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Crypto hotspots continue to thrive despite FTX collapse

Published 12/13/2022, 10:39 AM
Updated 12/13/2022, 02:00 PM

The sudden failure of FTX has left many people questioning the impact this will have on the cryptocurrency ecosystem. For instance, it remains questionable whether or not crypto hotspots will continue to flourish or if there will be a decline in innovation.

While it may be too soon to fully understand the impact of the FTX collapse, industry leaders within crypto-friendly geographies believe that the FTX failure will not hamper innovation.

The main stage at Decipher in Dubai. Source: Algorand
Attendees at the Israel Crypto Conference 2022. Source: Israel Crypto Conference
Main stage at the Texas Blockchain Summit 2022. Source: Texas Blockchain Summit

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