ChainCatcher News, a group of Democratic senators from the United States (including Maryland Senator Chris Van Hollen and Massachusetts Senator Elizabeth Warren) sent a joint letter to the Treasury Secretary and the Attorney General, requesting an investigation into the connection between Binance and the Trump family's digital asset project. The letter pointed out that the Abu Dhabi investment firm MXG completed a $2 billion investment in Binance through a USD1 stablecoin controlled by the Trump family in March of this year, raising concerns about compliance risks. In 2023, Binance pleaded guilty to violating anti-money laundering regulations, and its former CEO Zhao Changpeng was sentenced to prison.On May 9, Senate Democrats just delayed the passage of the "Preventing Current Officials from Profiting from Crypto Projects" provision in the Stablecoin Act. The joint letter requests that the Treasury and Justice Departments submit explanations on three aspects by May 21: the progress of Binance's compliance with the plea agreement, the timeline for exiting the U.S. market, and whether there have been discussions about a pardon for Zhao Changpeng.

According to ChainCatcher's message, on-chain analyst Yu Jin monitored that the whale 0x20b has withdrawn a total of 23.46 million USDC from Binance to Hyperliquid in the past 27 hours. Then, it shorted 187.5 HYPE with 5x leverage, with a position value of 45.77 million dollars.The average opening price is 20.4 dollars, and the liquidation price is at 30 dollars. Currently, the loss has reached 7.43 million dollars (-32%).

ChainCatcher news, according to data from Dune and BscScan on May 9, the Binance Alpha project in the BNB Chain ecosystem has performed outstandingly: over 70% of the 121 Alpha projects are BSC tokens, with 38% being BSC native projects, covering popular sectors such as AI, Meme, and DeFi. The trading volume of BSC tokens accounts for about 40% of the total trading volume of Alpha; weekly trading volume surged by 122.5%, and weekly trading value increased by 78%, indicating strong ecological growth momentum.Among the top 20 trading Alpha tokens, half are BSC native projects. In the top 10 Alpha tokens with new active users, 90% are BSC tokens, with 6 projects having new user proportions exceeding 20%; on-chain data for BSC has also surged: approximately 4.3 million new users in the past week, with the number of new addresses exceeding one million for two consecutive days, active addresses surpassing 2 million, and the total number of independent addresses on BSC reaching 552 million.Currently, 12 BSC project tokens have been listed on Binance spot trading through Alpha, forming a positive ecological cycle. In addition, an ongoing BSC Alpha trading competition is distributing rewards, counting double towards trading volume, and holding certain BSC Meme tokens qualifies for Binance airdrops.Thanks to low gas fees, high performance, and a large user base, BNB Chain is forming deep synergy with Binance Wallet and Alpha, becoming a core platform for project incubation, user growth, and wealth effect.

ChainCatcher news, according to Dune data, Binance wallet transactions account for 82.1% of the total transaction volume of mainstream crypto wallets, ranking first. Next is OKX Wallet/DEX with 3%, TokenPocket with 2.4%, Phantom with 2.3%, BitgetWallet with 1.7%, Coinbase with 1.6%, and MetaMask with 0.7%.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, based on today's Binance updated May reserve report analyzing its own capital changes over the past three months:BTC increased by 9,729 coins ($963,171,000)ETH increased by 8,033 coins ($15,262,700)USDT increased by 324,667,715 coinsBNB increased by 15,913 coins ($9,706,930)SOL decreased by 2,453 coins ($367,950)XRP decreased by 14,501,682 coins ($31,613,666)USDC increased by 1,696,637,283 coinsExcept for BTC and stablecoins, the reserves of other assets have hardly increased and even decreased. Although the holdings of ETH and BNB have increased by nearly $10 million, Binance's spot trading fees are charged based on the trading currency, and in reality, its own holdings still have decreased.

ChainCatcher news, according to analyst Yu Jin's monitoring, since the end of March, whales/institutions have been continuously withdrawing and accumulating PENDLE from Binance. In the past half hour, they have withdrawn 538,000 PENDLE (approximately $1.83 million) from Binance. Over the past month since the end of March, they have accumulated a total of 3.702 million PENDLE (approximately $11.04 million) through 6 addresses, with an average price of $2.98. Currently, they have an unrealized profit of $1.55 million (+14%).

ChainCatcher news, according to monitoring by @OnchainLens, an address recently withdrew 500 billion PEPE from Binance, equivalent to about 4.35 million dollars at the current price. This address currently holds approximately 2 trillion PEPE, with a total holding value of 17.36 million dollars.

