🚀 Nasdaq Proposes Clear Classification for Digital Assets to SEC

According to Odaily, Nasdaq has sent a letter to the U.S. Securities and Exchange Commission (SEC) suggesting the establishment of a clear taxonomy for digital assets in the United States. The proposal aims to define four major categories of digital assets to facilitate regulatory clarity. Nasdaq believes that precise classification will help determine the responsible regulatory bodies, with securities-related assets falling under the SEC's jurisdiction and commodity-related assets under the Commodity Futures Trading Commission (CFTC). Additionally, Nasdaq recommends that both regulatory agencies develop trading rules applicable to multiple categories of digital assets.

#Nasdaq #SEC #digitalassets #taxonomy #regulatoryclarity #CFTC #tradingrules

🚀 Binance to Adjust Tick Size for USDⓈ-M Perpetual Futures Contracts

According to the announcement from Binance, the platform is set to adjust the tick size for several USDⓈ-M Perpetual Futures Contracts on 2025-06-12 at 06:00 (UTC). This change aims to enhance market liquidity and improve the trading experience for users. The adjustment will not affect the overall trading operations of USDⓈ-M Futures, and API users will notice a change in tick size as well. Users can access the latest tick size information through the GET /fapi/v1/exchangeInfo API endpoint.

The tick size update will not impact existing orders. Orders placed before the update will continue to be matched with the original tick size. The specific adjustments are as follows: For the MEUSDT trading pair, the tick size will change from 0.001 to 0.0001. The SLERFUSDT, BMTUSDT, MOCAUSDT, NFPUSDT, PORTALUSDT, TSTUSDT, and LOKAUSDT trading pairs will see their tick sizes adjusted from 0.0001 to 0.00001. Meanwhile, the MLNUSDT trading pair will have its tick size changed from 0.01 to 0.001.

Traders are advised to review the Trading Rules for more detailed information and adjust their trading strategies accordingly to avoid any unnecessary impact. This update is part of Binance's ongoing efforts to optimize trading conditions and provide a better user experience. The platform emphasizes that the tick size adjustment is a technical change and does not alter the fundamental trading operations of the affected contracts.

#Binance #USDPerpetualFutures #TickSize #MarketLiquidity #TradingExperience #API #TradingRules #CryptoTrading #UserExperience

🚀 Binance to Adjust Tick Size for USDⓈ-M Perpetual Futures Contract

According to the announcement from Binance, the platform is set to adjust the tick size for the USDⓈ-M Perpetual Futures Contract on 2025-09-02 at 15:45 (UTC). This change aims to enhance market liquidity and improve the trading experience for users. The adjustment will not affect the overall operations of USDⓈ-M Futures trading, and API users will notice changes in tick size as well. Users can access the latest tick size information through the API endpoint GET /fapi/v1/exchangeInfo.

The update will not impact existing orders, as those placed before the adjustment will continue to be matched with the original tick size. Specifically, the tick size for the SOMIUSDT trading pair will change from 0.001 to 0.0001. Binance advises users to review the Trading Rules and adjust their trading strategies accordingly to mitigate any potential impact. This adjustment is part of Binance's ongoing efforts to optimize trading conditions and provide a seamless experience for its users.

#Binance #TickSize #PerpetualFutures #SOMIUSDT #ExchangeInfo #TradingRules #API

🚀 Paradex User Faces Account Lock and Losses After Trading Incident

According to ChainCatcher, a user named Systemic Strategies reported a significant financial loss after trading options with low implied volatility on Paradex. Following these trades, the user's account was locked, and positions were forcibly liquidated, resulting in a loss of $218,922. The user had initially considered reporting an issue with option pricing through a bug bounty program and even sent an email regarding the matter. However, after testing, they found that unrealized profits could not be withdrawn, and Paradex's market makers did not adjust the pricing. Consequently, the user continued trading as usual. Later, the platform acknowledged the pricing error but accused the user of violating trading rules, labeling them as an 'attacker' and refusing compensation.

