🔶 Big Sis @Yi He joined the 「Binance Learning Camp」 dinner remotely, speaking without notes the whole time, but sharing plenty of insights
Beng Beng pulled together a few key takeaways to share with everyone:
1️⃣ Hacking incident: Security is an ever-escalating battle between attackers and defenders
It’s said that on the day of the theft, both Cousin @CZ and Big Sis stayed unusually calm and just wanted to resolve the incident as quickly as possible.
She admitted that Binance had indeed fallen short on security this time, but the losses were still within what the platform could absorb.
2️⃣ Bitcoin and quantum attacks: Technical challenges are always there
He Yi believes quantum computing could indeed pose a threat to Bitcoin, and Binance will also invest resources in related research.
3️⃣ Issuing tokens is like issuing debt: Financial freedom may actually weaken the drive to build
He Yi mentioned that she had believed as early as 2017 that:
Issuing tokens is essentially similar to issuing debt: it means raising funds on the basis of an individual’s or project’s reputation, and also entails long-term responsibility.
4️⃣ Why did token listings used to send prices up, but now they can easily mark the top?
5️⃣ Crypto’s shortage of assets: Profitable projects may not issue tokens, and projects that issue tokens may not be profitable
He Yi mentioned that the industry is not short of businesses with genuine revenue.
For example, some wallets, trading tools, DEXs, and others already have solid profitability, yet may not issue tokens.
6️⃣ Binance’s future: More than just a Crypto exchange
He Yi believes user needs are becoming more segmented.
Some focus on Meme, some like swing trading, some invest for the long term, and others care more about returns from wealth management.
7️⃣ AI products: Start with a demo and keep iterating
Her ideal AI financial assistant would directly understand users’ intentions, develop strategies, and execute trades.
8️⃣ User trust and long-term operations matter more than short-term buzz
🔶 At the learning camp, we heard Anco share how Binance Wallet is becoming a super hub for the on-chain ecosystem
1️⃣ A brand-new Meme social experience:
We’re continually improving the experience for Meme traders on the App and Web, making trading smoother and more intuitive.
Here’s a preview: a brand-new Meme trading mode is coming to mobile soon. Stay tuned!
2️⃣ Embracing AI, with rapid growth in Agent Wallets:
We hear the number of Binance Agent ID redemptions has now surpassed 170,000+.
This massive traffic has driven developers to create many spin-off experiences and generated wealth opportunities. More ideas are taking shape in the community.
3️⃣ Diverse prediction market experiences:
Through deep integration with predict fun @Predictdotfun , trading volume in the 5-minute price movement market has already surpassed Polymarket’s.
Since integrating with the wallet, predict has reached a cumulative trading volume of $946 million, with 446,700+ cumulative trading users.
User needs in prediction markets are becoming more diverse. Beyond politics, macroeconomics, and sports, short-term crypto price predictions are also developing into their own trading category.
4️⃣ Opening up capabilities to empower developers and unlock more productivity:
We’re bringing the vision of Agent ID and Agentic Wallet to life, giving AI Agents their own independent MPC wallets.
They can perform on-chain operations while adhering to safeguards such as segregated funds, independent daily limits, and authorization controls.
The wallet has also opened up many SKILL and MCP capabilities to empower the developer community, including on-chain smart money signals, token audits, and Alpha discovery.
In the age of AI, software is no longer the barrier. What’s scarce is the spillover of “high-quality data” and “open capabilities.”
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In the past, wallets mainly answered the question: “Where should I store my assets?”
Now, wallets are looking to answer a bigger question: “What can I do with my assets here?”
And in the age of AI, you can choose which on-chain operations to let an Agent handle for you in Binance Wallet @Binance Wallet .
Looking forward to more new features!
