The drop in volume is likely due to the falling prices of most crypto assets and the loss of faith in exchanges because of FTX.
Crypto yield app Finblox has raised their withdrawal limits after restricting it following the implosion of Three Arrows Capital.
(Tagalog) Tinalakay ni Luis ang mga pangyayari sa Three Arrows Capital, Celsius, at Finblox.
Bitcoin price went down from $20,400 to $19,094 within 15 minutes between 2:30 pm to 2:45 pm in the Philippines.
Finblox is the latest victim in the implosion of hedge fund Three Arrows Capital and the crypto crash.
Three Arrows Capital is looking to sell its assets after suffering huge losses. But what exactly happened that led to this collapse?