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Auto and NEBL (binance projects) announced partnership

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https://twitter.com/NeblioTeam/status/1596125737270272000
Just In: Binance announced it has acquired 100% of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider. Through this acquisition, Binance enters the Japanese market, as a Japan Financial Services Agency regulated entity. — link
Weekly Market Highlights
2 December 2022

Happy Friday! The Weekly Market Highlights is an initiative from the Binance Research team to round up the week, summarizing key market events and views from the team.

Let's get the ball rolling 🧵👇


🔎 Latest Binance Research Publications

Check out our recent releases:

- Centralized and Decentralized Exchanges - What's the difference?
https://research.binance.com/en/analysis/cex-and-dex

- Interoperability Solutions: Connecting Worlds https://research.binance.com/en/analysis/interoperability-solutions

🔎 Macro / TradFi

- Non-farm payrolls are set to have increased by 200,000 last month, according to a consensus forecast compiled by Bloomberg. The slowdown in November is a further sign that demand for new workers is easing amid the Federal Reserve’s historic efforts to cool the economy. The unemployment rate remains steady at 3.7% but is expected to surpass 5 percent next year.

- Current expectations are that the central bank is set to end its string of 0.75 percentage point rate increases this month and move to a 0.5 percentage point rise. As of now, many officials have signaled that the benchmark policy rate could eventually reach 5 percent.

🔎 L1

- Ropsten, the first public testnet to support Ethereum’s transition to a Proof of Stake system, will be shut down this month. Ropsten’s remaining validator nodes will stop supporting the network between Dec. 15 and Dec. 30. After this, Ropsten will no longer be supported by client, testing, or infrastructure teams

🔎 DeFi

- Phantom, the largest wallet on Solana, says it will expand to Ethereum and Polygon. It claims its main strengths are its 24-hour support team and its ability to manage NFTs. Phantom will be rolling out invites to the public beta in the next few weeks.

- Aave, the leading DeFi money market protocol, has frozen 17 low-liquidity v2 asset pools in a bid to protect against attacks like the one targeting Aave’s CRV pool last week due to their thin liquidity and the volatility of the underlying assets. In a similar move, holders of Compound Finance’s COMP token voted unanimously to cap the borrowing level of 10 assets supported by the protocol.

- The community of MakerDAO, one of the largest DeFi protocols, voted to increase the rewards rate for its DAI stablecoin to 1%.

🔎 NFTs

- Centralized NFT marketplace OpenSea has announced support for BNB Chain. Every NFT transaction on the BNB Chain that took place at the start of the year will be available on OpenSea. The marketplace will work to backfill historical data.

- Uniswap is set to launch its own NFT aggregator, which will allow users to view listings of global floor prices, bulk buy NFTs and list their own NFTs across seven different marketplaces. Built on top of Genie, early Genie adopters will be given an airdrop of 300 USDC for those who have more than one transaction on Genie before April 15, while Genie NFT holders will be eligible for 1,000 USDC.

- Magic Eden introduced “The Open Creator Protocol”, allowing new NFT creators to ensure royalties are paid whenever their NFTs are traded, regardless of the marketplace.

🔎 Other

- Apple blocked Coinbase Wallet's last app release until they disabled the feature of sending NFTs. Apple’s claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system so that they can collect 30% of the gas fee.

- Durov, Telegram CEO, which has 600 million users, said that Telegram's next step is to build a set of decentralized tools, including non-custodial wallets and decentralized exchanges to securely trade and store cryptocurrencies.

- Italy's proposed budget for 2023 indicates investors will have to pay 26% tax for all crypto gains above £2000.

- Lawmakers in Brazil have approved a cryptocurrency framework bill for the use of digital currencies in the Latin American country. Once passed into law, Brazilians can use Bitcoin as a payment method, while digital assets will be recognized as an investment asset class.
New #Binance Insights & Analysis - Web3 Social: Road to Mass Adoption

In this report, we look at key elements of the Web3 Social ecosystem, such as:

🔸 Infrastructure
🔸 Middleware
🔸 Applications
🔸 Tooling

Learn more ⬇️

https://research.binance.com/en/analysis/web3-social
Binance Labs is leading a private round II for GoPlus Security. GoPlus Security has developed a real-time, dynamic, and automated security detection platform that covers token, NFT, malicious address, approval security, contract security and dApp security
Binance announced that Magic will be listed on the innovation zone on December 12. Affected by this news, MAGIC rose to $0.748, a 24-hour increase of more than 40%. MAGIC is the token of Treasure, a game platform and ecological project built on Arbitrum. — link
Fellow Binancians,
Binance will remove and cease trading on the following trading pairs at 2022-12-27 03:00 (UTC):
Spot Pairs: ANC/BNB, ANC/BTC, ANC/USDT, MIR/BTC, MIR/USDT, TORN/BTC, TORN/USDT, YFII/BTC
New Binance Insights & Analysis - Industry Map

The Industry Map provides an overview of the following verticals in crypto by sharing related projects.

🔸 Infrastructure
🔸 DeFi
🔸 NFT
🔸 DAO Tooling

And more ⬇️
https://research.binance.com/en/analysis/industry-map-dec22
BUSD pairs take up two fifths of Binance trading.

December marked a new high for the share of BUSD trading on Binance at 39.24%, meaning pairs with Binance’s native stablecoin as either the base or quote asset accounted for almost two fifths of the trading volume on the exchange.

The USD volume of BUSD pairs came in at roughly $110 billion, which was actually relatively low compared to the $185 billion of BUSD pair volume in November and is the lowest the raw volume has been since June.

Since volumes across the board slowed in December, the lower volume was able to take up more share.
The Binance NFT marketplace will launch a new round of Initial Game Offering (IGO) "Fusionist-Bi·Mech" NFT series. — link
2024/09/29 07:27:53
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