Binance Disburses $283M to Compensate Users after Token De-Pegs

Binance confirmed it has compensated users with $283 million after a chaotic market downturn on Friday. The downturn led to a wave of de-pegging among several of its platform tokens and forced liquidations for thousands of traders. The exchange’s rapid response came in the wake of extreme volatility that erased nearly $20 billion in leveraged … Continue reading Binance Disburses $283M to Compensate Users after Token De-Pegs