Binance released its reserve proof for February 2024. As of February 1st, the net balance of BTC for Binance platform users was 594,688.859 coins, and the net balance of BTC for the Binance platform was 609,477.128 coins, with a BTC reserve ratio of 102.49%. In addition, the net balance of ETH for Binance platform users was 4,163,085.942 coins, and the net balance of ETH for the Binance platform was 4,353,718.384 coins, with an ETH reserve ratio of 104.58%.

According to an official announcement, Binance will remove the following spot trading pairs and cease trading based on recent audit results: February 9, 2024, 11:00 (UTC+8): FLOW/BNB, GMT/ETH, ONE/BNB, PUNDIX/ETH.

According to an official announcement, Binance Web3 wallet will airdrop 1 million Polyhedra network tokens to users. During the event, users who complete the corresponding tasks using Binance Web3 wallet will be eligible to share the corresponding prize pool. Each eligible participant can receive up to 100 Polyhedra network tokens as a reward for each task. Users who complete all tasks can receive up to 200 Polyhedra network tokens.

Binance co-founder He Yi stated that there have been occasional heated discussions in the past regarding leaked information about coin listings on Binance. Usually, these discussions involve projects that have not yet released their tokens, and the community's excessive promotion to maintain hype is not uncommon. However, after the announcement of the listing of RONIN and the subsequent price drop, there was a fierce discussion within the community. After an internal investigation, it was found that the integration of public chains for users to retrieve tokens led to the detection of the collection on the chain by external parties. Discussions about RONIN being listed on Binance began within the community, and after careful consideration, the following adjustments will be made:

According to Coinglass data, the balance of Binance Bitcoin wallet has increased by about 9,600 BTC in the past 30 days and by about 837.36 BTC in the past 24 hours. The current total balance has exceeded 550,000 BTC, reaching 557,848.6 BTC.

Richard Teng, CEO of Binance, stated on the X platform that the inscription market in the Web3 wallet has been optimized based on user feedback to improve the user experience. It is reported that the "Markets" tab in the Binance Web3 wallet can now be used to access the inscription market. According to previous reports, the Binance Web3 wallet launched the inscription market on February 1st, supporting the trading or minting of inscription tokens.

According to Spot on Chain monitoring, on February 3, four associated addresses of The Sandbox deposited a total of 92.94 million SAND (approximately 41.21 million US dollars) to Binance 8 hours ago. These wallets received these tokens as part of the unlocking process from The Sandbox's multi-signature address in the past 1.5 months. These addresses sold 1.3 million SAND for 566,000 US dollars USDC two days ago.

Steve Christie, former Senior Compliance Officer at Binance, has returned to the company as Deputy Chief Compliance Officer (DCCO). It is reported that Steve Christie will take over the position previously held by Kristen Hecht, former Deputy Chief Compliance Officer and Global Anti-Money Laundering Reporting Officer at Binance. Steve will work with Chief Compliance Officer Noah Perlman to continue strengthening Binance's global compliance program and seek new opportunities for the company to maintain its leadership role in the industry's development and innovation.

Binance has increased its annual compliance budget from 158 million US dollars to 213 million US dollars, a year-on-year increase of 35%, according to coingape.

Binance OTC trading has launched the RFQ (Request for Quote) option, allowing users to directly submit options trading quote requests to the Binance OTC trading platform. By using institutional-level liquidity of the RFQ option, users can complete large-scale OTC options trading at more advantageous prices and with no transaction fees.