Binance Lists Chip (CHIP) Across Spot, Earn and 50x Futures

Binance said USDAI (CHIP) will begin Alpha and spot trading on April 21, while broader crypto headlines also included a major KelpDAO-linked ETH transfer and policy updates in the U.S. and Russia.

ETH

Summary

Binance announced that USDAI (CHIP) will be listed on Binance Alpha on April 21 and that CHIP spot trading on Binance will open on April 21 at 21:30 UTC+8. The new input also said a KelpDAO attacker transferred 50,700 ETH, worth about $118 million, into two new addresses. Other developments mentioned included updates involving Coinbase, Volo, and crypto policy in Russia and the U.S., but no further details were provided in the source content.

Terms & Concepts
  • ETH: ETH is the native cryptocurrency of the Ethereum blockchain and is used for transactions, network fees, and smart contract activity.
  • Spot trading: Spot trading refers to buying or selling an asset for immediate settlement at the current market price on an exchange.