Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized protocols should be allowed to flourish given that open-source code and smart contr...
Tag: Centralized
Waves Founder Sasha Ivanov says Waves doesn’t need centralized exchanges, outlining path to aggressive decentralization
LONDON–(BUSINESS WIRE)–Following the investment warning posted across centralized exchanges last week, which placed warnings on WAVES token trading*; Waves Founder Sasha Ivanov explains USDN depeg doe...
Paxful Discourages Users from using centralized exchanges
Ray Youssef, CEO and co-founder of Paxful, has asked investors on centralized crypto exchanges to withdraw their holdings. Youssef also revealed contentious measures the exchange will take in the afte...
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians – Coinotizia
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spect...
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians – Exchanges Bitcoin News
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spect...
FTX NFTs Are MIA: A Lesson on Centralized Risk
FTX customers just can’t get a break. In the latest twist from the crypto exchange’s fallout, NFTs minted on the FTX exchange now show a blank image instead of the original art. Any direct links to an...
“FTX Was Centralized Around One Person”
Alex Dovbnya Prominent venture capitalist Tim Draper has downplayed the significance of the FTX-induced crisis for the future of Bitcoin Prominent venture capitalist Tim Draper has downplayed the sign...
JP Morgan is bullish about Centralized Crypto Exchange, Know what he said
JP Morgan is bullish that the centralized crypto exchange will still be a leader. The switch to decentralized exchanges is not inevitable: JP Morgan. JP Morgan, a global leader in financial services o...
Proof of Reserves: A Trust Standard for Centralized Exchanges
Key Takeaways The recent FTX liquidity crisis highlighted the need for the industry to mature, and find solutions to improve transparency. Many exchanges have adopted Proof-of-Reserves, a method that ...
Ether storage coming to Casa as centralized exchanges lose their luster
Crypto firm Casa will offer customers the ability to store ether, with its CEO referencing the FTX collapse as a reason for its appeal. “A lot of people learned the hard lesson of why holding yo...
Coin Bureau Host Predicts Centralized Crypto Exchanges Will Be Displaced in Coming Years
A popular crypto analyst thinks decentralized exchanges (DEXs) will take over crypto in the wake of the recent FTX collapse that spurred fears about centralized exchange (CEX) transparency. Despite hi...
Centralized Exchange Would Continue To Dominate as per JPMorgan
Exchange News The bank’s strategists, led by Nikolaos Panigirtzoglou, warned clients on Thursday. Post FTX fall, the crypto market went into a state of shock with a domino effect. JPMorgan predicted t...
Are XRP & XRPL Centralized? Ripple Executives Argue
Gamza Khanzadaev XRP & XRPL decentralization gets challenged, Ripple’s former and current top managers provide their points of view Contents Main points Ripple’s holdings in XRPL A new...
Here’s how centralized exchanges aim to win back users after the FTX collapse
Centralized crypto exchanges play a huge part in the crypto trading ecosystem. However, the FTX collapse showcased how difficult it is to trust exchanges with user funds. Despite this, crypto trading ...
FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance – Regulation Bitcoin News
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the...
DeFi protocol AAVE faces bad debt and centralized points of failure
AAVE has a bad debt problem. A global community of people use the AAVE protocol to take out and service crypto loans, provide liquidity, stake, earn interest, and/or vote on governance proposals. But ...
Vitalik Buterin – Centralized Exchanges Could Use Cryptographic Proofs, ZK-Snark To Build Trust
HodlX Guest Post Submit Your Post The renowned blockchain programmer wrote a blog on how centralized exchanges can move toward trustlessness. Buterin opines zero-knowledge succinct non-interactive ...
CEX Education Program Launched by Bitcoin.com as Centralized Services Collapse
Vladislav Sopov CEX Education Program designed to reward collapsed CEX victims with VERSE, native token of Bitcoin.com’s new wallet Contents Bitcoin.com announces CEX Education Program with VERS...
Ethereum Co-Founder Vitalik Buterin Discusses FTX Collapse — Says ‘Centralized Anything Is by Default Suspect’ – Featured Bitcoin News
Ethereum co-founder Vitalik Buterin says many people in the Ethereum community see the FTX collapse “as a validation of things they believed in all along: centralized anything is by default suspect.” ...
Coinbase shares hit all-time low Monday as centralized exchanges deal with FTX fallout
Shares of crypto exchange Coinbase hit an all-time low Monday, as fallout from FTX’s demise has continued to rattle the industry. The exchange was down roughly 8% at the time of publicatio...
‘CEX Education Program’ Unveiled by Bitcoin.com to Reward Victims of Centralized Crypto Fails and Strengthen DeFi
Bitcoin.com has announced the launch of a new initiative to promote decentralized finance and self-custody while compensating those who have lost out due to the failure of centralized crypto companies...
Bitcoin․com Announces ‘CEX Education Program’ to Reward Victims of Centralized Crypto Failures and Bolster DeFi – Press release Bitcoin News
press release Bitcoin.com announced the creation of a program that will reward people affected by centralized crypto company insolvencies while encouraging the adoption of decentralized finance and se...
Binance CEO Suggests t Principles For Centralized Exchanges To Prevent FTX Fiasco
Irrespective of the analytical lens you choose, you might feel that the recent FTX debacle’s impact is heavier than other unfortunate past incidents, especially because it happened when the market was...
Research: 78% of all staked ETH is across 4 centralized providers; 74% of all blocks are OFAC compliant
Ethereum (ETH) staking on-chain data shows that an estimated 78% of all staked ETH is across four centralized providers. Currently, an approximated 8-9 million ETH is staked across the following four ...
CZ’s 6 tips to run a healthy centralized crypto exchange
Changpeng Zhao (CZ), the founder of the dominant crypto exchange Binance, has recently proposed several initiatives to restore order to the digital-currency ecosystem in the wake of the collapse of ri...
Binance Shares Six Principles for Centralized Exchanges
Industry leader Binance has shared its principles on how the fiasco can be avoided in the future. On Nov. 15, Binance CEO Changpeng ‘CZ’ Zhao tweeted the most important requirements that his and every...
Centralized Exchanges Are Reason for Crypto Collapse
2 seconds ago | 2 mins read Exchange News JP Morgan stated centralized exchanges are the key player in the recent crypto collapse. Regulatory bodies initiated an investigation into the defeat FTX exch...