👉 Available exclusively in Binance Wallet. If you don’t have a Binance Wallet yet, please:
How North Korean hacker groups divide their work, and a look at the methods behind their past “major cases”
North Korea may be the only country to have turned the hacking industry into a pillar of its national economy
Groups work together, targeting everything from banks and other financial institutions to software supply chains
The scale of their workforce, the breadth of their infiltration, and the extent of the damage they cause are likely all unmatched
👉 Yesterday, Binance published its investigation report on the hack
The methods show similarities to past attacks by North Korean hackers
1️⃣ Lazarus Group: broad-spectrum cyberattacks
Covers intelligence theft, financial theft, and destructive attacks, and is the main actor behind multiple related operations
Notable cases: Sony Pictures (2014), WannaCry (2017), the 3CX supply-chain attack (2023), and the “Dream Job” recruitment-bait campaign
2️⃣ TraderTraitor: focused on cryptocurrency theft
Primarily targets exchanges, wallet service providers, and employees with access to critical privileges
Often approaches targets through fake job offers and technical tests, then uses stolen identities and credentials to gain access to wallets, transactions, or signing processes
3️⃣ Bluenoroff / APT38: initially targeted banks via SWIFT and ATMs, then shifted to cryptocurrency
Primarily targets banks, financial institutions, payment and transfer systems, and also cryptocurrency assets. A typical method is to infiltrate an institution, abuse transfer privileges, manipulate fund transfers, and potentially disrupt systems to cover its tracks
Notable operations: Bangladesh Bank (2016), FASTCash ATM cash-outs, and macOS malware targeting venture capital firms and project teams
4️⃣ AppleJeus / UNC4736: posing as trading software and fake investment firms to infiltrate DeFi teams over the long term
Poses as trading software and fake investment firms to infiltrate DeFi teams over the long term
Notable operations: Radiant Capital (2024), Drift (2026)
4️⃣ Andariel / APT45: stealing military and industrial technology, and raising funds through ransomware
Primarily targets defense, aerospace, nuclear energy, and engineering organizations to steal sensitive technical information; also attacks medical institutions for ransom
Notable operations: Maui ransomware, Upbit cryptocurrency theft (in collaboration with Lazarus)
5️⃣ Kimsuky / APT43: intelligence gathering focused on think tanks, diplomats, and nuclear policy experts
Primarily targets government officials, think tanks, academics, research institutions, and media organizations, stealing emails and research materials through spear-phishing, impersonation, and other methods
🔶 Back on Phu Quoc after just half a month, and I’ve checked into what may be the world’s most beautiful Marriott
As soon as I walked into the room, I spotted practical goodies from Binance that everyone can use: a handheld fan, mosquito repellent, sunscreen, a waterproof phone pouch ... So thoughtful!
As a sponsor, TrustWallet prepared nasal inhalers, cooling balm, and even hangover medicine for everyone.
It started pouring as soon as I landed on Phu Quoc last night, providing everyone with a huge supply of natural liquidity 😆
I hope this past October was the market bottom, and that everyone will see liquidity go through the roof from here on out 🙏
Today’s challenge: spend all day using Binance Pay!
Cut supply and grow revenue! Starting in October, both the supply side and revenue side of $ENA have seen significant changes.
The latest round of mechanism adjustments by Ethena @Ethena Labs is noteworthy because it addresses both investor unlocks and value returning to the token.
👉 Supply side: Monthly unlocks for original investors end
The remaining investor tokens, originally scheduled for monthly releases, will unlock all at once on October 5, 2026.
At the same time, the Foundation used OTC transactions to buy back some of the unvested tokens held by early major investors who had previously sold ENA.
👉 Revenue side: Protocol growth brings value back to ENA
The ENA Fee Switch has passed governance. Its first activation threshold is a 14-day average USDe supply of $7.5 billion.
Once this threshold is met, 95% of the net revenue from related businesses paid to the Ethena Foundation will be used to buy back ENA.
The reserve disclosure on October 23 showed that USDe supply was about $4.631 billion, still short of the first activation threshold. Let’s wait for good things to happen!
🔶 U.S. earnings season is coming! Get earnings previews and results analysis on Binance Square!
There’s also the #币安神算子 event, featuring prediction markets where you can bet on earnings expectations, powered by @Predictdotfun .
