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India's CoinDCX Halts New Crypto Futures Bets After Binance Hack Disrupts Liquidity
(3 hours ago) · 1 source · Summarized by CryptoBipto
CoinDCX, described as India's largest crypto exchange, has curbed futures trading by halting new positions after a reported hack at Binance disrupted liquidity. The move appears to be a precautionary step as the exchange relies on Binance for liquidity in its derivatives markets. Details about the scope of the Binance incident and its broader impact remain unclear.
WHY IT MATTERS
Think of a crypto exchange like a marketplace where people buy and sell digital currencies.
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SOURCES
- coindesk.com
RELATED
Exchange SecurityBinance HackCrypto FuturesLiquidityIndian Crypto Market
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