With the crypto market suffering massive losses this week, there has been more concern about the future of the space. This is not just limited to the price of the digital assets in the market, but rather the collapse of multiple big players in crypto such as Terra in May and now the FTX crypto exchange. However, not everyone is frazzled by recent events and one of those is Cardano founder Charles Hoskinson.
Crypto Market Will Prevail
At times like this, it is easy to see why there are concerns about the ability of the crypto market to survive. The FTX decline will not be a standalone event as there are multiple companies who have disclosed or are yet to disclose exposure to the exchange. Prices of digital assets in the space have understandably declined in light of this but it does not spell the end of the industry.
Cardano founder Charles Hoskinson has taken to Twitter to echo this sentiment,…