Recent fall of FTX shook the crypto ecosystem Also It has come as a lesson for crypto world, though an expensive one.
The lesson we all have to learn: "don't trust the exchanges, just leave a little money on the exchange and money that can be traded in case someone does a day trade" and always withdraw the profits. for those who do not day trade, there is no reason to leave coins on exchanges. also be very careful with new exchanges, from what I saw even when we can see the exchange owner's face we can still be robbed, it was supposed that when someone exchange owner shows his face he doesn't steal for fear of being arrested, but not even when they show a face not afraid of being stolen.
There are many crypto assets that are currently in the market and are backed by nothing. This has shown that when it becomes too risky to invest in shit coins and why we should avoid it.
most people know that more than 70% of altcoins will disappear with time, because there is no way for them to compete in this market, with so much copy/paste that exists in this market, many altcoins no longer have any sense of existing anymore, the owners probably already they are leaving little by little, they are already rich, they have already secured their future and they have no idea how to improve the altcoin so the solution is to abandon the altcoin
Believe it or not the future is of crypto regulations.
this is something we are all seeing, exchanges ask for KYC and even casinos ask for KYC and there are still not many countries that have made laws for bitcoin and we are already having a bad time with the damn KYC, so the future and even the regulation, there is no how to get away from it