2# It is clear how risky those lending platforms are. If people consider how much risk they are taking putting their crypto in Celsius, BlockFi, and Voyager, they might not lose their crypto. When you hand over your crypto to others, there is a risk of losing that. You do trading in crypto exchanges. So you usually have crypto in exchanges. The centralized crypto exchanges offer to earn from your crypto. They have different earning programs. Is it safe to keep crypto in the earn program that the crypto exchange offers? Gemini is a highly regulated and trusted crypto exchange. Their earn program is in trouble. The earn program partner Genesis faces problems due to the effort of FTX collapse. In crypto, everything is related directly or indirectly. When a single entity collapses and goes out of business, it takes down others.
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This could mean an interesting Monday ahead