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    FTX Crash: How Did It Unfold So Rapidly? | Bloomberg Cryptocurrency

    “Bloomberg Cryptocurrency” explores the individuals, transactions, and advancements influencing the realm of decentralized finance. This week delves into the sudden collapse of FTX and its creator Sam Bankman-Fried. Antonio Juliano, Chief Executive Officer of dYdX, a decentralized exchange, predicts that decentralized finance will outgrow centralized finance within a decade. Mick Mulvaney, Former Interim Chief of Staff under President Donald Trump, suggests that we may see some substantial legislative actions in response to the FTX crisis.

    **Timestamps**
    – 00:00 commencement
    – 01:00 bitcoin evaluation
    – 3:40 aftermath of FTX
    – 8:00 decentralized finance vs centralized
    – 15:00 crypto regulation
    – 22:00 virtual currency

    #bitcoin #ftx #binance #technology #finance #cryptocurrency #defi #bloomberg #markets

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    Credit: YouTube/Bloomberg Television

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