Binance Wallet is now incorrectly displaying user balances as $0 following this weekend’s chaotic $20B crypto crash. Source link
Warren Payne
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During the chaos, Ethena’s “synthetic dollar” USDe briefly traded at just $0.65 on Binance. The exchange has reimbursed victims with $283M. Source link
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Coinbase
$600B gone in 30 minutes — inside crypto’s fastest-ever flash crash
by Warren Payneby Warren PayneDonald Trump threatened to renew a tariff war with China on Friday, and the news briefly spooked $600M out of crypto valuations. Source link
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Binance co-founder Changpeng Zhao and Hyperliquid co-founder Jeffrey Yan are arguing about which exchange better handled Friday’s sell-off. Source link
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Binance Coin donations made to cancer and disaster relief charities seven years ago are now valued in the tens of millions. Source link
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The scam centers have migrated to Starlink connections after electricity and internet were cut off earlier this year, AFP reports. Source link
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Coinbase
Wintermute’s post-mortem ignored the biggest issues with Friday’s crash
by Warren Payneby Warren PayneTraders tried to blame Wintermute for suspicious deposits during Friday’s crypto market crash, but its CEO would have none of it. Source link
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Coinbase
Did the US government hack a scam network for $15B in bitcoin?
by Warren Payneby Warren PayneThe US wants 127K BTC forfeited by a Cambodian conglomerate that allegedly ran a multi-billion-dollar crypto scam empire. Source link
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Coinbase
$25 million Ethereum MEV exploit puts ‘Code Is Law’ on trial
by Warren Payneby Warren PayneThe April 2023 exploit allowed the brothers’ validator to drain “predatory” MEV bots who attempt to profit off transactions of regular users. Source link
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The CEO of Base-native prediction market Limitless claimed Binance wanted 8% of his token’s supply and $2.45M to list his token. Source link
