Exchanges1 source
Binance’s Spot Market Share Drops to 42% After $6.3B Hack as OKX Gains
Headline from CryptoPotato
Key points
- Binance's spot market share dropped to 42% following a $6.3 billion security breach, while rival exchange OKX experienced notable gains in market presence.
- The exchange's self-reported asset estimation decreased from $171 billion down to $157 billion on Monday, reflecting significant capital outflows in the wake of the recent exchange hack.
Summarized automatically by Kryptokite from reporting by CryptoPotato. Read the original sources for full detail.
Sources
- CryptoPotatoBinance’s Spot Market Share Drops to 42% After $6.3B Hack as OKX Gains · 2 hours agoRead on CryptoPotato
Story timeline
- Bitcoin Magazine1 min read
Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority
- Crypto Briefing1 min read
Standard Asset Company outlines $1.5 billion Bitcoin and UAE real estate strategy
- Crypto Briefing1 min read
Former FBI agent set to plead guilty to stealing $1M in crypto
- Crypto Briefing1 min read
Tokenized CRCL now represents 2% of Circle’s market cap
- Bitcoin Magazine1 min read
French Bank Credit Mutuel Arkea Confirms Cyberattack as ZachXBT Puts Losses Above $133 Million
Share
Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.