Bitcoin (BTC) $76,676.64 -0.54%
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Solana (SOL) 84.935901 -0.10%
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Cardano (ADA) $0.25 0.26%
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Cryptocurrencies: 28960

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24h Vol: $95,209,059,350

Bitcoin.com

2022-11-16 03:30:16

Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure

Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure

A Citi analyst has warned of a serious risk of broader contagion to the crypto ecosystem stemming from the collapse of crypto exchange FTX, noting that the contagion “can last for a significant amount of time.” He added that the crypto industry seems to have “no significant lender of last resort.” Citi’s Analyst Warns of

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