In line with a brand new report launched on June 14 In line with blockchain analytics agency Nansen, most respected cryptocurrency exchanges have adopted shopper safety funds following the collapse of FTX. Collectively, exchanges like Binance, OKX, and Bitget have greater than $2 billion. USD nominal fiat hedge funds. In the meantime, Huobi’s insurance coverage fund is a deposit of 20 thousand.BTC), whereas Coinbase (NASDAQ: Nansen researchers wrote:
Amongst different issues, Binance retained the highest spot when it comes to each spot and derivatives buying and selling quantity. Within the spot transactions sector, the trade’s complete market share reached 69%, and the month-to-month buying and selling quantity was 209.5 billion. Within the spot markets, Kraken’s buying and selling quantity elevated by 14.35% to $18.9 billion within the six months following the FTX collapse. USD in comparison with the earlier six months. In the meantime, Bitfinex’s buying and selling quantity fell essentially the most, falling 59.5% to $5 billion over the identical interval.
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