Binance’s Market Share of Crypto Trading Tumbled to 30% in 2023
The exchange has also witnessed a drop in its trading volume amidst the regulatory crackdown on the entity in the U.S.
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OKX
The exchange has also witnessed a drop in its trading volume amidst the regulatory crackdown on the entity in the U.S.
Asset manager CoinShares along with crypto custody joint venture Komainu are aiming for TradFi standards in derivatives settlement with much reduced counterparty risk.
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT.
OKX, one of the biggest crypto exchanges by trading volume, is planning to enter India to explore potential Web3 applications.
The exchange bucked the general market trend that saw a decline in trading volume for most centralized exchanges.
Manchester City and OKX’s other partners have been auditing the exchange’s proof of reserves to ease concerns that it won’t go the same way as FTX.