press release, a leading Crypto service comparison website, announces the launch of its annual Crypto exchange graveyard for 2022. This list is the only comprehensive database of “dead” cryptocurrency exchanges currently available.
In 2022, 51 exchanges were reported dead, with the vast majority seemingly dying out due to business reasons and there were small percentages of scams, rebranding and regulatory deaths.Out of all the exchange casualties of 2022, FTX received the most attention, namely due to its sheer size and perceived strength . Unlike most crypto exchange deaths, this incident shook the crypto community to its core, whereas the majority of crypto exchange deaths occur in smaller, lesser known exchanges.
Although the market has declined, household names have held onto their market shares, making it difficult for smaller exchanges to establish themselves. The FTX debacle drew even more attention to trust issues in the crypto market, making people less likely to choose a lesser known exchange. Not only that, large exchanges such as Bitget have begun to advertise their “protection funds” to reassure traders that their funds are safe with them.
2023 will be much better. Don't worry! it'll be a better year
$btc I think will come back even deeper when the dollar goes up in the midst of a hefty 16000k drop
So many dead and Bitfinex is still flawless.
All the crypto xchanges are dead now by a year or more.Look at the volatility it's just done yet!
Looks like I’m staying with Bitfinex.
Oh gosh. That’s a lot. I’m happy with my holdings on bfx.
Bitcoin volatility index , moving very huge . DM on how you can make money with Bitcoin investment today and get paid on weekly basis. bitcoin likes love wealth money forex cash shiba eth binance btc
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I am holding BTC ETH DOGE SHIB liquidity mining, this is my current portfolio, do you have a good suggestion?
This is for you binance
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