Discover and read the best of Twitter Threads about #Binance

Most recents (24)

Introducing opBNB, The newest layer 2 solution.

👉 Game changer for blockchain based Games!

👉Powered by $OP, backed by #Binance

👉 Live on Testnet!

will there be a token & an airdrop? 🤷‍♂️

Learn about opBNB & how you can engage with its testnet, A thread👇

(Like & RT)

1/ Image

In this thread:

🔸What’s opBNB:
- How it works
- key features

🔸game changer for blockchain based games industry

🔸How to add opBNB network to metamask

🔸How to get faucet tokens

🔸3 Tasks u can do to engage with opBNB testnet:
- opBnb bridge
- bridging from orbiter

Official announcement from @BNBCHAIN of launching a Layer 2 solution named opBNB:
Read 31 tweets
1/ Market makers are vital in the crypto ecosystem, enabling liquidity and efficient trading. Amid regulatory scrutiny, @PhotonsHedge looks into a @binance case study to exemplify how market makers adapt, thrive, and provide liquidity for investors.

🧵A Thread
@binance 2/ Regardless of a temporary $USD deposit ban by @SECGov, starting from June 13 @BinanceUS will transition to a crypto-only trading platform. This thread showcases how @PhotonsHedge navigates these regulations, providing seamless and profitable trading functionality.
@binance @SECGov @BinanceUS 3/ Amidst SEC scrutiny in the US, one key factor contributing to the resilience of market makers is their ability to adapt their business models. As a market maker, @PhotonsHedge excels in adjusting business models to guarantee continuity for our investors.
Read 13 tweets
A new rollup has entered the arena... opBNB!

#Binance just announced an optimistic rollup that is already live on testnet.

Did Binance really just fork Optimism and launched their own L2?

Here's a summary of what's going on 👇 Image
1/ opBNB is based on the bedrock version of the Optimism OP Stack that is EVM-compatible.

This rollup is built on top of the existing BNB Chain and not Ethereum Mainnet (like most other Optimistic rollups we have seen so far). Image
2/ Binance claims that opBNB will be pushing gas limits "to a whopping 100M", more than Optimism's 30M gas limit (according to their article).

They claim that opBNB will be able to process 4000 transfers per second with average transaction costs below half a cent.
Read 16 tweets
【下一个出现百倍币的赛道,LSDfi!】#Binance #LSDfi


✅ $LBR
✅ $USH
✅ $ASX



🧵 Image









整个LSDfi赛道正在快速成长… ImageImage
Read 7 tweets
LSDfi is where the next money will flow.

#Binance has just released their LSDfi Report.

10 Insights you need to know (+ list of most promising projects)

A Comprehensive Thread🧵👇 Image
1/ First things first, bookmark this thread for later reference.

There's a lot of info to digest here!
2/ The State of LSDs

The transition of Ethereum to a PoS network + the Shapella upgrade (enablement of staked ETH withdrawals) contributed to massive growth in staking. Image
Read 29 tweets
🚨 BREAKING: #Ripple CEO Drops Bombshell Revelation on SEC vs. #XRP Lawsuit 😳

You won't believe what Brad Garlinghouse just exposed about the SEC's "bad faith" actions 😱

A thread 🧵 Image
1️⃣ In an explosive video, Garlinghouse unveils how the SEC knowingly created CONFUSION to manipulate the rules and enforce their own agenda 😱

👉 Their actions scream "BAD FAITH, plain and simple!"
2️⃣ It's clear that the SEC's intentions were malicious from the beginning.

👉 Filing the case against #Ripple just "DAYS BEFORE CHRISTMAS" is a cold-hearted move, putting politics over people.

👉 They're trying to KILL innovation and stifle the #crypto industry in the U.S.
Read 11 tweets
🚨 BREAKING: #Binance and SEC Reach Deal to Move U.S. Customer Funds Onshore 🔥

Massive Win for #Crypto Investors 🚀

A thread 🧵 Image
1️⃣ #Binance and #Binance US strike a deal with the SEC 🤝

👉 SEC's motion for a restraining order addressed!

👉 But judicial sign-off still pending! Image
2️⃣ #Binance US takes the lead 💪

👉 Only Binance US employees can access customer funds!

👉 No Binance Holdings officials allowed near private keys or wallets!
Read 10 tweets
1/ How did the SEC's lawsuit impact the prices of cryptocurrencies?

After the SEC lawsuits were announced, the prices of cryptocurrencies listed as securities fell by varying degrees. Here's a look at some notable examples. 🧵

Read the full study: Image
2/ $SAND suffered the most severe decline among the listed assets, with a -11.4% drop on June 6.

This downward trend continued, and by June 12, SAND had fallen by a substantial -35.0%.
3/ Notably, $SAND was named in both lawsuits as it is available for trading on both #Binance and #Coinbase.

