HomeUncategorizedTrust is key to crypto exchange sustainability — CoinDCX CEO By Cointelegraph

Trust is key to crypto exchange sustainability — CoinDCX CEO By Cointelegraph

January 13, 2023

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Investor sentiment has always been a critical driver in the crypto space. Both positive and negative sentiment influence ongoing trends — be they price movements, product launches or regulations. In 2022, sentiment worldwide suffered as major crypto firms and ecosystems collapsed, further straining investors amid an unforgiving bear market.

While many showed resilience as Terraform Labs, Celsius and Voyager, among others, closed down, Sam Bankman-Fried’s alleged misappropriation of FTX customers’ funds drove even the most die-hard crypto investors to question the integrity of those running the show.

Gupta presenting the Critics Best Actress Award to Kiara Advani at the 2022 Dadasaheb Phalke International Film Festival. Source: Twitter
The Arena in Miami, formerly known as “FTX Arena.” Miami-Dade County canceled FTX’s naming rights after the exchange’s meltdown.