π Missing Crypto Queen Ruja Ignatova Allegedly Hiding In Russia
#CryptoQueen #RujaIgnatova #OneCoin #PonziScheme #FBI #Russia #Kremlin #Investigation #FinancialFraud #MissingPersons
According to PANews, BBC investigative journalist specializing in Kremlin affairs has reported that the missing 'Crypto Queen' Ruja Ignatova might be hiding in Russia to evade criminal charges. Yoran Tsalov, who also works with Bellingcat, revealed to the media that Ignatova has connections with multiple individuals and interest groups within the Kremlin.
Tsalov claims these connections were confirmed during an interview with Ignatova's former security advisor, Frank Schneider, as part of the BBC's investigation and podcast series on the 'Missing Crypto Queen.' Schneider, a former Swiss spy, later founded a private investigation firm and was employed by OneCoin. Due to his involvement with the operation, he was placed under house arrest in France and subsequently went on the run in 2023. Additionally, Tsalov asserts that the ongoing BBC investigation has verified that some companies involved in laundering money through OneCoin have ties to former pro-Russian Ukrainian President Viktor Yanukovich, who is currently living in exile in Russia.
OneCoin was launched in 2014, and Ignatova defrauded investors worldwide through a $4 billion Ponzi scheme until the scam collapsed in 2017, after which she disappeared. Her last known appearance was in 2017 when she boarded a flight from Bulgaria to Athens, Greece, and she has since been listed among the FBI's Ten Most Wanted Fugitives.#CryptoQueen #RujaIgnatova #OneCoin #PonziScheme #FBI #Russia #Kremlin #Investigation #FinancialFraud #MissingPersons
π Bitcoin(BTC) Surpasses 93,000 USDT with a Narrowed 1.79% Decrease in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #Binance #trading
On Nov 27, 2024, 02:27 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 93,000 USDT benchmark and is now trading at 93,014.289063 USDT, with a narrowed narrowed 1.79% decrease in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #Binance #trading
π1
π Chainup Cryptsafe Gains Approval For Digital Asset Custody In Singapore
#ChainUp #Cryptsafe #DigitalAssetCustody #Singapore #MAS #Blockchain #RegulatoryApproval #Finance #CustodySolutions #CryptoIndustry
According to Foresight News, ChainUp's subsidiary, ChainUp Cryptsafe Pte. Ltd., has received an exemption from the Monetary Authority of Singapore (MAS), allowing it to provide digital asset custody services in Singapore. This development marks a significant milestone for the company as it joins the ranks of approved institutions authorized to offer such services in the region.
ChainUp Cryptsafe Pte. Ltd. is a subsidiary of ChainUp, a blockchain technology service provider. The company is dedicated to delivering comprehensive custody solutions to global digital asset exchanges, wallets, and financial institutions. Achieving the MAS exemption status indicates that ChainUp Cryptsafe has successfully met the stringent regulatory requirements set by MAS, particularly in areas such as business operations and risk management.
This approval underscores the company's commitment to adhering to regulatory standards and enhancing its service offerings in the digital asset space. By securing this exemption, ChainUp Cryptsafe is positioned to expand its presence in the digital asset custody market, providing secure and reliable services to its clients. The recognition by MAS not only validates the company's operational capabilities but also strengthens its reputation as a trusted provider in the industry.#ChainUp #Cryptsafe #DigitalAssetCustody #Singapore #MAS #Blockchain #RegulatoryApproval #Finance #CustodySolutions #CryptoIndustry
π1
π USDC Treasury Mints 50 Million USDC on Ethereum
#USDC #Ethereum #stablecoin #cryptocurrency #liquidity #digitalassets #DeFi #blockchain #minting #ETH
According to BlockBeats, Whale Alert has reported that the USDC Treasury recently minted 50 million USDC on the Ethereum blockchain. This transaction was detected just a minute before the report was released, highlighting the ongoing activity and liquidity management by the USDC Treasury.
The minting of such a significant amount of USDC indicates the stablecoin's continued demand and usage within the cryptocurrency market. USDC, a popular stablecoin pegged to the US dollar, is frequently used for trading, lending, and other financial activities within the digital asset ecosystem. The Ethereum blockchain, known for its robust infrastructure and widespread adoption, remains a preferred platform for issuing and managing stablecoins like USDC.
