The market shows BNB has fallen below $600, currently trading at $599.9, with a daily decline of 1.12%. The market is fluctuating greatly, please be prepared for risk control.

Blockchain analyst @ai_9684xtpa has monitored that a whale address that previously accumulated ETHFI has deposited 350,000 ETHFI worth $2.38 million to Binance five minutes ago. If all of it is sold, a profit of $200,000 will be made. The remaining 490,000 ETHFI of the address has been transferred to address 0x056...Fabf8, with an average cost of $6.23 and a current profit of $270,000.

According to Spot on Chain monitoring, the second largest non-CEX AGIX holding address starting with 0x900 withdrew 1.21 million AGIX (approximately $1.63 million) from Binance 6 hours ago. It is worth noting that the whale currently holds 10.21 million AGIX (approximately $13.8 million), of which 8 million AGI (old version of AGIX) were withdrawn from Binance in October 2020 at a price of only about $0.041 (a total of about $330,000).

Binance announced its membership in the Global Travel Rule (GTR) Alliance. The alliance is a global community of virtual asset service providers using the same solution to comply with an important international anti-money laundering rule. Binance stated that joining the GTR Alliance will ensure higher levels of data security and regulatory compliance. This strategic move aims to keep Binance in line with Recommendation 16 of the Financial Action Task Force (FATF), a reporting requirement also known as the "Travel Rule" that has been implemented in multiple countries and will become a universal standard in the coming years.

According to reports from local media, the Philippine Securities and Exchange Commission (SEC) will continue to block the country's cryptocurrency trading platform, Binance. The regulator stated that its application submitted to the Philippine National Telecommunications Commission (NTC) has been approved, and the commission has requested the cancellation of local access to Binance's main website and other related platforms. In a letter to the NTC, Emilio Aquino, the chairman of the Philippine SEC, stated that Binance is "a threat to the safety of Philippine investment funds". Binance has been providing cryptocurrency savings accounts and leveraged trading products in the country without the necessary permission. Although the total number of Binance users in the Philippines is still unknown, the cryptocurrency news publication Coin Journal estimates that as of February last year, there were 7 million cryptocurrency owners in the Philippines, accounting for approximately 6.1% of the total population.

According to official sources, the BNB Chain ecosystem added new projects during the week of March 16 to March 22, including:

Floki hopes to expand beyond memecoin status by introducing debit cards, digital accounts and educational platforms for users.

According to an official announcement, Binance Spot API will undergo online upgrades for WebSocket API on March 20, 2024 (UTC time). During the upgrade process, users can continue to use WebSocket API and complete various operations. During the upgrade process, users' WebSocket connections may be interrupted before the 24-hour connection deadline. If this happens, users can reconnect to WebSocket API to resume normal operation. Note: This upgrade will not affect spot trading; After the upgrade is completed, the 24-hour connection deadline function will return to normal; After the upgrade is completed, Binance will update this announcement.

The Chamber of Digital Commerce believes that Gambaryan’s detention is arbitrary, without due process, and presents a significant challenge to international law norms and diplomatic relations.

Binance has announced that the wealth management, flash exchange trading platform, and leverage platform have launched BOOK OF MEME (BOME). In addition, Binance will launch BOME on the investment platform on March 19, 2024 at 11:00 (GMT+8).

Binance will list Book of Meme (BOME) on March 16, 2024 at 20:30 (GMT+8), and open the following spot trading pairs: BOME/BTC, BOME/USDT, BOME/FDUSD, BOME/TRY. BOME deposit is now available, and BOME withdrawal is expected to open on March 17, 2024 at 20:30 (GMT+8).

According to an official announcement, Binance announced that it will launch the BOME1-50x U-based perpetual contract on March 16, 2024 at 20:30 (GMT+8).

Binance has tightened its requirements for listing new digital tokens and increased efforts to protect investors on its platform. Sources said that cryptocurrency projects seeking to list tokens on Binance must now agree to a longer so-called "Cliff period" during which tokens cannot be sold, set more tokens for market makers, and pay a deposit. Sources said that these changes have been effective since the end of last year.

BNB Chain has announced the 12 selected projects for the Q1 2024 hackathon. They will participate in the online Demo Day on March 18th. The projects include: Ai-social.bnb, AICell, DePIN Raspi Connect, DevCoin: Network of Code, Gameland, Greenfield Indexer, GreenWim, LocknPull, MoveFlow, PlayMask, receive.me-SocialFi gateway, and Sograph.

BNB Chain has launched a Rollup as a Service (RaaS) solution to support the extension of custom L2 networks within its ecosystem. RaaS will provide infrastructure for dapp projects to build cost-effective dedicated aggregators on the Binance Smart Chain (BSC), including no-code deployment options. According to DeFiLlama's data, BSC is the third largest blockchain by locked total value, with a TVL of $6.1 billion, while Ethereum is $56.7 billion and Tron is $10.5 billion.

The Financial Times reported that Nigeria is requesting that Binance provide information on the top 100 users in the country and all transaction histories for the past six months. This request comes as Nigeria's detention of Binance's compliance officer and regional manager for Africa enters its third week. Binance's Tigran Gambaryan and Nadeem Anjarwalla were invited by the Nigerian government to arrive in Abuja on February 25 and were forced to be detained in a "hotel" operated by the Nigerian National Security Agency.

The market shows that BNB has broken through $540 and is now trading at $543, with a daily increase of 4.91%. The market is volatile, so please be prepared for risk control.

According to the on-chain data tracking service Whale Alert, around 4:40 pm Beijing time on March 12th, 19,749,927 XRP were transferred from Binance to an unknown wallet, worth $13,617,747.

BNB Chain announced the Feynman upgrade was conducted on the BSC testnet at 14:00 on March 11. BNB Chain stated that this upgrade is a core component of BNBChain Fusion, aimed at merging Beacon Chain functionality into the BNB smart chain (BSC). The Feynman upgrade introduces BEP-294, BEP-297, and BEP-299, marking progress in voting rights, governance functions, and token migration mechanisms.

ChainCatcher news, Binance-BNB/USDT is currently priced at $500.00 with a 24-hour increase of 2.23%.