Today’s JOLTS report showed a significant decline in open US jobs, a backdrop that may prove favorable for Bitcoin’s trajectory. This unexpected downturn in labor statistics often signals potential economic
In a recent announcement, Trump Media & Technology Group revealed their ambitions in the cryptocurrency arena. According to a shareholder letter, the company is considering the introduction of a utility
Chainlink (LINK) is currently consolidating around the $15 level, as bulls attempt to reclaim higher ground after a volatile yet promising few weeks. Despite facing stiff resistance near this zone, LINK continues to show strength amid a broader market rebound, holding steady while many other altcoins experience mixed performance. Related Reading: Ethereum Shows 4H Bearish Divergence – Can Bulls Hold $1,750? The asset is now up over 50% from its April lows, suggesting that bullish momentum is building beneath the surface. Market participants are closely watching for signs of a breakout, especially as the overall crypto market heats up and investors rotate capital back into high-potential altcoins. Adding to the optimism, top analyst Ali Martínez shared a technical chart indicating that the SuperTrend indicator has just flashed a buy signal on Chainlink’s daily chart. This indicator is often viewed as a reliable tool for identifying the start of new bullish phases or trend reversals. A confirmation of this signal could set the stage for further gains if bulls manage to clear the current resistance. As the market awaits clarity, LINK’s ability to hold its current level and potentially break higher may set the tone for its next significant move, possibly reigniting a long-awaited rally for the popular oracle protocol. Chainlink Eyes Breakout as Momentum Builds Chainlink has been range-bound between $10 and $16 since March, consolidating after a volatile start to the year. Despite the sideways action, market participants are increasingly focused on the potential for a breakout as LINK presses against its key resistance level around $16. A sustained move above this barrier could trigger a strong upside move, especially if accompanied by a broader altcoin rally. The current setup comes amid high-risk macroeconomic conditions. Global tensions continue to rise, particularly between the US and China, where escalating tariffs and trade disputes have sparked fears of a global recession. Such a backdrop adds a layer of caution to any bullish outlook, as risk assets remain vulnerable to sudden shifts in investor sentiment. Nevertheless, optimism for Chainlink has grown after Ali Martínez pointed out that the SuperTrend indicator has flashed a buy signal on LINK’s daily chart. This technical tool is often used to detect early trend reversals or sustained shifts in market direction. When it appears after a prolonged consolidation, as it has now, it can signal that bullish momentum is about to accelerate. If bulls manage to reclaim and hold levels above $16, it could confirm a trend change and potentially send LINK surging toward new 2024 highs. Still, until the price breakouts, the range remains in play—and so does the risk of another rejection. Related Reading: Solana Forms Textbook Cup And Handle Pattern – Massive Breakout Ahead? LINK Price Analysis: Key Levels Chainlink is currently trading at $15.10, gradually climbing toward the critical $16 resistance level. This zone has acted as a ceiling throughout April and May, and bulls now face a pivotal test. Reclaiming and holding above $16 would not only break the multi-week range but also set the stage for a possible breakout if momentum continues to build. The technical picture highlights the importance of the 200-day moving average (MA) and exponential moving average (EMA), both clustered in the $16–$17 range. These trend indicators have served as dynamic resistance in recent months, and a clean push above them could confirm a bullish reversal and open the path toward higher targets. However, the structure remains fragile, and failure to maintain strength could put LINK at risk of a deeper pullback. If the $14 support level breaks, selling pressure may accelerate, potentially dragging the price toward lower demand zones around $12 or even $10. Related Reading: Ethereum Reclaims Local Range Against BTC – Can Bulls Target The Range High? As the broader market heats up and speculative appetite returns, LINK’s positioning around this key resistance will likely determine its short-term trend. A decisive move in either direction could shape the price action heading into the next few weeks. Featured image from Dall-E, chart from TradingView
