‘Binance is 10-15x larger than FTX. The collapse will cause the death of most crypto exchanges.’

June 11, 2023 10:41 pm by CWR

Sharing is Caring!

Binance is 10-15x larger than FTX. The collapse will cause the death of most crypto exchanges.

There are no firewalls in the crypto industry. https://t.co/OfIXjvTxfe

— Financelot (@FinanceLancelot) June 11, 2023

See also Delinquency rates surge to 2008 levels, fueling fears of economic collapse.

See also China's economy faces its largest financial collapse, with bonds yielding under 2%, banks insolvent. Limited credit demand in China drives bond buying, not QE.