Binance Futures Outage Impacts $10 Billion USD-Margined Contracts

A recent outage affecting Binance futures markets caused a halt in USD-margined contracts worth $10 billion. The outage lasted for 25 minutes, causing market disruption before recovery. While spot markets continued to operate normally, the incident raises concerns about the potential impact on investor trust and market dynamics. Binance has remained silent regarding the cause of the outage.