Derivatives
Binance can cut a winning Bitcoin hedge even when customer assets are backed
Binance says only surplus futures reserves were reallocated, while ADL rules can still reduce an opposing profitable position.
Binance
Latest stories
Research
Ethereum validators pocket $30 million windfall as Binance hackers lose $119 million in rushed trades
Bitquery data reveals how frantic token swaps created a trading frenzy, sending Ethereum block payments soaring more than 2,200-fold.
Derivatives
Bitcoin’s recovery faces rising derivatives exposure and $643 million in ETF outflows
Higher selected derivatives exposure and ETF redemptions leave the recovery facing a demand test before November 6 payrolls.
Hacks
Chainalysis breach exposed customer names, emails and company roles
The company urges vigilance for unexpected authentication prompts as it determines which customer records were accessed.
Exchanges
Binance gives 48-hour withdrawal target while Bitcoin deposits remain open
Binance’s target leaves crypto withdrawals pending, while its Japan business confirms that trading and fiat transfers work.
People
CZ asks Musk to stop trolling, saying ‘our’ SpaceX shares top $1 billion
CZ linked a claimed billion-dollar-plus holding to Binance’s Twitter investment; Yi He said annual revenue was sufficient to cover losses.
Hacks
Binance uncovers more breach points in $6 billion hack
Binance initially suspected a compromised employee laptop. TRM separately attributes the attack to North Korea, while investigators trace links to earlier hacks.
Hacks
Binance hack began with a $296 million XRP drain after 36-hour preparation
On-chain investigators uncovered three rehearsal wallets and malicious Ethereum code that enabled billions in suspicious transfers across 10 blockchains.
Hacks
Trump’s crypto firm joins Tether, Circle, and Ripple in $2.6 billion stablecoin freeze as Binance hack outflows near $6 billion
The stablecoin giants moved to block suspected stolen funds after suspicious Binance wallet transfers, but investigators have yet to establish the full extent of the breach.
Trading
Polymarket reforms Bitcoin contracts and Binance trading spikes immediately drop
A newer study finds the earlier Binance trading pattern subsided after averaging, but historical wallet gains cannot quantify current losses.
Derivatives
SpaceX perpetual futures traded about $6 billion after earnings
SpaceX-linked perpetual futures saw a burst of earnings trading across Binance and Hyperliquid, while Binance's dollar open interest fell.
Stablecoins
Bitcoin’s $80,000 recovery faces liquidity questions as Binance’s Tether flows swing $14 billion
A reversal in Binance's USDT transactions and declining stablecoin balances add another uncertainty to the market's recovery prospects.
