Selected Events:

1. Circle: Native USDC will be launched on Polygon PoS on October 10th.

2. Binance will halt trading and delist the BETH trading pair on October 11th.

3. The US SEC and Binance.US holding company BAM will hold a hearing on October 12th.

October 9th

Digital asset trading platform Websea's platform coin WBS will officially go live tomorrow.

According to official sources, Web3 digital asset trading platform Websea's platform token WBS will officially launch on October 9th. According to the information released by the official website, 60% of the total WBS will be distributed to the community. With the upcoming launch of WBS, the platform's activity has increased, and new users can receive WBS rewards for registering. Websea is a Web3.0 digital asset trading platform designed for young people around the world. The platform has a dual-account security system, intelligent copy trading, and other innovative services. At the same time, the platform token WBS's economic model is designed based on Web3.0 attributes, and rewards WBS to all platform participants and contributors.

Binance will update the funding rate upper and lower limits of some U-based perpetual contracts to 3% and -3% from October 9th.

According to the official announcement, Binance Futures will adjust the funding rate settlement frequency of some of its U-based perpetual contracts from every eight hours to every four hours on October 12, 2023 at 16:00 (GMT+8). Starting from October 09, 2023 at 16:00 (GMT+8), the upper and lower limits of the funding rate for some of Binance's U-based perpetual contracts will be updated to 3% and -3%. This adjustment applies to all U-based perpetual contracts with a maximum leverage of 25x or below.

OKX will launch leveraged trading, simple coin earning, and perpetual contracts for RNDR/USDT on October 9 at 16:00

According to the official announcement, OKX will officially launch leveraged trading, simple coin earning, and perpetual contracts for RNDR/USDT on its website, app, and API at 16:00 (UTC+8) on October 9, 2023.

OKX will launch leveraged trading and perpetual contracts for FRONT/USDT on October 9 at 12:00

According to the official announcement, OKX will officially launch leveraged trading, simple coin earning, and FRONTUSDT perpetual contract for FRONT/USDT on its website, app, and API at 12:00 noon on October 9th.

October 10th

Circle: Native USDC to launch on Polygon PoS on October 10th

According to Circle's official blog, native USDC will be launched on Polygon PoS on October 10th, which will open up the transition from bridged USDC for ecosystem applications, developers, and users. This transition will also stop supporting deposits and withdrawals of bridged USDC through Circle accounts and its API on November 10th, and Circle accounts and its API will only support native USDC. Prior to the launch of native USDC, USDC on block explorers such as PolygonScan will be renamed to USDC.e in Ethereum bridged form. Ecosystem applications will also be contacted to make the same changes to their application UI and documentation.

October 11th

Binance will suspend trading and delist the BETH trading pair on October 11th.

According to official sources, Binance will delist and stop trading the BETH trading pairs, including BETH/ETH, BETH/USDT, and BETH/BUSD, at 16:00 on October 11, 2023 Beijing time. All open orders will be automatically cancelled after each trading pair is delisted. Trading bot services for the aforementioned spot trading pairs will also be terminated. Users are advised to update or cancel their trading bots before the trading bot service stops to avoid losses. Users can continue to use the WBETH/ETH and WBETH/USDT spot trading pairs.

October 12th

The US SEC and Binance.US holding company BAM will hold a hearing on October 12th.

According to The Block, a Washington D.C. judge has encouraged Binance and the U.S. Securities and Exchange Commission (SEC) to collaborate and provide more information on how Binance.US handles customer assets. Binance.US holding company BAM stated that the SEC's request for documents is "overly broad and burdensome." The SEC and BAM have agreed to hold a hearing on October 12th and submit a joint status report by October 10th.

Volatility Shares will launch an Ethereum futures ETF on October 12th.

Bloomberg's senior ETF analyst, Eric Balchunas, posted on social media that the Volatility Shares Ethereum Futures ETF will be listed on October 12th. BlockBeats previously reported that on August 1st, Volatility Shares planned to launch an Ethereum Futures ETF called "Ether Strategy ETF", which will invest in cash-settled Ethereum futures contracts traded on the Chicago Mercantile Exchange (CME) and will not directly invest in Ethereum.

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