Thank you for publishing an article in the Crypto Academy community today. We have accessed your article and we present the result of the assessment below

Comments/Recommendation:

• You have accepted the fact that Users may be surprised to learn that, in a bankruptcy scenario, they may not consider cryptocurrencies and funds deposited in their accounts as their own. You mentioned that the centralized exchange has control over Users' assets.

• You have tried to explain why the FTX platform went bankrupt. You have told us how you found it and also named some consequences that this situation generated. As for the consequences generated, you can go a little deeper, for example, the market reacted downwards.

• You have told us about the worst thing that can happen to cryptocurrencies after this FTX incident and you have also told us what will be its impact on Bitcoin. You have given data on Bitcoin price predictions.

• You mentioned that what happened with FTX is due to a person and not to the cryptocurrencies themselves. You can improve this information.

• You have explained that Binance's decision to buy FTX did not work out later. However, Binance announced a proof of reserve and also presented a proof of transparency, surely this will reassure investors. You have given your opinion on the future of FTT.

• In general, you have made a great effort to answer every question, however it is necessary to dig a little deeper. Keep up the good work.

Rating

Total| 8.0/10