Bitcoin24h $65,826.17+0.59%

Ethereum24h $1,773.27+3.18%

BNB24h $612.71-0.40%

XRP24h $1.22+2.90%

Solana24h $73.02+2.66%

TRON24h $0.3178-0.89%

Hyperliquid24h $67.27+3.67%

Dogecoin24h $0.0870-2.04%

UNUS SED LEO24h $9.78+0.24%

Zcash24h $516.54+6.13%

How Binance’s USDe ‘depeg’ cost the exchange millions

During the chaos, Ethena’s “synthetic dollar” USDe briefly traded at just $0.65 on Binance. The exchange has reimbursed victims with $283M.

Binance Wallet glitch shows $0 balances after weekend chaos

Binance Wallet is now incorrectly displaying user balances as $0 following this weekend’s chaotic $20B crypto crash.

Traders followed every post and signal by Zhao to trade endless BNB Chain memecoins, yet he wants to back away from his influential role.

According to net worth estimates from Forbes and Bloomberg, Zhao’s net worth has increased by approximately $20B since leaving prison.

Kraken is seeking to raise at a $15 billion valuation, which probably places comp valuation metrics for Binance at more than $100 billion.