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Binance Spot Market Share Falls to 42% Following $6.3 Billion Hack as OKX Gains
(4 hours ago) · 1 source · Summarized by CryptoBipto
Binance's share of the spot trading market has reportedly dropped to 42% following a reported $6.3 billion hack. Competitor exchange OKX has reportedly gained market share during this period as traders appear to have shifted activity away from Binance.
WHY IT MATTERS
A cryptocurrency exchange is like a bank where people store and trade digital currencies.
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SOURCES
- cryptopotato.com
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Exchange SecurityBinanceOKXMarket ShareCrypto Hacks