That’s a big deal for current exchanges, really. Hackers understand how much they can get from the centralized storages, so they invent new and new attack strategies. Phishing, DDoS, server breakings, etc. I’m afraid of skilled hackers powers, they can get access to giant storages of some exchanges. Decentralized exchanges, on the other hand, are safe but they are still too complicated for regular users. I think that hybrid platforms with simple interface but decentralized algorithms can save us.
RE: Centralisation undermines the most fundamental principle of Blockchain technology