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Binance Refunds $283M Following Market Collapse and Asset Depegging Problems

Binance Refunds $283M Following Market Collapse and Asset Depegging Problems

Simply put Binance stated that reports of tokens dropping to zero were related to a display error, and that its system was fully operational during the significant $19 billion market-wide liquidation. The tokens affected and depegged on exchanges included USDe, BNSOL, and wBETH. Analysts noted that the dividend payout was unusual and likely intended to […]