Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

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

CoinGape

2022-11-16 04:23:03

bitFlyer CEO Calls FTX Collapse A “Lehman Shock”, Expects Further Damage

bitFlyer CEO Calls FTX Collapse A “Lehman Shock”, Expects Further Damage

The shock waves of the FTX collapse have spread across the entire crypto industry. As the second-largest crypto exchange collapsed, more than $200 billion were eroded from the crypto space in a week’s time. Yuzo Kano, the chief executive officer and co-founder of major Japanese crypto exchange bitFlyer Inc. called it the “Lehman shock” to The post bitFlyer CEO Calls FTX Collapse A “Lehman Shock”, Expects Further Damage appeared first on CoinGape .

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