Is Binance the next domino 😵

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• Xmas Giveaway Time

• Key Lessons from 2022

• Latest Crypto Stories

Dear Frens, it's almost Xmas 🎆

It's been a year full of ups and downs. But one thing remains; Flooz and our awesome community, that includes you. To celebrate our great momentum into 2023, we're raffling away 5 Gen–F NFTs. 

Head over to our official giveaway page and submit your entry for free. The Flooz team will choose 5 winners on the 23rd of December. Each Gen–F token is valued at 0.09 ETH ≈ $107 USD. 

As you might know, our 2D collection on Opensea marketplace is slowly transforming into amazing 3D works of art. We have re-invested a large part of the collection revenue back into our holder value, making sure we're all equipped to enter the Metaverse. After having spent almost 3 months updating 10,000 artworks, 2023 will finally see the great reveal. Each holder will be able to forge their new avatars in the Flooz App ⚡️

A word to our community, we thank you for your loyalty and support. The Gen–F NFT collection on Opensea has over 4000 unique owners, with an insane 5.2K ETH in trading volume. This only goes to show what strength in numbers can do. Together, we have claimed the top-10 trending collection spot on Opensea, and hit the billboards on Time Square New York during NFT NYC. 

Can you write me an article about the risks surrounding centralised crypto exchanges?

It doesn't end there, keep on reading 👀 

Another risk of centralised exchanges is the possibility of insider trading. Because centralised exchanges have a central authority that controls and manages the transactions on the platform, there is the potential for employees or other insiders to use their access to sensitive information to engage in insider trading. This could result in unfair price manipulation and harm the integrity of the market.

In addition to these risks, centralised exchanges may also be subject to government regulations and restrictions. Because they are centralised, authorities may be able to exert more control over their operations and may require them to comply with various rules and regulations. This could limit the ability of centralised exchanges to offer certain services or operate in certain jurisdictions.

Finally, users of centralised exchanges may also face risks related to the reliability and stability of the platform. If the exchange experiences technical problems or goes offline, users may be unable to access their funds or make trades. This can be especially problematic if the outage lasts for an extended period of time.

Overall, while centralised crypto exchanges offer a convenient and easy way to buy and sell cryptocurrencies, they also come with a number of risks that users should be aware of. To mitigate these risks, it is important for users to carefully research the exchanges they are considering using, choose exchanges with strong security measures in place, and carefully manage their own security practices when using the platform.

Flooz believes in decentralisation, or simply put, financial freedom and power to the individual. We've said it, Not Your Keys, Not Your Coins – this remains to be our biggest takeaway of 2022. 

Is Binance the next domino 😵

There's more scrutiny incoming, and we're here for it. 

Get ready for next week 🤫

Thank you for reading All Things Flooz. Your newsletter to smarter about crypto in just 3 minutes, twice a week. 

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Don’t forget, NFA and always DYOR 🧐

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.