TON Ventures-Backed TAC Token Crashes 90% In Minutes, Exposing Binance Listing Perils
The post TON Ventures-Backed TAC Token Crashes 90% In Minutes, Exposing Binance Listing Perils appeared on BitcoinEthereumNews.com. The crypto market witnessed another stark reminder of exchange-listed token fragility on Tuesday, as TAC — a project backed by TON Ventures and Hack VC — plummeted more than 90% in a 15-minute window, landing near $0.0063. The flash crash, detailed in a market update from WuBlockchain, wiped out the majority of the token’s value after its first year of trading on Binance Alpha and Binance Futures. TAC first listed on Binance’s Alpha launchpad and the exchange’s futures platform in July 2025, giving it an immediate liquidity advantage over many early-stage projects. The team is building an EVM-compatible layer-2 network designed to bring Ethereum-style smart contracts into the TON and Telegram ecosystem, a niche that has attracted investment from Animoca Ventures, Symbolic Capital, and Spartan Group alongside lead backers TON Ventures and Hack VC. The crash