🚨 BINANCE WILL REFUND CUSTOMERS AFTER MARKET CRASH!
The world’s largest exchange confirmed it will compensate users affected by losses in three cryptocurrencies during Friday’s (10) market collapse.
💥 The coins involved are:
🔸 EthenaUSD (USDE)
🔸 Binance Staked SOL (BNSOL)
🔸 Wrapped Beacon ETH (WBETH)
According to Binance, refunds will be made automatically within 72 hours to affected accounts — covering Futures, Margin, and Loans positions.
> 🗣️ “Users who suffered losses due to loss of parity will be compensated. Normal market fluctuations are not eligible,”
said Yi He, Binance co-founder.
📉 What happened?
During the sharp market drop, three assets briefly lost their peg (depeg):
🔻 $USDE fell from $1 → $0.65
🔻 $BNSOL dropped 88% against SOL
🔻 $WBETH lost 81% against ETH before recovering
The exchange confirmed the issue occurred between 21:36 and 22:16 (UTC) on October 10, 2025.
💡 Quick summary:
✅ Binance acknowledged the issue
✅ Automatic refund within 72h
✅ Applies to Futures, Margin, and Loan accounts
#cryptocurrency #USDE #BNSOL #WBETH
The world’s largest exchange confirmed it will compensate users affected by losses in three cryptocurrencies during Friday’s (10) market collapse.
💥 The coins involved are:
🔸 EthenaUSD (USDE)
🔸 Binance Staked SOL (BNSOL)
🔸 Wrapped Beacon ETH (WBETH)
According to Binance, refunds will be made automatically within 72 hours to affected accounts — covering Futures, Margin, and Loans positions.
> 🗣️ “Users who suffered losses due to loss of parity will be compensated. Normal market fluctuations are not eligible,”
said Yi He, Binance co-founder.
📉 What happened?
During the sharp market drop, three assets briefly lost their peg (depeg):
🔻 $USDE fell from $1 → $0.65
🔻 $BNSOL dropped 88% against SOL
🔻 $WBETH lost 81% against ETH before recovering
The exchange confirmed the issue occurred between 21:36 and 22:16 (UTC) on October 10, 2025.
💡 Quick summary:
✅ Binance acknowledged the issue
✅ Automatic refund within 72h
✅ Applies to Futures, Margin, and Loan accounts
#cryptocurrency #USDE #BNSOL #WBETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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