NFT listings on Binance have been tightened. NFTs listed on Binance before Oct. 2, 2022, with an average daily trading volume under $1,000 will be delisted. NFT artists may only manufacture five digital collectibles each day after that.
Binance has tightened NFT listings. Binance will delist NFTs having an average daily trading volume below $1,000 listed before Oct. 2, 2022. After that, NFT artists may only manufacture five digital collectibles every day.
This year, Binance expanded its Gift Cards selection to include over 238 unique holiday-themed designs. Adding to the festivities, the platform is hosting a series of promotional events, including Mystery Boxes and a Secret Santa promotion with more than $70,000 in rewards.
Binance joined the Chamber of Digital Commerce, a U.S. crypto sector lobbying organization. The worldwide trading platform is accused of being uncontrolled. Critics say Binance brought down FTX. Binance's VP of public relations expects the agreement would result in clear US crypto legislation.
Binance delisted Mithril, a decentralized social network. The crypto project requested its 200,000 BNB (BNB) insurance deposit. Binance CEO Changpeng Zhao reacted to MITH's request on Twitter with an image of their contract, which states that the exchange may deduct the insurance money partly or totally as an extra charge if the listed token price falls below a particular level.
Mazars audits Binance's proof-of-reserve (PoR). Mazars' U.S. branch was Donald Trump's longstanding accounting firm. The accounting company is apparently evaluating all of Binance's publicly posted Bitcoin PoR information and will validate future upgrades and tokens.
Genesis, a cryptocurrency loan startup, has denied reports that it is contemplating a "imminent" bankruptcy case. According to reports, the company had difficulty acquiring funds for its lending section and informed investors that it would have to declare bankruptcy. Genesis said on November 16 that withdrawals had been temporarily halted due to "unprecedented market turmoil" after FTX's demise.