Singapore, April 29, 2025 — HTX is launching a series of exclusive promotions for $TRUMP, offering users multiple ways to boost earnings and capture market opportunities amid surging global interest in the token. Learn more about the $TRUMP promotions: https://www.htx.com.gt/en-us/mars/web/activity-center?callId=174581400284440 Seize the Momentum with $TRUMP Promotions 1. Earn $TRUMP with 20% APY – Flexible and Instant Access Starting April 26 at 16:00 (UTC), HTX launched a special $TRUMP Flexible Earn offer. Users can subscribe to the $TRUMP Earn product and enjoy an annualized return of up to 20% with hourly compounding. Funds can be deposited and withdrawn at any time for maximum flexibility. Simply log in to the HTX App or website and select the “$TRUMP Flexible” product under “Earn.” 2. 0 Trading Fees for $TRUMP/USDT Spot Trading From April 28 at 10:00 to May 13 at 15:59 (UTC), users can trade the $TRUMP/USDT spot pair with zero trading fees. This limited-time offer lowers trading costs and makes it easier for users to capture potential gains. 3. $TRUMP Trading Competition to Share 20,000 USDT – Race to the Top HTX is hosting a $TRUMP Trading Competition from April 27 at 10:00 to May 4 at 10:00 (UTC). Participants who trade $TRUMP spot will be ranked by total trading volume for a chance to share a 20,000 USDT prize pool. Bonus: $TRUMP leveraged trades will count 3x toward the total volume. Note: Users must register on the event page to qualify for rewards. HTX: Empowering Users with Quality Digital Asset Opportunities Through Earn promotions, fee-free trading offers, and trading competitions, HTX continues to create a low-cost, high-liquidity trading environment. The $TRUMP campaigns are part of HTX’s broader efforts to enhance user opportunities through curated digital asset offerings, while continuously optimizing platform experience and driving sustainable growth across the global user base. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or https://www.htx.com/ , and follow HTX on X , Telegram , and Discord . For further inquiries, please contact glo-media@htx-inc.com The post HTX Launches $TRUMP Promotions: 20% APY, $20,000 Trading Competition, and 0 Fees first appeared on HTX Square .
The Russian AML agency wants to impose criminal liability on illegal crypto miners operating in the country, claiming that illicit miners are helping launder funds for lawbreakers. Per the Russian Parliamentary Gazette , the plan is the brainchild of the Federal Financial Monitoring Service (Rosfinmonitoring). The agency is also working on the plan with the Russian Finance Ministry and the Central Bank. Russian AML Agency: Time to Criminalize Illegal Mining Rosfinmonitoring also wants to hit offenders with administrative liability. German Neglyad, the agency’s Deputy Director, said he told members of the Federation Council about the plans earlier this month. The council is Russia’s upper parliamentary house. Russia’s Energy Ministry in Moscow, Russia. (Source: Svetlov Artem) The gazette also said the plan has the backing of the Russian Civic Chamber, one of the nation’s top policy-forming bodies. Nikolai Zhuravlev, the Federation Council’s Deputy Speaker, said that lawmakers needed to “stay ahead of the curve” if they want to “effectively eliminate the vulnerabilities of the modern financial system.” The Deputy Director of the Department of Financial Policy at the Ministry of Finance, Osman Kabaloev, has also said that legal amendments “are already being prepared.” Kabaloev said that the new legislation would help widen the range of punishments courts can hand out to illegal miners. Bitcoin miner Riot Platforms said it has entered into a $100 million credit facility with a subsidiary of Coinbase, the largest US-based crypto exchange https://t.co/hNaDt7LQ2b — Bloomberg (@business) April 23, 2025 Crypto Mining’s Legal Status in Russia At present, crypto mining is only illegal in nine Russian and Russian-controlled regions during the winter months. In the southern part of the Bitcoin mining hub of Irkutsk Oblast, a year-round ban is in place until 2031. However, crypto mining in these areas is not yet punishable under the terms of the Russian criminal code. Irkutsk, Russia. (Source: Stas Serebrennikov) Instead, police can only charge illegal or quasi-legal miners with electricity theft or the improper use of subsidized power. This means, in most instances, courts do not have enough power to deliver jail terms or hefty fines. In some cases, illegal miners have simply been ordered to pay back the cost of the electricity they have “stolen” from local grids, in addition to legal costs. In the rest of the nation, Russians are free to mine crypto at home, so long as they do not use more than 6,000 kWh of energy per month. Any individual or firm using more than this amount must sign up to a national register managed by the Federal Tax Service. Rosfinmonitoring said that the new legislation would establish liability for those who fail to comply “with the established requirements for the circulation of cryptoassets.” The agency added that the new rules would cover “both administrative and criminal liability, differentiated depending on the severity of the crime.” Putin announces May 8-10 ceasefire, Ukraine wants truce now https://t.co/C15vlV9ZWW https://t.co/C15vlV9ZWW — Reuters (@Reuters) April 29, 2025 New Bans Incoming? The Ministry of Energy earlier this month said that it was considering extending its bans to three more regions. Media reports claim that mining bans could be forthcoming in northern Karelia, the Penza Oblast, and some parts of Khakassia . The ministry is likely to make a final decision on the matter sometime in May, officials have confirmed. A LOT has happened since January 20 #DonaldTrump #Crypto #Bitcoin https://t.co/1Uq5dE06aD — Cryptonews.com (@cryptonews) April 29, 2025 The popularity of Bitcoin, Ethereum , and altcoin mining is continuing to grow in Russia. Some have attributed this to recent rises in global BTC prices. In January, a top mining expert claimed that the demand for crypto mining rigs and services had increased x3 since the final quarter of FY2023 . The post Russian AML Agency Wants to Criminalize Illegal Crypto Mining appeared first on Cryptonews .
