The priority of the CZ platform was lowered due to a May hack.
The cryptocurrency analytical resource CryptoCompare excluded the Binance platform from the top 10 of its rating of the best bitcoin exchanges – from 8th position, the platform moved to 12th place. About it writes The Block.
The leader was the Winklevoss Brothers Gemini Exchange, followed by itBit, Coinbase, Kraken, Bitstamp, Liquid, OKEx, Poloniex, bitFlyer, and Bitfinex.
As the head of CryptoCompare, Charles Hayter, noted, the priority of Binance was lowered due to the May hack, as a result of which the platform of Changpeng Zhao lost more than 7 thousand bitcoins.
In addition, the rating began to take into account the negative statements of representatives of the cryptocurrency community, as well as the facts of data leakage and suspicious liquidations.
It is also noted that only 4% of cryptocurrency exchanges have insurance against hacking and only 8% use custody solutions in their activities.
CryptoCompare assures that they don’t take money for places in their ranking …