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#Binance

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Binance Co-Founder Yi He Warns of Five USDT Deposit Types Subject to Account Freezes
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Binance Co-Founder Yi He Warns of Five USDT Deposit Types Subject to Account Freezes

Key Highlights: Binance co-founder Yi He has warned users against depositing five specific sources of Tether ($USDT), including tokens from Myanmar, Cambodia, discounted sales, relatives, and third-party account transfers. The exchange’s compliance protocols track on-chain wallet history and provenance, meaning accounts can face scrutiny and immediate asset freezes even if the account holder was unaware ...

Binance France Informs Users It Will Close Their Accounts on Dec. 31
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Binance France Informs Users It Will Close Their Accounts on Dec. 31

Key Highlights: Binance France has set an official account closure deadline for December 31, 2026, advising users that asset withdrawals must be made by November 29 to avoid fees. Unwithdrawn balances after the 2026 deadline risk being classified as inactive, potentially subjecting holdings to conversion, transfers, or other administrative processing. The phased wind-down follows regulatory ...

Binance’s CZ Urges Crypto Industry Unity Amid Market Turmoil
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Binance’s CZ Urges Crypto Industry Unity Amid Market Turmoil

Key Highlights: Binance founder CZ called for greater unity across the cryptocurrency industry amid discussions tracking how major exchange crises and security breaches directly depress native token valuations. Binance is actively recovering from an unprecedented $6.34 billion hack on Oct. 29 targeting its internal wallet signing infrastructure, with $2.85 billion intercepted and 98% of affected ...

Altcoins Shed $200 Billion as 70% Drop Below 200-Day Moving Average
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Altcoins Shed $200 Billion as 70% Drop Below 200-Day Moving Average

Key Highlights: Market breadth collapsed within a single month, as the share of Binance-listed altcoins trading below their 200-day moving average jumped from 10% in early October to roughly 70% by early November. Widespread macro headwinds—including central bank interest rate hikes, geopolitical strain, U.S. midterm election uncertainty, and a 14% drop in the Nasdaq—drove the ...

Binance Tells Users in Some European Countries to Withdraw Crypto to Avoid Fees Ahead of Year-End Account Closures
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Binance Tells Users in Some European Countries to Withdraw Crypto to Avoid Fees Ahead of Year-End Account Closures

Key Highlights: Binance is introducing monthly dormant account fees starting November 29 for inactive balances, charging either 0.025% or 10 USDC—whichever is higher. The move follows notifications urging users to withdraw funds across France, Spain, Italy, and Poland amid regulatory changes under the EU’s Markets in Crypto-Assets (MiCA) framework. Binance France’s local registration with the ...

Elon Musk Directly Responds to CZ Over Allegations of Targeting Binance
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Elon Musk Directly Responds to CZ Over Allegations of Targeting Binance

Key Highlights Elon Musk has explicitly refuted fabricated social media posts claiming he criticized Binance’s market dominance. The viral posts falsely alleged that Binance controls roughly 80% of the cryptocurrency market and claimed Musk advised investors to migrate to competing platforms. Former Binance CEO Changpeng Zhao called out the misinformation directly before Musk publicly intervened ...

XRP ETFs Record Zero Inflows for a Full Week
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XRP ETFs Record Zero Inflows for a Full Week

Key Highlights Institutional interest in XRP funds has cooled, dropping to $18.8 million in net inflows late last month, yet they proved more resilient than peers like Solana and Bitcoin ETFs. Major onchain accumulation is surging, evidenced by 418.5 million XRP leaving Binance on Nov. 4, pushing the exchange’s scarcity index to a four-year peak. ...

Are Ethereum Whales Buying Again as ETH Accumulation Surges?
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Are Ethereum Whales Buying Again as ETH Accumulation Surges?

Key Highlights: Large-scale capital movements show mixed signals, including a fresh wallet withdrawing 9,777 ETH from Binance alongside $18.32 million in overall positive exchange net flows on Saturday. Institutional selling pressure surged as United States spot Ethereum ETFs recorded $365 million in weekly outflows, led by $193.2 million exiting in just two days. Technical indicators ...

XRP Price Stalls at $1.1799 Following $30 Million Liquidation Cascade
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XRP Price Stalls at $1.1799 Following $30 Million Liquidation Cascade

Key Highlights: Over $30 million in XRP bullish leveraged derivatives positions were liquidated across a five-day period following an abrupt market reversal. Friday saw the most aggressive cascade, with liquidations surging 2.74 times above the weekly average and long positions accounting for 95.54% ($16.01 million) of the day’s $16.75 million in wipeouts. Binance absorbed the ...

Binance Pulls Kevin O’Leary and Michael Lewis Into $1.76 Billion FTX Clawback Lawsuit
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Binance Pulls Kevin O’Leary and Michael Lewis Into $1.76 Billion FTX Clawback Lawsuit

Key Highlights Kevin O’Leary disclosed receiving approximately $15 million under an FTX promotional contract prior to the platform’s collapse, while author Michael Lewis researched Sam Bankman-Fried for his book. A U.S. bankruptcy court has allowed a $1.76 billion clawback lawsuit against Binance and its founder Changpeng Zhao to move forward regarding a disputed 2021 share ...