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Binance reenters Japan, MANTRA Chain’s token drops, Trader profits $9.9 million, and other Web3 news

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  • MANTRA Chain’s token dropped 18.5% to a record low of $0.004126 following a software exploit that led to the halting of the blockchain, with the team investigating the incident and tracing fund movements. (📰CryptoRank)
  • A Bit-linked trader realized a profit of $9.9 million by closing 40,000 ETH at $2513 and subsequently added 9,021 ETH longs, maintaining a total position of 59,000 ETH with an unrealized gain of $8.73 million. (📰blockchain.news)
  • Binance will begin providing full services for Japanese users in August 2023 after acquiring Sakura Exchange BitCoin, allowing it to reenter Japan’s regulated market for digital assets. (📰CoinMarketCap)
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