Joelkamathe
48 Posts
Joelkamathe
Report
Block User
Binance Angel
Open Trade
Frequent Trader
5.4 Years
7 Following
69 Followers
43 Liked
Posts
Portfolio
All
Quotes
Live
·
--
Update:
Binance has begun recovering the affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms, and industry partners to trace, freeze, and recover additional funds.
The company had already publicly committed in its previous announcement to cover the losses with its own funds.
Binance has already set aside more than $6.34 billion in its own funds to cover this incident. Of this amount, $5 billion is already held in the same affected tokenized assets. We are finalizing the purchase of the remaining amount by acquiring tokenized assets through markets and over-the-counter (OTC) channels. We are doing this to match the nature of the remaining tokenized assets and fill any asset shortfall. This step may take longer, as some tokens may have low liquidity, and settling OTC transactions also takes time. We will share further updates as soon as possible.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification procedures. To date, $3 billion has been frozen, thanks to our industry partners. We are working with our partners and law enforcement to recover the frozen assets. We will continue to use company resources to cover any confirmed shortfall and provide further verified updates as recovery efforts progress. Ultimately, all user funds will be publicly verified through our Proof of Reserves.
We will get through this. Thank you for your support.
Source:
https://x.com/binance/status/2116121748555153621?a=DKgdpL87E-EDVJ9AfVM&s=46
Update:
Binance has begun recovering the affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms, and industry partners to trace, freeze, and recover additional funds.
The company had already publicly committed in its previous announcement to cover the losses with its own funds.
Binance has already set aside more than $6.34 billion in its own funds to cover this incident. Of this amount, $5 billion is already held in the same affected tokenized assets. We are finalizing the purchase of the remaining amount by acquiring tokenized assets through markets and over-the-counter (OTC) channels. We are doing this to match the nature of the remaining tokenized assets and fill any asset shortfall. This step may take longer, as some tokens may have low liquidity, and settling OTC transactions also takes time. We will share further updates as soon as possible.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification procedures. To date, $3 billion has been frozen, thanks to our industry partners. We are working with our partners and law enforcement to recover the frozen assets. We will continue to use company resources to cover any confirmed shortfall and provide further verified updates as recovery efforts progress. Ultimately, all user funds will be publicly verified through our Proof of Reserves.
We will get through this. Thank you for your support.
Source:
https://x.com/binance/status/2116121748555153621?a=DKgdpL87E-EDVJ9AfVM&s=46
Binance has begun recovering the affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms, and industry partners to trace, freeze, and recover additional funds.
The company had already publicly committed in its previous announcement to cover the losses with its own funds.
Binance has already set aside more than $6.34 billion in its own funds to cover this incident. Of this amount, $5 billion is already held in the same affected tokenized assets. We are finalizing the purchase of the remaining amount by acquiring tokenized assets through markets and over-the-counter (OTC) channels. We are doing this to match the nature of the remaining tokenized assets and fill any asset shortfall. This step may take longer, as some tokens may have low liquidity, and settling OTC transactions also takes time. We will share further updates as soon as possible.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification procedures. To date, $3 billion has been frozen, thanks to our industry partners. We are working with our partners and law enforcement to recover the frozen assets. We will continue to use company resources to cover any confirmed shortfall and provide further verified updates as recovery efforts progress. Ultimately, all user funds will be publicly verified through our Proof of Reserves.
We will get through this. Thank you for your support.
Source:
https://x.com/binance/status/2116121748555153621?a=DKgdpL87E-EDVJ9AfVM&s=46
3
2
609
·
--
Binance will cover all losses
Binance will cover all losses
Binance Square Official
·
--
Binance will cover all losses.
As a precaution, all deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We are working around the clock and will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
As a precaution, all deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We are working around the clock and will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
1
·
--
It’s pretty funny, isn’t it? No, the #trend with #CZ
It’s pretty funny, isn’t it? No, the #trend with #CZ
2
2
309
·
--
*🚨 IMMENSE CRYPTO FLASH CRASH*🥶
*Bitcoin has dropped by $1,900, liquidating more than $200 million in long positions and wiping $60 billion from the crypto market.*
*All of this happened in 15 minutes.*
*🚨 IMMENSE CRYPTO FLASH CRASH*🥶
*Bitcoin has dropped by $1,900, liquidating more than $200 million in long positions and wiping $60 billion from the crypto market.*
*All of this happened in 15 minutes.*
*Bitcoin has dropped by $1,900, liquidating more than $200 million in long positions and wiping $60 billion from the crypto market.*
*All of this happened in 15 minutes.*
2
818
·
--
Stablecoins are entering the realm of traditional finance.
