In this regard, as 2022 continues to be rough on the global economy, the crypto sector, in particular, has been ravaged by a series of meltdowns that have had a major impact on the financial outlook and investor confidence in relation to this maturing industry.
“In my opinion, Binance, Coinbase, Kucoin and Kraken’s business models will survive the ongoing turbulence. However, even large entities like Coinbase are not currently competing with Binance. The company has no big competitors left. Even inside the U.S. market, Binance US is growing, while Coinbase, Gemini and Crypto.com are falling in DAU, as of Q3 2022.”
“It’s incumbent on exchanges to provide a better experience to crypto investors. They must become better and more trustworthy places to trade. Not all will make it, but those real pedigrees will survive. It's also important to remember that the role of exchanges is to protect investors’ funds and provide a market — not be the market. FTX got that wrong,” he added.
However, Andryunin noted that most DeFi protocols are still not convenient for retail traders, adding that there are hardly any quality DEXs with features like limit orders today. If that wasn’t enough, in his view, most platforms operating within this realm today offer an extremely weak user experience.
区块链技术价值，去中心化，把资产主权下放分散给用户。FTX中心化掌控数字资产，挪用掏空用户资产，他违背了区块链放权给用户的信用
回归区块链技术价值-去中心化。
so xpr proton ProtonDEX is best for trust. true ProtonDEX.com
Not your keys, not your tokens
A wake-up call to way more than crypto. The amount of corruption involved is unprecedented.
If it isn’t then what is? Bitcoin going to zero? Time to wake up, take your own crypto custody and dump CEXes for good - no such thing as safe CEX. Even CZ had part to play in the FTX collapse, and should be investigated.
Nice that it didn't become the fatal stroke
‘A bear market makes light work of exposing weaknesses.’
Most will hit the snooze alarm
We are still early, the ride will be a bit bumpy. Good to see that we are headed in the right direction.
Uh-uh, the ultimate wake up call won't come until Microstrategy goes down in flames and drags bitcoin with it.
Lmao 🤣
Soo nooo mention of thiss thing..
So many are and so many are still at ☠️
What SBF did was completely unacceptable !
And this Man Saw it ALL Coming - RichardHeart - A Founder that y’all should Familiarise Yourselves with - His Teachings Continue to Benefit those Wise Enough to Embrace & His Cryptos Will Come to Dominate the Crypto Arena - HEX PulseChain PulseX - Winners in the Space -FACT
I thought Luna was…
Feels like it was made purposely
FTX makes Mashinksky look like an angel
POTUS HouseGOP WhiteHouse HouseDemocrats dscc SenateGOP Calling for Congressional Inquiry and Emergency Executive Order for STAY of transactions related cryptocurrency upon Banks transacting business therewith