Binance announced that as of 11:00 (UTC + 8) on January 15, 2025, it will remove 10 borrowable assets from the pledged debit (demand rate) product, including BANANA, GNS, ONE, KDA, LQTY, LPT, PORTAL, TRB, VIB and PYR. Existing pledged debit demand rate orders will not be affected until the user completes the repayment of the loan order.
Russia has previously announced that it has advanced legislation to set the issuance date of the digital ruble as July 1, 2025, but representatives of Sberbank have called for a delay in the issuance of the digital ruble because the relevant central bank digital currency (CBDC) platform is still under development. It is reported that Sberbank's deposit market share accounts for about 45% of the entire Russia. If the bank is not ready, it may affect the issuance of the digital ruble.
Binance announced that it will add yen spot trading pairs and launch a zero-pending fee promotion. The first batch will open APT/JPY, PEPE/JPY, SUI/JPY and XLM/JPY yen trading pairs at 16:00 on January 9, and the second batch will open IOTX/JPY and SEI/JPY at 16:00 on January 16.
The classification of cryptocurrencies is likely to change after Japan's Financial Services Agency announced plans to start treating cryptocurrencies such as bitcoin as "financial assets". According to official documents, the FSA published its position in its fiscal 2025 tax reform request, which wants to start treating cryptoassets as "financial assets that the general public can invest in". Currently, Japanese law classifies cryptoassets as "payment instruments" under the terms of the Payment ...
Binance announced that it will optimize the platform's token circulation data display mechanism. Currently, Binance adopts the liquidity calculation method of CoinMarketCap (CMC), which excludes the allocation of positions within the project from the calculation. To improve data transparency, Binance will integrate CMC's newly launched unlocked market capitalization and unlocked liquidity indicators in the token information section. The specific implementation schedule will be notified separatel...
On December 22, a Foreign Ministry spokesperson said that the United States has once again provided military aid and arms sales to China's Taiwan region, which seriously violates the one-China principle and the provisions of the three Sino-US joint communiques, especially the "August 17" communique. It seriously violates China's sovereignty and security interests, seriously violates the US leader's commitment not to support "Taiwan independence", and sends a serious wrong signal to the "Taiwan i...
On December 11th, Binance announced that due to the new launch of Binance Wallet, it has launched the 5 million USD Airdrop Carnival. Users will be able to experience the improved Binance Wallet and upgraded airdrop area. Users can upgrade the Binance App to the latest version to experience it. Binance will launch token airdrops for Bitlayer, Orderly and Prosper projects, of which Bitlayer's airdrops have been launched in Binance Wallet. Other projects will be announced in the coming weeks.
Binance announced a strategic partnership with Circle to expand the adoption of USDC stablecoins and support the global digital asset and financial services ecosystem. Binance will integrate USDC into its products and services, and Circle will provide Binance with technology, liquidity, and tools.
MARA Holdings, Inc., a bitcoin miner, announced that using the proceeds from its zero-coupon convertible note offering, MARA acquired 11,774 BTC at a price of approximately $96,000 per bitcoin, valued at approximately $1.10 billion, and achieved a BTC yield of 12.3% in QTD and 47.6% in YTD. As of December 9, 2024, 40,435 BTC were held, currently worth $3.90 billion based on the spot BTC price of $96,500.
Binance announced full support for Movement (MOVE) token trading and wealth management services, as follows: 1. Binance Wealth Management: The MOVE guaranteed capital earning current product has been launched at 20:00 on December 9, and users can apply for wealth management products; from 18:00 on December 10, users can buy MOVE through Binance Investment. 2. One-click buy & sell coins: MOVE supports buying or selling by credit card, debit card, Google Pay, Apple Pay or wallet balance one hour a...
On December 9th, Binance announced the re-launch of Binance Wallet (formerly "Binance Web3 Wallet"), with the aim of making Web3 more accessible, intuitive, and integrated into the daily lives of users around the world. The reboot will be carried out in stages, each stage introducing a unique theme to address Web3 adoption.
The South Korean Ministry of Justice announced on the 9th that it would ban President Yoon Seok-yeok from leaving the country.
Argentina's securities watchdog, CNV, has announced a market-wide campaign to allow foreign investment products linked to several crypto ETF opportunities, including Ethereum and Bitcoin, gold, and even Chinese stock market indices, to enter the Argentine market. "With these measures, we are raising Argentina to the standards of the most developed international markets," stressed Roberto Silva, president of Argentina's securities watchdog.
According to The Block, South Korean President Yoon Seok-yuk's declaration of martial law triggered a surge in the trading volume of the South Korean crypto market to $34 billion in 24 hours, a new high for the year. Among them, Upbit's trading volume reached $27.25 billion. Martial law led to a panic sell-off in the market, with the price of bitcoin falling to $62,182 at one point and services were disrupted on several exchanges. Six hours later, martial law was rejected by Congress, and the ma...
According to official news, Nasdaq-listed bitcoin miner MARA announced that it intends to issue zero-coupon convertible senior notes to raise $700 million, with the proceeds primarily used to purchase bitcoin and repurchase existing convertible notes due 2026. In addition, MARA expects to use the net proceeds from the sale of notes up to $50 million to repurchase a portion of its existing convertible notes due 2026 through privately negotiated transactions. The remaining net proceeds will be use...