Cryptocurrency exchange Binance has halted its futures trading platform, prompting a wave of uncertainty in the market. The trading giant confirmed this move earlier Friday, attributing it to an ongoing technical issue. Binance’s team is currently working to address the problem, aiming for a swift resolution and resumption of trading. While the exact cause remains unclear, some speculate that internal system errors might be at play. Binance is undeniably a global leader in derivatives trading, handling more than half of the world’s volume. This suspension has created a temporary disruption amongst competitors like OKX, Bitget, and the CME Group, which focuses on regulated futures for Bitcoin, Ethereum, and other major cryptocurrencies.