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

admin January 30, 2026 Leave a Comment

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.

Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author: admin

Trump’s family is embroiled in a $500m UAE scandal. We’ve hardly noticed | Mohamad Bazzi February 6, 2026
A crypto startup founded by Trump’s family signed a huge deal with the UAE president’s brother. Where’s the political fallout?Days before Donald Trump returned to office in January 2025, an investment firm controlled by a senior member of the United Arab Emirates royal family secretly signed a deal to pay $500m to buy almost half […]
Tell us: how have you been affected by falling cryptocurrency prices? February 6, 2026
We want to hear how the fall in cryptocurrencies like Bitcoin and ether are impacting peopleBitcoin sank to its lowest value in more than a year this week, faling to $63,000 on Thursday, about half its all-time peak of $126,000 in October 2025It’s part of a wider shock to crypto prices. The second-largest cryptocurrency, ether, […]
Bitcoin loses half its value in three months amid crypto crunch February 5, 2026
World’s most prominent cryptocurrency peaked at $126,000 in October 2025, only to see its value slump steeplyBitcoin’s price sank to $63,000 on Thursday, its lowest level in more than a year, and half its all-time peak of $126,000, reached in October 2025. A months-long dip in cryptocurrency prices has tanked shares of companies that have […]
How cryptocurrency’s second largest coin missed out on the industry’s boom February 5, 2026
A leaked pitch to reshape Ethereum’s leadership exposed deep divisions over politics, power and ether’s static priceUS crypto developer Danny Ryan submitted a proposal in November 2024 to Vitalik Buterin, the founder and symbolic leader of Ethereum, a prominent blockchain powering the world’s second-largest cryptocurrency. Ryan, who had worked for seven years at the Ethereum […]
Dubai’s potent lure: the reality behind the real-estate frenzy February 5, 2026
Bankers and billionaires are flocking to the city where income tax is zero but critics say it ignores money laundering – and pay disparities are huge Business live – latest updatesAidan Doyle was an estate agent in Liverpool before he decamped to Dubai and turned a £30,000 annual income into £500,000 a year and climbing.Acting […]

Leave a Reply Cancel reply

Stellantis’s Shift Away From Electric Cars Will Cost It $26 Billion February 6, 2026
The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an effort to revive weak sales.
Fear of AI Replacing Software Makers Hits Stocks. Here’s What to Know. February 6, 2026
The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.
Europe Accuses TikTok of ‘Addictive Design’ and Pushes for Change February 6, 2026
European Union regulators said the app’s infinite scroll and personalized algorithm led to “compulsive” behavior, especially among children.
Google Workers Demand End to Cloud Services for Immigration Agencies February 6, 2026
More than 800 employees delivered a petition to management, condemning the Trump administration’s use of Google technology in immigration enforcement.
Elon Musk’s Mega-Merger + We Test Google’s Project Genie + What’s Next for Moltbook Creator February 6, 2026
“A very valuable and profitable company in SpaceX has acquired a cash furnace named xAI.”
An Indian Film Embraces a Taj Majal Conspiracy Theory February 6, 2026
The internet and a new film have breathed life into old conspiracy theories about one of the world’s most famous landmarks.
At Ukraine’s Request, Starlink Denies Internet Access to Russian Troops February 6, 2026
It’s unclear what effect the change will have on Russia’s ability to wage war, but Russian military bloggers said troops were experiencing internet outages that hampered frontline communications.
Amazon’s $200 Billion Spending Plan Raises Stakes in A.I. Race February 5, 2026
The company reported a strong holiday quarter on Thursday. But its spending, like that at other big technology companies, is starting to make investors nervous.
Bitcoin Drops to Lowest Price Since Trump Was Elected as Crypto Faces Slump February 5, 2026
The price of Bitcoin is now lower than when President Trump was elected in 2024, raising concerns of a new “crypto winter" in the industry.
France’s Raid on X Escalates Trans-Atlantic Showdown Over Social Media February 4, 2026
The French investigation into Elon Musk’s X illustrated a fundamental divide between European and American leaders about how to regulate social media — or whether to restrict it at all.
Moltbook Mania Explained February 4, 2026
Is this the year the internet changes forever?
Netflix Leader Pushes Warner Deal Before Skeptical Lawmakers February 3, 2026
Senators asked Ted Sarandos about whether the acquisition would raise prices, squeeze talent and degrade the moviegoing experience.
Spain Aims to Ban Social Media for Children Under 16 February 3, 2026
The announcement is part of a broader push by countries to curb access to online platforms for minors. It also points to Europe’s stricter approach to regulating social media.
‘Don Colossus,’ a Golden Statue of President Trump, Waits for Its Home February 3, 2026
A group of cryptocurrency investors backing a memecoin hopes the statue will soon be installed at one of Mr. Trump’s golf courses in Florida.
Chaos in Minneapolis Exposes an Internet at War With Truth February 3, 2026
Technological advances and an erosion of trust have transformed the way news unfolds online, distorting shared reality.
Siemens Energy Bets $1 Billion That A.I. Power Demand Will Last February 3, 2026
The German manufacturer announced plans to expand factories in several U.S. states and build a new plant in Mississippi.
Elon Musk Merges SpaceX With His A.I. Start-Up xAI February 3, 2026
The deal further intermingles Mr. Musk’s companies and creates the most valuable private company on earth.
Trump Unveils $12 Billion Critical Minerals Stockpile February 3, 2026
The “Project Vault” initiative is intended to reduce U.S. reliance on China for key technology components.
Energy Bills Have Soared Recently. How Can States Bring Costs Down? February 2, 2026
Energy experts said governors and legislatures had tools to keep electricity prices from rising further, and might even be able to lower them.
A Social Network for A.I. Bots Only. No Humans Allowed. February 2, 2026
A new website called Moltbook has become the talk of Silicon Valley and a Rorschach test for belief in the state of artificial intelligence.

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

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a Reply Cancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories