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Feb 02, 2026

Web3 CEOs Clash Over Who Caused Crypto’s 10/10 Black Friday Crash

The October 10, 2025 crypto market crash, which triggered an estimated $19–28 billion in forced deleveraging, is yet again reigniting debate among Web3’s most influential executives. On Oct 1o, crypto experienced a shock that liquidated roughly $19 billion of leveraged positions within hours. During the peak of the event, Binance’s USDe on-venue price briefly dislocated.

The post Web3 CEOs Clash Over Who Caused Crypto’s 10/10 Black Friday Crash appeared first on CoinGape.

Source: CoinGape →

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