OKX CEO Star Xu has publicly accused Binance of being central to the October 10 crypto market crash that worn out tens of billions of {dollars}, inflicting injury that many described exceeded the fallout from the FTX collapse in 2022. Star Xu: Binance USDe Marketing Responsible For October 10 Crash In a detailed statement on…
Bitcoin has as soon as once more fallen beneath a vital assist zone, elevating questions on whether or not the market is gearing up for a deeper sell-off. With promoting stress nonetheless intact, merchants are actually watching key ranges intently to see if a last flush towards decrease assist is imminent. Price Faces Another Rejection…
Changpeng Zhao, broadly referred to as CZ, has rejected allegations that Binance performed a central function within the largest liquidation occasion in crypto market historical past, an episode that erased roughly $19 billion in leveraged positions final October. Key Takeaways: CZ dismissed claims that Binance triggered the $19 billion Oct. 10 crypto liquidation. He mentioned…
Changpeng “CZ” Zhao, the co‑founder and former CEO of Binance, has pushed again in opposition to ongoing claims that the world’s largest cryptocurrency change was chargeable for the sharp market crash that rocked the digital asset sector final October. Speaking throughout a dwell ask‑me‑something session hosted on Binance’s personal social platform, Zhao described these accusations…
As Bitcoin (BTC) struggles via a protracted downturn, cryptocurrency trade Binance has unveiled a brand new transfer geared toward reinforcing confidence within the digital asset sector. Amid this, BTC has fallen 34% over the previous 4 months, a slide that has fueled rising debate over whether or not the market has entered a brand new…
Binance disclosed a $90.52 million crypto fund secured for GOFi sufferer compensation whereas accelerating its growth by GOPAX, the South Korean trade now below its management, as the corporate prepares to help institutional adoption and construct cost infrastructure in 2026. The transfer follows years of regulatory delays after Binance acquired a 67% stake in GOPAX…
Binance announced it would convert its $1 billion SAFU fund from stablecoins to Bitcoin reserves inside 30 days, responding to mounting group criticism that intensified after distinguished Wall Street investor Cathie Wood publicly attributed current market weak spot to a Binance-related deleveraging occasion. The alternate pledged to keep the fund’s worth at $1 billion by…
OKX founder and CEO Star Xu took purpose at a rival “industry-leading firm” over the market dislocation tied to Oct. 10, arguing the episode did greater than set off a short liquidation cascade — it inflicted “actual and lasting harm” on crypto’s credibility with customers and regulators. OKX CEO Slams Binance As Crypto Still Digests…
Grayscale, one of many world’s largest digital asset-focused managers, has filed a brand new modification to its Spot XRP ETF, updating particular particulars within the authentic doc. Meanwhile, XRP ETFs have achieved a outstanding milestone, surpassing $2 billion in whole quantity, reflecting growing institutional demand and interest. Grayscale Files New Amendment For Its XRP ETF…
Reports say Changpeng Zhao, often known as CZ, won’t return to the corporate he helped construct even after his authorized title was cleared. US President Donald Trump issued a pardon late in 2025 that eliminated the prison tag from his title. That transfer reopened doorways that had been closed, however CZ says he prefers to…