The recent collapse of popular crypto exchange FTX is again raising the question of ‘who actually controls our crypto assets?”. This whole debacle has significantly damaged the crypto industry, as alm...
Tag: Centralized
FTX Showed the Problems of Centralized Finance, and Proved the Need for DeFi
Despite sell-offs, Uniswap, Balancer, Curv, and other decentralized exchanges (DEXs) and decentralized finance (DeFi) platforms have been functioning smoothly, enabling users to exit their crypto posi...
Centralized exchanges are scrambling in attempts to prove their reserves
Multiple centralized crypto exchanges have indicated over the last few days that they will be offering proofs of reserves, a system through which users will be able to check the amount of funds held o...
Over 80,000 BTC Leaves Exchange Wallets as Traders Lose Confidence In Centralized Exchanges ⋆ ZyCrypto
Advertisement     The financial turmoil occasioned by the FTX liquidity crisis has led to investors withdrawing their Bitcoin from Centralized Exchange (CEX) wallets e...
Centralized Exchange Blowups Have Limited Impact on DeFi
As Binance mulls an acquisition of FTX, the harrowing events surrounding the potential bailout of Sam Bankman-Fried’s exchange by rival CEO Changpeng (CZ) Zhao has dampened sentiment within the crypto...
Bankman-Fried misguides regulators by directing them away from centralized finance
Last month’s proposal from Sam Bankman-Fried, CEO of crypto exchange FTX, for regulators to establish a litany of standards for the cryptocurrency industry poses an existential threat to decentralized...
Setting rules for centralized exchanges
Centralized cryptocurrency exchanges have become the backbone of the nascent crypto ecosystem, making way for retail and institutional traders to trade cryptocurrencies despite a constant fear of gove...
Despite Founding Principles, SEC’s Gary Gensler Says Crypto Is Centralized ⋆ ZyCrypto
Advertisement     The head of the SEC views digital asset firms as centralized institutions against their founding decentralization principles. Gary Gensler wants cry...
Crypto Is Centralized Unlike Decentralized
13 mins ago | 2 mins read Editors News The SEC chair stated that new technologies can help to create new types of economic contests. Gensler’s remarks on the rise of centralization in the crypto ecosy...
SBF’s Views on Centralized Industry Standards Clashes to Crypto Community
SBF represents his views on the necessary crypto regulations. The solutions according to the draft. Let’s know the reaction of the crypto community. Ideas of crypto regulations and industry standards ...
Tether dominates centralized exchange stablecoin trade volumes despite market cap decline
Stablecoins haven’t been exempt from suffering losses during the ongoing cryptocurrency market crash, but its major assets are still persevering, with Tether (USDT) not only ranking third among all cr...
Morgan Stanley Says Ethereum (ETH) Is Becoming More Centralized
– Advertisement – Ethereum is becoming less decentralized as only four companies control 60% of the network’s validators. In a recent research report, Morgan Stanley, American multinationa...
Hodlers prefer centralized exchanges over DeFi for security: Chainalysis
Despite the rise of decentralized finance (DeFi), cryptocurrency investors appear to be sticking to centralized exchanges (CEXs) over DeFi tools, according to a new report. Crypto investors are more c...
Chainalysis explores centralized exchanges – The Cryptonomist
Holders prefer to rely on centralized exchanges (CEX) as the platforms hold more flexibility in high-tech, according to a report by Chainalysis. Indeed, cryptocurrency investors are increasingly less ...
Ethereum Becoming Highly Centralized After Transition To Proof-of-Stake, Pundits Warn ⋆ ZyCrypto
Advertisement     The Ethereum network has recently faced criticism following its Merge, which switched the blockchain to a Proof-of-Stake consensus mechanism. New dat...
Has Proof of Stake Made Ethereum More Centralized?
Has the move to proof of stake made Ethereum more centralized and censorship-prone? With its shift from proof of work to proof of stake last month, Ethereum now relies on validators, not miners, to ad...
