📰 Binance News Highlights – May 20, 2025
🚀 Xterio (XTER) Airdrop Now Live
Binance has launched the Xterio (XTER) airdrop via its Alpha platform. Eligible users with at least 194 Alpha points can claim 294 XTER tokens by spending 15 points before 8:00 UTC on May 20. Unclaimed tokens will be forfeited. Following the airdrop, XTER's price dropped by 15%, likely due to early profit-taking.
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📈 Bitcoin and Ethereum Show Strength
Bitcoin (
$BTC ) has surpassed $106,000, while Ethereum (
$ETH ) rebounded by 4.27% to over $2,500. DeFi tokens like AAVE and CRV also saw significant gains, rising 17.19% and 6.75%, respectively.
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⚠️ Security Alert: EIP-7702 Phishing Scam
GoPlus Security has issued a warning about a phishing scam targeting users of EIP-7702 smart accounts. A malicious delegator address is redirecting
$ETH from compromised wallets. Users are advised to verify wallet applications and revoke any suspicious permissions.
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🏛️ Binance Seeks Arbitration in U.S. Lawsuit
Binance has requested a U.S. federal judge to mandate arbitration for all members of a class-action lawsuit alleging the sale of unregistered securities. This move aims to shift the dispute from court to private arbitration.
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💸 Abraxas Capital Increases Ethereum Holdings
After a brief pause, Abraxas Capital has resumed accumulating Ethereum, purchasing 46,295 ETH valued at approximately $115.3 million. Since May 7, the firm has acquired a total of 350,703 ETH indicating strong institutional confidence in Ethereum.
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