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When customers signed up with FTX, they were assigned a “wallet,” owned by them but managed by FTX. Much easier than downloading and running software on your computer! The wallet was your account and securely held all your crypto assets, including Bitcoin. Supposedly. It seemed to be true: you could … See more FTX described itself as an “Exchange,” specifically a “cryptocurrency exchange.” However, it was sadly lacking as an “exchange” as the term is used outside the world of cryptocurrency. Real exchanges like NYSE and … See more At the core of cryptocurrency is a unique data and transaction structure that has fueled its rapid rise in utilization and value. I’ll describe how BitcoinBTC -1.2%works, since it’s the first and … See more The FTX “wallet” was a mirage, a sales tool to make customers feel comfortable that they actually owned what FTX told them they owned. Even though there is a public record of all Bitcoin ownership and transactions on the … See more WebApr 15, 2024 · Web3 like every technology or aspect of life has nefarious elements seeking to exploit the system for their own benefits. And these exploits often come at a grave cost to people's hard-earned fortune. destination health let\u0027s truck

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