Binance Denies October Flash Crash Failure
Binance denies claims of exchange failure in October’s crypto crash, attributing the sell-off to macroeconomic shocks and liquidity dynamics. #Update #Crypto
Exchange
Bitcoin Crash Blamed on Binance Rivalry
@StarXu of @OKX blames the October 10 crypto crash on irresponsible yield campaigns tied to USDe, claiming it caused $19.16 billion in liquidations; others dispute this narrative. #Update #Crypto $BTC
Bitcoin Boosts as Binance Moves $1B SAFU Fund
@Binance is rebalancing its Secure Asset Fund for Users (SAFU) by converting stablecoins into $BTC, ensuring fund value remains above $800M. #Update #Crypto $BTC
Binance Blames Macro Risks for Record Liquidations
@Binance attributes the October 10 flash crash to macroeconomic shocks and high leverage, resulting in $150 billion in liquidations across markets; they compensated users over $328 million. #Update #Crypto $BTC $ETH
Bitcoin to Gain $1B from Binance SAFU Reserves
@Binance will convert $1B from its SAFU reserves into $BTC within 30 days, raising concerns about user protection and asset security. #Update #Crypto $BTC
Binance Nominates Warsh as Fed Chair
The Trump administration plans to nominate Kevin Warsh as the next Fed chair, potentially facing Senate opposition. Warsh’s hawkish monetary stance may conflict with Trump’s rate preferences. #Update #Legal
Binance Launches UAE USD Stablecoin
@Universal announces USDU as the first USD-backed stablecoin registered by the UAE Central Bank for digital-asset settlement. #Update #Crypto
Bitcoin Surges as Binance Inflows Plummet
The Federal Open Market Committee leaves rates unchanged amid pressure from President Trump to cut them. #Update #Economy
Kraken Launches DeFi Yields for US EU Canada
@Kraken introduces DeFi Earn, enabling users to earn up to 8% APY on cash and stablecoins without complex setups, initially available in most U.S. states, Canada, and the EU #Update #Crypto $USDC
Crypto Exchange WhiteBIT Declared Undesirable by Russia
The Russian government has banned citizens from using the crypto exchange @WhiteBIT due to its support for Ukraine, which includes over $160 million in donations for defense and humanitarian aid. #Breaking #Legal $BTC (-8) ↘
Telegram Secures $7M for Universal Exchange
@Everything secures $6.9M in seed funding to develop a universal exchange on Telegram, integrating futures, spot markets, and payment tools with up to 1000x leverage for trading #Update #Crypto
Binance Coin Surges with New Nasdaq ETP
@VirtuneAB has launched a BNB ETP on Nasdaq Stockholm, enhancing institutional access to $BNB. The product offers 1:1 exposure with a 1.95% management fee, starting today. #Update #Crypto $BNB
Binance Launches Tesla Contract 5x Leverage
Binance will launch a Tesla equity perpetual contract with up to 5x leverage, settling in USDT, supporting multi-asset mode. #Update #Crypto $USDT
Binance CEO Position Remains Vacant After Pardon
Changpeng Zhao (CZ) confirms he won’t return as Binance CEO despite a presidential pardon, praising current leadership and denying ties to the Trump family. Insights on his imprisonment will feature in an upcoming book. #Update #Crypto $BNB