Binance Dey Drop $1.2M BNB to Flood-Wet Taiwan; Show Proof of Reserves
Binance don launch $1.2 million BNB airdrop to support users for six flood-hit areas for southern Taiwan. The Binance airdrop get two phases, e dey offer $80 for BNB to users wey confirm their proof of address by August 7, 2025, plus $30 to the first 15,000 new verifications from August 7 to 20. Distribution go start for August 14. CEO Richard Teng yan say this plan show how Binance Charity dey continue to help with crypto disaster relief after dem don do am before for Taiwan, Thailand, Myanmar, and Europe. Besides the airdrop, Binance come publish their 33rd Proof of Reserves report. E show say users get 591,000 BTC (+2.99%), 4.555 million ETH (−9.84%), and 29.85 billion USDT, wey highlight say market dey shift to Bitcoin and stablecoins.
Neutral
Di Binance airdrop na main mana humanitarian wahala, di dem dey distribute 1.2 million USD for BNB go di people wey di flood affect. Even though di plenty BNB token fit make di people wey get am sell small small for di short term, di charitable side and di way di relief dey target limit how e go affect di market well well. Di same time dem drop Proof of Reserves report show say di platform open well and e fit make people trust Binance for long time, but e no change di BNB supply for direct way. Overall, dis kind news no too fit make price of BNB move well, e go just make market react normal normal.