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Suspicious Transactions Linked to Mixin Network Hack Involve Huobi and Binance
Cyvers Alerts has discovered suspicious transactions linked to the recent Mixin Network hack. Two hacker addresses received 51 ETH from an account that had interactions with Huobi Global and Binance. The watchdog has called on these exchanges to help identify the suspicious account as part of ongoing investigations.
Binance CEO CZ Draws on Eleanor Roosevelt Quote to Discuss Market Predictability
Eleanor Roosevelt is famous for her role as the First Lady of the United States and her extensive work in advocating for social justice, civil rights, and human rights. She played a significant role in the drafting of the Universal Declaration of Human Rights and remains an enduring symbol of activism and leadership.
Binance Launches Referral Promotion for African Users with 17,500 USDT in Token Voucher Rewards
Binance is launching a new referral scheme targeting users in the Africa region, offering a reward pool of 17,500 USDT in token vouchers. The promotion runs from September 18 to October 2, 2023, and requires users to register and complete KYC within the promotion timeframe. The rewards will be distributed within 20 days post-promotion.
CZ Comments on Binance US CEO's Departure
Binance US founder CZ announced the departure of Brian Shroder and the appointment of Norman Reed as new leaders. The company is also downsizing, with Krishna Juvvadi and Sidney Majalya leaving. The SEC's recent actions have sparked concerns about a possible criminal inquiry. Despite these challenges, CZ's message to the crypto community remains clear: "Ignore FUD. Keep building."
Binance Revamps Fiat Liquidity Provider Program with New Eligibility Criteria and Incentives
Binance has updated its Fiat Liquidity Provider Program, focusing on specific fiat markets and a revised performance review mechanism. Starting September 25th, 2023, the program will be restricted to these markets and will offer maker fee rebates based on past trading activity. Eligible markets include TRY and EUR, BRL, GBP, RUB, ZAR, PLN, NGN, UAH, RON, and ARS. Participants must have a 30-day trading volume exceeding 20,000,000 USDT and demonstrate competent liquidity strategies.
Will the Binance.US CEO's Resignation Trigger a Domino Effect?
Binance.US, the American subsidiary of the global cryptocurrency exchange, has experienced significant staffing changes, including the departure of CEO Brian Shroder and the elimination of around 100 positions. The company is also facing legal actions from the SEC and the Commodity Futures Trading Commission, as well as a decline in market share. The cryptocurrency community is concerned about the future of Binance and its potential demise, with WhaleWire warning of a larger explosion than FTX's.
Binance to Airdrop $3 Million BNB to Aid Morocco Earthquake Victims
Binance Charity has pledged to airdrop up to $3 million in BNB to affected users in the Marrakesh-Safi Province of Morocco. The airdrop will be based on Proof of Address (POA) submissions, with users who completed their POA by 9 September 2023 eligible for a $100 BNB airdrop. Binance has extended a grace period for those not completing their POA between 9 September and 30 September 2023. The initiative is expected to benefit around 70,000 users in Morocco, with funds distribution starting on 12th September 2023. Binance Charity has set up a public donation address for donations.
Binance Fan Token Announces PORTO Trading Competition
Binance Fan Token has launched the PORTO Trading Competition, offering users the chance to trade on PORTO spot trading pairs and earn up to $750 in PORTO Gift Cards. New users can also receive a $5 PORTO Gift Card for registering using the "PORTOTC" referral code or link, totaling $7,500.
Binance CEO CZ Comments on Vitalik Buterin's Twitter Account Hack
On 10 Sep 2023, Binance CEO, Changpeng Zhao (CZ), addressed the hacking of Ethereum co-founder Vitalik Buterin's Twitter account. CZ emphasized the need for stronger security on social media platforms, citing Twitter's vulnerabilities. The breach led to losses of over $691,000 for users who clicked a malicious link on Buterin's hacked account. Notably, a valuable NFT, CryptoPunk #3983, worth approximately $250,543, was stolen. Users are urged to exercise caution online.
Pepe Coin Hits Lowest Price Since Binance Listing
Pepe Coin (PEPE), a cryptocurrency with a Pepe the Frog theme, has experienced a decline in value, reflecting the broader Bitcoin downturn. The cryptocurrency market remains fragile, with predictions suggesting Bitcoin could dip to $20,000. The tumult in the altcoin market is partly attributed to reports surrounding the compromise of Ethereum Founder Vitalik Buterin's Twitter account, social platforms of Pepe X, and past allegations of scams and insider trading. The unveiling of its previously anonymous founder has also impacted investor sentiment.

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