The Future of Centralised Exchanges
summary
Exchange claims operation since 2014 with never hacked status, segregated accounts, keys in cold multisig reserves and on‑chain proof of reserves; positions and margins are checked several times a minute and trading automatically stops on anomalies. An industry‑large insurance fund is live, proof of liability has been published since summer 2021, and there is zero exposure to FTX/Alameda/FTT. BMX token launches Friday to reward traders; spot trading is briefly fee‑free and an ETH interest‑rate swap plus other product upgrades are rolling out.
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chapters (5)
- 0:00Market impact and outlook
- 1:03Security and platform safety
- 2:53Business strategy and growth
- 4:12Transparency and audits
- 5:49Market exposure and innovation
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