10. Binance, a leading cryptocurrency exchange, has announced the discontinuation of support for several leveraged token services, including those linked to Bitcoin and Tether. Trading and subscription services for these tokens will be suspended on February 28, 2024, with all trade orders automatically removed at that time. Users are advised to convert their holdings into other assets before the deadline. Starting April 1, Binance will gradually delist and cease redemption of the tokens. If users fail to redeem their tokens by the deadline, Binance will convert them into USDT based on their value on the delisting date and distribute them to users' accounts within 24 hours. Binance's leveraged tokens provide investors with leveraged exposure to crypto assets without requiring collateral or maintenance margin levels, but the exchange warns of associated risks, including price movements in the perpetual contracts market.