@rezoanulvibesOnNoiseApp 24 November 2022

3# FTX asked for help from Binance as a last resort, Binance wanted to look into it first. After looking into FTX's terrible financial situation, Binance denied getting involved in FTX. Now, what is going to happen with Genesis? Looks like FTX would not go down alone, it will take other crypto platforms down with it. Again, that is the CEX to blame. The crypto market might crash further and we have already seen its effect. Crypto will move forward at its own speed. Centralized platforms might offer different things, but they will find a hard time surviving in the crypto space over time. People will focus more on decentralization.