BlockFi's bankruptcy proves that 'crypto banks' were structurally flawed from the outset. FTX's collapse has accelerated the inevitable outcome, and the crypto ecosystem will be stronger as a result.
The Revolution Will Not Be Centralized
The Revolution Will Not Be Centralized
The Revolution Will Not Be Centralized
BlockFi's bankruptcy proves that 'crypto banks' were structurally flawed from the outset. FTX's collapse has accelerated the inevitable outcome, and the crypto ecosystem will be stronger as a result.