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Bybit and Bitget Report Deposit Increases After Reported Binance Hack
(11 hours ago) · 1 source · Summarized by CryptoBipto
According to a report from CryptoSlate, crypto exchanges Bybit and Bitget have seen a surge in user deposits following what is described as a $6.3 billion hack of Binance. The reported hack appears to have prompted users to move funds to competing platforms. Details about the Binance incident and the scale of the deposit shifts have not been independently verified.
WHY IT MATTERS
When a crypto exchange gets hacked, it means someone found a way to steal digital assets stored on the platform.
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SOURCES
- cryptoslate.com
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