Here are some of the latest Binance news:
- SEC Drops Lawsuit: The US Securities and #MyCOSTrade Exchange Commission (SEC) has formally dropped its lawsuit against Binance and co-founder Changpeng Zhao. This decision comes after a joint motion to dismiss the case was filed in federal court in Washington, D.C. on May 29.
- BNB Chain Upgrade: BNB Chain has closed the speed gap with Ethereum as the Maxwell hard fork hits the testnet. This upgrade aims to improve the performance and efficiency of the BNB Chain network.
- New Listings and Airdrops: Binance has announced several new listings and airdrops, including the Tokyo Games Token (TGT) and Nexpace (NXPC) token. The exchange has also launched live trading to foster interactive crypto education.
- Market Trends: Binance Coin (BNB) is currently trading at $656.75, with a slight decrease in price. The token's market cap remains one of the largest in the industry ¹ ².
- Binance Labs-backed Sophon: Sophon, a entertainment-focused Layer 2 network, will debut on major exchanges with 900 million tokens set for airdrop.
- Corporate Crypto Treasuries: Corporate interest in digital assets is gaining momentum, with public companies increasingly allocating Bitcoin and Ethereum to their balance sheets, according to Binance Research's latest weekly report #TradingTypes101 #MarketPullback #BinanceAlphaAlert #ElonMuskDOGEDeparture @Wadood555 @Crypto Universe official @余小鱼 $BNB