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Mixin Community, which has raised over $200 million lately, has now provided $20 million to the hacker as a “bug bounty” for the return of its customers’ funds. Mixin suspended deposits and withdrawals after the assault, however now says the losses weren’t as vital as estimated. The autumn in market share for Binance comes as rules tighten. The precise explanation for the dip in Binance’s market share is difficult to pinpoint, nevertheless, with Huobi and Upbit gaining traction as Binance slipped this 12 months, with the latter now accounting for 14.5% of volumes.
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