AllianceBlock (ALBT) news

AllianceBlock

The last few months have borne witness to major failures in the cryptocurrency space, among them FTX. As FTX crashed, centralized platforms like BlockFi, which had deep relationships with FTX and its sister company Alameda Research, also hit the ground face first. These recent spates of failures highlight several important issues in the cryptocurrency space - lack of regulation, commingling of funds, unvetted borrowing and lending, and the problems of custodial wallets and centralized platforms within the crypto space, to name a few. FTX’s downfall, in particular, has shaken Bitcoin (BTC-USD) and the overall crypto ecosystem, concerning many market participants about the long-term implications and the dent "centralized platforms" have put in the nascent ecosystem.FTX Token crash - Source: TradingView"The latest few meltdowns are clearly a case of human failure. These were centralized entities in which human beings had discretionary control of funds and suffered from some combination of failed investment strategy…

Why Decentralized Exchanges are Unscathed Despite Centralized Crypto Collapse

Telegram

📰 Commentary from our Co-Founder and CTO Matthijs De Vries was picked up by the media 💪

The article highlighted the strength of DEX’s despite the recent issues with centralized exchanges.

“A DEX inherently brings accountability and full transparency”

In the articles Matthijs highlighted one of the issues with centralization; 

“Centralized players have been operating in an unregulated environment. They have the freedom to do what they please with the assets they’re entrusted to hold. 

➡️ Nasdaq article here.
➡️ TipRanks article here.

Stay up to date with our developments by joining our official announcement Telegram group! 👇
https://t.me/AllianceBlockAnn

#NoMercy

Commentary from our Co-Founder and CTO Matthijs De Vries was picked up by the media.