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Market Impact: 0.3
Binance Boosts Market Maker Incentives in Wake of Record Hack
Source: Bloomberg
Crypto & Digital AssetsCybersecurity & Data PrivacyCompany Fundamentals
Binance increased incentives for some market makers to trade on its platform as it seeks to bolster activity following a record $6.3 billion hack. The move signals efforts to support trading activity, but the reported hack is a significant negative backdrop.
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