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Binance to Launch Obol (OBOL) on Binance Alpha and Futures Trading With 50x Leverage

Binance has announced the upcoming listing of Obol (OBOL) on both its Alpha Market and Futures platform, with trading set to begin on May 7. The move marks Binance as the first platform to support both Alpha and derivatives trading for the token.According to the official announcement, spot trading for OBOL on Binance Alpha will open at 10:00 UTC on May 7, followed by the launch of the OBOLUSDT Perpetual Contract at 10:30 UTC the same day. The futures contract will support up to 50x leverage and will be settled in USDT.Key Details: OBOL Spot and Futures LaunchToken: Obol (OBOL)Spot Trading Launch (Alpha): May 7, 2025, 10:00 UTCFutures Contract Launch: OBOLUSDT at 10:30 UTCMaximum Leverage: 50xFunding Rate Cap: ±2.00%Funding Fee Frequency: Every four hoursSupported Trading Mode: Multi-Assets ModeUnderlying Project: Distributed staking infrastructure with a focus on secure validator performance using the Obol StackBinance noted that to avoid Ethereum network congestion, users are encouraged to place Limit Orders on Binance Alpha.OBOL Airdrop for Alpha TradersIn celebration of the launch, Binance will airdrop OBOL tokens to users who meet a specified Alpha Points threshold, which will be announced on May 7. Eligible users will receive their tokens within 20 minutes after trading opens.Futures Trading OverviewThe OBOLUSDT Perpetual Contract will be available for 24/7 trading and will support Binance’s Futures Copy Trading feature within 24 hours of its launch. The contract will also be compatible with Binance’s Multi-Assets Mode, allowing users to collateralize trades with other assets such as BTC.
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Weekly Market Highlights - Global Crypto Expansion Amid Regulatory Shifts

02 May 2025Macro/TradFiUS GDP shrank 0.3 per cent in Q1 2025, marking the first quarter of negative growth in three years, as global trade rifts hit the economy.SEC Chair Paul Atkins signals a pro-crypto shift, advocating for clearer digital asset regulations and a potential reversal of restrictive policies in his first public remarks at a crypto roundtable.Morgan Stanley plans to offer crypto trading through E*Trade by 2026, expanding access to digital assets for its wealthiest clients, who already have exposure to crypto ETFs and futures.BlackRock files to offer tokenized shares of its $150 billion Treasury Trust Fund via BNY Mellon.Nasdaq files a 19b-4 proposal to list and trade shares of 21Shares’ Dogecoin ETF, with Bloomberg analysts estimating a 75% approval chance, though the SEC delayed Bitwise’s application.21Shares files for a spot SUI ETF in the United States, expanding its crypto ETF offerings beyond Bitcoin and Ether.Strategy acquires 15,355 BTC for $1.42 billion, bringing its total holdings to 553,555 BTC, valued at $52 billion, funded by selling $1.4 billion in class A common stock and $37.5 million in STRK preferred shares.CryptoL1/L2:Developers introduce Ethereum R1, a new Layer 2 solution aimed at improving scalability and reducing transaction costs on the Ethereum network.1inch launches on Solana, planning cross-chain swaps.Sony's Soneium blockchain partners with Plume to offer access to real-world asset (RWA) products.Others:ARK Invest raises its 2030 bull-case bitcoin price projection to $2.4 million, citing aggressive modeling and growing institutional adoption.A suspicious transaction involving 3,520 BTC sparks a Monero price spike, with ZachXBT suggesting it may be theft-related.Hong Kong proposes a licensing regime for stablecoin issuers, aiming to regulate fiat-backed stablecoins by 2025, with penalties for non-compliance.The EU considers stricter regulations on stablecoin transactions, potentially requiring issuers to hold higher reserves and imposing limits on transaction volumes.Sam Altman’s eye-scanning crypto project Worldcoin launches in the U.S..Strategy reports a Q1 earnings miss but raises its 2025 bitcoin gain target to $15 billion, reflecting confidence in long-term crypto growth.Latest Binance Research Publications Check out our latest publications:Pectra and Fusaka Upgrades: What does it mean for Ethereum?Tariff Escalation and Crypto Markets: Impact AnalysisMonthly Market Insights - April 2025That’s a wrap!Binance ResearchAbout Binance Research: Binance Research is the research arm of Binance, the world's leading cryptocurrency exchange. The team is committed to delivering objective, independent, and comprehensive analysis and aims to be the thought leader in the crypto space. Our analysts publish insightful thought pieces regularly on topics related but not limited to, the crypto ecosystem, blockchain technologies, and the latest market themes.General Disclosure: This material is prepared by Binance Research and is not intended to be relied upon as a forecast or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, cryptocurrencies or to adopt any investment strategy. The use of terminology and the views expressed are intended to promote understanding and the responsible development of the sector and should not be interpreted as definitive legal views or those of Binance. The opinions expressed are as of the date shown above and are the opinions of the writer, they may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by Binance Research to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Binance. This material may contain ’forward looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. This material is intended for information purposes only and does not constitute investment advice or an offer or solicitation to purchase or sell in any securities, cryptocurrencies or any investment strategy nor shall any securities or cryptocurrency be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction. Investment involves risks.
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Binance News: Binance Helps Recover $6.1M in Stolen Funds After KiloEx Exploit

