00:00What just happened? On August 29, 2025, crypto giant Binance dropped the hammer. All futures trading is temporarily unavailable. No warning, no ETA, just a stock. We're working on it from the exchange. This blindsided futures traders, especially those riding high on leverage and short-term swings.
00:22Why it's a big deal? Binance controls a huge chunk of the futures market. When its engine stalls, waves ripple through the entire crypto ecosystem. Margin calls, sudden liquidations, stalled arbitrage bots. The fallout can be chaos. It's like a power outage in the middle of your night owl trading marathon. Stay skeptical. A blackout like this might be a glitch or a cover for something deeper. Always trade with a contingency plan.
00:52as far as the an authentic observability could be a glitch orů
00:57not investors trading into the future.
01:00Apparently, the large carts went down, and that would take back-up ask for them.
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