Binance Announcements - December 1, 2023
Binance Announcements - December 1, 2023
Binance makes several additions and updates. They add $BLUR, $VIC, and more pairs on Cross Margin and Isolated Margin. Binance supports the @0xPolygon $MATIC network upgrade and hard fork. Liquid Swap removes selected liquidity pools. Binance opens trading for multiple spot trading pairs. They complete the conversion of New Bitshares $NBS token balances to $USDT. Binance supports the Arweave $AR network upgrade and hard fork. They remove #BTC and $ETH from DeFi Staking. Convert adds $BEAMX and $VIC. Binance adds $GFT and more pairs on Cross Margin and Isolated Margin.
Time for this week鈥檚 #Binance announcements. Thread on all the latest 馃У
Binance Reaffirms 1:1 Asset Backing with Proof of Reserves System
Binance continues to maintain its Proof of Reserves (PoR) system, ensuring all user assets are backed 1:1. The system, launched two years ago, employs advanced zk-SNARKs technology to verify user funds. Key features: - Real-time verification of asset backing - Public accessibility for transparency - Advanced cryptographic security Users can verify their assets directly through the [Binance PoR portal](https://www.binance.com/en/proof-of-reserves). This commitment to transparency marks a continued evolution in crypto exchange security standards.
Binance Alpha to List RCADE Token with Airdrop
Binance Alpha announces the listing of RCADE token on July 9th, 2025. Key points: - Eligible users can claim RCADE airdrop using Binance Alpha Points - Claims open when trading begins on Alpha Events page - Specific airdrop details pending announcement Binance has recently updated their airdrop distribution model to a two-phase system: **Phase 1**: Higher Alpha Points threshold for initial claim period **Phase 2**: Lower threshold with first-come-first-served distribution *Stay tuned to official Binance channels for complete details*
Binance Receives Recognition from Hong Kong Police for Anti-Money Laundering Efforts
Binance has received formal recognition from Hong Kong's Police Force for their contribution to Operation NIGHTSTRIKE, a major anti-money laundering operation that resulted in the seizure of HK$118M. Key developments: - Collaboration with Hong Kong's CCB (Commercial Crime Bureau) - Discussions with ICAC on crypto compliance - Part of Binance's ongoing support for global financial crime prevention This follows a February meeting between Binance CEO and Hong Kong Police leadership to strengthen cooperation against financial crimes. [Learn more about the collaboration](https://www.binance.com/en/blog/ecosystem/binance-ceo-meets-with-hong-kong-police-leaders-to-advance-cooperation-against-financial-crimes-8122645423825090091)
Binance Turns 8
Binance celebrates its 8th anniversary with a subtle brand refresh. The cryptocurrency exchange has updated its visual identity, maintaining its core design elements while introducing refined aesthetics. - New glowing signage spotted globally - Brand evolution reflects company maturity - Original ecosystem values remain unchanged The refresh represents Binance's continued commitment to innovation while honoring its established position in the digital asset space.
Binance Expands Monitoring Tags to New Tokens
Binance has announced an expansion of its Monitoring Tag system to include three additional tokens: $BAKE, $IDEX, and $SLF. This follows their January 2024 initiative where several privacy coins were tagged for potential delisting risks. **What is a Monitoring Tag?** - Indicates tokens at risk of being delisted - Serves as a warning system for traders - Allows users to make informed trading decisions Users holding these assets should monitor official Binance announcements for updates regarding these tokens' status. [Read full announcement](https://www.binance.com/en/support/announcement/d542f33541414ba5b1289b8812d452de)