According to John Reed Stark, former head of the Internet Enforcement Office at the US Securities and Exchange Commission (SEC), Binance has made a series of unprecedented compliance commitments in its plea agreement with the US Department of Justice (DOJ) and the Financial Crimes Enforcement Network (FinCEN). These commitments include establishing new procedures for handling policies, procedures and internal controls, customer and third-party relationships, anti-evasion controls, regular reviews, appropriate supervision and independence, training and guidance, comprehensive reporting and investigation, enforcement and discipline, and monitoring, testing and auditing.

On December 9th, Lookonchain monitoring reported that a whale deposited 3000 bitcoins (worth about 132.7 million US dollars) into Binance today, and is expected to earn 23 million US dollars in profit.

BNB Chain posted on social media that DappBay's "Red Alarm" identified multiple high-risk DApps this week, including Melon Coin, Xrewards, Money Coin, Wpepe, Genie Bot, and Coinman.

He Yi, co-founder of Binance, posted on social media saying that scaremongering will not kill Binance, but will only make more people stand with Binance. Because this is an era of highly transparent information and technology changes the world. Binance is a newly established technology company, and we will soon establish our headquarters and board of directors. However, this is not directly related to transparency and success, but it needs to better fit the image of "financial institutions".

According to Spot On Chain monitoring on December 10th, LayerX Capital and three whale addresses deposited 12.53 million MATIC, worth approximately $11.33 million, into Binance and Coinbase in the past 10 hours. This is reported by BlockBeats.

According to on-chain analyst Yu Jin's monitoring, on December 9th, an address that withdrew 244,000 UNFI (valued at $2.25 million) from Binance at an average price of $9.2 on September 6th, transferred all UNFI back to Binance two hours ago. The address bought UNFI at an average price of $9.2 on September 6th, and did not sell during the highs of September and November, finally transferring at the break-even price to Binance two hours ago.

According to official sources on December 9th, BNB Chain ecological liquidity market THENA received a strategic investment of $600,000 from Orbs Network. THENA stated that this investment is a recognition of their vision and potential, and perfectly aligns with their goal of working with like-minded builders and innovators. THENA's construction of innovative products will change the DEX landscape on the BNB chain.

According to market news, a US judge has ordered Binance founder Zhao Changpeng to remain in the United States before the verdict. <br>

BV Investment Management, a subsidiary of Binance, has recently withdrawn its license application to the Abu Dhabi financial regulatory agency. Last year, the company applied for a license to allow it to manage a collective investment fund. (Reuters)

On December 7th, according to an official announcement, Binance Web3 wallet has completed integration with Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, and Sei networks. Users can use Binance Web3 wallet to transfer the above network tokens.

On December 7th, BNB Chain announced that the Hotfix hard fork of BSC mainnet and testnet has been launched at 16:00 Beijing time today. Currently, all validators have been upgraded and key infrastructure such as meganode and opBNB are ready.

BNB Chain announced the TVL incentive plan, which aims to encourage projects to deploy on opBNB. This initiative can both prosper the opBNB ecosystem and provide incentive mechanisms for participating projects. The plan will be open to project applications from December 6th to December 14th, 2023, and the competition will take place from December 15th, 2023 to January 14th, 2024. The total prize pool can reach up to $160,000, and participating projects will receive corresponding shares based on their ranking in the competition.

Due to the enthusiastic response from the community towards AEUR, and some users not realizing that AEUR is a stablecoin when purchasing, there has been a surge in demand in the short term, resulting in price deviations. Binance has been monitoring the market for 24 hours and, after detecting this situation, has temporarily suspended AEUR/USDT, BTC/AEUR, ETH/AEUR, and EUR/AEUR spot trading pairs as of 02:31:59 on December 6, 2023 (GMT+8) to avoid potential losses for other investors. The resumption time for the above AEUR spot trading pairs will be notified separately. Binance will assist the AEUR project team in providing reasonable compensation to affected users within 72 hours after this announcement is released.

Binance announced that it will airdrop cryptocurrency worth $500,000 to users who use Web3 wallets for Swap, ranging from 1 SHIB to 1 BTC.

According to an official announcement, Binance will support the BNB Smart Chain (BEP20) network upgrade and hard fork, with the following arrangements:

According to an official announcement, Binance will launch zero fee spot and leverage trading pairs for BNB/FDUSD, DOGE/FDUSD, ETH/FDUSD, LINK/FDUSD, SOL/FDUSD, and XRP/FDUSD starting from 08:00 on December 8th (UTC+8).

According to official sources, Binance P2P will update the market maker fees for 14 fiat currency markets on December 11, 2023 at 00:00 (UTC).

OAn December 5th, according to an official announcement, Binance will support the Horizen (ZEN) network upgrade. The project team will upgrade the network at block height 1,466,716 (expected to be at 18:00 on December 6, 2023, Eastern Time); Binance is expected to suspend token deposits and withdrawals for the above network at 17:00 on December 6, 2023, Eastern Time.

According to data analyst Yu Jin, as reported by Jinse Finance, 8 hours ago, Clairvoyant Labs withdrew 1.75 million STG (worth 980,000 USD) from Binance at a price of 0.56 USD. Previously, Clairvoyant Labs had withdrawn 1.15 million STG from Binance at a price of 0.48 USD between October 26th and November 3rd, and sold them on November 5th and 6th at a price of 0.55 USD, earning a profit of 90,000 USD (+16%).

Richard Teng, the new CEO of Binance, responded to community members' concerns about whether Binance can afford the penalties in the settlement agreement, stating, "Binance's financial situation is very good, and our business foundation is very solid. We have been profitable almost from day one and have remained profitable since then.In terms of trading volume, we are still the largest cryptocurrency exchange in the world. US regulators have not claimed that Binance has misappropriated any user funds. User funds are supported 1:1, and users can choose to withdraw 100% of their funds at any time. Binance has more registered users than ever before, currently reaching 166 million.These fines are not a problem. We will continue to move forward, our expenses are reasonable, but our profits and revenue are strong."