Ethereum Amid FTX Crisis: ETH Plunges 22%

Ethereum and the rest of the crypto markets are now experiencing yet another crippling calamity. They call it the ‘black swan’ event, which caused the disintegration of one of the largest crypto exchanges in the world, FTX.

With claims of mismanaged customer funds and alleged government scrutiny, Binance, the largest cryptocurrency exchange in the world, abruptly backtracked on Wednesday and announced it would not be buying rival FTX.com.

The term “black…


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