Crypto ecosystem becomes more developed thus less decentralized: Morgan Stanley

Oct. 12, 2022 11:33 AM ETEthereum USD (ETH-USD), BTC-USDBKBy: Max Gottlich, SA News Editor1 Comment

Abstract blockchain technology concept. Internet security. Isometric digital cube connection background.

TU IS

Morgan Stanley analyst Sheena Shah argued Wednesday that the cryptocurrency ecosystem is becoming more centralized, though the underlying blockchains remain decentralized.

That's partly because the "reliance of the running of a large portion of the blockchain on a

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