Yugocean
Valued Contributor
Efforts are on to recover from the cryptoquake in the crypto industry. FTX had already caused losses, but suddenly the Genesis problem has created new issues in the Crypto industry.
.Due to this, initiatives are also being taken to save the industries related to crypto.
Big Platforms may help
Skybridge Capital CEO Anthony Scaramucci has asked Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) to step in to cover the crypto industry's losses from the collapse of FTX.
Government might step in
Republican Party's high profile Representative Tom Emmer has urged policymakers to come up with digital asset legislation for the crypto sector without fearing blockchain.
Support Independent Bitcoin
The President of El Salvador, Naib Bukele, seems not worried of cryptocurrency crash, this is because his country is a bitcoin-independent country, which has not been affected by the collapse of FTX, etc. Bukele has openly said that he will buy one bitcoin a day.
.Due to this, initiatives are also being taken to save the industries related to crypto.
Big Platforms may help
Skybridge Capital CEO Anthony Scaramucci has asked Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) to step in to cover the crypto industry's losses from the collapse of FTX.
Government might step in
Republican Party's high profile Representative Tom Emmer has urged policymakers to come up with digital asset legislation for the crypto sector without fearing blockchain.
Support Independent Bitcoin
The President of El Salvador, Naib Bukele, seems not worried of cryptocurrency crash, this is because his country is a bitcoin-independent country, which has not been affected by the collapse of FTX, etc. Bukele has openly said that he will buy one bitcoin a day.
