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Binance Loses Trading Share to OKX, Coinbase and Kraken After the $6.3 Billion Hack
Binance survived the largest crypto hack on record — and still lost ground. In the seven days after the October 29 theft of about $6.3 billion from its hot wallets, Binance's share of spot trading on the market's top-10 platforms fell to about 42%, down from around 48% before the hack and roughly 51% in mid-August, according to Kaiko data reported on November 4. Rivals moved the other...
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