👉 PumpPump has put together a simple analysis of these earnings prediction markets:
1️⃣ Microsoft $MSFTB / Earnings date: 10.28
Last quarter, EPS of $4.74 significantly beat expectations of $4.24, while revenue of $90.01 billion also exceeded expectations of $87.62 billion.
Demand in the Azure market is very strong, and revenue growth is expected to accelerate again in 2027, making a beat highly likely.
2️⃣ Google $GOOGLB / Earnings date: 10.28
Most of Q2’s gains came from SpaceX and Anthropic.
Excluding investment gains, IBD estimates core Q2 EPS at around $2.85.
The Q3 consensus is around $3.04. Strong Cloud performance supports earnings, but gains from equity investments could be a drag.
3️⃣ Visa / Earnings date: 10.27
The estimate is around $3.44, with a slight beat expected.
Cross-border payments remain resilient, but customer incentives, expenses, and tax rates could limit the scope for a beat.
4️⃣ Amazon $AMZNB / Earnings date: 10.29
AWS grew by around 37% last quarter, supporting continued profit growth. I’m confident it will beat expectations.
5️⃣ Eli Lilly LLY / Earnings date: 10.29
The company has forecast around $4.2 billion in third-quarter expenses related to acquisitions of drug candidates in development. Tirzepatide has also been reported to carry a very slight risk of causing blindness.
Weight-loss drugs are selling well, but that may not be enough to offset the risk of results falling short of expectations.
This is just a brief analysis based on my own understanding. Feel free to copy my homework if you like.
But on Binance Square, many experts from institutions and highly skilled traders will share more professional analysis with everyone.
😆 Traditional brokerages are embracing crypto—even Futu has added an on-chain gateway for BNB?
Futu has officially enabled deposits and withdrawals for $BNB . Professional investors in Hong Kong can now also deposit funds into their Futu crypto accounts via BEP20.
👉 The business case behind traditional brokerages embracing crypto is very real:
The more of users’ asset allocation needs a platform can meet, the better its chances of retaining those users and their trading activity.
➤ For Futu, offering BNB trading and deposits and withdrawals adds another way to serve BNB holders and reach on-chain users.
➤ For BNB, this is also an expansion of its reach.
Brokerages already have customer relationships, trading interfaces, and service systems in place. By integrating with one, BNB gains another gateway to traditional finance users.
🔶 Binance Wallet x USDai Finance Flash Campaign: 17% combined APR, just a few days left to share the $CHIP prize pool
This round of the campaign ends in less than a week (September 29, 2026).
The source of USDai's annualized yield is somewhat unique: sUSDai's yield primarily comes from GPU financing spreads, not funding rates.
USDai is a stablecoin protocol built around financing AI infrastructure, and is pegged 1:1 to the US dollar.
sUSDai is the yield-bearing receipt you get when you stake USDai. Its yield is reflected in an increase in sUSDai's NAV, without relying on token issuance.
👉 What makes up the 17% combined APR:
1️⃣ Base yield: approximately 7%, from GPU infrastructure loans and stablecoin reserves.
If the base yield falls below 7%, the Yield Reserve makes up the difference, providing a floor.
2️⃣ Binance Wallet Boost: up to approximately 10%, with a $300K CHIP prize pool distributed in CHIP and a daily prize pool of $10,000 CHIP.
GPU is the capital-intensive foundation of the AI era, and USDai's yield from GPU financing spreads remains very robust.
Even after the Binance Wallet campaign ends, this underlying annualized yield is still well worth earning.
Catch the last few days of the campaign and get in on it now~
👀 So I’m a born trading-call genius? Binance Wallet’s Social Trade feature is here
PumpPump shared two on-chain takes, and has already earned 30u in profit sharing. Could I really be one-in-a-million at calling trades? 😂
👉 Binance Wallet @Binance Wallet has launched the “Share Position Insights” feature:
Buy a position, share your insights based on it, and earn rewards when your insights lead to trades by other users.
What’s more, insights are now connected across Binance Square and Binance Wallet. That means people can see your trading calls from your wallet—even on Square.
Talk is cheap, show me your bag!
Head to the on-chain Square and share your position insights!
