1. ๐ Binance Releases July Proof-of-Reserves
As of July 1, 2025, Binance shared its latest Proof-of-Reserves (PoR) report:
$BTC :102.51% backed
$BNB :111.79%
$ETH :100%
Although total user balances of BTC and ETH slightly decreased, the reserves remain fully backed or more. This transparency helps build trust post-FTX era.
2. ๐ Lagrange (LA) Listed with HODLer Airdrop
Binance officially listed Lagrange (LA) on July 9, 2025 and launched a HODLer Airdrop for users who staked BNB via Simple Earn between June 22โ25.
Trading pairs: LA/USDT, LA/BNB, LA/USDC, LA/FDUSD, LA/TRY
** LA is a ZK-based AI verification token
** 1.5% of the total supply was distributed through the airdrop
This highlights Binanceโs support for AI+ZK ecosystems.
3. ๐ธ New Fiat Liquidity & Market Maker Tiers
Starting July 14, 2025, Binance adds two new tiers for fiat market makers (TRY, EUR, BRL, etc.):
Tier 1: Maker volume โฅ 0.5% โ Rebate: โ0.005%
Tier 2: Maker volume โฅ 1.0% โ Rebate: โ0.010%
This is aimed at boosting liquidity across local currency markets.
Summary,
* Binance remains transparent with solid reserves
* Supports innovation with AI-based tokens like LA
* Expands liquidity programs to global fiat markets
๐ Stay tuned โ more listings and upgrades are expected this month!
#Binance #CryptoNews #LagrangeLA #ProofOfReserves #CryptoUpdate