Binance deploys $1 billion to keep crypto field afloat just after FTX collapse

Binance deploys billion to keep crypto field afloat just after FTX collapse

Critical Details

Binance stated it will commit $1 billion in first commitments to the recovery fund.
It may possibly raise that quantity to $2 billion at a point in time in the upcoming “if the want occurs,” the firm additional.
Considering that FTX’s rapid winddown, buyers have concerned about a crypto contagion influencing each individual corner of the sector.

Supply

Finance

Stocks making the biggest moves midday: Oracle, Cleveland-Cliffs, Nexstar, Workday, Hims & Hers

February 9, 2026

Check out some of the companies making the biggest moves midday: Kyndryl Holdings — The IT infrastructure services provider spun out from IBM tumbled 55% after Kyndryl disclosed in a regulatory filing that its audit committee is reviewing the company’s cash management practices. It also reported CFO David Wyshner and General Counsel Edward Sebold have […]

Finance

Stocks making the biggest moves premarket: Oracle, Novo Nordisk, Hims & Hers Health, Kroger and more

February 9, 2026

Check out the companies making headlines before the bell. Oracle — Shares rose 2% after the technology firm received an upgrade to buy from neutral from DA Davidson. ” We believe that a revamped OpenAI will return to its position as Google’s top challenger and with a fresh stack of capital be able to live […]

Finance

S&P is already predicting China’s property slump will be worse than it expected this year

February 9, 2026

Key Points S&P Global Ratings said China’s primary real estate sales will likely drop by between 10% to 14% this year, worse than the 5% to 8% decline for 2026 sales the firm predicted back in October. “This is a downturn so entrenched that only the government has capacity to absorb the excess inventory,” the […]