markers = drapeau:jpmo7nvhyaw= palestine, booking://searchresults?dest_id=5943835, drapeau:jpmo7nvhyaw= فلسطين, https://www.google.com/search?client=ms-opera-mini, wallpaper:gprjbowod5k= palestine, قصيرة للجوال:zgpdcv9lw_y= ادعية دينية قصيرة, tg:resolve?domain=binancemenaenglish, wallpaper:gprjbowod5k= فلسطين, black cat:rxswebtbljc= jordan 4, anglais:i8hw4fmedvc= traduction, video:plrkkyiwnuw= youtube, http://m.search1.mobi/search/?search_term= %s, carte:n7lm7t7o3a4= palestine, carte:n7lm7t7o3a4= فلسطين, rap:qn24r0jz8qi= samara, lettre:gjc5ucxqszi= rapport de mission voyage affaire visa, https://urldre.cloud.huawei.com/97j6mtfn5s?a=c, drapeau:pqzmhz6qh38= palestine soutien, زورو:un1cxee2hmq= ون بيس, couple:qkb1rcopfim= tiktok, homme:utao3soau-i= photo de profil, pluie:e9xrx3dvjck= météo, luffy:rdlqgpmcktq= one piece, drapeau:tqigvrqhjlo= palestine, femme:wfepnul1sha= photo de profil, connexion:bk3zsbhxyla= gmail, logo:ywfusepfn-w= free fire, jacket:by-3yj6gium= the north face, logo:dcnruaozq7k= palestine, messenger:cejiipammc8= facebook, vidéo:mzzxfbt7jes= tiktok, ms-windows-store://pdp/?productid=9nksqgp7f2nh&mode=mini&cid=www_test, nike:rzianojehlm= travis scott, gif animé:yn4jwk2q2rw= kiss, wallpaper:sytkonkdlhu= ronaldo, علم:ka1ywb69ez0= فلسطين, coupe:ngixq5mybdu= messi, dessin:85tr5yyqptg= lion, instagram:imxiako6wrg= photo de profil, livescore:fycv3dtc2os= flashscore, dessin:3ahygeei0mq= chien, drapeau:_mmwqlfopei= tunis, dessin:hphq15muuyy= free palestine, homme:oq3tizzsxqo= new balance, install:hd0gbcw_ybu= play store, على شكل قلب:puu71nww34y= علم تونس, primaire:paylniamdjs= ecole, wallpaper:dmeycrpjduq= cristiano ronaldo, logo:38o-de4014g= ferrari, dessin:hnj36ipoq-8= drapeau palestine, market://details?gotohome=1, logo:kd2gtraqpti= tunisie, paysage:pi27rngr1nc= palestine, dessin:hztfxg3bw4g= la galette, meilleurs voeux:19vqvvc2f4s= bonne année 2024, français:hguamljt9ag= traduction, logo:knickjwgzlo= tiktok, facebook:1lu8sk1lnmq= photo de couverture, coupe:dfw2ukbdb0g= ronaldo, drapeau:rtvg8bdx4h8= london, razer:xn8smozwemi= souris, shoes:qbgc5k-bgqy= adidas, couleur:bgkz1gpzgmy= rose, cigarette electronique:xlxiuuhme8m= iqos prix, femme:ckzvbcydwsk= facebook, français:huuc-nnbszk= traduction, lisa:jivhyme6bpk= blackpink, jordan:chi6ojf3zoo= nike, fille:v9t7kkqc-wy= instagram, logo:pkp92-0kvi8= facebook, telechargement:gosdljjvkrm= play store, couleur:olp4fkn-w9y= noir, iphone:gv_r0g1se2c= fond d'écran, tel aviv:ntdop6ehbqc= israel, soutien:rul_qkhv1x0= فلسطين, gamer:rmuwxi7ame8= souris, couleur:tnx1zdmxrpw= blanc, dessin:yjvvpspimbu= maison, logo:frfxpp8pubu= adidas, al aqsa:hbclmp5eeqm= palestine, prix:pdk4ag9vasw= iphone 15 pro max, dessin:hphq15muuyy= palestine, soutien:rul_qkhv1x0= palestine, femme:ldjt3j1apua= new balance, drapeau:_mmwqlfopei= tunisie, logo:sprcsuplnxm= real madrid, homme:kq7kf_qadre= photo de profil, robe:aar4q19tpss= shein, gamer:rluogtoxto4= clavier, prix:bh-xqznhuyk= oppo, professionnel:s3jwogrmslm= merci pour votre attention, jerusalem:ptykkfxadaa= palestine, long:sy7odwt4seq= buzz cut, logo:0i4hlz4rlxk= puma, dessin:cxtaseunwdg= chat, luffy:tflo7t6fl50= one piece, dessin:46ykoecsy4a= voiture, dessin:x8jdxtmtzdq= gogo, carte:wzzmpzdso_a= tunisie, logo:2fdu-rpkq2c= météo, femme:dyxy7mltsle= tiktok, chaussure:ze7z_1mjju8= air, logo:j2265mb_01m= youtube, دعاء:rfwwjln_ox8= صباح