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Changpeng Zhao claims that Binance triggered the October 10, 2025 cryptocurrency market crash during an ask-me-anything session on Binance's social platform Friday. The former CEO called accusations "far-fetched," adding that users blaming the exchange for the $19 billion liquidation event are "unli

A cross-asset liquidation wave driven by Microsoft artificial intelligence investment news sent gold down roughly 8%, silver tumbling nearly 12%, and Bitcoin (BTC) declining around 9% while triggering nearly $300 million in crypto long position liquidations and pushing Binance open interest back abo

Binance announced Friday it will convert its $1 billion emergency protection fund from stablecoins to Bitcoin (BTC) over 30 days. The move follows three months of escalating criticism over the exchange's role in October's $19 billion liquidation event. The conversion addresses community pressure tha

Two of the cryptocurrency industry’s most prominent voices have publicly rebuked Binance on Wednesday, linking the largest liquidation event in crypto trading history to structural weaknesses on the world’s biggest exchange and to broader market consequences. Short-Term Tactics Are Eroding Industry

Roughly 420,000 records referencing Binance accounts were found among 149 million exposed logins and passwords in a massive unprotected database uncovered by cybersecurity researcher Jeremiah Fowler, highlighting the scale of credential theft impacting crypto users through malware-infected devices.