Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Binance Boosts Market Maker Incentives in Wake of Record Hack
Business & Finance

Binance Boosts Market Maker Incentives in Wake of Record Hack

Bloomberg Technology Monday 02 November 2026, 16:14 UTC By Suvashree Ghosh and Sidhartha Shukla 1 min read
Key Points

EXCLUSIVE Binance Boosts Market Maker Incentives in Wake of Record Hack Binance has increased the incentives it offers some market makers to trade on its platform, as the world’s largest crypto exchange seeks to bolster activity on its venue after suffering a record $6.3 billion hack. The company reached out to smaller trading firms soon after its breach last week, offering higher rebates in its spot and futures markets, according to people familiar with the matter.

EXCLUSIVE Binance Boosts Market Maker Incentives in Wake of Record Hack Binance has increased the incentives it offers some market makers to trade on its platform, as the world’s largest crypto exchange seeks to bolster activity on its venue after suffering a record $6.3 billion hack. The company reached out to smaller trading firms soon after its breach last week, offering higher rebates in its spot and futures markets, according to people familiar with the matter.
Hack Binance (PERSON)
Originally published by Bloomberg Technology Read original →

Related Stories

Brickmaker’s woes deepen the UK housebuilding gloom

Ibstock has issued a thumping profits warning, with sales 22% below expectations in the third quarterWith John Healey’s Your First Home scheme on the way, is the mood improving in the housebuilding sector? A couple of the builders have results later this week, so can speak for themselves. In the meantime, though, here’s a thumping profits warning from Ibstock, the country’s biggest brickmaker, to spread a little more gloom.

The Guardian UK 5m ago

Why royal tours are important, even if they risk raising uncomfortable questions

Why royal tours are important, even if they risk raising uncomfortable questions Royal tours have long been risky from a PR perspective - Bookmark - CommentsGo to comments Become an Independent member to bookmark this article Already a member? Log in The royal tour of the Caribbean is the king’s first visit to this region of the Commonwealth as monarch. It comes at a time of protests and growing demands for slavery reparations, as well as an apology for the royal family’s historic role in...

The Independent UK 13m ago

US Manufacturing Activity Picks Up as Production Grows

Nov 2nd, 2026 US Manufacturing Activity Picks Up as Production Grows US manufacturing activity picked up in October as the Institute for Supply Management’s manufacturing index rose one point to 55.5, the second-highest reading in more than four years. The production gauge notched its best reading since late 2021, data out Monday showed. Michael McKee reports on Bloomberg Television.

Bloomberg Markets 14m ago

Tech Sell-Off Marks 'Crisis of Confidence,' Says Jordan Jackson

Nov 2nd, 2026 Tech Sell-Off Marks 'Crisis of Confidence,' Says Jordan Jackson Disappointing US megacap earnings accelerated a rotation out of AI-related tech last week, triggering a sharp selloff as investors shifted toward smaller-cap and more defensive areas. Jordan Jackson, Global Market Strategist at JPMorgan Asset Management, discusses the overblown AI selloff and how he expects to see markets move after midterms.

Bloomberg Markets 16m ago