Here are the latest updates on the Binance platform as of May 1, 2025:
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🔄 Platform and Product Updates
• Binance Wallet Upgrade: Binance announced an update to its wallet that includes support for trading the SUI token, personalized financial recommendations, a leaderboard for meme coins (MEME), and detailed pages for the data of these coins. 
• Adjustment of Funding Rate Settlement: Starting May 2, 2025, Binance Futures will adjust the frequency of funding rate settlements for USDⓈ-M perpetual contracts to every hour, aimed at improving user experience. 
• New Offers in Binance Earn: Binance is offering returns of up to 19.9% APR on limited-time offers within the Binance Earn platform, along with the inclusion of new assets such as HYPER, INIT, and KERNEL as lendable assets. 
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⚠️ Changes in Listings and Support
• Removal of Digital Tokens: Binance announced the removal of spot trading pairs for four major digital tokens: ALPACA, PDA, VIB, and WING, effective May 2, 2025. Withdrawals will remain available until July 4, 2025, after which any remaining balances may be converted to stablecoins, with a warning that this conversion is not guaranteed. 
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📈 Market Performance
• Increase in Bitcoin Price: The price of Bitcoin has surpassed $96,000, with a 1.22% increase over the last 24 hours. 
• Decline in BNB Price: The price of Binance Coin (BNB) has decreased by 0.63% to reach $603. 
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🎁 Events and Rewards
• Daily 'Red Packet' Event: Binance offers users a daily chance to win free cryptocurrencies by correctly answering a simple question. Today's answer is: BDLS5AE2 . 
• Alpha Points Upgrade: Starting May 1, 2025, users can earn additional Alpha Points by purchasing Alpha tokens on the BSC network or executing specific buy orders, effectively doubling the qualifying trading volume. 
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🌍 Global Expansion
• License in Dubai: Binance has obtained a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), allowing it to offer services to both individual and institutional clients. $$PEPE