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Binance Launches Compensation Program for Users Who Suffered Losses During the Latest Major Crash
Following the recent sharp fluctuations in the cryptocurrency market, Binance announced a $400 million support plan called the “Together Initiative” to restore confidence in the sector and support its users. The program consists of two parts: a $300 million user fund and a $100 million institutional support fund. Binance has set aside a fund of 300 million USDC for users who suffered losses due to forced liquidation in futures and margin trading between October 10–11, 2025. Users who experience a liquidation loss equivalent to at least $50 during the specified period and whose loss constitutes at least 30% of their total assets will be eligible to receive token vouchers ranging from $4,000 to $6,000. The exchange announced that the distribution process will begin within 24 hours and is targeted to be completed within 96 hours. Users will be able to track their rewards through the Rewards Hub. Related News: BREAKING: FED Chairman Jerome Powell Makes Live Statements Binance has also established a $100 million low-interest loan fund for ecosystem partners and institutional users. This fund aims to help institutions severely affected by market volatility regain liquidity and return to trading activities. Fund applications can be submitted through dedicated account managers for VIP and corporate users. Binance stated that applications will be responded to quickly and the entire process will be conducted confidentially. In its official statement, the company stated that market conditions are challenging for both users and corporate actors, and included the following statements: “Our users will always remain our top priority throughout this process. While there will be differing opinions on every decision, we are taking this step based on our belief in the industry and our user-focused values.” Binance argued that the plan was not a legal compensation program, but a voluntary support step to restore trust in the industry. The company reminded the community of investment risks, warning, “The market is volatile, manage your investments carefully and always do your own research.” *This is not investment advice. Continue Reading: Binance Launches Compensation Program for Users Who Suffered Losses During the Latest Major Crash
bitcoinsistemi·39m ago
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China Renaissance’s $600M BNB bet – Why it matters beyond Binance
If successful, this project could become one of the largest corporate BNB treasuries, surpassing CEA Industries’ current token holding.
ambcrypto·1h ago
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Binance Increases Compensation for Customers Liquidated in Crypto Selloff
Amid growing criticism about its role in crypto’s biggest crash, Binance said it will distribute an additional $300 million in stablecoins to exchange users who incurred forced liquidations and provide $100 million in low-interest loans to help “severely impacted” institutions resume trading.
bloomberg_crypto_·2h ago
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Binance announces $300M payout for October 10 historic crash liquidations
Binance has announced a $300 million compensation plan to assist traders who suffered forced liquidations during the sharp market downturn on October 10 . The exchange said the move is part of its broader effort to restore user confidence after what it described as one of the toughest weeks for the cryptocurrency industry in recent memory. According to Binance’s official statement on October 14, the compensation will be distributed through token vouchers under a new relief campaign called the Together Initiative. The program is designed to support both retail and institutional users impacted by recent volatility, which Binance attributed to ongoing macroeconomic headwinds that have pressured digital asset prices and shaken market sentiment. While the company stressed that it does not accept liability for trading losses, it reaffirmed its commitment to the long-term stability and recovery of the crypto market. “Users are always our first priority. That is what makes us who we are. Without our users’ support, there would be no Binance,” the exchange said. The initiative comes after what Binance described as one of the toughest weeks in recent memory, during which asset prices fell sharply amid a prolonged macroeconomic downturn that eroded user confidence across the sector. Eligibility for compensation Under the plan, Binance will distribute $300 million in token vouchers to eligible users who experienced forced liquidation losses in Futures and Margin trading between October 10 and October 11 (UTC). To qualify, users must have incurred a total liquidation loss of at least 50 USDC equivalent, representing 30% or more of their total net assets based on a snapshot taken on October 9 at 23:59 UTC. Voucher distribution will begin within 24 hours and conclude within 96 hours, though Binance warned of possible delays due to high processing demand. The exchange also introduced a $100 million Institutional Support Program offering low-interest loans to help ecosystem partners and institutional users recover, restore trading operations, and ease liquidity pressures. Applications can be made through account managers, with Binance promising swift and confidential processing. Featured image via Shutterstock. The post Binance announces $300M payout for October 10 historic crash liquidations appeared first on Finbold .
finbold·4h ago
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What is DoubleZero (2Z)? How It Powers Faster, Smarter
DoubleZero (2Z) is a decentralized connectivity network on Solana that enhances blockchain communication with dedicated bandwidth, optimized routing, and incentive-driven participation. 〈What is DoubleZero (2Z)? How It Powers Faster, Smarter〉這篇文章最早發佈於《CoinRank》。
CoinRank·7h ago
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BNB Price Rally Strengthens, BONK Breaks Resistance, While BlockDAG’s $0.0015 Price Entry Becomes Crypto’s Hottest Ticket!
Crypto markets are running hot, but not all rallies are created equal. The Binance Coin (BNB) price rally shows strength above key levels, drawing traders chasing momentum. BONK’s price breakout, fueled by a clean double-bottom pattern and ETF chatter, is pulling speculators towa...