الخير, application:qyqgty2f2j0= play store, القدس:augqcqdfgki= فلسطين, vetement:lnbnrspv2ua= shein, android apk télécharger:mxtibcxg5ru= snaptube, superstar:ah93wede2os= adidas, couleur:olp4fkn-w9y= photo noir, dessin:agll3bngkws= le petit chaperon rouge, paysage:ri3supwlizm= fond d'écran, prix:m4n0128z6rw= infinix, dessin:ugtc6cj65pk= ecole, drapeau:xtarjxd9dem= france, logo:gah1rfmaf48= club africain, genie:fcnr-xyjczm= aladin, real:tfcxtgj-4nc= madrid, logo:1qsxhovh94q= real madrid, film:qtjqpoaqkqk= netflix, madrid:uwubvjv_b-m= cr7, drapeau:b99qb01o9l4= palestine, ترجمة:4dlciacip74= google traduction, logo:0cla3sls4kk= club africain, dessin:kbmr1udumwa= mickey mouse, map:rplqmrzkbr0= maldives, logo:airceawqooa= citroen, application:donbuuunkb8= tiktok, environnement:vhqcvxhp1pg= pollution, positif:em19u_ssdjg= test de grossesse, jerusalem:odb-xil6yqe= drapeau palestine, couleur:jfm0bpyt7dy= maron, tourism:02ew84oyisi= tunisia, أعلام الدول:riu8c_atkxw= علم فلسطين, gaming:y-d1xlbb_ne= youtube, evoque:up60ekwntdu= range rover, drapeau:_k9cnbq2zme= qatar, jennie:dl39w-uffvg= blackpink, drapeau:zzoyulbapoo= tunisie, skin:z_onftd6yba= free fire, djerba:2et8nv9qnky= tunisie, lite:ujf-uvhlnmo= facebook, drapeau:sijcf8gwpeg= egypte, ballon:7jkuctdlphu= cristiano ronaldo, parfum:x8t1kjkexe4= victoria secret, skin:lvxvlvldjpq= free fire, logo:gbbpcrfrdsa= samsung, music:5tpojuk0ujw= youtube, beige:eq5zbkyib9k= new balance 530, prix:k8wcsjtqkam= iphone 15 pro max, persan:8ayhzhwbde4= chat, wallpaper:gjfsx-xsdc8= one piece, art:5ykxs91ozyk= palestine, couleur:jfm0bpyt7dy= marron, sport:xk8zmrhxdfo= bmw, ddr3:oxfozwrvkbs= ram, logo:01_rtzgzjnk= toyota, georgina:vajvaibzrjq= ronaldo, barcelone:1zxlqqgzioq= messi, low:jmiw_6ztpc0= taper fade, logo:52dippicgtk= facebook, drapeau:tqigvrqhjlo= فلسطين, disney:t61ft5ddru0= coloriage, taille:oyuc4xwdwhw= xxl, الخريف للأطفال:pa1my3r1uxg= فصل الخريف, robe:gfm7j1zq0n8= shein, sport:jzxy1qzcmwm= box, dessin:flw8u33qdj8= القدس, القدس:zsf0us4fpfe= علم فلسطين, chaussure:bzwd2bkbqey= louis vuitton, pommade:5eyxykbpihk= differine, homme:bplz6lpckvw= tatouage, logo:0wzl1p3i7a4= peugeot, design:xussg37jzly= logo, wallpaper:qvi670a89d4= club africain, touristique:ts9pkq64ho4= خريطة تونس, https://www.gamegimzo.com /search.html?category=puzzle, ecran:y_m9gvdxmyi= ordinateur, all star:jj1abefxozm= converse, anglais français arabe:b1mlzhdw0hi= google traduction, golden retriever:j_wpykxcjxm= labrador, logo:sggqy-vbkbs= barbie, logo:t6wgm_oesma= instagram, tg:resolve?domain=binanceexchange, https://support.google.com/accessibility/android/answer/6122836?hl=ar, coloriage:5glk0gw1yhw= dessin animé, message:y5kemg3q-ho= happy birthday, jungkook:navkarumyuy= bts, dessin:gpsdfsphm-e= kaka, application:_gq2f6dekyy= facebook, coloriage:65gonif_5eo= barbie, prix tunisie:anaxmo3icc8= redmi 12, dessin:nya8pu1rrw4= lapin, pro max:rzffq13yw8i= iphone 15, femme:rapcxkrpyli= new balance, القدس:augqcqdfgki= palestine, stylé:og14ofaynsg= fond d'écran, boy:btsqku8_118= anime, professionnel:tlgwpi5dzho= merci pour votre attention, prix:fsbygdokjho= iphone 12,
Home » Blog » Cryptocurrency » The Collapse of FTX

