• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Capital outflow from OKX reached $630 million in one week

Capital outflow from OKX reached $630 million in one week

user avatar

by Eve Adams

2 years ago


According to DeFiLlama, from June 4 to June 11, 2024, the cryptocurrency exchange OKX recorded a capital outflow of $633.88 million. Previously, some platform users encountered fund theft.

According to the platform, in the last 24 hours, from June 10 to June 11, 2024, the exchange lost $204.67 million, the largest amount among the top 10 market share companies:

Capital inflow/outflow for the top ten largest cryptocurrency exchanges

Over the month, capital outflow from OKX is comparable to platforms like Robinhood, with the trend of fund withdrawal intensifying in recent days.

Last week, it was reported that an exchange user lost $2 million due to a deepfake video. Later, it became known that two more accounts were hacked, and journalist Colin Wu noted that the use of Google Authenticator on the platform is not mandatory. In one of the cases, the OKX team stated that they contacted the victims and are conducting their own investigation.

It is noteworthy that on June 11, 2024, the exchange announced an update to some system modules, requiring users to re-authenticate.

However, it is unknown whether the capital outflow is related to the aforementioned cases of fund theft.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Anonymous Trader Achieves 701 Million in Unrealized Gains from ETH and HYPE Shorts

chest

An anonymous trader increased short positions in ETH and HYPE, realizing significant unrealized profits of 701 million within just one hour.

user avatarKaterina Papadopoulou

Canaan Inc's Stock Performance Declines Amid Industry Shift

chest

Canaan Inc's shares have dropped 63% over the past year as many crypto mining companies have shifted their focus to providing computing power for artificial intelligence.

user avatarKaterina Papadopoulou

Canaan Inc Faces Nasdaq Delisting Warning

chest

Canaan Inc has received a warning from Nasdaq to increase its share price within 180 days or face delisting.

user avatarTomas Novak

Tesla Partners with Samsung for AI6 Chip Production

chest

Tesla has entered into a $165 billion agreement with Samsung Electronics for AI chip production through 2033.

user avatarLeo van der Veen

Tesla Resumes Work on Dojo3 Project

chest

Elon Musk announces the revival of the Dojo3 project as the AI5 chip design reaches stability.

user avatarMaya Lundqvist

Cardano's Ecosystem Development Remains Strong

chest

Cardano continues to innovate with recent protocol upgrades, enhancing its reputation as a premier smart contract network.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.