The compensation plan marks Binance ecosystem’s biggest user relief effort yet following the crypto market wipeout of about $20 billion.
Bitcoin and the major altcoins witnessed solid buying at lower levels, but a sustained relief rally is unlikely as the bears are expected to sell at higher levels.
Binance Wallet’s balance display issues came soon after CZ-owned Trust Wallet reported experiencing the same issue on Sunday.
Crypto companies looking to raise funds set a new record, reaching $3.5 billion in a single week last week, before the market crashed on Friday.
A sovereign crypto fund surprised markets by making its first investment in BNB, rather than Bitcoin. This is a big, bold move in Kazakhstan’s strategy.
Binance’s pricing glitch and a new chapter in Trump’s trade war turned a market sell-off into the largest crypto liquidation on record.
The XRP price recovery came after the most severe market crash, suggesting aggressive buying on the dips in anticipation of further price gains.
BNB reached a record high of $1,370, despite Binance facing criticism and market chaos after $19 billion in crypto liquidations wiped out traders over the weekend.
Ethereum layer-2 tokens outperformed the market, with Mantle surging 31%, driven by Bybit integration and increasing adoption across scaling solutions.
Zcash price technicals hint at a potential 25% breakout toward $336 in October, despite long-term correction fears and an already significant rally for ZEC.