Odaily News According to Onchain Lens monitoring, a wallet created 7 months ago withdrew 384 PAXG from Binance, worth $2.07 million.

Odaily News: According to market sources, due to escalating tensions in the Middle East, Binance has issued an internal safety alert, advising employees located in the United Arab Emirates (UAE) to stay indoors in secure areas as much as possible, and to avoid proximity to windows, doors, and open spaces.

The report states that Iran recently launched ballistic missiles and drones targeting Israel and US military assets, with some flight paths involving the direction of the UAE. Although most were intercepted, UAE authorities have issued safety reminders to residents. The situation remains ongoing.

Odaily News Eleven U.S. senators have sent a letter to Treasury Secretary Scott Bessent and Attorney General Pamela Bondi, demanding a comprehensive review of whether Binance complies with U.S. sanctions and anti-money laundering requirements, and an assessment of its implementation of the 2023 settlement agreement.

The letter cites reports stating that approximately $1.7 billion in digital assets flowed through Binance to entities linked to terrorism in Iran, including organizations associated with the Houthis and the Islamic Revolutionary Guard Corps. Investigators also found that over 1,500 accounts were accessed by Iranian users, along with potential activities related to circumventing Russian sanctions. The letter further points out that some Binance compliance personnel who identified suspicious transactions were subsequently dismissed, and law enforcement agencies indicated that Binance's cooperation in providing customer information has declined.

Senators Chris Van Hollen, Ruben Gallego, and nine other senators co-signed the letter. They also expressed concerns about Binance's payment card launched in the former Soviet region and its stablecoin-related partnership projects, suggesting these products could potentially be used to evade sanctions. The senators requested the relevant agencies to report on the progress of the review by March 13.

Additionally, Senator Richard Blumenthal initiated a congressional investigation into Binance this Tuesday, requesting relevant documents and internal records from Binance CEO Richard Teng. Binance has denied the allegations, stating that it has identified and reported suspicious activities to authorities and does not allow Iranian users on its platform. (Cointelegraph)

Odaily News According to data from GMGN, the market capitalization of the BSC ecosystem Meme coin Freedom of Money briefly surpassed $7 million and is currently reported at $6.5 million, representing a gain of over 82 times in 24 hours.

Odaily reminds users that Meme coins are subject to high price volatility; investors should be aware of the risks.

Previous news: CZ: Personal Memoir "Freedom of Money" to be Published Soon

Odaily News CZ responded to a user's question about the Chinese title of his new book on social media, stating that the current plan is to set the Chinese title as "Binance Life," but he retains the possibility of making changes later.