OKX founder blames Binance marketing for 10 October crypto crash as BNB dominance hits 4%
On 10 October, OKX founder Star Xu alleged that Binance's marketing practices and products such as Ethena's USDe on the exchange were responsible for the crypto market crash. Binance countered that a macro shock linked to Donald Trump's tariffs update sparked the $19 billion liquidation wave and said its technical issues did not trigger the move, while BNB later fell below $900 even as its market dominance climbed to 4%.