Tag: Binance

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Binance not alone in seeing liquidations during Oct. 10 event, Binance CEO Teng says

Binance did not cause the crypto market liquidation event on Oct. 10, but every exchange — centralized or decentralized — saw massive liquidations that...

Binance founder Changpeng Zhao says he ‘didn’t do much’ to get Trump pardon – DL News

Changpeng Zhao comments on his presidential pardon.The Binance founder said the pardon could be linked to President Trump's crypto promises.Changpeng Zhao, the crypto mogul...

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...