June 19 (Cointime) - Industry leaders from KuCoin, BitMEX, Messari, and Ceffu (formerly Binance Custody) discussed the role of centralization in the rapidly evolving Web3 landscape at the Proof Of Talk conference in Paris. The panel emphasized the importance of both centralized and decentralized elements coexisting and playing a beneficial role in the Web3 paradigm.

They acknowledged the challenges and opportunities presented by the tension between centralization and decentralization and emphasized the need for collaboration and interoperability between centralized and decentralized players to foster innovation and drive growth in the industry. KuCoin's commitment to user asset safety, transparency, and a user-centric platform was highlighted during the discussion.