October 11 Crypto Market Flash Crash: Review of Related Events and Measures Taken by Binance
Key PointsThe main driving factors of the market turmoil on October 11, 2025, include macroeconomic shocks, market maker risk control mechanisms, and congestion on the Ethereum network.During the market turbulence, Binance's core system maintained normal operation without any overall platform outages, and all core matching, risk verification, and clearing functions executed continuously and stably without interruption.Binance has always been committed to maintaining transparency and protecting user interests, proactively taking multiple measures to support users affected by extreme market fluctuations.
Recently, we have noticed discussions in the community about Binance and understand the emotions and concerns expressed by some users in the current market environment.During a phase of industry volatility and market pressure, as Binance has developed to its current scale, the fluctuations in the industry are also fluctuations in Binance. Discussions about the industry reflect the challenges that the crypto industry must face in its maturation process. As the industry scale expands and the structure becomes increasingly complex, the market demands higher requirements for platform governance capabilities, risk control, and a sense of responsibility.Binance is no longer just a single player; the industry is being recognized and accepted through us. For this reason, we must hold ourselves to higher standards and, with an open attitude and approach, continuously face evaluations and feedback from different perspectives.
Binance Futures to Launch XAGUSDT U-Perpetual Contract (2026-01-07)
This is a general announcement. The products and services mentioned here may not be available in your region. Dear User: To provide more Binance Futures trading options and enhance user trading experience, Binance Futures will launch perpetual contracts at the following time: January 7, 2026, 18:00 (UTC+8): XAGUSDT perpetual contract, maximum leverage up to 50x Additional information about the above perpetual contracts is shown in the table below: U-Perpetual Contracts XAGUSDT Listing Time January 7, 2026, 18:00 (UTC+8) Underlying Asset Silver (XAG) Underlying Asset Overview
Can the lead time be a bit longer? Every time it's a few minutes earlier, worried that others will find out.
币安Binance华语
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The token airdrop is currently experiencing delays. Please wait for further official announcements regarding the specific collection time! Thank you for your patience and understanding.
According to ChainCatcher, the BNB Foundation announced that the BNB Chain has completed its 33rd quarterly BNB token burn. The total amount automatically burned is 1,441,281.413 BNB, valued at approximately 1.208 billion USD at the time of the burn. The remaining total supply is 137,738,379.26 BNB.
According to ChainCatcher, the BNB Foundation announced that the BNB Chain has completed its 33rd quarterly BNB token burn. The total amount automatically burned is 1,441,281.413 BNB, valued at approximately 1.208 billion USD at the time of the burn. The remaining total supply is 137,738,379.26 BNB.
CZ is trending again, this time not because of an exchange, but because he proposed a bold suggestion — China should consider launching a Renminbi stablecoin.
Recently, the market was volatile, and I casually added some $BNB . I didn't expect that today two news pieces about CZ would flood the screens: first, he said that after being pardoned, he would focus on the investment layout of YZI Labs (formerly Binance Labs) and would not immediately return to Binance; second, he is now invited by multiple countries to serve as a government-level crypto advisor, truly stepping into the 'political advisory circle'.
Even more eye-catching is that he publicly stated — China should seriously consider the application of a Renminbi stablecoin.
This topic is indeed quite thought-provoking. Given CZ's current influence, he doesn't say this lightly. However, if it is to be implemented in China, the difficulty is likely considerable. Policies, regulations, and the international environment all need to align; it’s not something that can be accomplished with just a slogan.
That said, once the Renminbi stablecoin takes shape, its influence will definitely rival that of the digital dollar. If it can gradually advance within a compliant framework, it might really open a new chapter in the global payment system.
What do you think? Will the Renminbi version of USDT really make an appearance one day?
Brothers, I have a somewhat immature idea. I plan to invest 10u into each of these Chinese coins to see if I can hit a ten-thousandfold coin. What do you think?
In terms of ecological progress, OpenLedger has raised $8 million in seed funding led by Polychain and partnered with Walmart and the Dubai government to implement a compliant AI system. The token OPEN serves as ecological fuel, used for paying Gas, staking governance, and incentive distribution, with a total supply of 1 billion tokens, of which the community accounts for as much as 51.7%, highlighting its decentralized nature. After the mainnet launch, Binance's price once soared by 200%, and as the demand for AI data monetization surges in the future, OPEN is expected to become the core infrastructure for the integration of Web3 and AI! #OpenLedger Follow immediately @OpenLedger and seize the dividends of the AI democratization era! $OPEN
In terms of ecological progress, OpenLedger has secured $8 million in seed funding led by Polychain and has collaborated with Walmart and the Dubai government to implement a compliant AI system. The token OPEN serves as ecological fuel, used for paying gas, staking governance, and incentive distribution, with a total supply of 1 billion tokens, of which the community accounts for as much as 51.7%, highlighting its decentralized nature. After the mainnet launch, the price on Binance surged by 200%, and with the future increase in demand for AI data monetization, OPEN is expected to become the core infrastructure for the integration of Web3 and AI! In terms of ecological progress, OpenLedger has secured $8 million in seed funding led by Polychain and has collaborated with Walmart and the Dubai government to implement a compliant AI system. The token OPEN serves as ecological fuel, used for paying gas, staking governance, and incentive distribution, with a total supply of 1 billion tokens, of which the community accounts for as much as 51.7%, highlighting its decentralized nature. After the mainnet launch, the price on Binance surged by 200%, and with the future increase in demand for AI data monetization, OPEN is expected to become the core infrastructure for the integration of Web3 and AI!
Follow immediately @OpenLedger , seize the dividends of the AI democratization era! $OPEN
Title: Somnia (SOMI) ignites the next wave of public chain revolution! 400,000 TPS + sub-second finality, with developers from the metaverse and blockchain games migrating collectively!
Somnia is designed as an EVM-compatible Layer 1 public chain specifically for large-scale real-time applications, processing 400,000 transactions per second (TPS) and achieving sub-second confirmation speeds, thoroughly addressing the performance bottlenecks of traditional blockchains. Its core innovation, the MultiStream consensus mechanism, separates the data chain from the consensus chain, enabling parallel processing and preventing MEV attacks, while the IceDB database ensures read and write latency remains stable in the nanosecond range, with gas fees below 0.01 USD.
Its core advantage lies in: Compliance Embedded Chain Layer: Direct integration of KYC/AML, ERC-3643 token standard, reducing the threshold for RWA asset on-chain; Modular Architecture: Based on Arbitrum Orbit and Celestia DA, Gas costs reduced by 99.9%, and cross-chain interoperability achieved through Chainlink CCIP; Real Yield Driven: Users can stake PLUME to earn an annual yield of 10-20% and participate in the distribution of real asset returns such as U.S. Treasury bonds and green energy. As institutions like BlackRock and Apollo accelerate their layout in the RWA sector, Plume, with its first-mover advantage and support from the Binance ecosystem, has enormous valuation potential (current FDV is only $1.6 billion, far lower than Ondo's $8.5 billion!). After the mainnet launch, PLUME will serve as the core for Gas, governance, and staking, and value explosion is imminent!