#BinanceTurns8 Binance is celebrating its 8th anniversary with a brand refresh and various promotions. The cryptocurrency exchange has updated its visual identity, maintaining core design elements while introducing refined aesthetics. Here are some key developments:

- *Brand Refresh*: Binance has introduced a new visual identity, including glowing signage spotted globally, reflecting the company's maturity while honoring its established position in the digital asset space.

- *Proof of Reserves*: Binance reaffirms its 1:1 asset backing with a Proof of Reserves system, employing advanced zk-SNARKs technology to verify user funds and ensure transparency.

- *Promotions and Giveaways*: Binance is hosting a virtual party with a crypto meteor shower, offering token vouchers, margin interest fee vouchers, and more. Users can collect "GR-8" meteorites by completing tasks to win rewards.

- *New Listings and Partnerships*: Binance Alpha will list the RCADE token with an airdrop, and users can claim rewards by completing tasks. Binance has also received recognition from Hong Kong's Police Force for their anti-money laundering efforts.

- *Monitoring Tags*: Binance has expanded its Monitoring Tag system to include three additional tokens: $BAKE, $IDEX, and $SLF, serving as a warning system for traders.

Binance's commitment to innovation, transparency, and user experience continues to shape its position in the cryptocurrency market ¹.