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**Q:** Can you submit multiple pieces?
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**Q:** Eager to know about award distribution?
**A:** Awards will be on their way within 15 working days after the activity's wrap-up. Keep an eye on Profile > Reward Hub.
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**Q:** Can you recycle old content?
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**Q:** What's the deadline for token voucher redemption?
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🔄 **Terms & Conditions Update:**
**Q:** Can the terms change during the Binance activity?
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Binance to Introduce Bonk (BONK) Listing with Unique Seed Tag Application
In a significant move for crypto enthusiasts, Binance is gearing up to list Bonk (BONK), marking a strategic step in the ever-evolving landscape of digital assets. Scheduled to commence spot trading on December 15, 2023, at 08:00 (UTC), the introduction of BONK on Binance brings forth exciting opportunities for traders worldwide.Spot Trading Pairs and DepositsBinance users can anticipate the availability of spot trading pairs, including BONK/USDT, BONK/FDUSD, and BONK/TRY. The deposit option for BONK is already open, allowing users to prepare for trading activities.Withdrawals and Listing FeeCome December 16, 2023, at 08:00 (UTC), the withdrawal option for BONK will be activated, providing users with the flexibility to manage their assets. Notably, the listing fee for BONK stands at 0 BNB, offering a user-friendly approach to engaging with this new addition to the Binance platform.BONK as a Borrowable Asset on Isolated MarginIn an additional development, Binance is set to integrate BONK as a borrowable asset on Isolated Margin, introducing a new margin pair, BONK/USDT. This strategic move reflects Binance's commitment to expanding its offerings and catering to diverse trading preferences.Seed Tag ApplicationIt's essential to highlight that BONK will be distinguished with a Seed Tag. This designation underscores its classification as an innovative project, potentially exhibiting higher volatility and risks compared to other listed tokens on Binance.Understanding Bonk (BONK)BONK is recognized as the largest meme coin on Solana, created by an anonymous team. Its listing on Binance opens up new avenues for traders to engage with this unique digital asset.Risk Considerations and Seed Tag QuizzesAs a reminder, traders are urged to exercise caution when dealing with BONK, acknowledging its status as a relatively new token carrying higher-than-normal risk. It is advised to conduct thorough research on BONK's fundamentals and fully comprehend the project before participating in trading activities.The Seed Tag, an emblem of innovative projects with potential volatility and risks, will be applied to BONK. Traders seeking access to tokens with Seed Tags are required to pass corresponding quizzes every 90 days on Binance Spot and/or Binance Margin platforms. This ensures users are aware of associated risks before engaging in transactions with tokens carrying Seed Tags. The Seed Tags, along with a risk warning banner, will be prominently displayed on relevant Binance pages.ConclusionBinance's decision to list Bonk (BONK) reflects the platform's commitment to providing a diverse range of digital assets while prioritizing user awareness and risk management. The introduction of BONK with its unique Seed Tag marks a notable chapter in Binance's ongoing efforts to evolve and meet the dynamic demands of the crypto community. Traders are encouraged to stay informed, exercise due diligence, and embrace the opportunities presented by this latest addition to the Binance ecosystem. The crypto journey continues with BONK on board.#BinanceListing #BONK #cryptosolutions
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In an effort to boost metaverse gaming, Animoca Brands has announced its acquisition of Azarus, a pioneering platform in blockchain-based game streaming. The move is designed to incorporate Azarus's innovative technology into Animoca Brands' portfolio to improve the streaming capabilities of Web3 games. The transaction price for acquiring a majority stake in Azarus has not been disclosed.
Animoca Brands, which has made significant investments in multiple Web3 game companies, is eager to reinforce its standing as a major player in the rapidly evolving Web3 space. The strategic acquisition helps align Animoca Brands' broader objective of utilizing Web3 technology to establish an economy that is powered by players, where creators, gamers, and streamers have control over their digital property rights.
The merger of Azarus's expertise in blockchain-enabled game streaming and Animoca Brands' proficiency in creating and publishing digital games is expected to significantly contribute to this goal.
Aiming to turbocharge a significant shift in the gaming culture, where Web3 becomes the foundational layer of incentivization, Animoca Brands envisions Azarus's technology stellarly helping gamers. The technology will enable gamers to unlock new revenue streams, reward their audience, and motivate their followers. As a direct result of these incentives, viewers would potentially be able to generate revenue for their favorite creators, thus encouraging them to produce top-tier content.
