Binance Addresses Depegging Incident, Compensating Users for Losses

Binance has taken responsibility for a recent depeg incident involving USDe, BNSOL, and WBETH tokens, leading to significant losses for affected users. The exchange announced a compensation program for those impacted by the event, which resulted in one of the largest single-day liquidations in crypto history. 2025 marked a turbulent period within the cryptocurrency market, with Binance’s response highlighting the vulnerability and need for robust risk management practices.