Latest Binance Updates – May 2025
🔥 Increased Market Activity
On May 21, 2025, Binance reported heightened trading activity across several pairs. Notably, WIF/USDT, FET/USDT, and NOT/USDT were among the most traded. The FET/USDT pair, associated with AI-related assets, showed strong performance as investor interest in AI projects continues to rise.
🚀 HUMA Finance Launchpool Project
Binance introduced HUMA Finance (HUMA) as its 70th Launchpool project. Users can stake BNB, FDUSD, or USDC from May 23 to May 25 to farm HUMA tokens. HUMA is a PayFi protocol aiming to bridge traditional and decentralized finance (DeFi), offering innovative credit and payment solutions.
New Features and Trading Contracts
Binance Futures launched BMTUSDT and MUBARAKUSDT perpetual contracts with up to 25x leverage.
New AI-powered smart wallets have been rolled out, offering enhanced security and automated key management.
Berachain (BERA) has been added to various Binance services including Simple Earn, Convert, Margin, and Futures.
Legal Developments
In Nigeria, Binance is under scrutiny for alleged tax evasion. The Nigerian government claims over $79.5 billion in losses and $2 billion in back taxes. A federal court has adjourned the case to May 12, 2025, for further hearings.