The new report from #Binance Research reveals that the trading volume of perpetual contracts tied to traditional finance has exceeded 1.1 trillion US dollars. Binance alone holds about 47% of this market (i.e., about 500 billion #dollars (US dollars), a volume built in just 5 months.
This is no longer a phenomenon unique to cryptocurrencies. Stablecoins are becoming the settlement layer for all finance.
📊 Read the full report: https://www.binance.com/en/research/analysis/stablecoins-transforming-the-financial-landscape
Drop a 🔥 if you’re seeing this figure for the first time.
Stablecoins are entering the realm of traditional finance.
The new report from #Binance Research reveals that the trading volume of perpetual contracts tied to traditional finance has exceeded 1.1 trillion US dollars. Binance alone holds about 47% of this market (i.e., about 500 billion #dollars (US dollars), a volume built in just 5 months.
This is no longer a phenomenon unique to cryptocurrencies. Stablecoins are becoming the settlement layer for all finance.
📊 Read the full report: https://www.binance.com/en/research/analysis/stablecoins-transforming-the-financial-landscape
Drop a 🔥 if you’re seeing this figure for the first time.
The new report from #Binance Research reveals that the trading volume of perpetual contracts tied to traditional finance has exceeded 1.1 trillion US dollars. Binance alone holds about 47% of this market (i.e., about 500 billion #dollars (US dollars), a volume built in just 5 months.
This is no longer a phenomenon unique to cryptocurrencies. Stablecoins are becoming the settlement layer for all finance.
📊 Read the full report: https://www.binance.com/en/research/analysis/stablecoins-transforming-the-financial-landscape
Drop a 🔥 if you’re seeing this figure for the first time.
1
162
·
--
📈 TRADERS MEETUP KINSHASA – REGISTRATION OPEN!
Are you a Forex Trader, a commodities trader, or someone interested in synthetic indices, and futures trading seems like a mystery to you ???
Join us by clicking the link—this event is made for you.
Finally, you’ll understand how to trade crypto in futures.
The Binance community is meeting in Kinshasa for a day dedicated to trading, crypto markets, and networking.
📍 Auditorium, Silikin Village
📅 Saturday, July 4, 2026
⏰ 1:00 PM - 6:00 PM
Whether you’re a beginner or an experienced trader, come connect with the community, discover today’s market trends, and share your experiences with other enthusiasts.
🎯 Program includes :
• Crypto market analysis
• Discussions on futures trading strategies
• Networking and community exchanges
• Live Q&A
🎁 On-site prizes :
• Exclusive Binance swag
• A $200 prize pool to be shared live with participants
🔥 Analyze. Exchange. Improve. Win.
⚠️ Limited seats available.
📲 Register now by clicking here and join us at Silikin Village!
https://www.binance.events/oPO9AK
📈 TRADERS MEETUP KINSHASA – REGISTRATION OPEN!
Are you a Forex Trader, a commodities trader, or someone interested in synthetic indices, and futures trading seems like a mystery to you ???
Join us by clicking the link—this event is made for you.
Finally, you’ll understand how to trade crypto in futures.
The Binance community is meeting in Kinshasa for a day dedicated to trading, crypto markets, and networking.
📍 Auditorium, Silikin Village
📅 Saturday, July 4, 2026
⏰ 1:00 PM - 6:00 PM
Whether you’re a beginner or an experienced trader, come connect with the community, discover today’s market trends, and share your experiences with other enthusiasts.
🎯 Program includes :
• Crypto market analysis
• Discussions on futures trading strategies
• Networking and community exchanges
• Live Q&A
🎁 On-site prizes :
• Exclusive Binance swag
• A $200 prize pool to be shared live with participants
🔥 Analyze. Exchange. Improve. Win.
⚠️ Limited seats available.
📲 Register now by clicking here and join us at Silikin Village!
https://www.binance.events/oPO9AK
Are you a Forex Trader, a commodities trader, or someone interested in synthetic indices, and futures trading seems like a mystery to you ???
