Here's the latest on #CEXvsDEX today:

A violent market crash triggered mass liquidations across exchanges, causing panic among traders. Binance had previously reduced leverage, but the damage was already done.

John Patrick Mullin from MANTRA Chain criticized centralized exchanges (CEXs) for forced closures but reassured users that there was no insider dumping or team sell-offs.

Despite the chaos, Binance was praised for its transparency and quick communication during the crisis.

The big question now: Is $OM poised for a major rebound?

You can check out more details here . Let me know if you want a deeper dive into any aspect!