In a maturing crypto market, seasoned investors are beginning to sharpen their focus on early-stage opportunities with asymmetric upside. While blue-chip assets like XRP and Solana (SOL) continue to deliver steady growth, a rising group of analysts now believe that MAGACOIN FINANCE could outperform both by a significant margin by 2025. XRP: Institutional Growth, But Limited Room for Acceleration XRP is trading around $2.31 , posting a 10.06% gain over the past 7 days . Positive sentiment is fueled by continued adoption of Ripple’s cross-border payment infrastructure and growing institutional partnerships. Despite renewed interest, analysts caution that XRP’s large market capitalization, now at $135.57 billion , may limit its ability to deliver high-multiple returns relative to emerging projects. Resistance zones near $2.50 remain a key technical battleground, and while accumulation by whales suggests long-term confidence, major upside surges may require new, significant catalysts such as global regulatory clarity or expanded utility integrations. Solana: Strong Fundamentals, But Competition Is Rising Solana (SOL) trading at $148.69 records 7.99% gain in the last 7 days. The ever-expanding ecosystems in decentralized finance, non-fungible tokens, and gaming projects on Solana have led to the adoption of the digital asset. In the last 24 hours, there was a surge in volume by 64.13%. As a result, the rise in volume can be attributed to growing interest from investors on Solana. As reported by technical analysts, Solana is consolidating just below key psychological resistance at $150. As other Layer 1 networks get more competitive, future upside may become more incremental unless Solana can unlock fresh use cases or further scale without performance issues. The current bullish sentiment (with 85% of the community votes in favor of bullishness) supports a positive mid-term narrative. However, top analysts argue that Solana’s larger market position makes it less likely to deliver big, early-stage returns like smaller projects. MAGACOIN FINANCE: The Under-the-Radar Asymmetric Play MAGACOIN FINANCE is attracting the attention of tactical investors and fund managers scouring the market for the next strategic entry point before mainstream exposure. MAGACOIN FINANCE, which trades under $0.01, has a scarcity-based tokenomics system with no centralized exchange dilution and is community-first. Analysts highlight several reasons why MAGACOIN FINANCE’s upside potential is seen as superior heading into 2025: Strategic Scarcity: Designed with deflationary mechanics that reward early holders and limit long-term token inflation. Early Positioning: Available exclusively through magacoinfinance.com, providing early investors with a rare first-mover advantage before any major listing events. Technical Momentum: Predictions suggest it may place among the leading ROI altcoins in Q3 of this year in terms of investing. This is clear from its early accumulation, coupled with some whales making strategic moves. Smart Money Interest: The smart money is getting in early, knowing that the biggest multiples often occur before exchange listings and institutions enter the market. While XRP and Solana continue to offer stability and ecosystem growth, MAGACOIN FINANCE is carving a unique narrative centered around early-stage accessibility, high scarcity, and aggressive strategic expansion — key elements that historically drive the largest return cycles in crypto. Final Takeaway Investors prioritizing stability will likely continue to favor XRP and Solana. However, those seeking transformative upside are increasingly aligning with projects like MAGACOIN FINANCE — where early access, strategic scarcity, and tactical market positioning create a high-reward setup heading into 2025. To learn more about MAGACOIN FINANCE, please visit: Website: magacoinfinance.com Presale: magacoinfinance.com/presale Twitter/X: https://x.com/magacoinfinance
Key points: Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs. Job openings fell to 7.2 million in March versus the 7.5 million forecast and consumer confidence hit its lowest level since January 2021. If past patterns hold, Bitcoin could rally by mid-July and possibly reach $140,000 by October 2025. Macroeconomic conditions have long been seen as a major influence on cryptocurrency prices. Generally, Bitcoin ( BTC ) and altcoins perform poorly when investors fear that employment and consumer data are weakening. According to a US Labor Department JOLTS report released on April 29, job openings in March approached their lowest levels in four years. US employers posted 7.2 million vacancies in March, below the 7.5 million that economists had forecast. Meanwhile, US consumer confidence fell for the fifth straight month in April, reaching its lowest point since January 2021. US Consumer Confidence (left) vs. Total non-farm US job openings (right). Source: TradingView/Cointelegraph Worsening conditions raise the chances that central banks will introduce economic stimulus measures, making the overall impact on cryptocurrency markets uncertain. Typically, the additional liquidity encourages investment in risk-on assets like Bitcoin, as more capital flows into the economy. Future expectations matter more than today’s weak economic data The last time the US experienced a drop in job openings and weakening consumer confidence was between January and June 2024. In the three months that followed, Bitcoin’s price moved between $53,000 and $66,000. Then, a 60% rally began in mid-October, pushing BTC above $100,000. The final result was positive, but it took more than 105 days for this effect to show in the cryptocurrency market. Bitcoin/USD, log scale. Source: TradingView / Cointelegraph Although these conditions may seem worrying at first, weaker labor and consumer sentiment are usually backward-looking. Financial markets and companies base their decisions on expectations for future economic growth, rather than just past data. Also, improved sentiment among crypto investors tends to come after there is some confirmation of better macroeconomic conditions. This explains why the 105-day lag is not unusual. Before 2024, a similar situation occurred between January and June 2023, with declines in both job market data and consumer confidence. The next four months were difficult, as Bitcoin’s price fell 18% to $25,000. It took 115 days for the price to recover to $30,500 by late October. However, the following two months were very positive, with BTC gaining 45% to reach $43,900. Bitcoin/USD in 2020, log scale. Source: TradingView / Cointelegraph The last time in the past eight years when both the labor market and consumer confidence suffered significantly was between February 2020 and May 2020, right after the implementation of the COVID-19 lockdowns. This period saw Bitcoin briefly drop below $4,000 on March 13, 2020. As a result, a longer period of consolidation was expected before investors regained confidence in the crypto markets. Related: Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG Could Bitcoin hit $140,000 by October? Looking back at the macroeconomic data, there was no major impact on Bitcoin between May 2020 and September 2020, as its price increased from $8,900 to $10,600, a 20% gain. However, the next 60 days brought an impressive 85% rally to $19,700. For the third time, weaker labor and consumer sentiment data seemed to come before a rally in Bitcoin prices. While the time between the lowest point of economic conditions and Bitcoin’s rally ranged from 105 to 130 days, the result was clear in all three cases. Therefore, if US job openings and consumer confidence improve from April 2025, it is likely that Bitcoin’s price will start to rise by mid-July. If history repeats itself, this could mean a minimum target of $140,000 by October 2025, but further positive macroeconomic data is needed to confirm this outlook. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Canada’s Conservative party leader Pierre Poilievre was poised to win the election by a landslide, until U.S. President Donald Trump threatened to annex the country. Mark Carney Assumes Power After Trump Took Center Stage in Canada’s Federal Election Mark Carney, the shadowy former governor of Canada’s central bank, was elected as Prime Minister on Monday
What happens when 12% of Americans decide the stock market isn’t worth the hassle anymore? A tidal wave of attention shifts toward crypto, that’s what. As traditional finance loses its shine, sharp early adopters are tuning into new-age blockchain projects that could reshape the future — not just Sonic’s DeFi revolution or SEI’s bullish technicals, but something even bigger brewing with Qubetics. Qubetics isn’t riding the crypto hype train — it’s building real solutions that are about to flip Web3 on its head. With its disruptive Non-Custodial Multi-Chain Wallet, Qubetics is stepping up where legacy chains stalled out. It’s no surprise the project’s Qubetics presale is already making waves among those hunting for the Best Altcoins to Invest in Now . Qubetics’ Non-Custodial Multi-Chain Wallet: The Gateway to True Web3 If blockchain wants to go mainstream, it needs tools real people can actually use. That’s where Qubetics comes charging in. The project’s Non-Custodial Multi-Chain Wallet isn’t just another wallet — it’s an entire Web3 control center that lets anyone move, store, swap, and manage assets across dozens of blockchains without ever giving up custody or getting tangled up in bridges and swaps. Picture this: a freelance graphic designer in Austin who gets paid in USDT on Ethereum but wants to cash out into SOL on Solana without touching a centralized exchange. Or a small