Centralized regulation will choke crypto innovation, says Laguna Labs CEO Stefan Rust
With the raft of new draft legislations across nations around the world aimed at the crypto industry, Laguna Labs CEO, Stefan Rust, has stated that the centralized regulations will choke the innovatio...
Controversy Around Binance’s “Centralized” Nature
Wahid Pessarlay Cyber Capital founder alleges that fatal design flaws in Binance’s BNB Chain are culpable for the hacked Binance Bridge Justin Bons, the founder and Chief Investment Officer of C...
Citi Says Decentralized Crypto Exchanges Are Winning Market Share From Centralized Peers
One potential driver for DEX volumes in the near term is an increase in regulation, the note said. As crypto regulation develops more broadly, with expanded reporting requirements, users could begin t...
Top 5 Centralized Exchange Tokens Below $10 Unit Price to Add to Your Portfolio in September 2022
Cryptocurrency which includes centralized tokens are digital assets developed and managed by the Central Exchange. A centralized exchange, as the name suggests, is a business that manages and supervis...
Bitcoin Bull Max Keiser Blasts Ethereum As A ‘Centralized Ponzi Scheme’ As ETH’s Supply Increases Post-Merge ⋆ ZyCrypto
Advertisement     One of Bitcoin’s most vocal advocates, Max Keiser, has once again criticized ethereum in the wake of the much-anticipated upgrade to the world’s seco...
Bitcoin Outperforms Ethereum After The Merger, Will The Centralized Nature of ETH Hinder Its Price Rally? – Coinpedia – Fintech & Cryptocurreny News Media
Ethereum Merger was widely talked about in the past couple of months as the bearish trend was expected to be ceased for a while. Nevertheless, the trend was flipped in a short time with the announceme...
Bitcoin Is More Centralized Than Ethereum, Implies Evan Van Ness
Arman Shirinyan Confrontation between Ethereum and Bitcoin maxis sparked once again, and topic is decentralization One of the biggest updates on the cryptocurrency market that made PoW on Ethereum obs...
Maker is Looking to Move Away from Centralized Stablecoins
Join Our Telegram channel to stay up to date on breaking news coverage Maker, the DeFi framework that powers the DAI virtual currency, has declared that it had increased the borrowing limit on its Eth...
Ethereum PoS Might Be Still Heavily Centralized: Santiment Data
Ethereum as a Proof-of-Stake (PoS) consensus model is still in its infancy, and on-chain data has started picking up some minor flaws in its organization. According to data from blockchain analytics p...
Here’s how the 5 biggest centralized crypto exchanges are navigating The Merge
The Merge, where Ethereum will transition from a proof-of-work consensus mechanism to proof of stake, is estimated to take place in the early hours of Thursday morning. The Merge will be triggered by...
Interesting facts from Ethereum Merge. Is it more centralized than decentralized?
The Ethereum Merge is, without a doubt, one of the most anticipated crypto events of 2022. There are several viewpoints on how it will come to be, with one week remaining. Some investors consider this...
Volume on centralized exchanges, DEXs ticked down in August
Volumes across both centralized exchanges as well as decentralized exchanges, or DEXs, fell in August compared with the month prior, data collected by The Block Research show. As TBR’s Lars Hoffmann n...
Solid P2P Offers Peer-to-Peer Crypto Alternative to Centralized Exchanges
[PRESS RELEASE – Please Read Disclaimer] Cryptocurrencies have massively outgrown the initial phase that started with Bitcoin’s inception over a decade ago, being close to mainstream adoption now and ...
Is XRP Centralized? Ledger Co-Founder Addresses Controversial Comment
Alex Dovbnya The Ledger co-founder has backtracked on his controversial comments about the XRP cryptocurrency, calling them “tongue-in-cheek” Eric Larchevêque, the co-founder of the popular cryptocurr...