with CEX, and would also pay attention to BNB ecology in the future when he had enough time. Interpretation of this information: In an “Ask Me Anything” session on March 8, CZ, the founder of Binance, was asked about the reasons why he did…

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, CVP, HFT, SSV and DOGE. The total value of the 24 asset reserves shown now exceeds 63 billion dollars. Interpretation of this information: Binance, one of the world’s leading cryptocurrency exchanges, announced on March 7 that it had upgraded its reserve certification system and added 11 new tokens to its list. This move is significant for crypto enthusiasts and traders as it increases the total…

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 ranks 7th, with USDT (26.67%), BTC (18.87%), ETH (11.69%), BUSD (11.1%), USDC (8.94%) and BNB (4.78%) in the top 6. Interpretation of this information: The message above discusses the asset reserves of Binance, a prominent cryptocurrency exchange platform. According to Nansen data, TUSD, or TrueUSD, which is a stablecoin pegged to the US dollar, has reached $1.029 billion in asset reserves, accounting for 1.72%…

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 ranks 7th, with USDT (26.67%), BTC (18.87%), ETH (11.69%), BUSD (11.1%), USDC (8.94%) and BNB (4.78%) in the top 6. Interpretation of this information: Binance, one of the world’s largest cryptocurrency exchanges, has added another stablecoin to its asset reserves, pushing the total amount of stablecoins in its reserves to over $1 billion. According to Nansen data, TUSD, the stablecoin backed by the U.S….

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. Gopax submits the change report of the virtual asset operator to the Financial Intelligence Unit (FIU) of the Korea Financial Services Commission. The report pointed out that if FIU accepted the change report, it would be the first time that the global currency market trading platform entered the Korean market through the Korean won trading platform. According to the specific financial information law,…

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 has invested more than US $2 million to support women in more than 10 countries around the world and will increase its efforts in the next year. Interpretation of this information: The message from Binance on March 6 is an announcement regarding their commitment to increase the number of active and employed women in the field of Web3. Binance, a cryptocurrency exchange platform, has recognized…

On March 1, CZ said in its response to the data analysis on its social platform that “in the past seven days, Binance has minted TUSD with a value of 130 million US dollars, and the circulation supply has exceeded 1.1 billion US dollars, ranking fifth among stable currencies”, so that more stable currencies can flourish. Interpretation of this information: Binance’s Contribution to Stable Currency CZ, the CEO of Binance, made a statement on March 1st about the company’s recent actions in relation to stable currencies. According to CZ, in…

On March 1, Binance announced its investment in the newly established encryption risk fund Nomad Capital. Nomad aims to provide value for its portfolio projects in various ways, including product consulting, business development, token design, talent acquisition and token release strategy. Interpretation of this information: Binance, one of the most popular cryptocurrency exchanges, recently made an announcement about its investment in Nomad Capital, a newly established encryption risk fund. The goal of Nomad Capital is to add value to its portfolio projects through a variety of means, including product consulting,…

According to reports, Binance denied the report that it was considering the establishment of a new cryptocurrency exchange in South Korea with Li Xionglie, honorary president of Kolon, South Korea. Binance said that last year we discussed with Kolon the development of the Korean blockchain industry and the implementation of the charity industry, but we have not discussed the establishment of a new exchange. Interpretation of this information: The news of Binance planning to establish a new cryptocurrency exchange in South Korea with Li Xionglie, honorary president of Kolon, South…

It is reported that CZ, the chief executive of Binance, said on social media that many of Forbes’ accusatory questions are negative and deliberately distort the facts. They mentioned some old blockchain transactions completed by our customers. They do not seem to understand the basic knowledge of the operation of the exchange. Our users can freely extract assets at any time. Their withdrawal turned into “hundreds of millions of transferred collateral”. Interpretation of this information: Recently, CZ, the CEO of Binance spoke out on social media regarding the allegations made…

According to reports, Andrew T, an analyst at Nansen, said on the social platform that more than US $6 billion of BUSD has been destroyed in the past 30 days, which is equivalent to the top 20 cryptocurrency in market value. At present, there are still US $11 billion of BUSD in circulation, of which about US $9.7 billion is deposited in Binance. Interpretation of this information: The recent report reveals that the stable coin, BUSD, has lost over $6 billion in the past 30 days. This loss is equivalent…

