@rezoanulvibesOnNoiseApp 12 December 2022

2# According to Matthew McDermott, Goldman’s head of digital assets, if the regulated trustworthy players get involved in crypto, it can improve the current situation in the crypto industry. After the shocking collapse of FTX, it spreads FUD in the crypto industry. People who made an investment in crypto for the first time cannot take this blow easily and may not be back in crypto any time soon. If you talk about big players with institutional money, they feel comfortable investing in crypto having regulatory protection. Due to the recent collapse of FTX, many businesses in crypto affects directly and indirectly. At the beginning of the collapse, they try to act as if nothing happens and everything is fine. But later, it appears they are in big trouble and have exposure to FTX in one way or another.