By the way, since you’re already on Square, why not vote for PumpPump as a “Long-form/Video Creator” too? 😆
👉 If you don’t have a Binance Wallet yet:
https://web3.binance.com/referral?ref=1PUMP
Use PumpPump’s referral code 【 1PUMP 】 to save 30% on fees.
🔶 If I had to sum up Binance Square today in one sentence, I’d say: bursting with life, with everything thriving and competing to grow.
I didn’t expect Blockchain 100 to get this intense on just the second day. Today, I’m tied for fourth across categories with @解构师Beyond .
The “New Generation” category is the most competitive this year, but it also shows just how many new creators have joined Square this year.
As a content platform focused on crypto and U.S. stocks, Binance Square is becoming increasingly influential, and its value is being recognized by projects and KOLs alike.
From content mining and livestream tips to the task hub—and soon, “engagement rewards” as well—
Square is offering creators of all kinds a range of ways to monetize their content.
The better the creators, the better Square becomes. If you want to become a KOL, choosing Binance Square is absolutely the right move.
👉 Lastly, don’t forget to head over to Square and vote for PumpPump in “Annual Long-Form Article/Video Creator.”
GRVT @grvt_io is evolving from an ordinary perpetuals DEX into an “on-chain investment app”—and there’s a lot in store over the next 6 months.
From now until GRVT 2.0 launches on November 30, the plan is to release 4 products.
That means a new release milestone every 1–2 weeks.
👉 GRVT’s flywheel is taking shape:
Trading volume topped $5 billion in the first 120 days after launch, and monthly trading volume reached $51 billion by January.
GRVT has started monthly buybacks and burns. The first round saw 1.1 million $GRVT burned.
The coming months will be a busy period for new GRVT products, attracting more users and trading volume. The buyback-and-burn flywheel will also support the native token.
The perps market is now entering its second half. Platforms that keep evolving will survive; those that can’t keep up with the market will fall behind.
GRVT looks like it’s in the first camp—the opportunity may be here!
🤔 It processed over 1 billion on-chain transactions without a single server—and now your old phone at home can put in some work too!
Acurast runs on 335,000 phones. Quite a few were dug out of drawers, had cracked screens, and were originally headed for the e-waste pile.
The idea is to turn smartphones into computing nodes. Code runs in the phones’ hardware Trusted Execution Environments, without relying on any data centers.
More than 335,000 phones connected across over 175 countries, processing over 1 billion on-chain transactions and completing more than 440,000 deployments in total.
The project has raised $11 million to date, with investors including Ethereum co-founder Gavin Wood @gavofyork .
👉 The four uses of $ACU :
1️⃣ Compute payments—and every payment is burned
The Acurast community introduced dynamic pricing through an on-chain vote:
Prices for phone computing power are no longer set manually by node owners. Instead, they’re automatically calculated based on on-chain hardware benchmark scores. The more powerful the device, the higher the price per unit.
The $ACU compute fees developers pay for deployments aren’t sent directly to compute providers; they’re burned at the protocol level and permanently removed from circulation.
The more the network is used, the more tokens are burned.
2️⃣ Compute incentives, funded by fixed inflation
Acurast has a fixed annual inflation rate of 5%. Based on an initial supply of 1 billion, about 50 million new tokens will be issued in the first year, with 35 million going to the compute staking pool.
Rewards aren’t split equally among participants. They’re distributed according to verifiable compute contributions, while also encouraging token consumption.
3️⃣ Staking and governance
Staking on Acurast isn’t simply about locking up tokens to earn interest—it’s a commitment to provide computing power.
Committers who run phones lock up ACU and commit to maintaining a certain percentage of measured compute capacity, up to 80%.
Delegators who don’t run hardware can delegate their tokens to a Committer and share in their rewards.
With fees burned, verifiable compute allocation, and real hardware commitments, ACU is one of the few DePIN tokens with real-world utility.
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It was also listed on the Korean exchange Bithumb on October 15, with more exchange listings to come.
By the way, Binance Alpha’s $ACU trading competition is also underway. You can use it to rack up more Alpha points these days—double-dip!