import-export business in Toronto needing to move stablecoins across Binance Smart Chain and Polygon to avoid heavy banking fees. Or a gamer in South Korea who wants to jump between Avalanche and SUI-based games without jumping through three layers of tech headaches. Qubetics makes all of that a simple, no-hassle, one-tap reality. This real-world usability is why early buyers are treating Qubetics as the Best Altcoins to Invest in Now. While others talk about interoperability and multi-chain dreams, Qubetics is handing it over on a silver platter — with privacy, speed, and complete ownership baked in. Qubetics Presale Numbers Are Getting Too Big to Ignore If there were ever a “last call” bell ringing in crypto right now, it would be the Qubetics presale. Each stage of the presale lasts exactly 7 days — and every Sunday at midnight, the price automatically jumps 10%. No hype tricks, no sudden rug pulls. Just steady, locked-in momentum. As of Stage 32, the $TICS token sits at $0.2093, with over $16.5 million raised, 510 million tokens sold, and a loyal crowd of more than 25,400 early adopters already on board. Now, let’s talk numbers because the upside here is bananas. Someone throwing $100 into the Qubetics presale today could be looking at a 377.76% return if $TICS hits $1. If it hits $5, that same $100 could balloon into $2,288.80. Hit $10 after mainnet launch in Q2 2025? That’s a clean $4,677.59. And if $TICS rockets to $15 — and plenty of analysts say it could — that original $100 turns into $7,066.39. This is why serious community members are jumping now instead of hesitating. Qubetics isn’t just offering a shiny token — it’s offering a way to actually join this crypto presale early and ride the asset tokenization wave that’s expected to dominate blockchain markets for the next decade. And for those scanning for the Best Altcoins to Invest in Now, Qubetics is flashing bright green. Sonic Is Redefining DeFi Standards with Its Breakthrough Model Sonic is buzzing hard right now after HTX Research dropped its latest report, calling it a model for the new DeFi paradigm. According to the research breakdown, Sonic brings together scalable DeFi architecture, sustainable liquidity mining, and dynamic yield generation — key ingredients missing from the first DeFi wave that exploded and imploded during the last bull cycle. HTX Research points out that Sonic’s emphasis on Layer 2 scalability solutions and dynamic on-chain incentives could make it the foundation for safer, more sustainable DeFi platforms moving forward. No more unsustainable APYs or runaway inflation models that doom protocols from the start. Sonic’s blueprint is aimed at making DeFi robust enough for serious long-term participation, not just quick flips. And while Sonic’s new approach is grabbing headlines, it’s clear the market is starting to prioritize real innovation over temporary yield farming fads. Projects like Sonic are rebuilding trust in decentralized finance, but it’s Qubetics, with its Non-Custodial Multi-Chain Wallet, that could hand ordinary users the seamless Web3 experiences they’ve been waiting for. SEI Price Analysis Sparks Bullish Hopes of 600–800 Sats Rally SEI is riding high on a serious technical breakout that’s got crypto traders buzzing. According to blockchain.news, SEI’s price action has triggered a strong bullish divergence, with technical analysis suggesting a possible rally toward the 600–800 sats range if current momentum holds. That’s not just optimism — it’s based on specific key resistance breakouts and volume confirmations signaling a true shift in market sentiment. The report emphasizes how SEI’s resilient price action, even amid broader market chop, has drawn attention from both short-term traders and longer-term participants. The bullish pattern isn’t just about speculation either; it reflects deeper confidence in SEI’s underlying growth fundamentals and its positioning as a fast, efficient trading platform built for high-volume transactions. Still, while SEI’s technicals look great for momentum plays, the biggest opportunities often lie in fundamental shifts — like Qubetics leading the Non-Custodial Multi-Chain Wallet evolution. That’s why those scouting for the Best Altcoins to Invest in Now are looking past just technical analysis and locking into projects driving real-world adoption. Conclusion: Qubetics, Sonic, and SEI Light Up the Crypto Watchlist for April 2025 The winds are changing fast in the blockchain world. With 12% of Americans ditching stocks and traditional markets feeling more uncertain than ever, smart community members are zeroing in on the projects that aren’t just hyped — but built to last. Sonic’s DeFi revamp is definitely exciting. SEI’s bullish surge points to renewed market confidence. But Qubetics? Qubetics is laying the foundation for the future of Web3 itself. With a world-class