Binance announces the results of the first batch of voting for new tokens, launching MUBARAK, BROCCOLI714, TUT, and BANANAS31

According to the official announcement, based on the voting results and due diligence, Binance will launch Mubarak (MUBARAK), CZ's Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31) on March 28, 2025

Organizer: ChainCatcher

Important Events:

* Binance announces the results of the first batch of voting for new tokens, launching MUBARAK, BROCCOLI714, TUT, and BANANAS31 with seed tags.

* According to the official announcement, based on the voting results and due diligence, Binance will launch Mubarak (MUBARAK), CZ'S Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31) on March 28, 2025, at 05:00 (UTC+8), and open the following spot trading pairs: MUBARAK/USDT, MUBARAK/USDC, BROCCOLI714/USDT, BROCCOLI714/USDC, TUT/USDT, TUT/USDC, BANANAS31/USDT, BANANAS31/USDC.

* Tokens in the first batch of voting that have not yet been listed will still be considered for listing in the future, but they must undergo ongoing performance evaluations and comprehensive due diligence.

* U.S. SEC officially withdraws lawsuits against Kraken, Consensys, and Cumberland.

The SEC announced the withdrawal of lawsuits against Kraken, Consensys, and Cumberland and has issued relevant notices.

* U.S. SEC ends investigation into Crypto.com, takes no further action.

FOX Business reporter Eleanor Terrett stated that informed sources revealed that the U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into Crypto.com and will not take any further action against the trading platform.

* South Carolina Bitcoin Reserve Bill will allow 10% of state funds to be invested in Bitcoin.

According to Bitcoin Laws, the South Carolina Bitcoin Reserve Bill (H4256) will allow the state treasurer to invest 10% of state funds in Bitcoin. The cap for Bitcoin reserves is set at 1 million BTC. The bill was proposed by Representative Jordan Pace.

* Hyperliquid optimizes risk management mechanism and will compensate JELLY long position users.

According to Hyperliquid's announcement, due to abnormal trading events in the JELLY market, users holding long positions in JELLY will be compensated at a price of 0.037555 at settlement. This compensation benefits all JELLY traders except for marked addresses. Event recap:

Hyperliquid has strengthened risk management, including:

- Introducing a dynamic risk management system that can identify and respond to market anomalies in a timely manner.

LIQUID aims to continue optimizing the system and enhancing risk prevention capabilities.

* Zhao Changpeng responds to Abu Dhabi MGX's $2 billion investment in Binance: No betting clauses and strategic considerations.

Zhao Changpeng responded on social media regarding "Abu Dhabi MGX's $2 billion investment in Binance," stating, "There are no betting clauses, and there are no strategic considerations (at least from my personal perspective)."

* Terraform Labs will open a portal for crypto asset loss claims on March 31, deadline April 30.

According to the official announcement from Terra, Terraform Labs' crypto asset loss claims portal will open on March 31, 2025. Creditors can submit eligible crypto asset loss claims through the claims website, providing proof materials such as wallet addresses/read-only API keys and completing the claim form. The deadline for claim submissions is April 30, 2025, at 23:59 (Eastern Time), and late submissions will not be accepted.

* Zhao Changpeng: Token prices should be determined by the project's own development, and listing should not affect prices.

Zhao Changpeng tweeted, "In fact, listing should not affect prices. Of course, listing provides liquidity, allowing for freer entry and exit. In the short term, it may have an impact on prices (both up and down). But this should be very short-term. In the long run, prices should be determined by the project's own development. The DEX model is great; all tokens are listed, and people choose for themselves."Must Read Articles:

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* Hyperliquid PR review: After technical first aid, how should brand trust be restored?

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* Interview with SOL Strategies CEO: The first Solana futures ETF is launched, and we are not just a 'Solana version of MicroStrategy'.

In the early history of cryptocurrency, the largest holders were often individual investors or institutions that had been following Bitcoin for a long time and had strong technical capabilities.

* VCs find new marketing ideas for "VC coins".

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