The Krypton perspective on the news. The downfall of FTX provides an interesting window into some of the pitfalls of centralized finance (or CeFi). In the 72 hours leading up to Tuesday, November 8, 2022, FTX saw about $6 billion in withdrawals, and as of this writing FTX has suspended withdrawals and a proposed takeover […]

The Krypton perspective on the news. The downfall of FTX provides an interesting window into some of the pitfalls of centralized finance (or CeFi). In the 72 hours leading up to Tuesday, November 8, 2022, FTX saw about $6 billion in withdrawals, and as of this writing FTX has suspended withdrawals and a proposed takeover […]