This dual exposure likely contributed to the sell-off and subsequent price decline experienced by $SAND.
Read 8 tweets
🚨 BREAKING: 🇭🇰 Hong Kong Govt Pressures Banking Giants to Accept #Crypto Clients 🚀

HSBC, Standard Chartered, and Bank of China under Fire 🔥

A thread 🧵 Image
1️⃣ Incredible! Hong Kong's central bank is pushing major banks to embrace #crypto exchanges as clients. Image
2️⃣ Just last month, the Hong Kong Monetary Authority (HKMA) issued a circular, urging banks to be more open to the #crypto market.

👉 Now they're asking why banks like HSBC and Standard Chartered aren't accepting crypto exchanges.
Read 9 tweets

@WarrenDavidson HA PRESENTADO hoy OFICIALMENTE un proyecto Ley para echar al Presidente de la SEC y “ACABAR CON LA TIRANÍA” 😎🔥

Te lo explico 👇 Image
2/ Gary Gensler lleva tiempo levantando mucha polémica sobre sus acciones como Presidente de la SEC

SIN EMBARGO esta semana ha realizado un ATAQUE hacia el sector #Crypto que ha hecho que preocupe incluso al propio gobierno de #EEUU 🧐
3/ Y es que, ya sabemos que Gary no es muy amigo de las Criptomonedas, sobretodo después de haber sido rechazado como Advisor de #Binance en 2019 😅 Image
Read 8 tweets
0/n #GryphsisAcademyWeeklyCryptoDigest When Regulatory Actions Shake Markets (2023.06.05–2023.06.11)…
1/n Contents - 1
1) Macro Overview:US Stock V.S. Crypto
2) Big Story: @SECGov sues @binance and @coinbase ; June 9 Market Crash
3) Protocol Spotlight: @fraxfinance
4) Narrative Pick(Trading Tool): Unibot, the Telegram Uniswap Sniper Bot
5) VC Funding Highlight
2/n Contents - 2
6) Alpha Threads: @ChadCaff’s analysis of $GMD;
@defi_mochi’s tutorial on whale hunting;
@louround’s research on Spin;
@rekwang’s insights on Radiant;
@VitalikButerin’s take on Ethereum’s technical transitions
7) Upcoming Events: Crypto; Macro
Read 27 tweets
In #Crypto, everything happens at lightning speed, and sometimes we miss very important news that could affect our portfolio.
So, here is a list of all the important news of the past week, which I have compiled 📰🗞️

#CryptoNews #cryptocrash Image
🚨Nigeria regulator says local Binance operations 'illegal'.

🔔 #TUSD temporarily stopped issuing TUSD through Prime Trust.

🔔 #Robinhood will no longer support #Solana, #Polygon and #Cardano after June 27, 2023.
💥 #OKX burns 5.5 million #OKB exchange tokens — worth roughly $244 million.

🔔 Binance_US suspends all USD deposits following SEC lawsuit.

💥 #Kraken launches its NFT marketplace on #Polygon.
Read 11 tweets
In the past 24 hours, more than $350M has been liquidated due to the dump in Altcoins.

The whole #crypto market is taking a bloodbath!🩸

This is happening because The SEC has sued major exchanges for trading securities.

This thread contains A to Z about security tokens:🧵 Image
What are Security Tokens?🤔

They're digital assets tied to tradeable external assets.

They must follow federal regulations or face penalties.

Like bonds & equities, they can represent ownership in assets or earnings.

They are issued by STS.
How do security tokens work?👇

Security tokens are blockchain-based investments.

Token holders get dividends and company ownership.

They pass the Howey Test, meaning they're subject to federal regulations as they derive value from tradeable assets. Image
Read 11 tweets
In my 10+ years of Crypto experience, I have never seen that kind of market condition where #BTC is down only 3%, and major #altcoins are down 20-30% 😱😳

Let's take a deep dive to know what's going on in the #Crypto market 👇
🔻In the past few hours, the #altcoin market has crashed like there is no support.

🔻So let's take a look at the factors crashing the market, which also include some #FUD.
1. #Binance is selling its holdings.

🔻An account started the rumour that @binance sold mass amounts of coins over the last few months, which caused the market crash.

🔻He also claimed that Binance moved a large chunk of its reserves. Image
Read 15 tweets
just a hunch - no evidence yet - but i suspect #PrimeTrust just got seized or shut down by the FBI Image
"PT holds bank account" means "Prime Trust holds bank account"
$TUSD is also the main stablecoin for trading on #Binance these days, ever since Tether was deprecated as the "no fee" trading option... and now you can't mint it
Read 4 tweets
🚨 MUST READ: 🇭🇰 Shocking Revelation about Hong Kong's #Crypto Move 😳

🇨🇳 ‘Big Ass No’: Not a Sign China Is Warming Up to Crypto 😱

A thread 🧵 Image
1️⃣ Hong Kong, once a #crypto hub, is making a comeback.

👉 But before you get too excited, let's dive into the juicy details.
2️⃣ Hong Kong just gave the green light for retail investors to trade digital assets 🚀

👉 It seems like they're trying to reclaim their #crypto crown and become the next big crypto hub.

