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: Netflix, Coinbase, Diageo, Cava and more

February 25, 2026

Check out some of the companies making headlines in midday trading. Coinbase — The cryptocurrency exchange’s stock jumped 12% as it launched stock trading on its platform. The move is part of Coinbase’s strategy to become the place for investors to trade not only cryptocurrency but also stocks, exchange traded funds and place prediction market […]

Are collectibles a viable asset class? The buyer of the .5 million Pokémon card thinks so

Finance

Are collectibles a viable asset class? The buyer of the $16.5 million Pokémon card thinks so

February 25, 2026

Key Points Logan Paul auctioned and sold his Pokémon Illustrator card for a record $16.5 million to AJ Scaramucci. Scaramucci sees the card as an investment, as the trading card market has both grown and seen prices surge in recent years. While collectibles can be a way to diversify portfolios, some warn they shouldn’t be […]

Finance

Stocks making the biggest moves premarket: First Solar, GoDaddy, Lowe’s, Workday, Cava and more

February 25, 2026

Check out the companies making headlines before the bell. GoDaddy — Shares dropped 9% after the company forecasted annual revenue below estimates, citing slow AI-related adoption. GoDaddy said it expects its revenue to come in between $5.195 billion and $5.275 billion this year, falling short of analysts’ consensus estimate of $5.28 billion, according to FactSet. […]