Regardless of cooler temperatures throughout the crypto ecosystem, CEX.IO loved a media scorching streak this July with optimistic publicity and topical thought management all through the month. Under is a collection of our high media tales highlighting CEX.IO’s present positioning inside the trade, together with insights into how we’re navigating unprecedented durations of economic and geopolitical uncertainty.
On July 6, CEX.IO’s Managing Director of the U.Ok., 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 via the ecosystem. From higher regulation to sounder schooling, Wykes outlined a couple of focused renovations that might enhance accessibility and professionalism inside the crypto house.
“The trade is deeply technical, if we wish to enhance shopper/consumer adoption and have a crypto trade that’s actually ‘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 folks about the advantages and never go away them feeling overwhelmed.”
On July 11, Founder and CEO of CEX.IO Oleksandr Lutskevych contributed to Coinspeaker’s protection of Russia’s ongoing hostilities in opposition to Ukraine and the way they’re impacting the crypto ecosystem. The place leaders from world wide are calling for higher regulation inside the DeFi house, the realities on the bottom in Ukraine recommend that each day life may threat collapse with out the free motion of funds that crypto offers. With the stakes persevering with to rise, discovering the correct stability 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 demise, the elevated use of cryptocurrencies turns into a viable cost 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 Developments for the Crypto Curious and Critical. This sturdy doc made waves for its monetary and technical evaluation of BTC’s present well being, coupled with insightful breakdowns of noteworthy occasions at present reverberating all through the crypto house. 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 house struggle, stETH decoupling and why 1 ETH ≠ 1 stETH, and miner capitulation and the influence of capital markets on the BTC community.”
On July 19, Kaiko up to date its cryptocurrency alternate rating for Q2 of 2022, which noticed CEX.IO rising on a number of fronts. Not solely did we climb to eighth place general amongst our opponents, however we have been additionally inducted into the “AA”-rated group for continued excellence in six classes: Governance, Enterprise, Liquidity, Safety, Know-how, and Information High quality.
We really feel honored to have our arduous work for the betterment of all market members acknowledged and revered.
On July 20, CEX.IO’s Managing Director of the U.Ok. 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 rules are enacted, utilizing road smarts is crucial to staying above water in more and more unsure markets.
“The character of being decentralized signifies that a financial institution, regulator, or regulation enforcement company has no management over the community or crypto belongings except your crypto was scammed by one other consumer on a centralized alternate. Getting stolen crypto again is almost inconceivable.”
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 realize higher effectivity and information integration throughout private and non-private areas. Touchdown on tokenization as his matter of selection, Lutskevych unpacked how bodily belongings may take pleasure in a second life and higher 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 permits bodily belongings to undertake the advantages of blockchain. This allows elevated liquidity, transparency, decentralization, environment friendly transactions, and the democratization of entry to these belongings.”
