$BNB SEC Drops Lawsuit Against Binance US*: The US Securities and Exchange Commission (SEC) has dropped its lawsuit against Binance US, filing for a joint motion to dismiss the case. This development comes after nearly three years of legal proceedings.

- *Binance Executive Released After 8-Month Detention*: Tigran Gambaryan, a Binance executive, has been released from detention in Nigeria after eight months. He was cleared of all charges and has since left the company.

- *Binance Hires Ex-Gemini CEO for European Regulatory Guidance*: Binance has appointed Gillian Lynch, former CEO of Gemini, to navigate Europe's regulatory landscape. This move signals Binance's commitment to compliance and expansion in the European market.

Market Updates

- *BNB Price Surge*: Binance Coin (BNB) has seen a significant price surge, with predictions of a potential breakout fueled by recent token burns and rising active addresses. BNB is currently trading around $684.

- *Hyperliquid (HYPE) Listing*: Binance US has listed Hyperliquid's HYPE token, which surged to $37 after the listing announcement.

- *Stablecoin Supply Growth*: Stablecoin supply has crossed $250 billion, driven by investor optimism. Binance's report highlights the growing importance of stablecoins in the cryptocurrency market.

Other News

- *Binance's Crypto Inheritance Tool*: Binance founder Changpeng Zhao (CZ) has proposed a "will function" for crypto platforms, allowing users to designate heirs for their digital assets in the event of their passing.

- *Binance's Transparency Tools*: Binance has introduced transparency tools to show insider token holdings, providing greater visibility into tokenomics.