Binance | Crypto

French police arrested three suspects after a break-in targeting a Binance France executive, RTL reported. Binance has confirmed a home invasion involving an employee. Update Feb. 13, 1:44 pm UTC: This article has been updated to include a comment from Yi He, the co-founder and chief customer service officer at Binance. Three suspects were arrested in France after a reported break-in targeting the home of a senior figure at Binance’s French unit, with the company confirming to Cointelegraph that one of its employees was the victim of a home invasion. Local outlet RTL, citing anonymous police sources, reported that three hooded individuals carrying weapons attempted to enter an apartment in Val-de-Marne around 7:00 am CET Thursday. Read more

Binance is at the center of renewed speculation as the specter of insolvency has once again cast a long shadow over the crypto sector. Over the past weeks, rumors have emerged that the world’s largest cryptocurrency exchange is facing a liquidity crunch, and these rumors have spread across social media platforms, underscoring the fragility of […] The post Traders may be walking into a Binance “bank-run” trap as $2B outflow claims go viral appeared first on CryptoSlate.

Bitcoin net taker volume flipped positive after a month of "aggressive" selling, but sentiment crashed to its lowest levels in crypto market history. Bitcoin (BTC) market sentiment has begun to recover as exchange traders reconsider selling. Key points: Bitcoin taker flow finally sees positive values after a month of seller dominance. Read more

Binance completed its $1 billion Bitcoin conversion for its emergency user fund as crypto sentiment hit record lows and smart money traders increased short exposure. Binance completed the $1 billion Bitcoin conversion for its emergency fund, committing to holding Bitcoin as its core reserve asset. Binance purchased another $304 million worth of Bitcoin (BTC) on Thursday, completing the conversion of $1 billion in Bitcoin for its Secure Asset Fund for Users (SAFU) wallet, according to Arkham data. The fund now holds 15,000 Bitcoin, worth over $1 billion, acquired at an average aggregate cost basis of $67,000 per coin, Binance said in a Thursday X post. Read more

Franklin Templeton is letting institutions pledge tokenized money market fund shares as collateral for trading on Binance, while keeping the fund assets in off‑exchange custody. Global investment manager Franklin Templeton announced the launch of an institutional off‑exchange collateral program with Binance that lets clients use tokenized money market fund (MMF) shares to back trading activity while the underlying assets remain in regulated custody.  According to a Wednesday news release shared with Cointelegraph, the framework is intended to reduce counterparty risk by reflecting collateral balances inside Binance’s trading environment, rather than moving client assets onto the exchange. ​Eligible institutions can pledge tokenized MMF shares issued via Franklin Templeton’s Benji Technology Platform as collateral for trading on Binance.  Read more

Rising miner deposits to Binance signal near-term supply pressure despite whale accumulation during the dip.

Binance bought $300 million in Bitcoin for its SAFU reserve, pushing the fund past $720 million as the exchange shifts its emergency buffer to BTC. Binance added another $300 million worth of Bitcoin to its emergency reserves on Monday, continuing its experiment with a Bitcoin-backed protection fund as markets remain under pressure. Binance bought another 4,225 Bitcoin (BTC) worth $300 million for its Secure Asset Fund for Users (SAFU) wallet, which holds its emergency reserves, according to blockchain data platform Arkham. The acquisition lifts the fund’s Bitcoin holdings to more than $720 million at current prices. Read more

Bitcoin’s hard cap is easy to understand: there will only ever be 21 million coins. What's hard to understand is that the marginal market is allowed to trade far more than 21 million coins worth of exposure, because most of that exposure is synthetic and cash-settled, and it can be created or reduced in seconds. […] The post Binance trading data reveals why Bitcoin prices are sliding even as spot buyers flood the market with bids appeared first on CryptoSlate.

Binance moved 42.8% of total spot volume over the past week but absorbed 79.7% of net selling pressure across five major exchanges, according to data from Traderview. The imbalance raises the question of whether a venue needs to handle “most of the market” to set prices for the whole market. The answer is no. A […] The post Traders dump $4.3 billion BTC on Binance as exchange sells more Bitcoin than other exchanges combined appeared first on CryptoSlate.