#Paradex #AccountLock #FinancialLoss #OptionsTrading #ImpliedVolatility #BugBounty #PricingError #MarketMaker #TradingRules #Violation #UnrealizedProfits #ForcedLiquidation #TradingIncident

🚀 Binance to Cancel Pending Orders for Enhanced Trading Stability

According to the announcement from Binance, the platform will cancel all pending spot and margin orders placed before January 1, 2024, at 00:00 (UTC) on January 21, 2026, at 07:00 (UTC). This decision aims to mitigate the risk of unintended trades that may occur under extreme market conditions, which could lead to executions that do not align with users' current trading intentions. The cancellation process will only affect unfilled historical orders and will not impact completed trades. Binance assures users that their assets remain secure, with no effect on fund security, account access, or withdrawal capabilities.

Users are encouraged to place new orders at any time to replace any canceled ones. Additionally, they have the option to manually cancel any pending spot and margin orders placed before January 1, 2024, at any time before the automatic cancellation event. This measure is part of Binance's routine system maintenance and risk management efforts, designed to protect users from unintended order executions during periods of high market volatility. The practice of canceling long-standing unfilled orders is common in traditional exchanges and supports effective risk management while maintaining a stable trading environment. Users are advised to refer to Rule 111 of Binance’s Exchange Rules for further details. For any questions or assistance, Binance's Customer Support team is available 24/7.

#Binance #pendingorders #spotandmargin #tradingstability #marketvolatility #riskmanagement #cryptocurrency #exchanges #tradingrules #customersupport

🚀 Binance to Adjust Tick Size for USDⓈ-M Perpetual Futures Contracts

According to the announcement from Binance, the platform is set to adjust the tick size for several USDⓈ-M Perpetual Futures Contracts on 2026-03-05 at 07:00 (UTC). This change aims to enhance market liquidity and improve the trading experience for users. The adjustment will not impact the overall trading operations of USDⓈ-M Futures, but it will affect the tick size via API. Users who utilize API services can access the latest tick size information through the GET /fapi/v1/exchangeInfo endpoint. The update will not affect existing orders, as those placed before the adjustment will continue to be matched with the original tick size.

The specific adjustments to the tick size are detailed as follows: For the MYXUSDT trading pair, the tick size will change from 0.001 to 0.0001. The GRIFFAINUSDT pair will see a modification from 0.00001 to 0.000001. Similarly, the 4USDT and AUSDT pairs will adjust from 0.00001 to 0.000001 and from 0.0001 to 0.00001, respectively. Other pairs such as MIRAUSDT, SCRTUSDT, HEIUSDT, DRIFTUSDT, ZKCUSDT, and LISTAUSDT will also experience changes from 0.0001 to 0.00001. The A2ZUSDT pair will adjust from 0.000001 to 0.0000001, while the LAYERUSDT pair will change from 0.0001 to 0.00001. Binance advises users to refer to the Trading Rules for more details and to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.

#Binance #TickSize #USDⓈMPerpetualFutures #MarketLiquidity #TradingExperience #API #TradingPairs #MYXUSDT #GRIFFAINUSDT #AUSDT #MIRAUSDT #SCRTUSDT #HEIUSDT #DRIFTUSDT #ZKCUSDT #LISTAUSDT #A2ZUSDT #LAYERUSDT #TradingRules #FuturesContracts

🚀 P2P.me Apologizes for Placing Bets on Its Own Fundraising

P2P.me has issued an apology for engaging in wagers on Polymarket related to its own fundraising activities, specifically the MetaDAO raise. According to NS3.AI, the trades resulted in a profit of less than $15,000. MetaDAO has announced plans to facilitate refunds before the public fundraising round concludes on Tuesday. Sources familiar with the situation revealed that P2P.me's major investors were not informed about these wagers. Polymarket had recently updated its rules to prohibit trading by individuals who could potentially influence the outcome of an event.

#P2Pme #apology #bets #Polymarket #MetaDAO #fundraising #refunds #NS3AI #investors #tradingrules