Centralized Exchange Trust in Crisis: Investors Lose Confidence

A comprehensive survey of cryptocurrency investors has highlighted a growing concern over the trustworthiness of centralized exchanges.

According to the study, nearly half of respondents reported a decline in confidence in CEXs since 2022, with security breaches and platform collapses being major contributors to this trend.

The data suggests that investors are increasingly scrutinizing the security protocols and regulatory compliance of exchange platforms, driving a shift towards decentralized alternatives such as DeFi protocols.