Binance Pays $283 Million After Depeg Triggers Liquidations
Binance has confirmed that it has refunded $283 million to users affected by a recent wave of liquidations triggered by asset depegging during severe market volatility. The compensation was issued after USDe, BNSOL and wBETH briefly lost their pegs, leading to a cascade of liquidations across several trading products. According to Binance, the refund procedure … Read more