Binance announced spot trading for Niu Lai (牛来), also referred to as Niulai, in the NIULAI/USDT, NIULAI/USDC and NIULAI/TRY pairs at 14:30 UTC, or 11:30 p.m. Korea Standard Time, on Sept. 9, 2026. The announcement was followed by a reported 40% price increase and a trader’s approximately $14,000 loss after the trader paid 42.4 BNB to the BNB48 Club node, used a private RPC channel to spend 200 BNB on 1.422 million tokens at $0.10, and paid 6.87 BNB in gas fees. Selling the position within 15 minutes at $0.12 returned 172,000 U, but the roughly $22,000 trading gain did not cover approximately $36,000 in bribe and gas costs. Binance applied its Seed tag, while deposits were scheduled to open one hour before trading and withdrawals for 14:30 UTC on Sept. 10, subject to the actual withdrawal status.