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Binance Alpha Features Degen (DEGEN) With Airdrop for Eligible Users

Binance has announced that Degen (DEGEN) is now featured on Binance Alpha, with an exclusive airdrop available to eligible users.Starting at 07:00 UTC on June 14, 2025, users with at least 245 Binance Alpha points can claim 13,862 DEGEN tokens via the Alpha Events page. Claiming the airdrop will deduct 15 Alpha points, and users must confirm their claim within 24 hours or the reward will be forfeited.New Airdrop Structure Coming June 19Binance also revealed changes to its Alpha Airdrop program, effective June 19, 2025:Phase 1: Users meeting a higher Alpha point threshold (X) can claim within a set time window.Phase 2: A lower threshold (Y < X) will apply, and claims will be first-come, first-served until the airdrop pool is exhausted or the event ends.Further details on the two-phase rollout will be announced soon.
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Binance to Host Discord AMA on Technical Analysis with Rewards

According to the announcement from Binance, the platform is set to host an Ask Me Anything (AMA) session on its Discord channel, focusing on Technical Analysis. Scheduled for 2025-06-13 at 14:00 (UTC), this session aims to educate participants on reading candlesticks and using indicators like RSI and MACD. It is designed for beginners and traders eager to enhance their market understanding.Participants in the AMA have the opportunity to win $150 worth of Binance SWAG and Red Packets. To be eligible, users must ask insightful questions related to the AMA topic in the #global-chat using the hashtag #BinanceAMA. Binance will select ten winners, each receiving $5 in USDC. Additionally, attendees who participate throughout the entire session will share a $70 prize pool in USDC Red Packets. The first three users to correctly answer a question at the end of the AMA will win exclusive Binance SWAG items.Eligibility for rewards requires users to complete identity verification (KYC). Winners will be announced in the #discord-news channel within a day after the event concludes. Red Packets will be distributed to winners' Spot Accounts within 14 business days. Those qualifying for Binance SWAG must contact the activity manager via Discord within a week to arrange reward delivery. Delivery of Binance SWAG may take up to 30 business days, with geographical restrictions potentially resulting in a Red Packet of equivalent value. Binance reserves the right to disqualify participants for fraudulent behavior or interference with program operations. The company may amend terms and conditions at its discretion without prior notice.
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Binance to Launch Roam Trading Competition with Token Rewards

According to the announcement from Binance, the platform is set to launch the Roam Trading Competition on Binance Alpha, offering participants the chance to earn exclusive token rewards. The competition will run from 2025-06-13 13:00 (UTC) to 2025-06-27 13:00 (UTC). During this period, users can trade ROAM tokens using their Binance Wallet (Keyless) or via Binance Alpha to qualify for the rewards. Participants will be ranked based on their total purchase volume of ROAM tokens, with the top 12,300 users sharing a total of 4,920,000 ROAM tokens, equating to 400 ROAM per user.The competition is open to all users eligible to trade Binance Alpha tokens, provided they use the specified platforms. Notably, only cumulative purchases are considered, and selling activities are excluded from the competition. There are no volume caps, allowing participants to trade without restrictions. However, transactions involving third-party dApps or token bridging are not eligible. To participate, users must update their Binance App, create and back up a Binance Wallet (Keyless), and trade ROAM during the promotion period. Winners will receive their rewards in their Binance Alpha accounts by 2025-07-11 16:00:00 (UTC).Binance emphasizes that only users from qualified regions who complete account verification (KYC) and maintain an active Binance Wallet are eligible. The platform reserves the right to disqualify participants involved in dishonest behavior or those who tamper with program codes. Binance also retains the discretion to amend the competition terms or cancel the event without prior notice. Participants are advised to be aware of the risks associated with digital asset trading, as prices can be volatile, and investments may result in losses. Users are encouraged to review the Binance Wallet Terms of Use and conduct their own research before participating.
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Binance's Role in Solving Crypto-Based Kidnapping Case

