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 […]
Binance has returned to the center of market attention following the October 10 crash, an event that marked one of the most violent deleveraging episodes of the current cycle. On that day, a sharp wave of liquidations swept through derivatives markets, erasing billions in open interest and exposing the extent of excessive leverage across multiple […]
Rumors of a possible US Securities and Exchange Commission (SEC) investigation into Binance have resurfaced long‑running questions about the October 10, 2025 liquidation event, the largest market wipeout in crypto history. October 10 Crash Back In Focus For context, during the October 10 event, roughly $19 billion in leveraged positions were liquidated, with $3.21 billion […]
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, […]