This development comes amid a broader context of increasing stablecoin utilization, as market participants seek stability and liquidity in the volatile cryptocurrency landscape. The minting of new USDC tokens is a routine operation that reflects the dynamic nature of supply and demand in the digital currency market. As the market evolves, such activities are expected to continue, supporting the growing ecosystem of decentralized finance and digital transactions.#USDC #Ethereum #stablecoin #cryptocurrency #liquidity #digitalassets #DeFi #blockchain #minting #ETH
π Busan's Blockchain Regulatory-Free Zone Extended Until 2027
#Busan #Blockchain #RegulatoryFreeZone #Innovation #TechnologyDevelopment #SouthKorea #BlockchainProjects #Startups #Collaboration #BlockchainIndustry
According to Foresight News, the blockchain regulatory-free zone in Busan, South Korea, has had its designation period extended by three years, now set to last until 2027. Initially established in 2019, this zone is the only one of its kind in South Korea, designed to foster the development of various projects utilizing blockchain technology.
The extension of the regulatory-free zone is seen as a significant move to continue promoting innovation and experimentation within the blockchain sector. By providing a space free from regulatory constraints, Busan aims to attract more blockchain projects and companies to test and validate their technologies. This initiative is part of a broader strategy to position Busan as a leading hub for blockchain development and innovation.
The decision to extend the zone's designation reflects the ongoing commitment of local authorities to support the growth of blockchain technology. It also highlights the importance of creating an environment where new technologies can be explored without the immediate pressures of regulatory compliance. This approach is expected to encourage more startups and established companies to participate in the zone, potentially leading to significant advancements in blockchain applications.
As the only regulatory-free zone in the country, Busan's initiative serves as a model for other regions considering similar approaches to technology development. The success of this zone could influence future policies and strategies aimed at integrating blockchain technology into various sectors. With the extension now in place, stakeholders are optimistic about the potential for new projects and collaborations to emerge, further solidifying Busan's role as a key player in the blockchain industry.#Busan #Blockchain #RegulatoryFreeZone #Innovation #TechnologyDevelopment #SouthKorea #BlockchainProjects #Startups #Collaboration #BlockchainIndustry
π Bitcoin NFT Sales Surge Over 80% in Past 30 Days
#Bitcoin #NFT #CryptoSlam #DigitalAssets #Cryptocurrency #Investment #SalesSurge #MarketTrends #BTC
According to Odaily, recent data from CryptoSlam reveals a significant increase in Bitcoin's on-chain NFT sales over the past 30 days. The sales have surged by more than 80%, surpassing $167 million. This notable growth highlights the rising interest and activity in the Bitcoin NFT market, reflecting broader trends in the cryptocurrency and digital asset sectors.
The increase in sales volume indicates a growing demand for Bitcoin-based NFTs, which are becoming increasingly popular among investors and collectors. This trend is part of a larger movement within the cryptocurrency space, where NFTs continue to gain traction as a viable form of digital asset investment. The surge in Bitcoin NFT sales also underscores the potential for further expansion and innovation within this segment of the market.
As the NFT market evolves, Bitcoin's role in this space is becoming more pronounced, attracting attention from both seasoned investors and newcomers. The recent sales growth may encourage more participants to explore opportunities within the Bitcoin NFT ecosystem, potentially driving further advancements and adoption in the coming months.#Bitcoin #NFT #CryptoSlam #DigitalAssets #Cryptocurrency #Investment #SalesSurge #MarketTrends #BTC
π1
π Base Mainnet TVL Surpasses $3.85 Billion
#BaseMainnet #TVL #Blockchain #Cryptocurrency #DeFi #Investment #Ecosystem #Growth #CryptoCommunity
According to BlockBeats, data from Dune reveals that the total value locked (TVL) on the Base mainnet has exceeded $3.85 billion, reaching $3.852 billion as of November 27. This milestone highlights the growing adoption and utilization of the Base network, reflecting increased confidence and investment in its ecosystem.
The Base mainnet's TVL growth is indicative of the broader trends in the blockchain and cryptocurrency sectors, where networks are competing to attract more users and capital. The increase in TVL suggests that more assets are being bridged and stored on the Base network, which could be attributed to various factors such as enhanced network features, improved security measures, or attractive incentives for users and developers.
