Indian DeFi-Enthusiasts Call FTX Collapse ‘Good on Macro Level’, Here’s Why

Indian DeFi-Enthusiasts Call FTX Collapse ‘Good on Macro Level’, Here’s Why

FTX, the US-based crypto platform that succumbed to liquidity crunch and shook-up the crypto market in November, led to the wipe-off of nearly $200 billion (roughly Rs. 16,53,499 crore) from the market. The drastic reaction from investors who pulled back capital from digital assets left several crypto firms gasping for breath….