Binance Pays $283 Million After Depeg Triggers Liquidations
Binance has confirmed that it reimbursed $283 million to users affected by a recent wave of liquidations triggered by asset depegging during sharp market volatility. The compensation was issued after USDe, BNSOL, and wBETH briefly lost their pegs, leading to a cascade of liquidations across several trading products. According...
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BlackRock CEO Larry Fink Now Believes Bitcoin “Serves Same Purpose as Gold”
BlackRock CEO Larry Fink has taken a noticeably different tone on Bitcoin. The man who once dismissed it as a tool for money launderers now calls it a legitimate “alternative” investment. He said he’s had to go back and challenge some of his earlier assumptions about the crypto world....
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What Does Open Interest Mean For Uptober As Market Recovers?
As the dust settles over a dramatic mass liquidation weekend, crypto prices are recovering, but with open interest already rising – what does it mean for Uptober? Leverage is quietly returning to the crypto market just as “Uptober” begins, a month known for strong Bitcoin rallies. Over the past...
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Ethereum Whales are Furiously Buying ETH: Is it Time to Buy the Ether Dip?
Ethereum whales are back in accumulation mode after a turbulent weekend, sparking debate over whether this dip is an entry point or another short-term bounce for ETH crypto. Large holders, including one of the biggest corporate treasuries in the market, have been buying heavily over the past 24 hours....
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XRP Blasts Back +65% Amid Attackathon Plans for XRPL
XRP has staged a strong comeback, rebounding nearly +65% from last week’s low after Ripple and Immunefi revealed plans for a $200,000 “Attackathon” to test the security of the XRP Ledger’s upcoming lending protocol. The Attackathon begins October 27. To maximize your chance of success, the XRPL Attackathon Academy...
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Crypto Market Rebounds 5% as U.S.–China Trade Tensions Ease and $550B Flows Back In
Crypto snapped back on Monday as a diplomatic cool-down between Washington and Beijing helped erase part of Friday’s historic wipeout. Total crypto market cap jumped roughly 5%, with over $550 billion flowing back into digital assets after a panic sparked by talk of 100% U.S. tariffs on Chinese goods....
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XRP Analyst Highlights ‘Most Important Video,’ What’s In It?
Crypto analyst Levi Rietveld released a new video on X, describing it as “the most important XRP video you will ever watch.” His remarks and outlook focus on some important macroeconomic shifts that are going to usher in a new cycle for Bitcoin, XRP, and other cryptocurrencies. This is...
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Are XRP Futures ETFs Good For The Price? Expert Breaks Down What You Should Know
According to crypto analyst Jake Claver, XRP futures exchange-traded funds (ETFs) don’t actually help the token’s price. He explains that these products do not purchase real XRP tokens. Instead, they trade contracts that settle in cash. Because they don’t buy or lock away tokens, there is no real demand...
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A week-long 51% attack on the Bitcoin network would cost $6 billion, research reveals
Bitcoin is trusted by governments and financial institutions. Reputable investors call it “digital gold,” and some even claim it’s better than gold. Notwithstanding all these, Bitcoin is still facing various security threats. Lately, a lot has been said about the…...
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Binance Explains Market Crash and Reimburses Users $283M
Binance has announced that it has compensated affected users with approximately $283 million following the recent October 10 market meltdown. The company also shared that the situation had been caused by a brief technical glitch on the same day that resulted in temporary disruptions and de-pegging in some cryptocurrencies....
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