Then came the DeFi craze — 8% every 8 hours.

20 Nov 2025 · 1 min

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0:47

Kosta Ouzas explains that their trading algorithm supplies a signal which a user can optionally connect to centralized exchanges to execute trades. He discusses risks and histories of centralized exchanges: FTX’s collapse, Bybit’s hack (referred to as occurring “at the start of the year”) and its Dubai setup, and mentions Binance (China) and Coinbase (United States). He states their system can connect to these exchanges to trade Bitcoin.

Questions this video answers

Bybit, Binance, Coinbase, and FTX.

Bitcoin.

Dubai.

He says Bybit "got hacked" (he adds "I think it was North Korea") and that the hack occurred "at the start of the year."

Chapters

The algorithm supplies a signal, and then it's really up to the person, if they want to then connect it to their exchange. Now, again, we come back to the Bitcoin. So there are some people that think centralized exchanges are dangerous because they have collapsed in the past. You know, FTX was a disaster. Bybit, for example, is a great one. They got hacked by, I think it was North Korea at the start of the year. They're set up in Dubai as well. They've done really well from that. You know, no one lost money. They're running beautifully now. You know, we've got Binance in China, we've got Coinbase in the United States. So our system basically can connect with anyone who wants to use those centralized exchanges. We're able to then plug our algorithm into that centralized exchange, and then we're able to. To trade Bitcoin.