Is the Decentralized System Becoming More Centralized?

Bitcoin dropped and people panicked. Now, several crypto exchanges, specifically those in South Korea, are in danger of being shut down and people are panicking again. Either way you cut it, people are concerned they’re about to lose all the money they’ve invested in cryptocurrencies – and that’s a lot of money.

But, there might just be a solution, a solution that brings the decentralized system into a more centralized light. In Japan, Mitsubishi UFJ Trust and Banking (NYSE:MTU) is going to begin offering a service that will protect cryptocurrency holders in the event of an …