Binance says October 10’s crypto flash crash was driven by a macro risk-off shock, cascading liquidations and thin liquidity, ...
More notably, Wood linked the chaos to a software glitch at Binance. "October 10th was, what in the crypto world...is the ...
As the bitcoin price slumps, Binance said it will convert the $1 billion stablecoin-backed Secure Asset Fund for Users ...
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Binance plans to move $1B SAFU fund into Bitcoin reserves
Binance will convert its $1 billion SAFU Fund from stablecoins into Bitcoin over the next 30 days.
Binance clarifies October 10 flash crash causes: macro factors, market maker withdrawals, and Ethereum congestion alongside two platform bugs.
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Pardoned Binance founder Zhao says his business relationship with the Trumps was 'misconstrued'
Binance founder and former CEO Changpeng "CZ" Zhao said he has "no business relationships whatsoever" with the Trump family.
Crypto markets have had a wild ride over the past year with bitcoin touching a new all-time high before seeing a correction.
OKX CEO Star Xu blames irresponsible USDe yield marketing for hidden leverage that destabilized crypto markets on October 10.
In a move that defies the current wave of market anxiety, Binance has announced a massive strategic pivot for its user protection reserves.
Binance will convert its $1 billion SAFU user protection fund from stablecoins into Bitcoin, increasing BTC exposure for an emergency backstop designed for extreme events.
The XRP, is currently facing a price drop, even though activity from large holders, or “whales,” on Binance has slowed down.
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