ChainCatcher news, LBank founder and CEO Eric He announced on X that he has decided to resign from his current leadership position. In the future, he will focus on his new roles as a community angel officer and risk control advisor, deepening interactions with LBank community users.Eric He stated, "I am eager to engage more with our community in this new role. It is time to incorporate more voices into our strategic decisions."According to Web3 asset data platform RootData, LBank was established in 2015 and is a cryptocurrency trading platform for various types of crypto assets, with over 7 million users. LBank Exchange provides its users with secure crypto trading, professional financial derivatives, and asset management services.

ChainCatcher message, Binance officially stated on social media that they appreciate community users sharing concerns about "airdrop hunters" targeting and exploiting the Binance Megadrop.Binance has implemented several risk control measures to prevent such accounts from participating. Binance will also further strengthen these measures in the upcoming Megadrop season to reduce the likelihood of exploitation.Binance absolutely does not tolerate dishonest behavior.

ChainCatcher message, OKX's copy trading has officially launched the smart copy trading mode, aimed at simplifying the copy trading process and efficiently achieving profitable copy trading. With OKX's smart copy trading mode, users do not need to set complex parameters; they only need to set the investment amount to copy trades with one click, completely leaving the management of position risk and profit to the trader, achieving synchronized risk control. In addition, smart copy trading also implements position isolation and fund isolation functions, meaning that manual trading and copy trading positions are isolated, reducing the impact of copy trading on manual trading, and ensuring that funds are used exclusively for their intended purpose, thereby lowering the risk of over-leveraging that may arise from users following multiple traders with the same capital.It is reported that with the launch of smart copy trading, OKX has become the most comprehensive platform in the industry for contract copy trading modes. OKX's smart copy trading automatically calculates the invested funds based on the proportion of funds used by the trader and sets the order parameters. Each time a position is opened in copy trading, the order amount for the copy trading user is calculated based on the ratio of the trader's margin to account equity, and the trader's order parameters are replicated. Currently, users can enter the trading section of the OKX APP or the official website, browse or search for traders of interest, and on the trader's personal homepage, click the "Copy Now" button to enter the copy trading settings, select the smart copy trading mode, set the copy trading parameters, click "Copy Now," and confirm that the copy trading information is correct to successfully copy trade.

ChainCatcher message, Binance stated in an official blog post that, given that cryptocurrency is a nascent industry, scams are becoming increasingly frequent and complex. Therefore, it is necessary for users to continuously stay informed about the latest prevention methods.Binance's risk control measures are divided into 8 levels based on the severity of the scam risk, ensuring a balance between user experience and security. These 8 levels, in order from low to high, are: custom pop-up notifications, interactive risk assessment forms, global malicious address database alerts, freezing small profits, a 1-hour cooling-off period, a 24-hour cooling-off period, chat deterrence, and alert services.

ChainCatcher news, Binance has issued a statement regarding the recent redemption limit incident for CYBER in the flexible earning program.Due to consecutive days of market volatility, CYBER has experienced a price difference between futures and spot markets, as well as liquidity issues, leading to a situation where redemptions are temporarily unavailable on the platform. To protect user rights, Binance has implemented withdrawal limits for CYBER.Binance emphasizes that there has been no use of user funds for trading or investment internally, and ensures that the assets deposited by users are only used for lending to other Binance users. Binance commits to enhancing project evaluation and risk control standards, and for projects with low market circulation, the platform will reassess the maximum lending limit and prioritize meeting the withdrawal needs of users in the flexible earning program.

ChainCatcher news, OKX founder Xu Mingxing stated that due to the sudden market movement of SAMO, about 10 accounts triggered the "suspected hacked risk control strategy," which temporarily freezes accounts. Customer service will immediately contact customers to verify whether the operations were performed by them. Currently, all frozen accounts have been unfrozen.It is reported that this risk control strategy indeed has flaws, which led to this "false positive." The team is working on improving this risk control strategy. (source link)

Chain Catcher news, Binance released "Facing Community Questions: 6 Key Issues Regarding Binance's Risk Control," which includes responses on: the reasons for Binance's cooperation with regulatory and law enforcement agencies, the safety of assets in accounts under risk control, the handling of assets in accounts under risk control, the past handling of accounts under risk control and process optimization, how users should respond when they find their accounts are under risk control, and the relationship between risk-controlled accounts and deposits/withdrawals.It is reported that Binance stated it will cooperate with global regulatory and law enforcement agencies to protect the ecosystem and the safety of all users. If law enforcement agencies cannot provide more information and details, Binance will gradually lift risk control (login, trading, and withdrawal functions) according to established procedures and will cooperate more cautiously. (Source link)