Join us by clicking the link—this event is made for you.
Finally, you’ll understand how to trade crypto in futures.
The Binance community is meeting in Kinshasa for a day dedicated to trading, crypto markets, and networking.
📍 Auditorium, Silikin Village
📅 Saturday, July 4, 2026
⏰ 1:00 PM - 6:00 PM
Whether you’re a beginner or an experienced trader, come connect with the community, discover today’s market trends, and share your experiences with other enthusiasts.
🎯 Program includes :
• Crypto market analysis
• Discussions on futures trading strategies
• Networking and community exchanges
• Live Q&A
🎁 On-site prizes :
• Exclusive Binance swag
• A $200 prize pool to be shared live with participants
🔥 Analyze. Exchange. Improve. Win.
⚠️ Limited seats available.
📲 Register now by clicking here and join us at Silikin Village!
https://www.binance.events/oPO9AK
1
14
·
--
What do you think about #trx ? Is it time for it to take off or is this just a calm before the storm?
What do you think about #trx ? Is it time for it to take off or is this just a calm before the storm?
365
·
--
Using Binancepay #binancepay is super effective, especially during tough times when cash transactions become vulnerable to contamination. Just look at the Democratic Republic of Congo and Uganda today because of the Ebola virus #Ebola . This payment method is becoming more efficient and accessible to combat the spread of this disease.
Using Binancepay #binancepay is super effective, especially during tough times when cash transactions become vulnerable to contamination. Just look at the Democratic Republic of Congo and Uganda today because of the Ebola virus #Ebola . This payment method is becoming more efficient and accessible to combat the spread of this disease.
2
1.9k
·
--
Binance is stepping up with a hefty 250,000 $ d in humanitarian funds to back the frontline response against the ongoing Ebola outbreak in the Democratic Republic of the Congo (DRC) and Uganda.
This funding will be evenly split between the Uganda Red Cross and Médecins Sans Frontières (MSF). Each organization will leverage its expertise to tackle the most urgent needs of the affected and high-risk communities.
Announcement: https://www.binance.com/fr-AF/support/announcement/detail/3d73a069180a474e9d6b69ffff140aa1
Blog: https://www.binance.com/fr-AF/blog/all/51419293315675855#Binance
Binance is stepping up with a hefty 250,000 $ d in humanitarian funds to back the frontline response against the ongoing Ebola outbreak in the Democratic Republic of the Congo (DRC) and Uganda.
This funding will be evenly split between the Uganda Red Cross and Médecins Sans Frontières (MSF). Each organization will leverage its expertise to tackle the most urgent needs of the affected and high-risk communities.
Announcement: https://www.binance.com/fr-AF/support/announcement/detail/3d73a069180a474e9d6b69ffff140aa1
Blog: https://www.binance.com/fr-AF/blog/all/51419293315675855#Binance
This funding will be evenly split between the Uganda Red Cross and Médecins Sans Frontières (MSF). Each organization will leverage its expertise to tackle the most urgent needs of the affected and high-risk communities.
Announcement: https://www.binance.com/fr-AF/support/announcement/detail/3d73a069180a474e9d6b69ffff140aa1
Blog: https://www.binance.com/fr-AF/blog/all/51419293315675855#Binance
3
1
269
·
--
For Binance's 9th anniversary, Binance decided to send me a gift.
Beyond trading, crypto is about giving back to the community to make a positive impact.
Positivity isn't just about making bank in this space. It's also about teaching people to really understand this ecosystem, even if they never become traders like us, so they can spot scams and navigate safely in different territories. That's the mission I've taken on for the past two years. It was right after I got out of prison for making a transaction worth several thousand dollars in crypto#crypto .
Today, I'm part of the African community of Binance Angels to make my small contribution to this cause.
Have a great day everyone!
For Binance's 9th anniversary, Binance decided to send me a gift.
Beyond trading, crypto is about giving back to the community to make a positive impact.
Positivity isn't just about making bank in this space. It's also about teaching people to really understand this ecosystem, even if they never become traders like us, so they can spot scams and navigate safely in different territories. That's the mission I've taken on for the past two years. It was right after I got out of prison for making a transaction worth several thousand dollars in crypto#crypto .
