PANews reported on June 18 that according to screenshots and tweets shared by crypto KOL @cryptobraveHQ, the Binance version upgrade on June 12 updated the emergency contact and inheritance functions. The KOL commented: "Every year, people who die in accidents around the world have over $1 billion in crypto assets inherited by centralized exchanges. Recently, Binance has updated the emergency contact function and will have the option to submit an inheritance application. I hope other exchanges will also speed up the launch of this function."