Crypto Recovery Fund news and trends

DeFi Could Herald End of Centralized Exchange, Binance Exec Says

December 01, 2022
Crypto, Binance.US, Coinbase
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DeFi Could Herald End of Centralized Exchange, Binance Exec Says

December 01, 2022
Binance is reportedly working on “proof of reserves” to reassure customers after FTX’s collapse.  Also, a company executive said that with the emergence of decentralized finance (DeFi), Binance’s centralized exchange may not exist in 10 years.  With rival cryptocurrency exchange FTX having gone bankrupt, Binance wants to implement a way to show its own customers […]