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Cross-chain Dex Rubic Loses Over $1m In Funds After Hackers Gain Access To Private Keys

This is one of many key differences between centralized vs decentralized exchanges. As we mentioned, centralized exchanges create the majority of the trading volume in the cryptocurrency market since they are regulated and offer users with easy-to-use platforms for newcomers. To be more specific, there are also centralized exchanges that offer insurance on deposited assets. […]

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