Binance Issues $283 Million Pay Out After Synthetic Asset Depegging Incident

Binance has completed $283 million in compensation for users affected by forced liquidations tied to the temporary depegging of USDe, BNSOL, and WBETH. The exchange said the settlements were processed in two batches within 24 hours of the October 10 crypto flash crash – the day that saw $19 billion in liquidations, marking one of […] Read The Full Article Binance Issues $283 Million Pay Out After Synthetic Asset Depegging Incident On Coin Edition.