#WriteToEarnUpgrade #MarketPullback #
Binance has been quite active recently. Here are some updates ¹ ² ³:
- *Platform Update*: Binance completed a major update on September 25 to enhance system performance and stability, which caused some service interruptions. Although some users experienced issues, trading resumed normally after the update.
- *New Listings*: Binance has listed new tokens, including Giggle Fund (GIGGLE) and SynFutures (F), with spot trading pairs available. The platform has also launched aPriori (APR) on its Alpha and Futures markets.
- *Airdrops and Rewards*: Binance Alpha is featuring exclusive airdrops for users holding a minimum of 225-240 Alpha Points, including tokens like Meteora (MET) and aPriori (APR).
- *Partnerships*: Binance partnered with Franklin Templeton to develop digital asset products, combining tokenization expertise and global trading infrastructure.
- *Regulatory Updates*: Binance has been working on compliance, including a settlement with the Brazilian Securities Commission (CVM) for $1.76 million. The platform has also withdrawn its license bid in Abu Dhabi and is adjusting its services in Europe ahead of the EU's crypto asset regulations (MiCA).
- *BNB Performance*: Binance Coin (BNB) has shown resilience, with a current price of $1145.94 and a market cap of $159.38 billion. BNB is also being used in various initiatives, such as Kyrgyzstan's national stablecoin and cryptocurrency reserve.
- *Trading Volume*: Binance dominates the spot market, with $180 trillion in BTC spot trading volume and average daily trading volume ranging from $3-10 billion.
These updates reflect Binance's ongoing efforts to enhance its platform, expand its services, and navigate regulatory requirements.