Binance Blog published a new article, highlighting the company's significant contribution to a kidnapping investigation involving cryptocurrency ransom laundering. The Binance Financial Intelligence Unit (FIU) played a crucial role in assisting Philippine law enforcement in unraveling a complex kidnapping-for-ransom case. The criminal operation involved ransom payments of approximately USD 3.75 million, which were funneled through multiple financial layers, including private casino junket operators, before being converted into cryptocurrency. Binance's intelligence support was instrumental in identifying several accounts linked to the suspects, aiding investigators in tracing the funds.The case presented significant challenges due to the sophisticated laundering techniques employed by the criminals. The ransom was routed through private casino junket operators, entities that organize travel and gambling trips for affluent casino patrons, and then dispersed through intricate laundering methods. Local authorities faced difficulties tracking the funds due to the complexity and layered nature of the transactions. However, Binance FIU's collaboration with law enforcement enabled the tracing of the digital flow of funds. Utilizing on-chain analytics, investigators pinpointed suspicious wallet activities and traced the laundered money across multiple platforms. An official from the Philippine National Police's Anti-Cybercrime Group emphasized the importance of Binance's prompt assistance in advancing the investigation.The laundering scheme mirrored a broader trend where criminal networks exploit both fiat and digital systems to launder illicit funds. Through Binance's cooperation, authorities traced a portion of the ransom funds on the blockchain, linking wallet activity to offshore gambling operations and suspected transnational criminal actors. This broadened the investigation's scope and underscored Binance's intelligence's potential impact in combating crime. Binance's swift response to law enforcement requests facilitated compliant data sharing and efficient investigative coordination, reflecting the company's commitment to global public-private partnerships in fighting financial crime.Recent successes in this area include Binance's support for Thailand's Operation Fox Hunt, which dismantled a criminal syndicate responsible for stealing $6 million through fake wallet scams, and the Royal Malaysia Police's recovery of $1.6 million in a cross-border kidnapping ransom. In the latter case, Binance's investigators used advanced blockchain analysis to identify suspects and trace fund movements, showcasing the power of public-private collaboration in addressing digital crime. Looking ahead, law enforcement agencies are expected to intensify efforts to dismantle the financial infrastructure enabling crypto-related crimes. With a focus on freezing and forfeiting illicit proceeds, authorities are adopting a more assertive and intelligence-led approach to digital asset investigations. This highlights the potential of public-private partnerships in disrupting sophisticated laundering operations. Binance remains committed to partnering with global law enforcement to trace illicit activity, support victims, and uphold the integrity of the digital finance ecosystem.
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Protecting Your Binance Account: Avoiding Face and QR Code Scams

Binance Blog published a new article, highlighting the increasing threat of scams targeting Binance users through fake face verification and QR code traps. These scams are designed to deceive users into granting access to their accounts, posing significant risks to their funds. The article emphasizes the importance of user vigilance and the necessity of using only official Binance communication channels to avoid falling victim to these scams. Crypto scams are evolving, and scammers are now employing sophisticated tactics to impersonate Binance support. They often request face videos or send QR codes under the guise of account verification or rewards. These scams rely on users trusting the wrong source, leading to potential account takeovers. The article details how these scams operate, with scammers using AI to mimic users or sending QR codes that, when scanned, allow them instant access to the victim's Binance account. The consequences can be severe, with scammers transferring funds before the breach is detected. The article provides a real-life example of a user named Lisa, who received a QR code via WhatsApp promising Binance rewards. After scanning it, her account was compromised, putting her crypto assets at risk. Fortunately, she managed to freeze her account in time, but the incident underscores the need for caution. Scammers often target users on social media platforms like WhatsApp, Telegram, and Facebook, exploiting their trust in supposed support messages or enticing offers. The article warns that regions with high device theft rates are particularly vulnerable, especially if devices are not secured. Binance's risk team is actively combating these threats through continuous monitoring and rapid response measures. They track fake support accounts and malicious QR code distributors, shutting them down swiftly. The team also emphasizes that any requests for videos or QR codes will only come from verified sources, such as the Binance app or website. Users are encouraged to report suspicious activities and secure their devices with strong passwords and two-factor authentication. To protect themselves, users are advised to follow a three-step safety checklist: refuse to send face videos to unverified sources, avoid scanning random QR codes, and secure their devices. The article concludes by reminding users that while Binance's support teams are available 24/7, personal vigilance is the first line of defense. By adhering to these guidelines, users can outsmart scammers and safeguard their crypto assets effectively.
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Binance Launches Refined Pro Mode UI with Customizable Widgets and AI Tools

Key Takeaways:Binance App Pro Mode gets a full homepage redesign with drag-and-drop widgets.New AI-powered tools provide social sentiment and token insights in real-time.Users can fully personalize their trading dashboard with enhanced visual design.Binance App Unveils Revamped Pro Mode ExperienceBinance has launched a redesigned user interface for its Pro Mode on the Binance App, introducing a more customizable and data-rich experience. The update, called Binance UI Refined, allows traders to tailor their homepage using interactive widgets, AI-powered insights, and an updated visual layout.What’s New in Binance UI Refined1. Customizable Drag-and-Drop WidgetsUsers can now build a personalized trading dashboard by adding, resizing, and rearranging widgets that deliver live market data, token trends, and performance metrics from top traders.2. AI-Powered Market InsightsA new AI Trending widget aggregates social sentiment, trading signals, and trending tokens from platforms like X (formerly Twitter) and Binance Square. This tool helps traders identify emerging opportunities based on real-time community activity.3. Enhanced Visual DesignThe interface introduces modernized fonts, cleaner spacing, updated icons, and a Midnight Dark Theme for reduced eye strain and improved readability.Available Widgets in Pro ModeAI Trending: Real-time token sentiment and trends from social media and Binance Square.Coin List: Explore categorized token lists with trade access and layout options.Coin Spotlight: Live price movements and quick trading access for selected tokens.Copy Trading: Track top trader performance with 7-day PnL data for Spot and Futures.ETF Net Flow: Monitor Bitcoin and Ethereum ETF inflows and outflows.Fear and Greed Index: Daily sentiment indicators for market timing.Hot Category: Identify top-performing sectors (e.g., AI, DeFi, Meme coins).Simple Earn: View current APRs for Flexible Earn products.The Binance UI Refined update enhances the Pro Mode experience with powerful customization, AI-driven insights, and a cleaner design. It reflects Binance’s ongoing effort to deliver a smarter and more adaptive trading interface for professional and advanced users.
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Understanding the Illusion of Control in Trading: Insights from Binance

