Did Binance promote Terra's anchor yield program?

Today, the Financial Times disclosed that Binance, the world’s largest cryptocurrency exchange by trade volume, contributed to promoting Terra’s Anchor Yield program, which lured many investors into adopting the UST stablecoin that collapsed earlier this month.

Does Binance support UST staking (terrausd)?

Update – UST collapsed during the LUNA crash but Binance and other platforms still support other stablecoins with high yield like USDC. UST staking on Anchor Protocol is one of the best ways to earn interest on stablecoins and Binance has recognized that by also announcing support for UST staking (TerraUSD) within its Binance Earn platform.

Is Binance suspending telegram in Singapore?

Binance will suspend any official Telegram or online communication channels in Singapore. Binance is also advising users to ‘complete all related P2P trades and remove any related trade advertisements by Thursday (21 September 2021), 12pm Singapore time (UTC+8) to avoid potential trading disputes.’

Is Binance's Terra (Luna) staking scheme safe?

Aside from the UST investment ads posted by Binance last month, the exchange also promoted Terra (LUNA) staking scheme last year, claiming the investment is safe for investors to venture into. Binance told the Financial Times “We are now reviewing how campaigns for projects, such as Luna, are evaluated prior to them being advertised”.