Binance Restores Futures UM Trading After Temporary Suspension
Binance Restores USD-M Futures Trading
Binance has resumed trading on its USD-M Futures platform after an abrupt halt due to an undisclosed issue. The suspension was announced early on August 29, with a commitment to resolve the problem quickly.
- Futures trading was temporarily unavailable.
- The nature of the issue remains unspecified.
- Trading was restored about an hour later, with confirmation that user assets were secure during the outage.
Binance previously warned users about a new scam targeting crypto traders, where perpetrators impersonate official communications to gain access to personal information.
New Partnerships for Binance
Binance continues to expand its operations through partnerships:
- On August 11, Binance became the mainnet validator for Mantra Chain, aiming to enhance decentralization in governance.
- Binance partnered with Spanish banking giant BBVA to explore crypto custody solutions, enhancing its presence in the EU market.