In today’s briefing:
- How to Manage Risk in Crypto
How to Manage Risk in Crypto
- We’ve seen enough incidents over the last few months, let alone years, to conclude there is a complete lack of adequate risk management in crypto.
- Throughout the Terra collapse, crypto credit crisis, and spectacular implosion of FTX we have collectively witnessed the industry’s largest (and most opaque) firms become insolvent in an instant.
- This begs the question: where were the basic financial risk controls that are mandatory in any other industry?
💡 Before it’s here, it’s on Smartkarma
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