During Friday’s crypto market crash, altcoins like ATOM token briefly dropped to zero on Binance, but held value on other exchanges. Bitcoin fell 10-15%, while altcoins on Binance plummeted 99.99-100%. Over $850 billion was lost in market capitalization. Leverage led to $20 billion in liquidations, overwhelming Binance’s systems and causing zero valuations. Binance issued an apology and will compensate for system failures.

Read more at Cointelegraph: Why Did Some Altcoins on Binance Crash to Zero?