• 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

Brevis and BNB Chain Expand Privacy Infrastructure Partnership

chest

Brevis has announced an expansion of its partnership with BNB Chain to develop a new Privacy Infrastructure aimed at enhancing user control over on-chain data sharing.

user avatarZainab Kamara

GMTrade Launches Forex Perpetuals on Solana Network

chest

GMTrade has launched Forex Perpetuals on the Solana blockchain, allowing crypto users to trade major global currency pairs onchain.

user avatarSon Min-ho

Intel's Foundry Business Gains Traction Amid AI Demand

chest

Intel's foundry business is gaining traction due to strong demand for AI-related server CPUs, with its new manufacturing process enhancing its market position.

user avatarTando Nkube

Intel Corporation Shares Rally on Analyst Upgrades

chest

Intel Corporation shares closed at 4696 on January 16, 2026, driven by bullish analyst upgrades and optimism ahead of Q4 earnings.

user avatarAyman Ben Youssef

Memecoin Market Faces Major Setback After Initial Surge

chest

The memecoin market has lost approximately 85% of its gains within a week after a surge of 10 billion in market capitalization.

user avatarNguyen Van Long

Ethereum and BNB Price Forecasts Show Steady Growth

chest

Ethereum and BNB are projected to experience steady price growth in the coming months, with specific targets set for January and February.

user avatarKofi Adjeman

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.