90% of Stolen Crypto Recovered Through Rapid Response and Cross-Chain CoordinationBinance announced today that it successfully helped trace, block, and recover approximately $6.1 million worth of crypto assets following the recent exploit targeting decentralized exchange platform KiloEx.The quick response involved a coordinated effort across the Binance security teams, BNB Chain ecosystem partners, cross-chain bridge providers, and law enforcement agencies, resulting in the recovery of about 90% of the stolen assets.Overview of the KiloEx ExploitOn April 15, 2025, KiloEx suffered a sophisticated price manipulation attack exploiting vulnerabilities in its price oracle system.The attacker manipulated price feeds using a wallet funded via Tornado Cash, an anonymizing service.By exploiting cross-chain structures across Base, BNB Chain, and Taiko, the hacker withdrew artificially inflated profits, draining an estimated $8.44 million.Binance's Response TimelineWithin 30 minutes of the incident being flagged by the community, Binance security teams activated an emergency protocol.The team immediately traced suspicious wallet addresses and blacklisted them internally to block any further fund movements.Cross-chain bridge providers were contacted to restrict hacker activity across multiple networks.On-chain forensic analysis combined open-source and proprietary tools to track and build a behavioral profile of the attacker.Recovery Efforts and ResolutionWith strong evidence gathered, Binance and KiloEx initiated targeted communications with the attacker via on-chain messages, simultaneously filing a report with law enforcement.After 24 hours of negotiation efforts, the attacker agreed to return 90% of the stolen funds in exchange for a 10% white-hat bounty and a cease of further legal action.Binance highlighted that ecosystem-wide collaboration, swift technical analysis, and law enforcement pressure were crucial to this successful recovery.Broader ImplicationsThe KiloEx incident underscores the growing sophistication of cross-chain exploits but also demonstrates the maturing resilience of the crypto ecosystem through real-time collaboration between centralized exchanges, DeFi platforms, and regulatory authorities.Binance reaffirmed its commitment to protecting users and maintaining trust across Web3 platforms by responding swiftly to security incidents.
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Binance to Launch New Spot Trading Bots for FET/USDC and RENDER/USDC Pairs on April 29

Expansion Aims to Enhance Trading Flexibility Through Spot Grid and Spot DCA StrategiesBinance has announced the expansion of its Spot Trading Bots services with the addition of new trading pairs, effective April 29, 2025, at 08:00 UTC.The FET/USDC and RENDER/USDC pairs will become available for both Spot Grid and Spot Dollar-Cost Averaging (DCA) strategies. The move is aimed at offering users more automated trading options and enhancing the overall Spot trading experience.Details of New Trading Bots ServicesFeatureDetailsLaunch DateApril 29, 2025, 08:00 UTCTrading Bots EnabledSpot Grid and Spot DCANew Trading PairsFET/USDC and RENDER/USDCBinance users will be able to automate their trading strategies on these pairs, choosing between grid trading — ideal for capturing market volatility — or DCA — suited for systematic investment over time.Important Eligibility InformationTrading of these new pairs is subject to regional eligibility. Users must complete account verification to access the new trading services.Currently, residents of the following countries and regions are restricted from trading these pairs:CanadaCubaCrimea RegionIranNetherlandsNorth KoreaSyriaUnited States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands)Non-government controlled areas of UkraineBinance noted that the list of restricted jurisdictions may be updated periodically based on changes in legal and regulatory frameworks.
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Binance Futures Adjusts Funding Rate Settlement Frequency for USDⓈ-M Perpetual Contracts

