ChainCatcher news, Binance founder Changpeng Zhao spoke in an AMA denying the rumors circulating in the market that "Binance sold Bitcoin to maintain the BNB price."Changpeng Zhao stated: "A few weeks ago, there were many rumors about Binance selling Bitcoin to protect the BNB price, and I personally only learned about this matter very late."

ChainCatcher news, Messari released the Venus report for the second quarter of 2023, which pointed out that Venus achieved interest income growth for the fourth consecutive quarter, reaching $11.5 million, bringing in $2.3 million for the DAO and $9.2 million for depositors.After the U.S. Securities and Exchange Commission (SEC) charged Binance, the price of BNB dropped, causing the total value of Venus to decrease by 12% quarter-over-quarter; due to adjustments in interest rate parameters, borrowing rates increased, leading to a decline in user activity in the second quarter, with the number of active borrowers and active depositors decreasing by 9% and 10%, respectively. By the end of the second quarter, the attackers' positions were about 10% away from liquidation (with BNB available for liquidation at a price of around $220). The interest expense for USDC and USDT loans in the second quarter was $1.3 million, with depositor yields forming approximately 11,000 BNB (following the depreciation of BNB).As of the end of the second quarter, there was still $647 million in liquidity available for lending, with BTC and BNB accounting for 76% of that value. The high utilization of stablecoins largely came from the massive positions held by BSC Token Hub attackers, which accounted for 59% of the total outstanding USDT debt and 64% of the USDC debt.Additionally, a significant portion of the outstanding loans has remained unpaid since the liquidation events involving CAN, XVS, and LUNA in 2021 and 2022. Specifically, at least 95% of the BTC loan balance, 24% of the BUSD balance, and 29% of the ETH balance remain unpaid and currently under-collateralized. Excluding the debts of BSC Token Hub attackers, there are currently $83 million in bad debts within the Venus protocol. Overall, these debts amount to $238 million, nearly half of the total outstanding loans on Venus. Furthermore, in the second quarter, Venus's risk fund successfully repaid 1,437.5 ETH and 90.3 BTC, with a total value of approximately $5 million. (source link)