The FTX disaster has set back crypto by 'years' — here are 3 ways it could reshape the industry

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The collapse of FTX, once a $32 billion exchange, has shattered investor confidence in crypto. CNBC looks at how it may reshape the industry in the long run.

Fears have risen over the financial health of other major crypto exchanges after FTX's failure. Since early 2020, about 900,000 bitcoins have flowed out of exchanges, according to data from CryptoQuant.

Currently, there is no reason to suspect Binance faces any risk of bankruptcy. But exchanges like Binance andExperts believe they'll continue to play a role — though their survival will be determined by how seriously they take risk management, governance and regulation.Loading chart..., being the longest-living digital currency, may be better positioned than its smaller rivals.

 

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1. stop giving it legitimacy by talking about it there is no second part

Boycott Tesla

Thk u Julie Biel for the 'housewives of crypto' take on the space and the point to look to niche and needed tech. Also, thk u for your Duck Creek Tech pick: I've made money your pick!!!

FTX Fool's Trading Exchange

Will it bring sensible regulations and integrity?

I knew FTX was a set up to try to get the government involved

It’s a people issue, not a technology one

CarolHRussell And maybe that was by design

Crypto was used by the market makers and the government to steal from citizens.

most important way: reveal the much bigger fraud of Binance

RYAN_BROWNE_ taking his marching orders like a good little soldier and typing up yet another FUD piece. Any true investor in crypto hasn't had their confidence shaken. SBF was nothing more than a nerd snipe, put in a position he had no business being in by the old guard who

CNBC, you need to separate from Kevin O’Leary. His actions and comments, defending SBF, are ruining his/your credibility.

You guys still spreading lies.

Bitcoin will be fine. Not sure about crypto.

Kevin o'leary got the unluck of the Irish tough deal - here's a little tune - don't let nobody fck ya out of any money

I hope this energy wasting toxic hustle would disappear entirely. cryptocurrency

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