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.

Families of hostages and victims of Hamas in Israel have filed a lawsuit against cryptocurrency exchange Binance, alleging that it processed transactions associated with the terrorist group and others operating in the region. The complaint was filed in the U.S. District Court of the Southern District of New York on behalf of U.S. citizens who were affected by acts of terror perpetrated by Hamas and other groups in Israel. The plaintiffs are also suing Iran and Syria. Binance is accused of facilitating the financing of Hamas and other terrorist organizations between 2017 and 2023, and providing a clandestine financing tool that it deliberately hid from U.S. regulators. More than 100 Binance accounts with suspected links to Hamas were frozen at the request of Israeli law enforcement in the 10 days following the attacks.

Binance has announced plans to reduce its shareholding in Gopax, one of South Korea's largest crypto exchanges. Binance had acquired a majority stake in Gopax in February 2020 to re-enter the South Korean crypto market, but faced setbacks from regulators. Binance plans to sell its shares in Gopax to address issues related to changes in virtual asset business operators reporting requirements, and will convert the loan paid as GoFi repayment into equity and sell part of the stake to resolve the issue. The reduction in stake is a preemptive measure while seeking meaningful dialogue with financial authorities.

Binance co-founder He Yi stated that although she has a LinkedIn account, she has forgotten the password and is not responsible for discussing potential listings with project parties. She reminded everyone to be wary of people who claim to have a close relationship with her and discuss investment or listing issues with you.

According to @ai_9684xtpa monitoring, Binance's hot wallet (address starting with 0xb32) first collected RON tokens on January 26. Currently, the address holds 137,000 RON tokens worth $360,000.