I didn’t think that I had to do another post like this just barely 6 months after Luna's collapse. But hey it’s the Crypto World. Shit happens… all the time…
So the World's third largest Crypto exchange FTX had collapsed. You can find out more about what happened from this post by Financial horse.
I am fortunate enough not to have any funds in FTX exchange and is hence not immediately impacted by the collapse. However, the crash of the crypto market after this news has already affected my crypto portfolio.
Also with the sheer size and reach of FTX and Alameda Research, I'm sure the ripple effect from their collapsed will get me in one way or another.
As what I have pointed out in my 2018 Crypto Update post, even if Crypto is not making me any money, it should at least make me a better investor.
...