This development is significant as it underscores the competitive landscape of blockchain networks striving to establish themselves as reliable and efficient platforms for decentralized finance (DeFi) and other blockchain-based applications. The Base network's ability to surpass the $3.85 billion mark in TVL is a testament to its growing prominence and the trust it has garnered within the crypto community.#BaseMainnet #TVL #Blockchain #Cryptocurrency #DeFi #Investment #Ecosystem #Growth #CryptoCommunity
π Ethereum(ETH) Surpasses 3,400 USDT with a Narrowed 0.61% Decrease in 24 Hours
#Ethereum #ETH #USDT #cryptocurrency #Binance #trading #marketdata #priceupdate
On Nov 27, 2024, 04:19 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,400 USDT benchmark and is now trading at 3,401.449951 USDT, with a narrowed narrowed 0.61% decrease in 24 hours.#Ethereum #ETH #USDT #cryptocurrency #Binance #trading #marketdata #priceupdate
π BNB Surpasses 620 USDT with a Narrowed 3.20% Decrease in 24 Hours
#BNB #USDT #Binance #cryptocurrency #trading #marketdata
On Nov 27, 2024, 04:21 AM(UTC). According to Binance Market Data, BNB has crossed the 620 USDT benchmark and is now trading at 620 USDT, with a narrowed narrowed 3.20% decrease in 24 hours.#BNB #USDT #Binance #cryptocurrency #trading #marketdata
π Oracle Corporation Files Lawsuit Against Crypto Oracle LLC Over Trademark Infringement
#Oracle #CryptoOracle #trademarkinfringement #lawsuit #cryptocurrency #settlement #court #brandprotection #intellectualproperty
According to Odaily, Oracle Corporation, a leading software development company, has filed a lawsuit against cryptocurrency startup Crypto Oracle LLC and its owner, Louis Kerner. The lawsuit accuses them of resuming activities that infringe on Oracle's trademark rights and blatantly violating a previous settlement agreement.
Oracle initially sued Crypto Oracle in 2019, alleging that the company used Oracle's well-known trademark as part of its 'CryptoOracle' brand. This brand was reportedly used to market cryptocurrency-related services to Oracle's own clients and users. Following the lawsuit, both companies reached a confidential settlement, and in 2020, a court issued a permanent injunction prohibiting Crypto Oracle from using the 'CryptoOracle' name or any variations of Oracle's trademarks.
However, Oracle now claims that Crypto Oracle and Kerner have resumed using the 'CryptoOracle' name and brand. They are accused of launching new business ventures, maintaining infringing domain names, and organizing events under the 'CryptoOracle Collective' brand. These actions are said to be in violation of the settlement agreement and the court's injunction.#Oracle #CryptoOracle #trademarkinfringement #lawsuit #cryptocurrency #settlement #court #brandprotection #intellectualproperty
π Former CFTC Chair Supports States Including Bitcoin In Balance Sheets
#CFTC #Bitcoin #cryptocurrency #finance #digitalcurrencies #financialstrategies #institutionaladoption #publicfinance #fiscalpolicies #ChrisGiancarlo #BTC
According to Odaily, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Chris Giancarlo, has expressed his views on the potential for U.S. states to incorporate Bitcoin into their balance sheets. Giancarlo described this move as highly sensible and visionary, indicating his support for the integration of cryptocurrency into state financial strategies.
Giancarlo's comments come at a time when digital currencies are increasingly being considered by various governmental bodies as part of their financial frameworks. His endorsement highlights the growing acceptance and potential benefits of Bitcoin as a legitimate asset class. The former CFTC chair's perspective aligns with a broader trend of institutional adoption of cryptocurrencies, which has been gaining momentum over recent years.
The idea of states holding Bitcoin could pave the way for more widespread acceptance and utilization of digital currencies in public finance. Giancarlo's remarks suggest that such a strategy could offer states a forward-thinking approach to managing their financial portfolios, potentially leading to innovative fiscal policies that embrace the evolving digital economy.#CFTC #Bitcoin #cryptocurrency #finance #digitalcurrencies #financialstrategies #institutionaladoption #publicfinance #fiscalpolicies #ChrisGiancarlo #BTC
π OpenAI Secures $1.5 Billion Investment From SoftBank
#OpenAI #SoftBank #Investment #ArtificialIntelligence #AIResearch #Funding #EmployeeShares #TechInnovation #AIDevelopment #TechIndustry
According to Odaily, OpenAI has successfully secured a significant investment of $1.5 billion from SoftBank. This new funding round marks a substantial financial boost for the artificial intelligence research organization, which has been at the forefront of AI development and innovation.
The investment from SoftBank is expected to provide OpenAI with the necessary resources to further its research and development efforts. This funding will also enable the company to expand its capabilities and explore new opportunities in the rapidly evolving field of artificial intelligence. Additionally, the investment underscores SoftBank's confidence in OpenAI's potential to drive advancements in AI technology.
