Binance

Binance

Markets

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

Binance says October 10’s crypto flash crash was driven by a macro risk-off shock, cascading liquidations, and thin liquidity, while acknowledging two platform-specific issues that occurred after most losses had already been incurred.

Binance logo

Videos

Why the next Fed chair Kevin Warsh could be bearish for bitcoin

President Donald Trump nominated Kevin Warsh to be the new chair of the Federal Reserve. Despite Warsh's past praise for crypto, markets view him as a hawk due to his emphasis on monetary discipline. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

CoinDesk

Markets

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

Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits.

Binance

Markets

Binance plans to bring back tokenized stock trading after 2021 retreat

The exchange shut down its earlier effort under regulatory pressure, but it's now back to exploring offering tokenized equities on its platform.

Binance

Finance

Binance’s Changpeng Zhao says bitcoin will ‘break’ the four-year cycle this year

In an interview with CNBC, Binance’s CZ spoke of bitcoin’s four year cycles and the potential for a BTC all-time high this year due to a greater acceptance of crypto worldwide.

Changpeng "CZ" Zhao (Nikhilesh De/Modified by CoinDesk)

Markets

Binance applies for EU crypto license in Greece under MiCA framework

The exchange confirmed it has applied for regulatory approval under the MiCA regime, part of a broader effort to regain footing in major markets.

Binance

Finance

Binance co-founder Zhao in talks with ‘probably a dozen’ governments on asset tokenization

Tokenization could allow governments to raise funds by selling fractional ownership of state-owned assets like infrastructure, real estate or commodities.

Changpeng "CZ" Zhao (Nikhilesh De/Modified by CoinDesk)

Finance

Binance Wallet unlocks in-app leveraged crypto futures trading with Aster team-up

Binance Wallet's new feature allows users to trade leveraged futures directly from their crypto wallets through an integration with decentralized exchange Aster.

A wallet lies on top of a number of dollar bills. (slendersnakewallet/Pixabay)

Markets

Crypto traders can now take leveraged bets on silver via Binance Futures

Binance Futures will launch silver perpetual contracts on Wednesday, offering up to 50x leverage on silver priced in U.S. dollars per troy ounce.

Blocks of silver (Scottsdale Mint)

Finance

Trust Wallet users lose $7 million to hacked Chrome extension

Changpeng Zhao, a co-founder of Binance, which owns the utility, said the losses will be reimbursed.

A man holds open an empty leather wallet. (Andrew Khoroshavin/Pixabay)