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Binance Pool
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Binance will discontinue Binance Pool, Cloud Mining and related functions on 10 November 2026, the exchange has announced. The move affects miners who relied on the platform's mining infrastructure. Separately, in Omsk, owners of an illegal bitcoin farm set up at a thermal power plant were fined and penalised, adding to the discussion around mining regulation in Russia.
- 2Binance Pool to shut down November 10▼The Binance Pool shutdown arrives November 10, ending cloud mining and transaction acceleration. See what miners must do
Binance is shutting down Binance Pool on November 10, ending its cloud mining services and transaction acceleration features. Miners using the platform are being urged to act before the deadline, migrating their hashrate to other mining pools or withdrawing earnings to avoid disruption. The closure marks Binance's exit from the bitcoin mining pool business, and security-focused outlets are spreading word of the steps miners must take beforehand.
- 3Binance to Shut Down Bitcoin Mining Pool Services on November 10●Binance to Shut Down Bitcoin Mining Pool and Related Services on November 10 Binance announced it will discontinue Binan
Binance has announced it will discontinue Binance Pool, Pool Savings, Cloud Mining, and Transaction Accelerator on November 10, ending mining-related services that have operated since April 2020. The move marks the exchange's complete withdrawal from the bitcoin mining pool business, and crypto watchers are discussing what it signals about Binance's shifting priorities and the economics of mining services.
- 4CTK/USDT funding rate hits extreme negative arbitrage●📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: CTK/USDT (-2384.9% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.4
DeFi analytics service Feeloop reports an extreme negative funding rate on the CTK/USDT perpetual pair, at roughly -2,385% APR, meaning shorts pay longs to hold positions. Its latest market digest also flags LP pools totaling about 3.4 million dollars, with a Binance Smart Chain pair offering over 5,000% APR. Traders are watching the setup for arbitrage and yield opportunities.
- 5Feeloop Digest Flags Extreme Negative Funding on ERA/USDT●📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: ERA/USDT (-1617.1% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.4
Feeloop's market digest reports an unusually negative funding rate on the ERA/USDT pair, with short traders paying longs at an annualized rate of roughly -1617%, signaling heavy short positioning or market dislocation on that pair. The digest also lists LP terminal pools of 3.4 million dollars, with a top Binance Smart Chain pool showing an advertised APR above 5000%. Crypto traders use such funding extremes to hunt arbitrage opportunities.