$19B in BTC, ETH, and Stablecoins Left Exchanges in 51 Days
Since the collapse of FTX, users of centralized exchanges withdrew more than nineteen billion dollars worth of bitcoin, ether, and stablecoins.
Since the collapse of FTX, users of centralized exchanges withdrew more than nineteen billion dollars worth of bitcoin, ether, and stablecoins.
Fidelity Investments highlights how Bitcoin is truly decentralized. Bitcoin showcases the power of decentralization. BTC proves it is more decentralized than other blockchain platforms. Fidelity Investments states that Bitcoin is “truly decentralized”. Many mistakenly believe that decentralization only applies to technology, but it is much more than that. Decentralization is a process by which the network of users becomes more resistant to attack or control by a single entity. To highlight, decentralization is a core principle of Bitcoin and is one of the main reasons why the digital currency has been so successful. In a recent tweet by Bitcoin Magazine,