Post
Topic
Board Exchanges
Re: Could Binance Collapse?
by
Blawpaw
on 18/12/2022, 13:38:19 UTC
With the collapse of FTX these things became more much imaginable
...
However, the current drama about CEXes in the media is 90% FUD.

I absolutely agree with you! Of course that a few CEXes outhere aren't reliable at all but not all of them are like that. There will always be companies going into collapse and this may not even be due to a question of being a direct scam but due to incompetence, a hacking blow or simple inaction to adapt to the ever changing crypto environment, especially when it comes to security. And when something like the FTX event happens, it will give loads of fuel for the media to FUD.