Non-Custodial Multi-Chain Wallet, a thriving Qubetics presale, real-world asset tokenization use cases, and explosive ROI projections, Qubetics is showing exactly why it’s the Best Altcoins to Invest in Now. For those who want to join this crypto presale before the next stage and price hike, the clock is ticking. And once $TICS takes off post-mainnet, this window won’t be open for long. For More Information: Qubetics: https://qubetics.com Presale: https://buy.qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics FAQs Q: What makes Qubetics stand out among the Best Altcoins to Invest in Now? A: Qubetics offers real-world asset tokenization, a Non-Custodial Multi-Chain Wallet, and massive ROI potential through its presale. Q: When will the Qubetics mainnet launch? A: Qubetics is scheduled to launch its mainnet in Q2 2025, aligning with growing demand for decentralized asset management tools. Q: What are the ROI projections for the Qubetics presale? A: Early buyers could see returns of 377.76% to 7,066.39% based on $TICS hitting key price milestones after launch. The post 12% of Americans Ditch Stocks—Qubetics, Sonic, and SEI Grab Attention as the Best Altcoins to Invest in Now appeared first on TheCoinrise.com .
Binance, the largest cryptocurrency exchange in the world, has told its customers to look at Kamino Finance for clarification over failed transactions. The exchange issued the clarification via its official wallet account on X (formerly Twitter) following growing complaints from users encountering failed, disappearing balances, and stalled transactions while interacting with Kamino Finance through Binance Wallet . Over the past days, multiple Binance Wallet users have raised concerns on social media about failed transactions when engaging with Kamino Finance, a decentralized protocol built on the Solana blockchain. The complaints range from unsuccessful token swaps to liquidity transactions that appear to hang or fail without refunds or visible confirmations. These reports prompted users to tag Binance Wallet’s official account in hopes of receiving technical support or intervention. However, Binance was quick to clarify its position. Translated post of Binance recommending that users direct questions about failed transactions to the Kamino Finance DEX. Source: Binance Wallet (X/Twitter) Binance wallet blames Kamino Finance In a direct reply to user complaints on April 29, Binance Wallet stated: “Hello, the reason in the screenshot is related to the underlying DEX. The failure rate of the KMNO token is relatively high. This problem needs to be solved by the underlying DEX.” Binance also mentioned in the statement that they are in touch with the Kamino Finance team, stating, “We have communicated with the underlying DEX, and the other party has confirmed the problem. We will continue to track this problem and optimize it in the future.” Kamino Finance, a Solana-based DeFi protocol known for offering lending, leverage and liquidity provisioning, has not yet publicly responded to the wave of user complaints on X or Binance’s claim that it’s responsible for the current issues plaguing users who run transactions with it via Binance’s platform. Kamino operates outside the control of centralized platforms like Binance. Community split on responsibility Reactions within the crypto community have been divided. Some users argued that Binance is getting it wrong, as it’s not about the success rate of Kamino Finance but that balances are disappearing after failed transactions. Another user , under whose initial post, Binance shared one of the posts clarifying its position on customers’ challenges, posted that the issue wasn’t unique to Kamino Finance transactions, stating that, “AERO also fails, so there is something wrong with AERO’s dex, right?” The user also highlighted that the response they got from Binance customer service was different from the statement Binance posted on X. According to the user, Binance customer service said, “Thank you for your patience while I learn about your concerns. We sincerely apologize for any inconvenience this may cause. Regarding price volatility, unfortunately this is one of the risks you face when trading such products, it is a common situation in the cryptocurrency space and you must take these factors into account when developing your trading strategy. Thank you for your understanding.” Another user shared similar issues with Fartcoin while pointing out to Binance that the issues may be beyond Kamino Finance and more from Binance’s trading platform. While alpha traders are bringing up this current issue to Binance for resolution, the exchange continues to point accusing fingers at DeFi actors. Some of the conversations between Binance and the customers occurred in the Chinese language and were translated. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More