Key Market Information Gap on March 13th - A Must-See! | Alpha Morning News
Top News
1.Abu Dhabi's MGX Invests $20 Billion in Binance, Acquires Minority Stake
3.Co-Founder of Russia Sanctioned Crypto Exchange Garantex Arrested in India
5.Trump's Crypto Project WLFI Sells 99.2% of Newly Added Shares
Articles & Threads
1.《Abu Dhabi's MGX Invests $20 Billion in Binance, Acquires Minority Stake》
On March 12, 2024, Binance announced a $20 billion investment from Abu Dhabi-based investment firm MGX. This is not only a milestone in Binance's development history, but also the largest institutional investment in the crypto industry to date. Against the backdrop of increasing global regulatory pressure and a subdued market sentiment, this investment clearly sends a strong signal to the outside world that Binance is still a coveted target for global capital, especially in the Middle East.
What started as a mundane afternoon with typical CPI data took a turn when the HyperLiquid whale known as the "Insider" - who had recently garnered significant attention in the Chinese community - once again single-handedly disrupted a large portion of the Ethereum smart contract market, capturing the full attention of the entire network. According to official data, due to long and liquidation actions by an address starting with 0xf3 (hereinafter referred to as the Insider), the Hyperliquid treasury HLP (Hyperliquidity Provider) temporarily lost over $4 million.
Market Data
Daily market-wide capital heat (as reflected by the funding rate) and token unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate

Token Unlocks

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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.