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Regardless of cooler temperatures throughout the crypto ecosystem, CEX.IO loved a media sizzling streak this July with constructive publicity and topical thought management all through the month. Beneath is a collection of our high media tales highlighting CEX.IO’s present positioning throughout the trade, together with insights into how we’re navigating unprecedented intervals of monetary and geopolitical uncertainty.
On July 6, CEX.IO’s Managing Director of the U.Okay., Jonathan Wykes, sat down with Authority Journal to debate methods the crypto trade may benefit from enhancements, and elaborated on his personal private {and professional} journey by way of the ecosystem. From higher regulation to sounder schooling, Wykes outlined a number of focused renovations that would enhance accessibility and professionalism throughout the crypto area.
“The trade is deeply technical, if we wish to improve shopper/consumer adoption and have a crypto trade that’s really ‘for all,’ we have to make it extra accessible. Not solely by way of user-friendly expertise, however by way of the language used, and as such we have to educate individuals about the advantages and never depart them feeling overwhelmed.”
On July 11, Founder and CEO of CEX.IO Oleksandr Lutskevych contributed to Coinspeaker’s protection of Russia’s ongoing hostilities towards Ukraine and the way they’re impacting the crypto ecosystem. The place leaders from all over the world are calling for better regulation throughout the DeFi area, the realities on the bottom in Ukraine recommend that each day life might danger collapse with out the free motion of funds that crypto supplies. With the stakes persevering with to rise, discovering the correct steadiness between regulation and liberation continues to be a matter of utmost urgency.
“In present-day Ukraine, the place the uninterrupted motion of funds is a matter of life and dying, the elevated use of cryptocurrencies turns into a viable fee methodology within the occasion that others get disrupted or overloaded.”
On July 19, Yahoo.com highlighted the discharge of CEX.IO’s Q2 report COMPASS: Topline Traits for the Crypto Curious and Severe. This strong doc made waves for its monetary and technical evaluation of BTC’s present well being, coupled with insightful breakdowns of noteworthy occasions presently reverberating all through the crypto area. From the Ethereum Merge to the collapse of Terra and UST, come hungry for a complete look again on the occasions shaping the present crypto panorama.
“Q2 2022’s version contains evaluation on Ethereum’s block area struggle, stETH decoupling and why 1 ETH ≠ 1 stETH, and miner capitulation and the affect of capital markets on the BTC community.”
On July 19, Kaiko up to date its cryptocurrency trade rating for Q2 of 2022, which noticed CEX.IO rising on a number of fronts. Not solely did we climb to eighth place total amongst our rivals, however we have been additionally inducted into the “AA”-rated group for continued excellence in six classes: Governance, Enterprise, Liquidity, Safety, Expertise, and Information High quality.
We really feel honored to have our arduous work for the betterment of all market individuals acknowledged and revered.
On July 20, CEX.IO’s Managing Director of the U.Okay. Jonathan Wykes was again within the headlines, this time talking with US Information & World Report about crypto scams to be careful for in 2022. From avoiding phishing and funding scams to steering away from unsustainable tasks and meme cash, Wykes warned that, till correct laws are enacted, utilizing road smarts is crucial to staying above water in more and more unsure markets.
“The character of being decentralized implies that a financial institution, regulator, or legislation enforcement company has no management over the community or crypto belongings except your crypto was scammed by one other consumer on a centralized trade. Getting stolen crypto again is sort of unimaginable.”
On July 26, CEX.IO’s Founder and CEO Oleksandr Lutskevych contributed to a Cointelegraph Innovation Circle dialogue about how blockchain expertise might be utilized to attain better effectivity and knowledge integration throughout private and non-private areas. Touchdown on tokenization as his subject of selection, Lutskevych unpacked how bodily belongings might get pleasure from a second life and better freedom of motion throughout a decentralized community.
“Tokenization offers bodily belongings a digital identification whereas concurrently difficult the legacy definitions of property, possession, and authority. It allows bodily belongings to undertake the advantages of blockchain. This permits elevated liquidity, transparency, decentralization, environment friendly transactions, and the democratization of entry to these belongings.”
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