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Changpeng 'CZ' Zhao issued the warning in remarks on Friday at a conference in Indonesia, speaking shortly before FTX CEO Sam Bankman-Fried resigned and filed for bankruptcy.
With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of a sector already battered by Bitcoin's price collapse and other recent scandals.
Launched in September 1997, the Octopus card quickly became a symbol of Hong Kong’s ability to foster innovative technology. Nearly 25 years later, digital-first enterprises focused on NFT and metaverse projects may be in a position to deliver the city’s next ‘Octopus moment’.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Activity related to the event caused ripple effects across entire Ethereum blockchain