Today, I'm part of the African community of Binance Angels to make my small contribution to this cause.
Have a great day everyone!
Beyond trading, crypto is about giving back to the community to make a positive impact.
Positivity isn't just about making bank in this space. It's also about teaching people to really understand this ecosystem, even if they never become traders like us, so they can spot scams and navigate safely in different territories. That's the mission I've taken on for the past two years. It was right after I got out of prison for making a transaction worth several thousand dollars in crypto#crypto .
Today, I'm part of the African community of Binance Angels to make my small contribution to this cause.
Have a great day everyone!
2
500
·
--
Here’s the latest BTC market update (BTC/USDT) on Binance Spot (as of May 29, 2026, 18:17 UTC):
Current Price: 73,916.51 USDT
24h Change: +0.32% (24h Open: 73,683.99)
24h High: 74,514.10
24h Low: 72,512.49
24h Volume: 18,144.46 BTC (≈ 1.34B USDT)
Set a BTC price alert (e.g., 75,000 or 72,000)
Check out the ETH/USDT update
#Btc
Here’s the latest BTC market update (BTC/USDT) on Binance Spot (as of May 29, 2026, 18:17 UTC):
Current Price: 73,916.51 USDT
24h Change: +0.32% (24h Open: 73,683.99)
24h High: 74,514.10
24h Low: 72,512.49
24h Volume: 18,144.46 BTC (≈ 1.34B USDT)
Set a BTC price alert (e.g., 75,000 or 72,000)
Check out the ETH/USDT update
#Btc
Current Price: 73,916.51 USDT
24h Change: +0.32% (24h Open: 73,683.99)
24h High: 74,514.10
24h Low: 72,512.49
24h Volume: 18,144.46 BTC (≈ 1.34B USDT)
Set a BTC price alert (e.g., 75,000 or 72,000)
Check out the ETH/USDT update
#Btc
224
·
--
🥰
🥰
Eternel insatisfait
·
--
🚨 $OOE : Opportunity or simple correction ?
The market is correcting, fear is settling in… but it is often during these times that the best positions are built.
$OOE (OpenOcean) remains a key player in liquidity aggregation, a sector that is gaining importance with the expansion of multi-chain trading.
📉 The token is currently far from its peaks, a consequence of the overall market rather than a collapse of the project.
💡 Experienced investors know that :
✔️ We accumulate during fear
✔️ We benefit when liquidity returns
✔️ We avoid buying in euphoria
🌍 For many African investors, these corrections represent entry opportunities that the market does not often provide.
⚠️ Always do your own research and invest responsibly.
The question is not: why is it going down ?
The real question is: what will this project be worth in the next bull cycle ?
#Crypto #OOE #OpenOcean #BinanceSquare #DeFi #CryptoOpportunity #DYOR
The market is correcting, fear is settling in… but it is often during these times that the best positions are built.
$OOE (OpenOcean) remains a key player in liquidity aggregation, a sector that is gaining importance with the expansion of multi-chain trading.
📉 The token is currently far from its peaks, a consequence of the overall market rather than a collapse of the project.
💡 Experienced investors know that :
✔️ We accumulate during fear
✔️ We benefit when liquidity returns
✔️ We avoid buying in euphoria
🌍 For many African investors, these corrections represent entry opportunities that the market does not often provide.
⚠️ Always do your own research and invest responsibly.
The question is not: why is it going down ?
The real question is: what will this project be worth in the next bull cycle ?
#Crypto #OOE #OpenOcean #BinanceSquare #DeFi #CryptoOpportunity #DYOR
9
·
--
🚨 #$BTC BTC represents 40 years of work. Once ignored and rejected, it is now embraced worldwide.
🚨 #$BTC BTC represents 40 years of work. Once ignored and rejected, it is now embraced worldwide.
1
195
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Trending Topics
BinanceToResumePhaseOneOfWithdrawals
1,896 views
145 Discussing
Security Incident | Recovery Update #4: Withdrawals Resume in Phases (2026-11-01)
Binance Announcement
·153 Likes
·156.6k views
BinanceHadAlreadyCovered$6BofHackLoss
933 views
35 Discussing
FBIConfirmsNorthKoreaIsResponsibleForBinanceCryptoHack
4,923 views
40 Discussing