In a related development, OpenAI has announced that it will allow its employees to sell their shares through a tender offer. This move provides an opportunity for employees to realize the value of their equity in the company, reflecting OpenAI's commitment to rewarding its team for their contributions to its success. The tender offer is expected to enhance employee satisfaction and retention, further strengthening OpenAI's position as a leader in the AI industry.#OpenAI #SoftBank #Investment #ArtificialIntelligence #AIResearch #Funding #EmployeeShares #TechInnovation #AIDevelopment #TechIndustry
π Inflation Trends Show Slow Improvement As PCE Index Rises
#Inflation #PCEIndex #Economics #FederalReserve #CorePCE #PricePressures #EconomicTrends
According to BlockBeats, inflation pressures have significantly decreased since peaking two years ago, although the pace of improvement has slowed in recent months. The Personal Consumption Expenditures (PCE) index, the Federal Reserve's preferred measure for assessing price pressures, is central to this analysis. The Federal Reserve aims to maintain the PCE inflation rate at approximately 2% over the long term to ensure a healthy economic state.
Economists predict that the PCE price index for October will increase by 0.20% month-over-month and 2.30% year-over-year. When excluding the more volatile food and energy prices, the core PCE inflation rate is expected to rise by 0.30% month-over-month and 2.80% year-over-year.
Despite expectations of an increase in both indicators compared to September, analysts believe that price pressures continue to improve. Russell Price, the Chief Economist at Ameriprise Financial, noted that the higher readings in October "do not disrupt the long-term trend."
It is important to note that due to the impact of daylight saving time and the Thanksgiving holiday, the PCE data will be released at 21:30 UTC+8 on Wednesday, rather than the usual 20:00 on Thursday.#Inflation #PCEIndex #Economics #FederalReserve #CorePCE #PricePressures #EconomicTrends
π Utah Judge Denies Appeal In SEC Lawsuit Against Crypto Mining Promoter
#Utah #SEC #CryptoMining #Fraud #Lawsuit #GreenUnited #InvestmentContracts #HoweyTest #JudgeAllen #Bitcoin #CryptoNews
According to Cointelegraph, a federal judge in Utah has rejected an appeal to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC) against a promoter involved in an alleged fraudulent crypto mining operation. The scheme reportedly amassed $18 million through deceptive practices. On November 26, Judge Ann Marie McIff Allen denied Kristoffer Krohnβs appeal against her earlier decision from September 23, which allowed the SEC's lawsuit against Green United LLC to proceed. Judge Allen stated that Krohn did not present sufficient grounds for an appeal, emphasizing that there was no substantial disagreement on the legal principles involved in her previous ruling.
Krohn had argued for the dismissal of the lawsuit, claiming that the SEC failed to prove that the "Green Boxes" offered by Green United were investment contracts, as alleged in the regulator's complaint. He further contended that the SEC had misapplied elements of the Howey test, which is used to determine what constitutes a security. However, Judge Allen refuted Krohn's arguments, stating that he selectively used terms from different definitions without providing any legal precedent to support his interpretation. The judge maintained that Krohn's arguments lacked legal foundation and did not warrant an interlocutory appeal.
The SEC's lawsuit, filed in 2023, accuses Green United executives of orchestrating a fraudulent crypto mining scheme. The operation allegedly collected $18 million from investors between April 2018 and December 2022 by selling investments in "Green Boxes" and "Green nodes," which the SEC claims were purported to mine Bitcoin. In addition to Krohn, Green United founder Wright Thurston has also sought to have the lawsuit dismissed, though the outcome of his request remains pending.#Utah #SEC #CryptoMining #Fraud #Lawsuit #GreenUnited #InvestmentContracts #HoweyTest #JudgeAllen #Bitcoin #CryptoNews
π Security Alert Issued for OceansGallerie on SUI Network
#SecurityAlert #OceansGallerie #SUI #Blockchain #DecentralizedPlatforms #RugPull #UserCaution #DigitalAssets #FinancialLoss #RiskManagement
According to BlockBeats, on November 27, SlowMist issued a security alert regarding the AI-driven social aggregation platform, OceansGallerie, operating on the SUI network. The platform is currently considered to be at high risk, with suspicions of a potential rug pull. Users are advised to exercise increased caution when interacting with the platform.
The alert highlights concerns over the security and reliability of OceansGallerie, urging users to remain vigilant and take necessary precautions to protect their assets. The warning comes amid growing scrutiny of decentralized platforms and the risks associated with them, particularly in the rapidly evolving landscape of blockchain technology.