Binance Blog published a new article, revealing insights into a recent trend affecting traders' perceptions and behaviors. The article delves into the psychological biases of the gambler’s fallacy and self-attribution bias, which can lead traders to develop an illusion of control over market outcomes. These biases can distort traders' understanding of probabilities and skill, pushing them towards gambling-like behavior that may result in overconfidence and significant losses.The gambler’s fallacy is the belief that a reversal is due after a streak, such as expecting a market bounce after a dip. This mindset is akin to betting on rain after a sunny week, despite each event being independent. In trading, this fallacy can lead to misinterpretation of market signals and risk assessment. Self-attribution bias, on the other hand, causes traders to over-credit their wins to skill while attributing losses to external factors. This bias can inflate a trader's ego, leading to overconfidence and risky decisions. Together, these biases create a false sense of control, encouraging traders to rely on gut feelings rather than sound strategies, potentially resulting in avoidable losses.The article provides a crypto case study to illustrate these biases in action. A trader experiencing quick wins on meme coins may develop a false sense of skill, leading to larger bets and eventual significant losses. The gambler’s fallacy convinces them that a rebound is inevitable, while self-attribution bias shields their ego from acknowledging poor decisions. This cycle of risky behavior and denial can lead to deeper losses and a disconnect from reality. The article emphasizes the importance of recognizing these biases and shifting focus from feeling in control to maintaining a disciplined trading process.To counteract the illusion of control, the article suggests several strategies. Traders should log their reasoning behind trades, not just the outcomes, to distinguish real insights from luck. Implementing a cooldown period before executing trades can help disrupt impulsive decisions. Setting a "confidence budget" limits the number of high-conviction bets, encouraging traders to pause and review their strategies. Additionally, creating a "win quarantine" after a streak can help reset the mental state and prevent reckless follow-ups. These practices aim to build awareness, discipline, and clarity, countering the biases that can lead to overconfidence and losses.In conclusion, the article highlights that when the gambler’s fallacy and self-attribution bias dominate, trading becomes more like gambling. Recognizing these biases and focusing on process over prediction can help traders maintain clarity and rationality. Consistent traders prioritize analysis and adaptation over chasing patterns or attributing luck to skill, ultimately gaining an edge in the market.
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Binance to Support Syrian Pound on P2P Platform

According to the announcement from Binance, the platform has introduced support for the Syrian Pound (SYP) on its Peer-to-Peer (P2P) trading service. This development allows users to trade SYP in exchange for major cryptocurrencies such as Bitcoin (BTC), Tether (USDT), Ethereum (ETH), and Binance Coin (BNB), among others. The addition of SYP expands the range of fiat currencies available on Binance P2P, providing users with more flexibility in their trading activities.On Binance P2P, users have the option to post trade advertisements or engage in direct cryptocurrency transactions using SYP with other users or verified merchants. This feature is designed to facilitate seamless trading experiences for both new and experienced users. Binance P2P offers a variety of payment methods, enhancing the convenience and accessibility of trading for users in different regions. The platform aims to provide a secure and user-friendly environment for cryptocurrency transactions.For those who are experienced in using Binance P2P and have a reliable source of cryptocurrency and SYP, there is an opportunity to join the Global P2P Merchant Program. Participants in this program can benefit from exclusive customer support, verified badges, and access to advanced trading tools. This initiative is part of Binance's efforts to enhance the trading experience and support its growing community of users. The introduction of SYP on Binance P2P reflects the platform's commitment to expanding its services and accommodating a diverse range of users globally.
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Binance to Upgrade USD Solution for XUSD Transactions

According to the announcement from Binance, the platform is set to enhance its USD solution, enabling a 1:1 exchange rate for USD to XUSD transactions with zero spread. This upgrade will be accessible to both VIP and non-VIP corporate users who have completed Know Your Business (KYB) verification in select jurisdictions. The new feature allows these users to buy and sell XUSD, USDT, and USDC using USD via SWIFT Bank Transfer. The key benefits of this upgrade include a 1:1 exchange rate for transactions ranging from $1 to $10 million, providing users with a cost-effective way to manage their digital assets. Additionally, the upgrade offers wide stablecoin access, simplifying the process of buying and selling XUSD, USDT, and USDC. Users can also expect bank-level security, as USD transfers will be conducted through trusted top-tier banking partners. The integration with SWIFT ensures reliable and fast transactions for both buying and selling. Binance notes that this service may be gradually rolled out to more regions, with further updates to be provided as the service expands. Users interested in utilizing this feature are required to complete KYB account verification to access the service. The announcement emphasizes that the service is currently available only in select jurisdictions, and users should stay informed about future expansions. The platform aims to provide a seamless and secure experience for corporate users engaging in USD to stablecoin transactions.
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