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Binance will launch margin trading and Binance Argentina "very soon"

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Despite this being probably one of the worst days for the exchange, today also saw a number of positive announcements for Binance. In an AMA, CEO Changpeng 'CZ' Zhao claimed that margin trading and a few other important developments will be rolled out soon.

Binance was hacked today, with around 7000 BTC being stolen from a hot wallet. This was the first major hack on the leading crypto exchange since it was launched back in 2016. CZ held an AMA some hours later, in order to share information about what had happened with the hack and reassure users that the team was doing all it could in terms of improving security. A re-organization of the blockchain had even been proposed at one stage, although this was met with strong resistance from many in the community.

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