As the situation develops, users are encouraged to stay informed and monitor updates from reliable sources. The potential for financial loss underscores the importance of due diligence and awareness in navigating the complexities of the digital asset space. This alert serves as a reminder of the inherent risks present in emerging technologies and the need for proactive measures to safeguard investments.#SecurityAlert #OceansGallerie #SUI #Blockchain #DecentralizedPlatforms #RugPull #UserCaution #DigitalAssets #FinancialLoss #RiskManagement
π Hyperliquid Addresses Sybil Activity in Decentralized Derivatives Platform
#Hyperliquid #SybilActivity #DecentralizedDerivatives #Crypto #Blockchain #Fairness #Integrity #UserParticipation #Exploitation #PointsSystem
According to Foresight News, decentralized derivatives trading platform Hyperliquid has identified over 27,000 addresses operated by approximately 100 individuals attempting to gain disproportionate points through large-scale and systematic activities. In response to this behavior, Hyperliquid has implemented measures to adjust the points for these addresses, multiplying them by either 2% or 20%, depending on the extent of the Sybil activity. Affected addresses will be marked with 'Sybil Activity Detected' on the points page.
Hyperliquid has allocated 8 million points for activities in May and 8.4 million points for activities in October and early November, bringing the total points to 57.9 million. This move is part of Hyperliquid's efforts to maintain fairness and integrity within its platform by addressing and mitigating manipulative behaviors that could undermine the system's balance. The platform's actions highlight the ongoing challenges faced by decentralized systems in ensuring equitable participation and preventing exploitation by a small number of users.#Hyperliquid #SybilActivity #DecentralizedDerivatives #Crypto #Blockchain #Fairness #Integrity #UserParticipation #Exploitation #PointsSystem
π Suspicious Activity Detected in OCEANS/SUI Pool
#SuspiciousActivity #OCEANS #SUI #LiquidityRemoval #PeckShield #DecentralizedFinance #CryptoCommunity #SecurityMeasures #Investigation #CryptocurrencyValuation
According to Odaily, PeckShield has detected suspicious activity reported by the community involving the removal of liquidity from the OCEANS/SUI pool. The address 0x4a7a was primarily responsible for removing approximately 116.9 million OCEANS tokens, which were then exchanged for 34,000 SUI tokens, valued at around $115,000.
This incident has raised concerns within the community, prompting further investigation into the motives and implications of such a significant liquidity shift. The removal of such a large amount of OCEANS tokens could potentially impact the pool's stability and the value of the involved cryptocurrencies. Community members and stakeholders are advised to stay informed and exercise caution as more details emerge about this activity.
The monitoring and reporting of such activities are crucial in maintaining the integrity and security of decentralized finance platforms. As the situation develops, it is essential for users to remain vigilant and for platforms to enhance their security measures to prevent similar occurrences in the future.#SuspiciousActivity #OCEANS #SUI #LiquidityRemoval #PeckShield #DecentralizedFinance #CryptoCommunity #SecurityMeasures #Investigation #CryptocurrencyValuation
π Banzai International Allocates Funds For Bitcoin Investment
#BanzaiInternational #Bitcoin #Investment #Cryptocurrency #FinancialDiversification #EconomicUncertainties #MarketingTechnology
According to Odaily, Banzai International, Inc., a publicly traded company on NASDAQ under the ticker BNZI, has announced a strategic decision by its board of directors to invest in Bitcoin. The company plans to allocate up to 10% of its financial accounts for purchasing and holding Bitcoin. This move is aimed at diversifying its financial assets and hedging against inflation.
Banzai International is recognized for providing essential marketing and sales solutions as a marketing technology company. The decision to invest in Bitcoin reflects a growing trend among corporations seeking to leverage cryptocurrency as a means of financial diversification and protection against economic uncertainties. By allocating a portion of its funds to Bitcoin, Banzai aims to enhance its financial strategy and adapt to the evolving economic landscape.#BanzaiInternational #Bitcoin #Investment #Cryptocurrency #FinancialDiversification #EconomicUncertainties #MarketingTechnology
π Cantor Fitzgerald Highlights Inflation Risks, Suggests Gold And Bitcoin As Hedges
#CantorFitzgerald #InflationRisks #Gold #Bitcoin #InvestmentHedges #StockMarket #CoreInflation #ETFs #FinancialStrategies #BTC
According to Odaily, Cantor Fitzgerald's bi-weekly macro report released on Tuesday highlights ongoing challenges posed by inflation, emphasizing significant upward risks. The report advises investors to consider gold and Bitcoin as potential hedges against inflation. Despite the Federal Reserve initiating a rate-cutting cycle in September, core inflation has remained above 2% for four consecutive years, indicating substantial inflationary pressures.