Binance shows stable onchain reserves and no immediate stress signals despite market volatility and a wave of criticism circulating on social media. Onchain analysts say the data show no signs of crisis at Binance, even as a wave of online criticism warns the exchange could become the new “FTX.” Despite ongoing market volatility and Bitcoin (BTC) briefly dipping below $74,000 on Tuesday, Binance shows “no signs of stress,” according to the blockchain analytics company CryptoQuant. “Binance holds around 659,000 BTC, virtually unchanged from 657,000 BTC at end-2025,” CryptoQuant said in a statement shared with Cointelegraph on Wednesday, highlighting “no material reserve erosion during the current Bitcoin sell-off.” Read more

The exchange co-founder's post comes amid renewed scrutiny over Binance’s alleged role in October’s crypto flash crash.

Binance kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins and into BTC. Crypto exchange Binance bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users (SAFU). The Bitcoin (BTC), worth $101 million, was bought for an average price of $77,409.89 per coin, according to data from Blockchain.com. Binance said it expects to shift the rest of SAFU’s $1B from stablecoins to Bitcoin within the next 27 days. A Binance spokesperson told Cointelegraph on Friday that the SAFU fund will continue to be used as a backstop for users in the event of extreme incidents or losses. Read more

Binance just turned its emergency insurance fund into a public, auditable pledge. And it reads like a crisis-repair letter in balance sheet form. The exchange announced Jan. 30 that it will convert SAFU's roughly $1 billion stablecoin reserves into Bitcoin within 30 days, with an explicit promise: if BTC price movements push the fund below […] The post Binance commits to $1B Bitcoin purchase as an implicit apology for October liquidation meltdown appeared first on CryptoSlate.

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.

CZ pushed back on claims that Binance fueled October’s historic $19 billion crypto liquidation event, calling allegations against the exchange “far-fetched.” Former Binance CEO Changpeng “CZ” Zhao has pushed back against allegations that the cryptocurrency exchange played a role in the largest liquidation event in crypto history, a sell-off whose effects are still rippling through markets more than three months later. Speaking during a Q&A session on Binance’s social media channels, Zhao denied that Binance was a major contributor to the record wave of forced liquidations on Oct. 10, when roughly $19 billion in positions were wiped out across the crypto market. Zhao described claims that Binance was responsible for the crash as “far-fetched,” according to Bloomberg. Read more

Binance plans to convert about $1B in its SAFU insurance fund from stablecoins back into Bitcoin within 30 days.

The shift will take Binance’s insurance-style fund out of US dollar-pegged assets and into Bitcoin within 30 days, raising questions about user protection. Binance is shifting its flagship user protection vehicle, the Secure Asset Fund for Users (SAFU), from stablecoin holdings into Bitcoin over the next 30 days, re‑denominating the fund’s reserves into BTC. In an open letter to the crypto community, the exchange framed the move as an expression of its conviction that Bitcoin (BTC) is the core long‑term asset of the crypto ecosystem rather than just another trading product, and said it will rebalance the fund back up to $1 billion if market volatility drives its value below $800 million.  That decision effectively makes the fund more exposed to Bitcoin price swings, raising questions about whether a sharp BTC drawdown could weaken the buffer precisely when a major security or insolvency event might require rapid payouts. Read more

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.

Coinbase's Bitcoin (BTC) price dropped below competing exchanges this week, and the gap continues to widen. CoinGlass reported on Jan. 26 that its Coinbase Bitcoin Premium Index, which tracks the price difference between Coinbase's BTC/USD and Binance's BTC/USDT, turned sharply negative, indicating Bitcoin trades at a discount on the largest US venue compared to offshore […] The post Panic selling Bitcoin on Coinbase triggers a Binance price gap that reveals a “messy” institutional market failure appeared first on CryptoSlate.

Binance co-founder Changpeng Zhao says Binance doesn’t need a “backseat driver,” even though he says his pardon from Donald Trump could allow him to. Binance co-founder Changpeng Zhao has ruled out returning to the crypto exchange, despite a pardon from US President Donald Trump opening the door for it to be possible.   Zhao told CNBC’s Squawk Box on Sunday that it’s his understanding that the pardon means the former restrictions “are completely lifted,” but shot down any suggestions of going back to Binance. “I haven't really needed to go back. I didn't really want to. I thought it was a pretty good way for me to step down, away from Binance after seven years,” he said.   Read more