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TX Empire Goes Bankrupt in Sudden Fall
Bloomberg Businessweek
Decentralized Exchanges
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I wouldn't even want to speculate to guess where other exchanges, but I'll just give you an example. And by the way, I don't think either one of these exchanges are in trouble,. But the biggest counterparties of each one of those is each other. Most of the problems with FTX have been as a result of off-chain processing. It's not what blockchain and DeFi was intended to be.
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