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This Week at Binance: Sep 16 - 23, 2021


In today’s edition of This Week at Binance (Sep 16-23, 2021): We announced a positive step forward in our commitment to safeguard the crypto ecosystem, hosted our first NFT Tuesdays II webinar session and Binance Charity announced its goal to plant 10 million trees worldwide.

Fellow Binancians,

Autumn has arrived! For our Binancians from Asia, we hope you had a wonderful Mid-autumn festival. Did you know the Autumnal equinox, which typically falls on Sep. 22 or 23, is one of only two days each year when the Earth experiences exactly 12 hours of daylight and 12 hours of darkness? The more you know. Now for this week’s market recap.

Weekly Market Recap

This week we saw the total crypto market cap decrease around 9.7%, from ~$2.17T on Sep 16, 2021 to ~$1.96T at the time of writing. 

Bitcoin (BTC) experienced a bumpy week, trading at ~$46,942 on Sep 16, 2021, before falling to a weekly low of ~$39,876 on Sep 22, 2021.  It currently trades at ~$44,610 as of writing. 

During the same period, Ethereum followed a similar path, falling to a weekly low of ~$2,709 on Sep 22 2021. At the time of writing, Ethereum trades at ~$3,098

1. A Positive Development for the Future of Crypto

Our investigative team recently assisted the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) in identifying and disabling illicit accounts from a Russian-based entity known as Suex OTC. Stopping “bulletproof exchangers” like Suex is just one positive step of many for the future trajectory of crypto. We will continue to collaborate with law enforcement agencies worldwide, identifying and stamping out illicit activity from the crypto world.

Read our recent report on innovation, regulation and the future of the crypto industry

2. Tune in Next Week for Top NFT Tips for Artists and Collectors

Our first NFT Tuesday II webinar session is a wrap! Thank you to everyone who tuned in. If you missed the show, you can watch a full recording of the livestream on our YouTube channel. Next week on Sep. 28, 2-3pm (UTC), you’ll get the opportunity to learn how to collect and create NFTs like a pro. 

RSVP now and master the art of NFTs

3. Save the World One NFT at a Time

Binance Charity is teaming up with Binance NFT to plant ten million trees worldwide. Our fundraising campaign is open to both corporates and individuals. For every donation made, we’ll issue an NFT certificate encrypted with the details of the tree that was planted. As with every Binance Charity campaign, all proceeds will go to the project execution partners.

Learn more about Tree Millions

What’s Ticking On The Exchange

New listings this week:

  • Yield Guild Games (YGG): Yield Guild Games is a Decentralized Autonomous Organization (DAO) that invests in Non-Fungible Tokens (NFTs) used in virtual worlds and blockchain-based games. YGG is the platform utility token, which can be used for yield farming, staking for exclusive content and payment for network services.

  • Illuvium (ILV): Illuvium is a 3D, RPG blockchain game that involves collecting creatures and battling. ILV can be staked for in-game currency, passive income and voting privileges for governance proposals.

This Week’s Activities:

Global Binance activities:

  • Trade DOT and Win a Share of $100,000. Participate in our DOT trading competition to take home your share of the prize pool. (Read more)

Other Bits to Consider

  • Buy FTM, CELO, PERP & more using credit/debit card. Users can now purchase AR, BAND, CELO, CTSI, FTM, ICP, IDEX, IOTX, OGN, PERP and SAND using credit/debit cards with major fiat currencies via the Buy Crypto with Credit/Debit Card feature. (Read more)

  • Binance Staking Launches SRM and VGX Staking. Stake your SRM and VGX enjoy up to 9.25% APY. (Read more) 

  • Dual Investment 59th Phase. Subscribe to the 59th phase of Dual Investment products and enjoy a significantly higher interest rate. (Read more)

  • Trade on Binance P2P with BGN, HUF and MDL. You can now use BGN, HUF and MDL to trade in exchange for BTC, USDT, ETH, BNB, and BUSD—all with zero transaction fees. (Read more)

  • Try our new ONE/USDT Liquidity Pool. We’re excited to announce that Binance Liquid Swap has opened the ONE/USDT liquidity pool. Add liquidity to the pool and get a share of 750,000 ONE in yield-farming rewards. (Read more)

  • New changes to Binance Australia. As Binance constantly evaluates its product and service offerings to comply with local regulations, we will cease offering the following products to existing Australian users: Futures, Options and Leveraged Tokens (Read more)

  • PIVX Binance Savings. Subscribe to PIVX on Binance Savings and enjoy up to 50% APY. (Read more)

  • Shop the Vogue Singapore NFT collection. Featuring NFTs from Balmain Paris and more, this collection is Vogue’s latest entry in their fashion metaverse. (Read more)

  • Punch It Up with Oleksandr Usyk NFT Collection. Collect the trading cards for a chance to win signed boxing gloves and a personal training session with Usyk himself. (Read more)

  • Win a once-in-a-lifetime experience with Lewis Capaldi. Collect and trade the Lewis Capaldi NFT Mystery Box collection to win exclusive rewards. (Read more)

Level Up Your Crypto Game (With Academy Articles) 

  • Enter the Metaverse. Take a deep dive into the future of the internet—a persistent virtual universe where people can socialize, work, game and more. (Read more)

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