Tag: Crypto Liquidity Crisis

A crypto liquidity crisis is causing havoc throughout the industry in the wake of the FTX collapse. Financial ties between companies are causing multiple crypto exchanges to pause withdrawals as companies scramble to cover customer deposits. The crypto liquidity crisis is exacerbated by the downturn in investor confidence and the subsequent devaluation of crypto assets. Furthermore, many investors have lost significant amounts of money by holding their assets on centralized exchanges, prompting many to consider using a non-custodial wallet.