👉 Does this mean China is finally opening its doors to Web3 and #Bitcoin?
Read 12 tweets
The SEC's recent lawsuit against #binance and #Coinbase has sent shockwaves through the Web3 community

But the Spotlight shifts to the SEC's classification of tokens as securities in the lawsuit 🪙

Here's a rundown of the top 8 tokens in the spotlight 👇 Image
👉 The SEC says digital tokens are securities, following standards from the 1933 Securities Act & landmark court decisions.

👉 And Cryptocurrencies pass the Howey Test” criteria to determine whether a transaction qualifies as an investment contract, a type of security
What is a SECURITY? 🤔

👉 Generally, if an investment is made in a business, expecting profits through the efforts of someone else, it is considered a security.

👉 The SEC applies these criteria to crypto, highlighting that several tokens meet the definition of securities Image
Read 19 tweets
The recent #SEC scrutiny on #binance has sent ripples through the #crypto industry

Time to dissect the potential implications of this development for Binance and the broader crypto market📈

🧵Follow this thread for key takeaways
#BinanceSEC #CryptoRegulation
Increased regulatory scrutiny:

The SEC's move on #Binance hints that the days of laissez-faire for crypto exchanges might be over

Exchanges should expect tighter regulations and intervention which means its time to rethink strategy and operations

Loss of trust and reputation for Binance:

In finance, trust is everything. Binance's run-in with the SEC could impact its standing among users

Damage control through transparency and customer focus is the key
Read 6 tweets
Whale"0x31f5" spend 250K $USDC to buy 227B $PEPE at $0.0000011 again 2 hrs ago.

The whale spent a total of 3.25M $USDC to buy 2.81T $PEPE.

The on-chain data shows that this whale is the SmartMoney who made ~$11.47M on $PEPE before!


A thread

Do you remember this SmartMoney"0x9e03"?

He spent 422 $ETH ($871K) and 200K $USDC to buy 4.23T $PEPE from Apr 19 to Apr 27.

And deposit $PEPE into #Binance after the listing on #Binance.

Then his other address"0x24b0" withdrew 12.54M $USDT from #Binance. ImageImage

So the SmartMoney selling all $PEPE probably get 12.54M $USDT in the end, and the profit is $11.47M!
Read 7 tweets
why is Wacky Cathie's "big ideas" presentation on bitcoin lying about #Binance & #CryptoCom's proof of reserves?

- the #CryptoCom one literally redacted all the numbers. #notajoke

- both those pieces of paper were *immediately* retracted by the auditors… Image
🧵 this is #CryptoCom's "proof of reserves" that Wacky Cathie's ARK website claims was done in 2022 👇. it existed in public for 5 days before the auditor Mazars was like "just kidding!" and deleted that entire part of the website. $ARKK $ARKW $ARKF $ARKG
🧵 maybe @SECGov @SECEnfDirector @SEC_Enforcement @NYDFS should look at what $ARKF is doing here. this is all easily verified. $ARKK is straight up lying to investors about whether these "proof of reserves exist" a) exist or b) prove anything. Call Mazars.
Read 5 tweets

A thread 🧵 Image
1️⃣ The largest bank in Australia, Commonwealth Bank, just dropped a bombshell!

👉 They're planning to BLOCK payments to #crypto exchanges 😱
2️⃣ According to James Roberts, a Commonwealth Bank executive, the bank is concerned about the "HUGE scale of investment scams" involving #crypto exchanges.
Read 12 tweets
🇺🇸 SEC Chair Gensler caught in a #crypto scandal? 😱

Did he offer to ADVISE #Binance in 2019? 😳

A thread 🧵 Image
1️⃣ SEC Chair Gensler allegedly offered to serve as an ADVISOR to #Binance, the #crypto giant, in 2019.
2️⃣ According to #Binance's lawyers, Gensler had multiple conversations with Binance executives and even met their founder, Changpeng Zhao, for lunch in Japan.
Read 13 tweets
🚨 BREAKING: Shocking Revelation! 🚨

🇺🇸 SEC's Gensler hints at "parallels" between #Binance and FTX, but one exchange mysteriously escapes the lawsuit 😱 Image
1️⃣ The SEC's Chair Gary Gensler just revealed mind-blowing connections between two major #crypto exchanges: #Binance and FTX.

👉 But there's a shocking twist 😱
2️⃣ According to Gensler, both #Binance and FTX have allegedly used sister firms to move funds, raising serious concerns about fraud and manipulation.

👉 But while Binance faces a barrage of lawsuits, FTX remains untouched 🕵️‍♂️
Read 10 tweets
1. Unfortunately, my prediction yesterday proved correct. The #SEC has filed a motion for a preliminary #injunction and a temporary #restraining order to „freeze” Binance’s assets in the US. It won’t block withdrawals, but please be aware that you may @AshBennington @RaoulGMI Image
2. experience longer wait times, particularly for withdrawals exceeding $100,000, due to additional rules imposed on #Binance.US.

The rule stipulates that in order to move customer funds exceeding $100,000, written approval from two of the company’s senior #executives is Image
3. required, creating a significant inconvenience. Is the #SEC really acting in the interest of consumer safety and protection of their #financial wellbeing? On a positive note, this will only affect #Binance.US for now.I hope the issue does not spread to other Binance entities.
Read 4 tweets

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