According to Binance's official announcement, effective from 2025-05-02 08:00 (UTC), Binance Futures will modify the funding rate settlement frequency for USDⓈ-M Perpetual Contracts. This adjustment aims to enhance user experience by aligning the settlement frequency with market conditions.Adjustment Details- The funding rate settlement frequency will change from every eight or four hours to every one hour if the previous funding rate settlement reaches the funding rate cap/floor.- For instance, the USDⓈ-M BTCUSDT perpetual contract, with a funding rate cap/floor of +0.3% / -0.3%, will see its settlement frequency adjusted to every one hour if the rate hits these limits.- The adjustment will be implemented approximately 15 minutes after the previous funding rate settlement reaches the cap/floor.Understanding Funding Rates- Funding rates are crucial for aligning the price of perpetual contracts with the underlying asset's spot market price.- These rates are exchanged directly between traders, with long-position holders paying short-position holders when the rate is positive, and vice versa.- The rates are influenced by market conditions, typically lower during low volatility and potentially reaching maximum levels during high volatility.- Users are advised to monitor their positions and collateral closely to avoid margin calls and liquidations.Exceptions and Additional Information- The USDⓈ-M FLMUSDT perpetual contract will maintain a funding rate settlement frequency of every two hours until further notice.- USDⓈ-M VOXELUSDT and ALPACAUSDT contracts will continue with a one-hour frequency, subject to future changes.- Users can access real-time funding rate information and history through Binance's platform or via API endpoints.This adjustment reflects Binance's commitment to optimizing its services in response to market dynamics, ensuring a seamless trading experience for its users. Further announcements will be made if additional changes are implemented.
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Binance to List Sign (SIGN) and Launch HODLer Airdrops for BNB Subscribers

Trading Set for April 28, With Retroactive Rewards for Simple Earn UsersBinance has announced that Sign (SIGN), a project focused on global credential verification and token distributions, will be listed as the 16th project on the HODLer Airdrops page. Spot trading for SIGN is scheduled to commence on April 28, 2025, at 11:00 UTC.Eligible users who subscribed BNB to Simple Earn (Flexible or Locked) and/or On-Chain Yields products between April 15, 00:00 UTC and April 19, 23:59 UTC will receive SIGN airdrops based on their historical BNB holdings.Trading and Airdrop DetailsSpot Trading Pairs: SIGN/USDT, SIGN/USDC, SIGN/BNB, SIGN/FDUSD, and SIGN/TRYSpot Trading Launch: April 28, 11:00 UTCAirdrop Distribution: Tokens will be deposited into users' Spot Accounts at least one hour before spot trading begins.Seed Tag Applied: Due to the project's early-stage naturePrior to the spot launch, SIGN will be available for trading on Binance Alpha starting April 28 at 10:00 UTC. After the main spot market listing, SIGN will no longer be showcased on Binance Alpha.Tokenomics OverviewToken Name: Sign (SIGN)Genesis Total Supply: 10,000,000,000 SIGNCirculating Supply at Listing: 1,200,000,000 SIGN (12% of total supply)HODLer Airdrops Allocation: 200,000,000 SIGN (2.00% of total supply)Future Marketing Allocation: 150,000,000 SIGN (1.50% of total supply, released 3 months post-listing)Network: EthereumSmart Contract Address: 0x868FCEd65edBF0056c4163515dD840e9f287A4c3Listing Fee: 0A detailed research report on SIGN will be available within 24 hours of this announcement.
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Binance Rolls Out Five New Features for Spot Copy Trading

Platform Adds Auto-Invest, Mock Copy Trading, and Expanded Transparency ToolsBinance has introduced five new features to its Spot Copy Trading platform, aiming to enhance user control, transparency, and accessibility. The update comes as copy trading continues to gain traction, particularly among newer participants in the crypto market.According to Binance, the number of Spot Copy Trading portfolios has grown more than 52 times over the past year, as users increasingly look to replicate the strategies of more experienced traders.New Features IntroducedAuto-Invest IntegrationThe new Auto-Invest feature allows users to automatically copy trades from selected Lead Traders. Users can set parameters such as investment amount, copy frequency, and stop-loss thresholds. Once configured, trades are mirrored automatically without the need for manual input.Lead Trader Comparison ToolA comparison tool has also been added, allowing users to evaluate Lead Traders based on a range of metrics including return on investment (ROI), win rate, total profit and loss, and number of current followers. The tool is intended to help users make more informed decisions when selecting portfolios to copy.Mock Copy TradingTo support risk-free learning, Binance now offers Mock Spot Copy Trading, enabling users to simulate trades using virtual funds. Up to 10 mock portfolios can be tracked simultaneously. While these portfolios do not involve real assets, users can observe how strategies perform in real time.Order TransparencyA new Failed Orders tab has been added to improve transparency. In addition to active and completed trades, users will now be able to see which trades did not execute and why, giving more visibility into overall portfolio performance.Private Portfolios for Lead TradersBinance has also introduced the option for Lead Traders to create invite-only portfolios. This allows them to restrict access to certain trading strategies, which may be useful for those managing private communities or offering premium trading content.
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