Binance

Binance has secured the top position in CoinDesk's Exchange Benchmark for both spot and derivatives trading categories. The assessment evaluated 87 cryptocurrency exchanges globally. Key highlights: - First place in both spot and derivatives categories - Assessment focused on security and user experience - Platform serves over 270 million users This achievement follows Binance's recent recognition at Brazil's 2023 Experience Awards. For detailed insights, view the complete report at [CoinDesk Exchange Benchmark](https://data.coindesk.com/reports/exchange-benchmark-april-2025)

Binance announces the listing of Space and Time (SXT) token with multiple launch initiatives: - Alpha Trading begins May 8, 2025, at 12PM UTC - Spot Trading follows at 1PM UTC - Users with 150+ Alpha Points receive 512 SXT airdrop - Lucky airdrop for users with 66-149 points (UID ending in 1) - Trading competition offers 2,500,000 SXT prize pool Prior to listing, users can farm SXT through Binance Launchpool by staking BNB, FDUSD, or USDC. [Learn more about the listing](https://www.binance.com/en/support/announcement/detail/9b3991da45594b3dab9fa0a12647d3d3)

Bitcoin has climbed back to the $100,000 mark, matching its early February 2025 levels. This represents a significant recovery after a three-month period below this threshold. The cryptocurrency previously achieved this milestone in December 2024, when it first broke through $105,000. Key points: - Current price: $100,000 - Previous peak: $105,000 (December 2024) - Last time at this level: February 2025 *Market observers note this represents resilience in the cryptocurrency market after recent consolidation.*

Binance has released its latest Proof of Reserves report for May 2025, maintaining its commitment to full asset transparency. The report confirms 1:1 backing of all user assets on the platform. This milestone follows a year of significant improvements since Binance first launched its Proof-of-Reserves system in 2022. Key developments include: - Implementation of zero-knowledge technology - Support for over 30 digital assets - Regular monthly reporting cycles Users can verify the latest reserves data at [Binance's Proof of Reserves portal](https://www.binance.com/en/proof-of-reserves)

Binance Alpha has launched a new trading competition featuring Sonic Chain tokens with a substantial prize pool of $2.2 million in rewards. - Competition is now live on Binance Alpha platform - Participants can trade Sonic Chain tokens to compete for prizes - Limit order trading is recommended for optimal results This follows a series of successful trading competitions on BNB Smart Chain, which featured tokens like B2, AIOT, MYX, and ZKJ. **How to Participate:** 1. Access Binance Alpha platform 2. Trade Sonic Chain tokens 3. Use limit orders for better trading execution [Join the competition here](https://binance.com/alpha)

Binance has introduced Terminal on Binance Square, a new feature enabling real-time trading interaction and community engagement. Key features: - Live trade sharing on BTC K-line charts - Real-time visibility of other traders' activities - Performance comparison with community members - Live discussion capabilities for market movements The update builds on recent improvements to their Kline chart system, which added drag-and-drop order modification and price alerts. [Try Terminal on Binance Square](https://app.binance.com/uni-qr/cterm/BTC?scene=share_link)

Following a 7.7 magnitude earthquake in Thailand, Binance implemented comprehensive disaster management protocols: - Rapid evacuation procedures for staff - Real-time support systems activation - Focus on employee safety and wellbeing Previously, Binance Charity and CZ launched a $1.5M relief effort in BNB token vouchers for affected users in Myanmar and Thailand regions. Read the full report on Binance's crisis response: [Binance Blog](https://www.binance.com/en/blog/community/thailand-earthquake-crisis-response-a-birds-eyeview-of-binances-hardcore-disaster-management-5841652708077006522)

Binance Pool introduces two new mining promotions: - New miners can earn from a 1,000 USDC token voucher pool by completing missions and boosting BTC hashrate - Existing miners can participate in CKB/BTC mining program to share 30,000 CKB in bonuses *Promotion period is active now* [Join Binance Pool](https://www.binance.com/en/support/announcement/detail/0846b189bb0e4c01a40f5b2ce658d556)

Binance has announced the addition of Space and Time (SXT) to its Launchpool platform. Users can now earn SXT rewards through three farming options: - Lock BNB to farm SXT - Lock FDUSD to farm SXT - Lock USDC to farm SXT This follows Binance's recent successful launch of WalletConnect token (WCT) on Launchpool in April 2025. [Learn more about SXT farming on Binance](https://www.binance.com/en/support/announcement/7d695afee5c14c789dd8accb05cda42a)

Binance and Financial Times' collaborative content campaign addressing crypto misconceptions has secured Silver in the Corporate Image category at the 31st Annual FCS Portfolio Awards. This recognition follows Binance's recent #1 ranking in Fortune's Fintech Innovators Asia 2024 list for blockchain and crypto innovation. The campaign, focused on demystifying cryptocurrency, places Binance's educational content alongside major financial institutions. - Award: Silver in Corporate Image category - Event: 31st Annual FCS Portfolio Awards - Partnership: Binance x Financial Times - Focus: Crypto myth-busting content [Read more about Binance's Fortune ranking](https://fortune.com/asia/ranking/fintech-innovators-asia/2024/)