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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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