Optimisus·7h ago
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Altcoin season looms: analysts eye Solana and BNB while XYZVerse’s esports debut underscores new utility in meme‑coins
Altcoin season may be near. Analysts are turning bullish on Solana and BNB as liquidity shifts from Bitcoin to high-performing ecosystems, signaling renewed market appetite for risk. At the same time, XYZVerse is drawing attention with its on-chain esports debut, showing how meme coins can evolve beyond speculation into projects with real utility and audience engagement. XYZVerse Offers Real Benefits for Esports Gamers In a market where most meme coins fade after hype, XYZVerse is doing the opposite. Known as the first sports-based memecoin , it is expanding into esports with the launch of the first on-chain Counter-Strike 2 League . The event merges crypto culture with competitive gaming, uniting influencers, project founders, and community players on one digital stage. The move has accelerated growth across all fronts. The project has already raised over $15 million in its presale and attracted wide attention from both crypto and gaming media. The blend of meme appeal, sports energy, and practical use is fueling demand for $XYZ , now trading at $0.00715 , up from $0.0001 at launch. Learn how to buy $XYZ now A Growing Ecosystem XYZVerse integrates directly with bookmaker.XYZ , giving holders access to betting perks, rewards, and play-to-earn tools. This adds tangible utility—rare in the meme coin space. Smart-contract audits by Pessimistic confirmed the code is secure and efficient, boosting investor confidence ahead of the token’s listing. Tokenomics are built for sustainability: a fixed 100 billion supply , deflationary burns , and balanced allocations that prioritize community and liquidity. The presale represents 17.87% , while marketing and liquidity each hold 15% . Team share is capped at 10% , keeping control decentralized and incentives aligned with holders. Momentum Builds Ahead of Listing Community sentiment is strongly bullish. Over 96% of CoinMarketCap users rate XYZVerse positively, and the project now counts 21 K+ followers on X and 12 K+ members on Telegram . Influencers and analysts describe it as a “moonshot” heading into the 2025 bull run. Analysts project a 5× to 10× rise from the planned $0.10 listing , depending on market conditions. The combination of scarcity, esports visibility, and presale traction positions XYZVerse as one of the few meme coins with real momentum backed by verifiable activity. The Road Ahead Next steps include staking apps , play-to-earn mini-games , and partnerships with athletes and influencers to expand reach beyond crypto audiences. Regular burns and liquidity injections aim to stabilize price and support long-term value. With a clear roadmap, verified security, and a passionate base, XYZVerse is emerging as a meme coin that delivers more than promises—it delivers participation, engagement, and measurable growth. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
themerkle·8h ago
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Bitcoin, Ethereum Drop After Heavy ETF Outflows Ahead Of Powell Speech
CoinGlass data showed more than $100 million in crypto liquidations over the past hour, compared with $716 million over the previous 24 hours.
Stocktwits·9h ago
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Binance Coin (BNB) Holds Support: Can Solana (SOL) Follow Suit?
Both Binance Coin (BNB) and Solana (SOL) fell precipitously in Friday’s mega-crash. However, they have since recovered well. The latest reversal has $BNB holding onto support, while $SOL tries to do the same. Will they be successful? A spectacular recovery for $BNB Source: TradingView The $BNB price fell harder than a lot of the major layer 1 altcoins, plummeting 31% on Friday and making its way down to retest the 100-day SMA. That said, if it fell hard, it then recovered fairly spectacularly - even making a new all-time high in the process. Since then, the law of gravity has intervened and the price has come back to the ascending trendline, where if the bulls get their way, a bounce could occur. $BNB still very bullish Source: TradingView As can be seen in the weekly chart for $BNB, the price has risen in such a parabolic fashion that the first decent horizontal support is not to be found until way down at $676, which is nearly half of today’s price. Therefore, trendlines have become important, and if the current one doesn’t hold, the next drop would be down to $1,000, and the major trendline just below this level. This is all very well in a bull market, but when the crypto market eventually does descend into a bear market, the $BNB price could have a long way to fall without market structure below it. Nevertheless, as things stand $BNB is still very bullish. Price targets looking further out are at $1,486 at the 2.618 Fibonacci level, and then $1,977 at the 3.618 Fibonacci level. $SOL falls back below major support level Source: TradingView While the $SOL price only came down 20% on Friday, relatively speaking, the recovery is still causing the bulls a big struggle. The price came down perfectly to the major ascending trendline, retested it, and climbed back up with alacrity. However, after getting above the major $202 horizontal resistance level and also the next ascending trendline, the bears were able to haul the price back down below both, where it is currently. Nevertheless, there is plenty of the day left, and the bulls would want to at least confirm back above the major resistance. Much might depend on how the U.S. stock market shapes up when it opens later today. $SOL has strong price structure below Source: TradingView Viewing the $SOL price in the weekly time frame it can be observed that there is plenty of price structure below the price, potentially allowing $SOL to go higher from a very strong base. The next price step can be seen to be forming at $250. If the price can get there and confirm above, this could form the next healthy step in price structure. For the current price action, the fact that the Stochastic RSI indicators are falling is not a good sign. That said, if the price can hold above the $176 major support level while the indicators come down to the bottom, the resulting bounce could determine the rest of the bull market for $SOL. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
cryptodaily·10h ago
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BNB Chain Drops $45 Million Airdrop to Aid Meme Coin Traders
BNB Chain has introduced a $45 million token giveaway to support users impacted by the meme coin price drop.
bitdegree·10h ago

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AboutBinance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance. Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing. In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB. The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance. Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas. Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.
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Date
Market Cap
Volume
Close
October 14, 2025
$168.04B
$8.88B
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October 14, 2025
$180.02B
$9.46B
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October 13, 2025
$180.78B
$9.05B
$1,298.79
October 12, 2025
$158.48B
$6.95B
$1,138.12
October 11, 2025
$155.76B
$8.69B
$1,110.81
October 10, 2025
$174.77B
$6.72B
$1,255.88
October 09, 2025
$181.27B
$5.63B
$1,306.48
October 08, 2025
$182.47B
$9.74B
$1,311.71
October 07, 2025
$169.96B
$4.28B
$1,224.57
October 06, 2025
$162.06B
$2.44B
$1,165.48

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