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December 27, 2022 06:16 pm

Crypto collapse: FTXs fall is one piece of a long, cold, contagious crypto winter




A coin is set aflame to reveal a digital wireframe underneath.
Illustration by Alex Castro / The Verge



FTX is just the latest company facing an uncertain future as cryptocurrency values drop, revealing flaws in risky financial strategies that fueled the recent crypto and NFT boom.



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Original Link: https://www.theverge.com/2022/11/10/23450169/crypto-winter-ftx-binance-celsius-bitcoin

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