Binance futures users experienced issues trading on the platform in the early hours of April 10. The CEO, Changpeng 'CZ' Zhao, said that the exchange's futures UM Rest service/API had issues that affected its user interface and API but only impacted USD-Margined contracts. CZ later revealed that services had resumed after the exchange migrated off some affected servers. Binance's status page showed that all its systems operated optimally as of press time. The CZ-led exchange has come under increased scrutiny following recent events in the industry, including an enforcement action filed by the Commodities Futures Trading Commission and rumors of a red alert notice issued by Interpol for CZ, which CZ said was likely planted and sponsored by a rival exchange.
(By Oluwapelumi Adejumo)
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