The market shows BNB has fallen below $550, currently trading at $549.6, with a daily decline of 8.58%. The market is volatile, so please be cautious and manage your risks.

According to an official announcement, Binance's collateralized borrowing (current interest rate) has added new borrowable assets: Holo (HOT), Jito (JTO), Manta Network (MANTA), MANTRA (OM), NFPrompt (NFP), and Portal (PORTAL).

According to an official announcement, Binance Futures has launched a limited-time promotion for trading perpetual contracts in U and USDC denominations. All regular users and VIP 1-3 contract users can participate in this event, with a prize pool of 100,000 REZ.It is reported that the event will take place from 08:00 on May 2, 2024 to 07:59 on May 12, 2024 (UTC+8).

According to CoinGecko data, as of March this year, Binance's market share still ranks first at 49.7%, followed by Upbit in second place and Bybit in third place.

According to research firm Kaiko, in the past year, Binance's Bitcoin trading share has decreased from 81.3% to 55.3%. The share of altcoin trading has also decreased from 58% to 50.5%. Bybit and OKX have expanded their business in Asia and other regions, while Binance has been dealing with legal issues. In the past year, Bybit's share in non-US Bitcoin trading has increased from 2% to 9.3%. Currently, OKX's share is 7.3%, higher than the previous 3%.

Gambaryan’s lawyer, Chukwuka Ikuazom, objected, citing Nigerian law, stating he couldn’t plead until Binance, the primary defendant, was served.

Market data shows that BNB has broken through $580 and is currently trading at $580.1, with a daily increase of 3.52%. The market is volatile, so please be prepared for risk control.

Nadeem Arjarwalla, a Binance executive who escaped from a detention center in Nigeria, has been found by Nigerian authorities in Kenya. Arjarwalla is accused of causing instability in the Nigerian naira exchange rate market. The Nigerian government has expedited the extradition process, and the Nigerian Police Force, Kenyan Police Service, Interpol, and the Economic and Financial Crimes Commission (EFCC) are cooperating in the investigation. It is reported that Arjarwalla and Binance face charges of tax evasion, currency speculation, and money laundering, with an estimated total amount involved of $35.4 million. The National Security Adviser's office has transferred the case management authority to the Nigerian government, and Arjarwalla's partner, Tigran Gambaryan, has been detained by the EFCC.

According to on-chain data tracking service Whale Alert, at 5:49 pm Beijing time today, 48,632 ETH worth $158,953,335 was transferred from an unknown wallet to Binance.

According to on-chain analyst @ai_9684xtpa, a whale borrowed a total of 68,000 BNB worth $40.47 million from Venus and Radient seven hours ago, and then deposited it into Binance for OMNI new coin mining.