Amid a surge in withdrawals, Binance's chief executive is seemingly working to reestablish trust and keep assets on the centralized exchange. I "recommend no more news like these."
By making sure users have self-custodial options easily available within their own services, Web3 projects can help the industry rise to safer standards.
Huge losses of funds at FTX have shaken the trust of crypto investors, but private keys and crypto wallets can protect investors from fraud and mismanagement.