Archive: crypto crisis

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New Pick: A Storm-Proof Decentralized Exchange Crypto

By Vin Narayanan on December 22, 2022

There are many things we can learn from the FTX debacle. First, and most importantly, FTX’s core problems had little to do with crypto. Fraud, mismanagement, hubris and lack of board oversight — among other things — created an unnecessary crypto crisis where countless crypto investors lost their money. The other big lessons to learn are the dangers of centralization and fragility.  One of the driving forces behind crypto’s adoption is…