Binance’s Spot Market Share Drops to 42% After $6.3B Hack as OKX Gains

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Binance handled about 42% of spot cryptocurrency trading across the top ten exchanges over the past seven days, its lowest weekly share in at least 12 weeks. The figure stood at around 48% before the October 29 hack, in which attackers stole $6.3 billion, and roughly 51% in mid-August. OKX gained ground with a share of about 14%, up from 11% the previous week, while Coinbase rose to 9.6% and Kraken also increased its share. Net outflows since withdrawals gradually reopened on November 1 reached $5.6 billion, or about 3.5% of the exchange’s assets. Binance said 95% of the affected tokens had been replenished and that deposits began exceeding withdrawals at 03:00 UTC.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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