Binance Steps Up with $400 Million Relief Fund After Friday’s Cryptocurrency Crash

To calm markets and address the financial impact of last week’s dramatic sell-off in cryptocurrency prices, Binance has launched a substantial $400 million relief program. This initiative is designed to support traders affected by the significant market volatility triggered by geopolitical tensions and macroeconomic concerns. The fund, featuring token vouchers and a low-interest loan pool, will aid those who suffered losses during a specific period.