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109 - SBF and the Future of FTX

Bankless

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Rapid Growth and Competition in the Crypto Landscape

This chapter discusses the dramatic increase in cryptocurrency prices, focusing on the leap from $3 to $250 and the key factors behind this surge. It also examines the competitive dynamics among blockchain platforms, the role of centralized exchanges like FTX, and the potential threat posed by traditional banks entering the digital asset market.

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