Ceffu recently uploaded 3,851 ETH worth $11.13 million to Binance. Two addresses associated with Justin Sun started withdrawing USDT from Binance. Stacks (STX Coin) announced that the “Nakamoto” upgrade has been delayed again. And more…
There is news from ETH, STX Coin and 4 altcoins!
Ceffu uploaded 3,851 ETH to Binance
cryptokoin.comAs you follow from , the market is facing harsh selling. In this environment, whales are shifting tokens to exchanges. Binance institutional custodian Ceffu recently uploaded 3,851 ETH worth $11.13 million to Binance, on-chain watchdog ‘ai_9684xtpa’ reported. In the last 8 hours, Ceffu transferred 3,851 ETH, $41.75 million worth of stablecoin. He also transferred $55.68 million worth of token assets, including other tokens, to Binance.
Justin Sun started withdrawing USDT from Binance
Over the last 5 hours, two addresses associated with Ethereum whale Justin Sun have started withdrawing USDT from Binance, on-chain watchdog ‘ai_9684xtpa’ reported. In this context, the addresses transferred a total of 67.65 million USDT. Balina deposited 30.37 million of this back to JustLend. According to the data, the whale still has 27.35 million USDT from CEX. The observer interpreted this development as Sun ending its ETH purchases.
Stacks (STX Coin) “Nakamoto” upgrade delayed again
Bitcoin L2 network Stacks (STX Coin) announced that the “Nakamoto” upgrade has been delayed again. Stacks (STX Coin) stated that another eight weeks of development time is needed. Mitchell Cuevas, president of the Stacks Open Internet Foundation, wrote that core developers have identified the need for more advanced signer resiliency/recovery capabilities and expect an additional eight weeks of development and testing before the second hard fork brings activation capabilities. Meanwhile, according to the plan, the code for the new ‘signer flexibility’ function will be finished on July 15. Additionally, Stacks (STX Coin) plans to launch its activation on August 28.
Binance Labs announced its investment in Movement Labs
Binance Labs, the investment arm of Binance, the world’s largest crypto exchange, gave another investment news. Accordingly, Binance Labs announced that it invested in the cryptocurrency project called Movement Labs. In this context, Binance Labs shared the following from its X account:
We invested in Movement Labs. Movement Labs is the first integrated Blockchain network to integrate smart contract security and parallelization through zero-knowledge rollups.
Qubic announces upgrade to node operators
According to the official announcement, PoW AI platform Qubic has announced that it will launch version v1.201.0. He also noted that node operators must manually upgrade to the new version. The kernel code of the new version directly supports Qx operations. Thus, it improves ANN production and accelerates scoring.
Acala releases new technology roadmap and is launching an upgrade
Polkadot ecosystem DeFi protocol Acala has released a new technology roadmap. The project also plans to launch the Sinai Upgrade upgrade. This upgrade mainly includes: multi-chain integration and enhanced DeFi accessibility, strengthening the community through open governance, meeting the urgent need for security in the expanding multi-chain environment, establishing clear aSEED redemption standards, and promising a fair and transparent framework for remaining aSEED holders.
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