Cantor Fitzgerald predicts a rise in the stock market by the end of the year; however, it expresses a less optimistic outlook for the medium term, suggesting that stocks might not be a favorable investment choice. The financial institution reiterates concerns about inflationary risks, noting that even with core inflation consistently above 2%, the threat remains significant. In response to this challenge, Cantor Fitzgerald recommends proactive measures for investors, identifying gold and Bitcoin as effective tools to combat inflation. The report explicitly states, "Our view is to purchase Bitcoin and gold to address the inflation theme."
To assist investors with similar strategies, the report lists several exchange-traded funds (ETFs) related to gold and Bitcoin for further monitoring. The Bitcoin ETFs mentioned include iShares Bitcoin Trust (IBIT.US), ARK 21Shares Bitcoin ETF (ARKB.US), Grayscale Bitcoin Trust (GBTC.US), CoinShares Valkyrie Bitcoin Fund (BRRR.US), Invesco Galaxy Bitcoin ETF (BTCO.US), VanEck Bitcoin Trust (HODL.US), WisdomTree Bitcoin Fund (BTCW.US), Fidelity Wise Origin Bitcoin Trust (FBTC.US), Bitwise Bitcoin ETP Trust (BITB.US), and Franklin Bitcoin ETF (EZBC.US).#CantorFitzgerald #InflationRisks #Gold #Bitcoin #InvestmentHedges #StockMarket #CoreInflation #ETFs #FinancialStrategies #BTC
π π₯ Binance Announces Thena (THE) Integration Across Multiple Services π₯
#Binance #Thena #THE #Crypto #Trading #Investing #Earn #MarginTrading #Futures #AutoInvest #BuyCrypto #ZeroFees #PerpetualContracts #Leverage #FundingRate #MultiAssetsMode
Binance has announced the addition of Thena (THE) to its platform, integrating the asset across Binance Earn, "Buy Crypto," Binance Convert, Margin, Auto-Invest, and Futures. Users can now leverage THE across multiple Binance services, enabling flexible trading, investing, and earning opportunities.Hereβs a breakdown of Thenaβs availability across Binance services:Key Launch Dates for Thena (THE) (H2)Earn ProductsFlexible Products Listing: Available for subscription on Binance Simple Earn starting 2024-11-27 at 10:00 UTC.Auto-Invest: From 2024-11-28 at 10:00 UTC, users can purchase THE through Binance Auto-Invest.Buy CryptoUsers can buy THE using VISA, MasterCard, Google Pay, Apple Pay, or wallet balances within an hour of THEβs listing on Binance Spot.ConvertTrade THE against BTC, USDT, and other tokens at zero fees via Binance Convert within one hour of THEβs Spot listing.Margin TradingStarting 2024-11-27 at 12:00 UTC, THE will be added as a borrowable asset on Cross and Isolated Margin, including the THE/USDT pair.Important: Check the latest Margin Data for limits, collateral ratios, and rates.Futures Launch: THEUSDT Perpetual Contracts (H2)Binance Futures will debut the USDβ-M THE Perpetual Contract on 2024-11-27 at 12:15 UTC, featuring:Leverage: Up to 75x.Settlement Asset: USDT.Funding Rate Cap: Β±2.00%, settled every 4 hours.Key Contract Details (H3)ContractTHEUSDT PerpetualLaunch Time2024-11-27 at 12:15 UTCLeverageUp to 75xTick SizeTo be confirmedTrading Hours24/7Funding RateΒ±2.00% (Initial cap)Multi-Assets ModeUsers can trade THEUSDT Perpetual Contracts across multiple margin assets using Binance's Multi-Assets Mode. For example, BTC can be used as margin when trading these contracts.What to Know About THEUSDT Perpetual Contracts (H2)Funding Fee Settlement Frequency: Every four hours.Dynamic Adjustments: Binance may modify contract specifications, including funding fees, leverage, and margin requirements based on market conditions.Compliance: THEUSDT contracts are subject to Binanceβs Terms of Use and Futures Service Agreement.#Binance #Thena #THE #Crypto #Trading #Investing #Earn #MarginTrading #Futures #AutoInvest #BuyCrypto #ZeroFees #PerpetualContracts #Leverage #FundingRate #MultiAssetsMode