Binance has announced a significant compensation plan of $283 million to address losses incurred by users affected by the recent crypto market crash and stablecoin depegging events. This action comes in response to forced liquidations exceeding $7 billion across various platforms, leading to substantial financial impacts for many. 💰 💸 The compensation is allocated to users whose positions were liquidated during this incident, a gesture that stands in stark contrast to past industry responses. Binance emphasizes restoring user trust and system resilience as priorities, evident in the renewed surge in BNB prices and trading volumes following the announcement.