Centralized crypto exchanges reintroduce an element of trust that trustless protocols like Bitcoin and Ethereum remove from finance. Users take on the risks, even if rare, of hacks, frozen withdrawals and other business failures, Casa’s Nick Neuman said recently. And so, amid a period of uncertainty, Zhao’s primary responsibility is to reestablish confidence in his exchange.
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December 16, 2022 at 01:39AM
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Changpeng Zhao Won't Rescue Binance by Selling out Crypto Self-Custody - CoinDesk
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