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Between 20:50 and 22:00 (UTC) on October 10, global volatility caused a sharp drop in the crypto market.

🔶 Binance confirmed that its systems operated correctly; liquidations were minimal and the drop was due to external factors.
🔶 Some assets experienced brief de-peggings and technical failures, which have now been resolved.
🔶 Affected users were compensated (≈USD 283 M) and ongoing reviews are being maintained.

Binance reaffirms its commitment to transparency and security.

👉 Read the full announcement here