COINOTAG reported on August 29 that Binance experienced a platform disruption when the futures trading page failed to update market data in real time, and the exchange temporarily suspended the futures transfer service. The incident was logged as an operational outage on the official site, and initial reports noted that no immediate response had been posted by Binance at the time.
Subsequently, Binance issued a notice on Platform X confirming that all futures trading was currently unavailable and that the engineering team is actively addressing the issue. Market participants are advised to monitor official channels for restoration updates and to manage exposure given the ongoing service interruption, while awaiting confirmed restoration timelines from the exchange.