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Crypto exchanges, security, and Solana’s rise in 2025: Backpack CEO

The podcast featured Backpack CEO Armani Ferrante discussing the evolving role of centralized exchanges in the crypto market and their security.

He emphasized the importance of proof-of-reserves for exchanges, especially after the FTX collapse, to enhance trust and security in the crypto ecosystem.

Ferrante delved into Solana’s expanding ecosystem, highlighting that memecoins have contributed to its growth and predicting broader applications in the near future.

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