Many cryptocurrencies are losing semnificative values this week due to the event caused by FTX.

Many cryptocurrencies are losing semnificative values this week due to the event caused by FTX.

It seems that after the nefative incident caused by FTX, other exchanges today have huge drops on their own coins after being criticized by CZ on Twitter. Binance CEO exposes the fact that many of these cannot prove that they have cryptocurrency reserves that can ensure unexpected withdrawals for investors in the crypto market.

Yep, FTX makes a new victim, BlockFi announcing that it is suspending withdrawals due to this incident and organizing a new Black Friday campaign in the crypto market. Interesting, Proof of Reserve is adopted by several exchanges after the announcement of CZ and Binance.



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