Binance Pay Updates Transfers as Leadership Transitions and Launchpads Expand

Binance co-founder Yi He announced that Binance Pay will implement a three-step transfer confirmation mechanism to prevent misdirected transfers, while personally compensating a user's cross-app transfer loss and offering 1 BNB each for top product feedback. Meanwhile, Binance finance chief Kaiser Ng is set to depart the company and will be replaced by Justin Yek. On-chain, BSC TVL rose 0.58% to $5.11B as launchpad gang.fun launched an on-chain promoter fee-sharing feature on BSC mainnet.

• Yi He announced Binance Pay will introduce three-step transfer confirmations to prevent misdirected transactions and pledged to personally cover a user's transfer error loss.
• Yi He is offering a 1 BNB reward to each of the top 10 product feedback submissions in her post's comments over the coming week.
• Cointelegraph reported Binance finance chief Kaiser Ng will leave the exchange, to be succeeded by former Airwallex VP of finance Justin Yek.
• Yi He warned users against depositing funds from suspicious or gray sources such as discounted USDT, as flagged tainted funds face law enforcement freezes that Binance cannot unfreeze.
• Binance re-enabled withdrawals for HYPE and APT alongside a wide roster of previously restored ETH and SOL assets.
• Binance launched a limited-time Spot Taker Program promotion scheduled for 2026-11-09.
• BSC total value locked increased 0.58% in the past 24 hours to $5.11B, led by PancakeSwap AMM at $1.45B and Venus Core Pool at $1.08B.
• BSC launchpad gang.fun introduced its Promoter Share mechanism on mainnet CLI, enabling promoters to earn continuous trade fees from buyers even after token graduation.
• The crypto Fear & Greed index ticked up slightly from 25 to 28, remaining in the Fear zone as BTC traded at $75,900.77 and BNB held at $697.44.