In part 1 we discussed the basic duties of directors and how it relates to the state of the crypto market. In this article we will be delving deeper into lessons learned through bear and bull markets, that independent directors can consider, to counter the risk associated with a downturn in the digital asset market. 1. Proof of
The digital asset industry took some hard hits with the depegging of Tera Luna, liquidation of Celsius and Three Arrows, now the latest unprecedented liquidation on the block is the FTX collapse. CeFi exchanges – crypto exchanges that are by a central party, have gotten a bad reputation lately and for a good reason. There are a couple of
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