CryptoDaily Briefs

Daily Brief Crypto: How to Manage Risk in Crypto and more

In today’s briefing:

  • How to Manage Risk in Crypto

How to Manage Risk in Crypto

By Kaiko

  • 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? 

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