It is reported that, according to Lookonchain data, a giant whale has transferred all its 29 million ANKRs to Binance one hour ago, about 1.22 million dollars. Interpretation of this information: The cryptocurrency world is all about volatility and the recent transfer of 29 million ANKRs worth $1.22 million has brought about a flurry of speculation amongst investors. The blockchain data suggests that a major crypto whale has transferred a massive stake of ANKRs to Binance, one of the largest cryptocurrency exchanges in terms of volume. The transfer of such…

12:00-21:00 Key words: UK, Sei Labs, Voyager, Binance Interpretation of this information: The message seems to be referencing a specific event or announcement that will occur between the hours of 12:00 PM and 9:00 PM, although the time zone is uncertain. The first keyword, UK, suggests that it may pertain to something happening in the United Kingdom. However, without additional context, it is difficult to determine the exact nature of the event. The second keyword, Sei Labs, is a bit more informative. Sei Labs is likely referring to Sei Innovation…

It is reported that Platypus, the DeFi agreement, said in a blog post that it would repay users at least 63% of the funds after successfully recovering part of the $9 million stolen from the agreement last week. The agreement also cooperates with Binance, the cryptocurrency exchange, to confirm the identity of the hacker. The hacker used a Binance account that passed the KYC check to make a withdrawal request. Platypus said that it contacted the law enforcement department and filed a complaint in France. Interpretation of this information: Platypus,…

On February 24, according to Whale Alert data, 92170 ETHs (valued at $150939479) were transferred from unknown wallets to Binance. Interpretation of this information: The message reveals that a large transfer of Ethereum (ETH) was made from unknown wallets to Binance, a prominent cryptocurrency exchange, on February 24th. Whale Alert, a popular cryptocurrency transaction tracking tool, detected the transfer of 92170 ETHs, which are currently valued at $150,939,479. The transfer of such a significant amount of ETHs raises questions about the identity of the sender and the purpose of the…

It is reported that the trading premium of BTC futures on the Chicago Mercantile Exchange (CME) is higher than that of Binance. The data shows that the trading price of three-month Bitcoin futures listed on CME is about 8.7% higher than the basic reference index. The price premium of the currency security on the exchange has jumped to 6.3%, the highest level since January 2022. Interpretation of this information: Bitcoin futures trading has been gaining popularity among cryptocurrency traders, and the trend seems to be expanding. The latest report suggests…

On February 24, Binance said that there were 500 Australian users affected by the closure of contract positions. Binance previously responded to the fact that some Australian users’ contract positions were closed, saying, “This is because some accounts were wrongly classified. The team found that some Australian users were wrongly classified as Wholesale clients in currency security. Interpretation of this information: Binance, one of the world’s largest cryptocurrency exchanges, recently confirmed that about 500 Australian users were impacted by the closure of their contract positions. The announcement came after Binance…

It is reported that Binance is turning to a “semi-automatic” process to manage its issued token reserves. Over the years, the reserves have been mixed with customer funds, and at least one major stable currency, namely the currency security linked to the BUSD, is not always fully supported. Interpretation of this information: Binance, one of the largest cryptocurrency exchanges in the world, is apparently changing the way it manages its issued token reserves. According to reports, Binance will now adopt a “semi-automatic” process for managing these reserves. In the past,…

According to reports, Binance responded to the closure of the contract position of Australian users, saying that this was due to the misclassification of some accounts. The team found that some Australian users were wrongly classified as Wholesale clients on Binance. According to Australian regulations, we are required to notify these users and immediately close their derivatives positions. We have contacted all affected users and will fully compensate them for the loss of derivatives trading. Interpretation of this information: The closure of contract positions of Australian users has been a…

12:00-21:00 Keywords: India, Binance, Voyager, Messari Interpretation of this information: The message is a brief notice about three companies and their activities in India. The first company mentioned is Binance, a cryptocurrency exchange platform that has been expanding its operations in India, despite regulatory uncertainties in the country. The second is Voyager, a Canadian-based crypto trading platform that recently entered the Indian market through a partnership with a local firm. Lastly, Messari, a data and analytics provider for the crypto industry, launched a new index tracking the performance of Indian…