The post Binance Wallet glitch shows $0 balances after weekend chaos appeared on BitcoinEthereumNews.com.

Binance Wallet is incorrectly displaying users’ balances as $0 after “network congestion,” following this weekend’s $20 billion market crash, caused the platform to lag. Users reportedly can’t view “interactive event information,” such as account balances and prices.  Binance claims that these problems are “purely display-related,” and that “no core functions or user balances are affected.” It described the lag as “temporary.” Read more: Traders blame CZ for ending BNB memecoin season Engineers are reportedly working to fix the situation and restore the software’s real-time updates once network conditions stabilize. Network congestion can be caused by limited bandwidth or hardware limitations. However, given the weekend’s events, a spike in user demand and traffic is the likely culprit. Crypto crash has Binance on the ropes Wallet complications are just an unwanted cherry on the cake for Binance after the market crash caused issues for its Binance Earn program. Indeed, three Binance Earn assets, USDE, BNSOL, or WBETH, depegged during the chaos and caused issues with transactions. Binance apologized for this, and users holding these assets were compensated collectively to the tune of $283 million.  The last 24 hours have been turbulent for the crypto market, and I know many of you faced challenges on our platform. I’m truly sorry to everyone who was impacted. We don’t make excuses — we listen closely, learn from what happened, and are committed to doing better. If you’re… — Richard Teng (@_RichardTeng) October 11, 2025 Statement from Binance’s CEO apologising for this weekend’s issues. Read more: Is Aster just CZ taking Binance on-chain? Binance’s Chief Customer Service Officer, Yi He, also apologised for the issues users experienced, and attributed it to “significant market fluctuations,” and a “substantial influx of users.” Some Binance altcoins also plummeted in price, with Cosmos and IoTeX briefly dropping to $0. The tokens reportedly…

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Filed under: News - @ October 13, 2025 2:25 pm