Is no doubt that the centralized exchanges bring cryptocurrency closer to the people and has played a huge role in crypto adoption but if industry giant like FTX can collapse, what assurance can one have in others? Though the proof of reserve and customer protection fund by few CEX is a welcome development but how many also have it? Rebranding and having over 20M users is a great milestones and perhaps reflect users confidence but I hope they don't end up disappointing the users in the long run after gaining their trust.