Binance and RedotPay Dispute Singapore Lawsuit: What It Means
Binance and RedotPay are contesting a lawsuit playing out in Singapore, with the two firms on opposing sides of a dispute that centers on how RedotPay allegedly handled Binance users. The case is being argued in a Singapore legal venue, and the claims remain contested rather than resolved.
Binance Sues RedotPay Over Alleged $473 Million in User Losses
The case centers on a claim by Binance that activity connected to RedotPay is linked to about $473 million in user losses . The figure is an allegation set out in the filing, not an established or adjudicated fact.
Binance Futures to Launch USD-Margined GRVTUSDT Perpetual Contract
The perpetual format signals a derivatives listing rather than a spot-market addition. Traders access price exposure to GRVT through the contract instead of buying or holding the underlying token directly.
Binance to Discontinue Mainnet Support for Sophon (SOPH)
The core of the change is narrow and specific: Binance, one of the largest cryptocurrency exchanges by trading volume, plans to stop supporting the Sophon (SOPH) mainnet. The affected asset trades on the platform under the SOPH/USDT market , and the announcement names Sophon as the network in question.
Binance Red-Teams Its Own Staff Every Month to Keep Hackers Out
Binance says it runs monthly red-team exercises against its own staff, an internal security drill designed to probe how employees respond to attacks and to keep hackers from gaining a foothold inside the exchange.
Binance to Add 10 bStocks Tokenized Securities as Collateral Assets
When an asset is accepted as collateral on an exchange, it can be pledged to back positions or borrowing rather than sitting idle in a wallet. That distinction is the core of this announcement: the tokens gain utility as backing, not just as something to buy and sell.
Binance Futures to Adjust KORUUSDT Contract Size on July 15
The adjustment targets the contract size of the USD-margined KORUUSDT perpetual contract on Binance Futures . This is a contract specification update, not a delisting or suspension of the trading pair.
Plume Brings RWA Yield to Binance Wallet via nBasis Vault on Nest
The nBasis Vault serves as the delivery mechanism, packaging real-world asset yield into a format accessible through Binance Wallet. This is a notable step for Plume, which has been building partnerships around real-world asset tokenization across multiple platforms.
Binance to Support Metal DAO (MTL) Network Upgrade and Hard Fork
The decision means Binance will handle the technical requirements of the chain transition on behalf of its users.
BNB Agent Studio Adds CoinMarketCap Data Access via Binance Pay B402
The integration connects three distinct Binance ecosystem products: BNB Agent Studio, which lets developers build AI agents on BNB Chain; CoinMarketCap, the widely used crypto data aggregator; and Binance Pay's B402 protocol , which handles the payment layer between agents and data providers.
Binance Margin Delists TST and IOTX on July 10
Binance will remove TST and IOTX from its Margin and Loan services on July 10, requiring affected users to close or settle any open positions tied to these tokens before the cutoff date.
Binance Records $1.23 Billion in Weekly Outflows, Highest in Over 3 Years
Binance reportedly recorded $1. 23 billion in net weekly outflows, marking the largest single-week withdrawal wave from the exchange in more than three years.