The Collapse of FTX

by The Digital Trendz
The Collapse of FTX

The crypto industry is in a bad place: Bitcoin and Ethereum have reported record lows after suffering a series of blows. However, as usual, somebody else often makes money whenever somebody is losing money. Check out the Moni Talks website for all the latest news and analysis as the crisis unfolds.

What is FTX?

FTX is a platform for cryptocurrency exchange, similar to better-known exchanges like Binance, Kraken, or Coinbase Exchange. In 2021, the company was valued at $18 billion and had more than $1 billion in revenue. In November 2022, allegations of dodgy dealings surfaced, and the company was sent into a downward spiral from which it never recovered.

Following these allegations, whether they were true or not, investors lost confidence in the company, and all started trying to pull their money out of FTX at the same time. As a result, the value of FTT – FTX’s cryptocurrency – plummeted dramatically. Around $6 billion was withdrawn by panicking investors in about 72 hours, and FTX was effectively bankrupted.

The founder of FTX, Samuel Bankman-Fried, may have managed to transfer some of the remaining customer funds to one of his own companies illegally just before the collapse – but not surprisingly, he denies this.

The Future of the Crypto Industry

This incident is likely to have severe effects throughout the global crypto industry. Many people already don’t have a lot of faith in cryptocurrencies, and the failure of FTX will make the cryptocurrency market appear even less attractive to investors. As a result, the EU is talking about introducing new regulatory rules on crypto that could help guard against this kind of disaster.

Even the banks have been hit hard. For example, Silvergate Bank – a California bank specializing in services and solutions relating to digital assets – declared bankruptcy on November 11th last year. The organization referred to the state of the crypto industry in general and the FTX collapse specifically as part of the reason it was forced to do so.

Final Thoughts

People who are already suspicious of cryptocurrencies may feel more or less justified: the cryptocurrency markets are very volatile and can collapse completely. But just remember that the same thing can happen to any currency. What about the hyperinflation in Germany during the First World War? Those Germans were using Deutschmarks for toilet paper!

It’s time to think whether it’s time to return to keeping our money safe in our piggy banks.

You may also like

thedigitaltrendz logo

Thedigitaltrendz is Established in 2020, Headquartered in the USA. Thedigitaltrendz.com is a technology and media company that intends to provide information about technology worldwide.

Popular Post

Copyright © 2024 All Rights Reserved by The Digital Trendz