ChainCatcher message, Abraxas Capital Mgmt (Heka Funds) withdrew 33,035 ETH, worth 60 million dollars, from Binance and Kraken 5 hours ago.

ChainCatcher news, according to the official announcement, Binance Wallet has launched a BNB Smart Chain trading competition on Binance Alpha. Users can share token rewards by trading B2, AIOT, MYX, and ZKJ through Binance Wallet (no private key) or via Binance Alpha. The event runs from May 7, 2025, 23:00 to May 22, 2025, 00:00 (UTC+8). Participants will be ranked based on four independent categories:B2 Trading Volume Pool: The top 5,000 users by B2 token trading volume during the event will share 883,000 B2 tokens (= 176 B2 per user).AIOT Trading Volume Pool: The top 10,000 users by AIOT token trading volume during the event will share 2,306,000 AIOT tokens (= 230 AIOT per user).MYX Trading Volume Pool: The top 5,000 users by MYX token trading volume during the event will share 5,117,000 MYX tokens (= 1,023 MYX per user).ZKJ Trading Volume Pool: The top 20,000 users by ZKJ token trading volume during the event will share 700,000 ZKJ tokens (= 35 ZKJ per user).Please note:Only trades made through Binance Wallet (no private key) or Binance Alpha qualify for this event; third-party dApp trades are not included.No trading volume limit: There is no limit on the trading volume for each participant in this event.The rewards in this event are not mutually exclusive; eligible winners who meet the above criteria can receive rewards from each trading task pool.Transactions related to cross-chain bridging do not count towards the trading volume for this event.

ChainCatcher news, according to OnChain Lens monitoring, a certain whale has withdrawn 1,402 ETH from Binance after being silent for 2 months, worth 2.56 million dollars, facing a loss of about 6 million dollars.The whale currently holds 6,653 ETH (12.17 million dollars), which is the accumulated amount over the past 10 months.

ChainCatcher message, "Affected by Binance's airdrop of Ethereum on-chain token Obol (OBOL) to eligible users," in the past three hours, the Binance Wallet contract has consumed 54.39 ETH, approximately $99,700, ranking first in Ethereum Gas fee consumption.

ChainCatcher news, according to the official announcement, Binance will launch the DOOD/USDT perpetual contract (up to 50x leverage) on May 9, 2025, and will open DOOD trading on Binance Alpha. The specific trading time will be announced on May 9, 2025.In addition, users who meet the Alpha Points threshold will receive a DOOD airdrop within 10 minutes after trading begins.

ChainCatcher news, according to official information, Binance announced an airdrop of 165 OBOL tokens to eligible users who hold at least 153 Alpha points. Additionally, users with Alpha points between 116 and 152 (inclusive) and whose Binance UID ends with 6 will receive a lucky airdrop of 165 OBOL tokens.Previous news, Binance Alpha will launch and open trading for Obol (OBOL) on May 7, 2025, at 18:00 (UTC+8). The Binance contract platform will launch the OBOLUSDT perpetual contract on May 7, 2025, at 18:30 (UTC+8), with a maximum leverage of up to 50 times.

ChainCatcher news, according to monitoring data from Arkham, about 20 hours ago, the Bhutanese government marked an address that transferred 570.001 ETH to a Binance hot wallet address, worth approximately 1.03 million USD.

ChainCatcher news, the Bhutanese government, in collaboration with Binance Pay and local digital bank DK Bank, has officially launched the world's first national-level cryptocurrency travel payment system. This innovative mechanism allows tourists with Binance accounts to enjoy a truly cashless, secure, and flexible end-to-end payment experience. Currently, over 100 local merchants have completed integration with DK Bank and Binance Pay.The system supports Binance Pay users to pay for almost all travel-related items in Bhutan using cryptocurrency, including flights to Bhutan, visa fees, and Sustainable Development Fee (SDF), hotel bookings, guide fees, attraction tickets, and local spending. The system supports over 100 types of cryptocurrencies, with payment methods covering both static and dynamic QR code scanning, ensuring instant transactions and secure fund transfers.Binance CEO Richard Teng stated, "We are excited to partner with Bhutan, which not only promotes the application of cryptocurrency in the travel sector but also sets a model for technology connecting culture and economy. This project showcases our commitment to innovation and our vision of empowering global connectivity and enriching travel experiences through digital finance."