5 Reasons CEXs Are Secretly Terrified of DeFi (And How They're Reacting)
You've probably heard the narrative: CEXs are embracing DeFi, expanding access, innovating for the future. Sounds nice, doesn't it?CEXs are scared. Scared of competition, scared of a decentralized internet, scared of an ordered world where their intermediaries are no longer a requirement. They're reacting, yes, but their moves into "CeDeFi"...