OKX CEO Criticizes Binance Over October 10 Market Crash – Details
OKX CEO Star Xu has publicly accused Binance of being central to the October 10 crypto market crash that wiped out tens of billions of dollars, causing damage that many described exceeded the fallout from the FTX collapse in 2022. Related Reading: XRP About To Make A New Wave Of Multi-Millionaires As Capital Floods In […]
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Binance has announced its plans to compensate some users who lost funds during the market-wide crash on Friday, October 10. The world’s largest cryptocurrency exchange by trading volume acknowledged a price depeg incident, which led to forced liquidations for some traders. Affected Users To Receive Compensation In 3 Days: Binance In an October 11 post […]
Changpeng “CZ” Zhao, the co‑founder and former CEO of Binance, has pushed back against ongoing claims that the world’s largest cryptocurrency exchange was responsible for the sharp market crash that rocked the digital asset sector last October. Speaking during a live ask‑me‑anything session hosted on Binance’s own social platform, Zhao described those accusations as “far‑fetched,” […]
Crypto pundit Butcher has suggested that Binance and market maker Wintermute may be responsible for the Bitcoin and Ethereum price crashes. The pundit also alluded to the October 10 crypto market crash and how both firms contributed to the crash. Pundit Blames Binance and Wintermute For Bitcoin and Ethereum Price Crashes In an X post, […]
Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability. Buterin touches on three subjects: storage, bandwidth, and computing power, commenting on their limits with today’s tech. Vitalik Buterin Criticizes Elon Musk’s Simplistic Take Vitalik Buterin, the founder of the second most successful cryptocurrency (Ethereum), criticized yesterday Elon Musk’s take on fixing cryptocurrencies just by raising some key aspects. In a new paper titled....
Chainlink (LINK) has remained one of the most closely watched altcoins since the October 10 market crash, as investors and analysts position for the next major market phase. Despite the broader crypto downturn, Chainlink’s network strength and growing on-chain activity have kept it in focus as a potential leader of the next bullish wave. Related […]