ChainCatcher news, according to the official announcement, Binance's staking borrowing (flexible interest rate) and VIP borrowing have added the following borrowable assets:Staking borrowing (flexible interest rate): Basic Attention Token (BAT), Loopring (LRC), Qtum (QTUM), SafePal (SFP), Tokocrypto (TKO), and TrueFi (TRU);VIP borrowing: Notcoin (NOT).

ChainCatcher news, according to Spot On Chain monitoring, Loopring founder and former CEO Daniel Wang transferred 34.88 million LRC (approximately 8.41 million USD) to Binance 14 hours ago. It is reported that Daniel Wang received these tokens from the Loopring Foundation on December 29, 2023.

ChainCatcher message, according to Whale Alert monitoring, 100 million LRC (worth $18,362,418) was transferred from an unknown wallet to Loopring.

ChainCatcher news, according to lookonchain data, a whale address starting with 0x28c transferred a large amount of USDT to Binance and withdrew 7.56 million LRC (total value of 3.1 million USD) and 1.84 million FTM (total value of 980,000 USD) from Binance an hour ago.It is reported that this whale address currently holds 9.75 million FTM (worth 5.2 million USD) and 9.3 million LRC (worth 3.8 million USD), with an average holding price of approximately 0.4040 USD for FTM and approximately 0.4157 USD for LRC. (Source link)

ChainCatcher news, Ethereum Layer 2 protocol Loopring has announced the launch of LRC Staking, allowing users to earn rewards by locking LRC tokens. The LRC staking mechanism provides users with the flexibility to stake or unstake their tokens at any time; however, to be eligible for staking rewards, users must lock their LRC tokens for 90 days.It is reported that in December 2022, the Loopring community voted through a Snapshot, proposing that 45% of future protocol revenue be allocated to eligible liquidity providers, 45% to users staking LRC, and 10% to the DAO. (source link)

ChainCatcher news, the Ethereum Layer 2 protocol Loopring has launched a vote on December 3rd regarding the addition of LRC staking functionality. The proposal suggests allocating 45% of the protocol's revenue to eligible liquidity providers, 45% to users staking LRC, and 10% to the DAO. (source link)