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

Here’s what changed in the new Fed statement

December 10, 2025

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in October. Text removed from the October statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]

Finance

Divided Fed approves third rate cut this year, sees slower pace ahead

December 10, 2025

Key Points A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday in a 10-3 vote, but signaled a tougher road ahead for further reductions. The FOMC’s “dot plot” indicated just one more reduction in 2026 and another in 2027, amid considerable disagreement from members about where rates should […]

Finance

Stocks making the biggest moves midday: Photronics, AeroVironment, Maplebear, GE Vernova & more

December 10, 2025

Check out the companies making the biggest moves midday: Photronics — The maker of flat panel display components rallied more than 37% on better-than-expected results for its fiscal fourth quarter. Photronics’ first-quarter earnings guidance also exceeded estimates. Maplebear — The grocery delivery platform stumbled 6% after Amazon announced in a blog post that its same-day […]