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BNB
Binance in Talks to Pay More Than $4B to End U.S. Criminal Case; CZ Could Still Face Charges: Bloomberg
A resolution could come as soon as the end of this month, Bloomberg reports.

Top Tokens by Liquidity Are BTC, ETH, XRP in Q3: Kaiko
Research firm Kaiko has published its token liquidity rankings for Q3. Bitcoin (BTC) and ether (ETH) were the top two tokens by both market cap, liquidity, and volume, while BNB, SHIB, and other altcoins underperformed. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

BNB Chain’s Layer 2 Network opBNB Goes Live
The Ethereum Virtual Machine (EVM)-compatible L2 chain scalability solution based on Optimism OP Stack expands the BNB Chain ecosystem to provide cheaper gas fees for projects.

Binance to Offer 'T+3' Daily BNB/USDT Options
The new T+3 BNB/USDT options will have a trading lifetime of three days.

BNB Token Stumbles to 1-Year Low Amid Mounting Scrutiny Over Binance
Formerly known as Binance Coin, BNB sunk to as low as $204, its weakest level since late June 2022.

Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor
The price of bitcoin (BTC) and Binance's BNB token immediately fell following the report.

Binance Says It Intends to File Motion to Dismiss CFTC Complaint
The CFTC sued Binance, its founder Changpeng Zhao and compliance officer Samuel Lim in a U.S. court in Illinois in March, alleging that the exchange operated a derivatives trading operation in the U.S.

Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH
A U.S. bankruptcy court previously granted the crypto lender permission to sell its altcoin holdings for bitcoin and ether starting in July.

BNB Token Is Being Heavily Shorted, Perpetual Futures Show
Funding rates in perpetual futures tied to BNB are most negative in nearly three months.

XRP Dethrones BNB to Become 4th Largest Cryptocurrency by Market Cap
XRP has become the fourth largest cryptocurrency by market capitalization, surpassing the BNB token, according to CoinDesk data. This comes as CoinGlass data shows XRP-tracked shorts, or bets against price rises, posted the highest losses so far this year at $33 million after a U.S. court found that sales of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. "The Hash" hosts discuss the Ripple ruling and subsequent market reaction.