Beyond its unparalleled capability to engage and incentivize audiences, Azarus presents a unique opportunity to increase measurable viewer traffic to off-stream destinations, such as brand properties, ecommerce platforms, or Web2 and Web3 games, in a more organic way.
‣ Compare coin X with similar coins in terms of volume, Market Cap, total supply, and technology. ‣ Check the website, #X, Telegram of the coin has many strong increases to evaluate the nature of the community. ‣ Determine the current number of tokens and the coin's total supply ‣ Find out what causes coin prices to increase and decrease. ‣ Decide on the appropriate level of investment and profit and loss cuts.
‣ Limit checking your account frequently to avoid psychological impact. ‣ Maintain a portion of capital as a proportion in $BUSD or $USDT to optimize profits. ‣ Always keep a portion of your capital in BUSD or USDT ready to buy and sell. ‣ Monitor market trends to buy when the market drops and sell when the market rises. ‣ Patience and discipline are important in trading.
FTX CEO, Sam Bankman-Fried Denies Wrongdoing in Ongoing Court Case Despite Acknowledging 'Big Mistakes'
According to Cointelegraph: Sam Bankman-Fried, FTX’s CEO, defended himself in court this week, denying any illicit activities between FTX and Alameda Research. Despite admitting to "big mistakes" made during the two companies’ rapid expansion, Bankman-Fried insisted on his innocence in his ongoing trial in the Southern District Court of New York.
His official testimony started on Oct. 27, after a hearing on the previous day without the jury present. During the hearing, Bankman-Fried had difficulty addressing queries from government attorneys. However, he seemed better prepared the following day when facing the jury.
Bankman-Fried's testimony highlighted his denial of instructing his inner circle to make million-dollar political donations in 2021. He also claimed that FTX's Terms of Use covered interactions between Alameda and the crypto exchange. Further, the former CEO explained that he had requested additional hedging strategies for Alameda throughout 2021 and 2022, but they were never implemented.
The examination of Bankman-Fried by his defense is expected to conclude on Oct. 30. Following this, cross-examinations by the prosecution and closing arguments from both sides will take place. Prosecutors have suggested that a rebuttal witness may appear next week to challenge the validity of another witness's testimony.
Bankman-Fried faces a prison sentence of up to 115 years if convicted on all fraud and conspiracy counts.
During his court appearance, he denied having influenced Ryan Salame, former co-CEO of FTX Digital Markets, and Nishad Singh, former director of engineering, to channel millions of dollars to political campaigns. Despite this, he acknowledged the significant part lobbying played in his efforts to establish a regulatory framework for crypto firms in the U.S. during 2021.
Bankman-Fried denied using customer deposits on FTX for political campaign contributions. Instead, he said political donations were made from the exchange’s own funds.
Furthermore, Bankman-Fried illustrated the unique role of Alameda on FTX. Alameda served as FTX's payment provider for wire transactions while the exchange was unable to have its own account. It was also the principal liquidity provider, market maker, and a client of FTX. However, his requested hedging strategies for Alameda remained unimplemented, exposing Alameda to significant harm during market downturns.
The CEO could face severe consequences if found guilty, providing a stark reminder of the high stakes involved when navigating the regulatory landscape of cryptocurrency markets.
Hi Binancians, The latest updates to Binance Square are available in app version 2.73. Make sure to update your app to the most recent version to access these essential enhancements. Here's a detailed breakdown of the new features and updates. Fear & Greed IndexThe Fear & Greed Index provides users with an overview of market sentiment, using up-to-date data to indicate how investors are currently feeling about the market. This index is designed to give users a broader understanding of sentiment and trading behavior, helping you make more informed decisions in the crypto market.You can also participate by voting on whether you think the market is bearish or bullish on Binance Square every day.Most Searched Tokens on BinanceThe new feature presenting the most searched tokens in the last 6 hours offers insights into Binance user behavior data. It gives users an idea of potential market trends and allows you to gain a better understanding of which projects are currently of interest within the community. It's important that you do your own research (DYOR) before making any investment decisions. Hyperlink Binance's URL on SquareCreators can enrich content by adding hyperlinks to other Binance articles or their historical Square articles.Note: third-party links are not allowed. Stay Updated with All Things Binance Square Follow the official Binance Square account to keep up with the latest news, features, and updates, and ensure you never miss important information. Your opinion matters to us! If there's a product or feature you want to see implemented on Binance Square, don't hesitate to let us know. Submit your ideas through our customer support, and together, we'll work towards making Binance Square even better. Thank you for being a part of our community!