Binance has completed the token swap and rebranding of Render (RNDR) to Render (RENDER), and has opened up deposit and withdrawal services for the new RENDER token. Binance has opened spot trading for RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL on July 26, 2024 at 16:00 (UTC+8). Binance will use RENDER as the Render code; the tokens have been distributed at a ratio of 1 old RNDR = 1 new RENDER.

According to Yu Jin's monitoring, a whale sold 1,067,930 SNX (worth $2.1 million) on Binance 4 hours ago, causing the SNX price to drop by 7.4%. These SNX were withdrawn from Binance at an average price of $2.173 between January 31, 2023 and July 12, 2023, and were sold today, resulting in an expected loss of 13% for the investor.

1, Ethereum L2 TVL rebounds slightly to above $39 billion

Binance released its market insights for July, including:

According to the latest data from Coinglass, 6,579.01 bitcoins flowed into Binance exchange wallet in the past week, 4,248.62 bitcoins flowed into Bitfinex exchange wallet, and 3,187 bitcoins flowed into OKX exchange wallet.

According to on-chain analyst @ai_9684xtpa, smartestmoney.eth deposited 6,440 ETH worth $19.54 million into Binance half an hour ago.

On July 6th, Coinglass data shows that the current balance of Bitcoin wallet on Coinbase Pro is 861,205.13 coins, ranking first among CEX; in the past 24 hours, 514.07 coins flowed in, in the past 7 days, 537.74 coins flowed in, and in the past 30 days, 28,600.12 coins flowed out. The balance of Bitcoin wallet on Binance is 612,898.11 coins, with 1,028.20 coins flowing out in the past 24 hours, 9,914.77 coins flowing in the past 7 days, and 37,800.45 coins flowing in the past 30 days. The balance of Bitcoin wallet on Bitfinex is 402,586.32 coins, with 568.43 coins flowing in the past 24 hours, 4,199.01 coins flowing in the past 7 days, and 10,292.01 coins flowing in the past 30 days.

The market shows that BNB has broken through $510 and is now trading at $510.1, with a daily increase of 8.44%. The market is volatile, so please be prepared for risk control.

A senior official of the Central Bank of Nigeria (CBN), Akinwumi, accused Binance of operating without a license in the country during a recent court hearing in Abuja. In response to questioning by the prosecution led by EFCC adviser Ekele Iheanacho, Akinwumi stated: "CBN has not issued any license to Binance." In addition, Binance executive Tigran Gambaryan faces money laundering charges. He was arrested by Nigerian authorities in February 2024 and later released due to deteriorating health. At a previous hearing, he fell ill in court and was diagnosed with malaria. This prompted US politicians to lobby President Biden to release Gambaryan.

Binance-BNB/USDT is currently trading at $500.30, up 5.66% in the past 24 hours.