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The Daily: Binance pays $283 million in compensation following Friday’s depegs, bitcoin recovers above $114,000 as crypto market stabilizes after historic wipeout, and more The Block 13 Oct 2025

The Daily: Binance pays $283 million in compensation following Friday’s depegs, bitcoin recovers above $114,000 as crypto market stabilizes after historic wipeout, and more 💹

Binance made a significant move by paying $283 million in compensation following last Friday's depegs. This comes as Bitcoin rebounds past $114,000, signaling a recovery and stabilization in the crypto market after an unprecedented downturn.

The news indicates a broader recovery trend within the market, instilling hope among investors and stakeholders.

Source: www.theblockcrypto.com ↗

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