Bloomberg: Binance launches new VIP invitation program to attract traditional market traders
According to Bloomberg, Binance is launching a new VIP invitation program in hopes of attracting a new group of traders from traditional markets. The program lowers the threshold for becoming a VIP user and allows new users to apply for the Binance VIP program using the total amount of cryptocurrency and traditional assets (such as stocks) held on other external trading platforms. Previously, Binance users needed to have a total monthly trading volume of at least $1 million on the exchange platform to become a VIP. VIP users enjoy benefits such as lower trading fees and exclusive participation in events.
Binance Convert will undergo system maintenance on February 28th
Binance will carry out scheduled system maintenance on selected trading pairs of Binance Convert, which is expected to enhance the overall system performance and stability. The maintenance is scheduled to take approximately two hours and will start at 09:30 (UTC) on February 28th, 2024. During the system maintenance period, the following trading pairs will temporarily be unavailable for trading on Binance Convert: WBNB-BNB, WETH-ETH, GXS-REI, BTTOLD-BTTC, TRXOLD-TRX, STGOLD-STG, RDNTOLD-RDNT, QUICKOLD-QUICK, AVAOLD-AVA, OPUSDCE-USDC, MATICUSDCE-USDC, ARBUSDCE-USDC, TUSDOLD-TUSD, PAX-USDP, BUSD-FDUSD.
Judge Signs Off on Binance's $4.3B Plea Deal With U.S. Prosecutors
Binance pleaded guilty to violating sanctions and anti-money laundering laws last year.
After U.S. judge approves plea deal, Binance says it “takes responsibility” for past actions
US Judge Richard Jones has approved the plea agreement for Binance to pay a fine of $4.3 billion. A Binance spokesperson stated in a statement, "Binance takes responsibility for its past actions and has made significant progress in taking the measures required by the plea agreement terms."
Judge approves Binance's admission of guilt and payment of $4.3 billion fine
Bloomberg reported that the judge responsible for handling the Binance case has approved Binance's admission of guilt and payment of a $4.3 billion fine.
BNB broke through $370, with a 24-hour increase of 4.52%
According to OKX market information on February 21, BNB broke through $370 and is currently priced at $372.4, with a 24-hour increase of 4.52%.
Binance will launch LINK 1-75x U-based perpetual contract on February 16th
According to an official announcement, Binance will launch a LINK 1-75x U perpetual contract denominated in the base currency on February 16, 2024 at 16:30 (GMT+8).
Binance Contracts Adjusts Leverage and Margin Ladders for Multiple U-Based Perpetual Contracts
According to an official announcement, Binance Futures updated the leverage and margin ladder for some U-based perpetual contracts on February 14th at 14:00 (GMT+8). The update will not affect users' current positions. The trading varieties involved in this adjustment include:
SmartMoney withdrew 329,449 API3 from Binance 2 hours ago
According to Lookonchain monitoring, 2 hours ago, SmartMoney withdrew 329,449 API3 tokens (worth $1.18 million) from Binance. SmartMoney is very good at trading API3, always buying at low prices and selling at high prices.
Kenetic Capital transferred 4.1 million RNDR to Binance 6 hours ago, equivalent to approximately US$20.4 million.
According to Spot On Chain monitoring, Kenetic Capital deposited 4.1 million RNDR coins (worth $20.4 million) into Binance 6 hours ago.
