Tag: Binance

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Franklin Templeton and Binance Launch Tokenized Collateral Program

Eligible clients can now use tokenized money market funds as off-exchange trading collateral.Asset manager Franklin Templeton, which oversees about $1.6 trillion in assets, and...

Binance now custodies 89% of Trump family-linked stablecoin USD1 – DL News

USD1 surged 50% over the past month, DefiLlama data reveals.The Trump-linked stablecoin is now the fifth largest in circulation.Binance now custodies an overwhelming 89%...

Binance SAFU Fund Adds 4,225 Bitcoin ($300M) As Price Reclaims $70K Level

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is struggling to reclaim the $70,000 level after several days of...

Binance Begins $1B SAFU BTC Conversion With First $100M Buy

Binance has kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins...

Binance moves 1,315 bitcoin into SAFU fund as it prepares to buy $1 billion BTC

Crypto exchange Binance has transferred roughly $100 million worth of bitcoin from one of its hot wallets into its Secure Asset Fund for Users...

Binance is stuck in the middle of a $19 billion conspiracy theory—and it’s killing bitcoin’s momentum

At first glance, the $19 billion liquidity wipeout on Oct. 10 looked routine: a rapid chain of liquidations, or forced closures of trading positions,...

Binance Plans to Buy $1 Billion of Bitcoin

Binance plans to convert its $1 billion SAFU fund into BTC within the next month.Binance, the largest cryptocurrency exchange, plans to purchase $1 billion...

Binance: October Flash Crash Was a Macro Liquidation Spiral — Not Exchange Failure

Binance is pushing back hard against blame for October’s crypto flash crash, arguing macro shocks, leverage and liquidity dynamics — not exchange failures —...

Binance To Move $1 Billion In Protection Funds Into Bitcoin

Binance said Friday it will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users (SAFU) entirely into bitcoin...

Binance pins crypto’s worst-ever liquidation day on macro risks, not exchange failure

Binance blamed the October 10 flash crash on a macro shock colliding with heavy leverage and evaporating liquidity, rather than any breakdown in its...

Binance to shift $1 billion user protection fund into bitcoin amid market rout

Top cryptocurrency exchange Binance announced said Friday that it shall switch the stablecoin in its $1 billion emergency user protection fund to bitcoin over...