Shouldn't these entities be separate from the main platform, so that if the platform goes bankrupt, it works until there is a new buyer? It is strange that we witness a complete collapse of all the platform's investments once the bankruptcy application is filled out.

What prompts the application to stop knowing that the salaries will not be paid until the end of the month and the hosting fees and others are paid.

If it is exposed to FTX, then this may be the reason, otherwise it may be a "exit scam" taking advantage of the panic in the market.
Hopefully it will not be a new strategy of platforms to steal customer money.
But in the current situation, it is better to consider all platforms as unsafe and withdraw your coins.

The result is not to leave your coins on CEXs or not, but in the coins/tokens, which may be like platform tokens (like BNB, FTT), which will collapse if the platform collapses or decreases its value severely.

 - The same is related to stablecoin that will be frozen in your wallet.
  - It also applies to the central blockchain, which may be stopped, halted, or a hardfork.

So its bigger than non custodial wallets to the type of coins.

Often that token will die calmly or will have a value in trading that values will be determined by trading levels on unknown or unknown platforms.
Those platforms will try to attract customers in order to buy or try to sell, and then they will not be able to withdraw their money or at least they will ask them for their personal data, or deposit money.

If you have any currencies and it is listed on a good platform, sell it now or keep it if you think the platform will get a "kiss of life" in a way or another.

I do not know, but the user does not have good options. We are fully knowledgeable of the principle of "not your keys, not your coins," but the decentralized platforms are still far from fulfilling all the calls of traders, and such platforms are what gives bitcoin its price or at least the average.
The role is now for investors and developers to fill the gaps between CEXs and DEXs.


The intervention of governments will not make a difference, many companies that have shares on the stock exchange, yet manipulation and money is the prevailing name.

Perhaps the solution to developing a more advanced mechanism than Proof Of Assets, although I do not think it will fully solve the problem.

If we are talking about the bottom, the bottom may be in. And what is happening now is due to the pressures of the sale because of what happened with FTX, and therefore we can say that once you end this chaos, the price will return to the previous levels of stability at 17k to 19k.

So if you think we will go to the levels of 14k or less  and given the current circumstances, you will wait a lot.

It is ridiculous, how for a site/app that millions visited several days ago to the site/app that publishes viruses and asks for admin access to steal the private key. Why did they not shutdown the site as long as things have become bad like this?
In general, we must deal with these services with caution, and since things are blurry, it is better to believe all rumors in order to show the opposite.

Are these companies really influential or independent financial entities? Personally, I did not hear most of them and did not hear a real development presented by that platform, and therefore the most precious of these companies is directly or indirectly affiliated with FTX, and it is not affected by FTX bankruptcy.

We have to expect that the only one has happened or close to the occurrence, and we hope that the situation is not that bad, otherwise the damage will be greater.

Try OKX.com, I think they are doing the same advantages as kucoin, so what is the coin that you want to buy and not found in any other platform.
According to my experience with Kucoin, their trading volumes are not high enough to implement orders quickly, and therefore do not expect high liquidity coins with only listed on that platform.
Also, the support team activity is bad and therefore it is a last option or an alternative if you do not find any other option.

Without platforms and places for exchange, buying and selling, cryptocurrencies will have no value. The problem is not with the platforms. Rather, if the platform is centralized, it must be subject to several indicators to guarantee the customers’ money. Otherwise, it will turn into societies that collect money for the owners and make them live a life of luxury without effort.

you can buy 1000 of X coin which have a million value but its a big zero if you don't know how to withdrawal.

It is a new trick to attract investors’ money, as without the presence of a supervisory authority that verifies well and accurately all financial statements and the presence of companies that make money from the detection of this corruption, transparency and control, no central platform can prove that it has enough cash to face crises. It will be hostage to the decisions of the big whales who, knowing the company's net assets, can influence the price or cause it to go bankrupt.

It is strange that a platform that is described as "strong" and will have a share in the market, turns into a "paper platform" where it collapsed like a biscuit.
I have not used the platform yet, but if it collapses so easily, it means that many activities associated with it will collapse and many platforms will collapse with any audit or liquidity crisis.

The lesson is not that we have held back, but in how much time can you keep the bitcoin without liquidation, a month, two months or then we will lose the price, but if you do not need bitcoin during the ten years, for example, then such fluctuations and events will be an opportunity to buy more.
Also, people are more afraid of bankruptcy than hacking. In hacking, the platform may bear losses, but in bankruptcy it will not do that, or at least it is now in the hands of the authorities.

It seems that BINANCE, with days, will turn into a  big 5 company such as Facebook and Google, and try to swallow all the competitors, either through shorting, liquidity problems, or other ways to ensure that the platform is No. 1.

The person responsible first and foremost for the current problem is the mismanagement of Sam Bankman-Fried of platform, but BINANCE took advantage of the situation to eliminate the platform and therefore may do more with more platforms or at least intimidate them indirectly.

The debt of the United States is borne by the whole world, and therefore they will not be harmed by printing more money, but the increased crime rate and insecurity is a weapon that is used in some countries and like governments. Revival of the rich and the middle class, without the lives of the poor.

Housing the middle and rich people in compounds with the poor will contribute to solving the insecurity.

What can these countries do, or are there binding agreements between the European Union and America? So that if those countries are affected, the congressional laws are repealed or reconsidered?

I do not expect that any decision will be made unless there is a first and last interest of the United States and therefore companies will push lawmakers not to amend these laws unless we wait until after 2024, or the start of mutual sanctions.

What's so difficult about most open source cryptocurrencies, with good programming and verified code from multiple developers?
Most of those wallets have beautiful GUI, easy to use, small space, high security, and does not require any technical knowledge or writing codes, as it provides an acceptable level of privacy.
For Desktop use Electrum, for phone try bluewallet
Or visit this link ---> https://bitcoin.org/en/choose-your-wallet

if you think that 2024 is the best year for investing because it is the next halving year then you need to wait for a year or two.
It is true that halving means an increase in price because it means a decrease in supply, but if demand does not grow in a linear manner consistent with this increase, the price will not increase.

Therefore, in short, if you do not build a real investment strategy, you will most likely not make any profits from waiting till 2024

What are the points of comparison between the two, or are you trying to include the word Elon Musk in a useful word?
What is happening now is financial mismanagement of the platform and may include squandering customer money in personal interests, which is different from the Twitter deal.
I also do not deny the suspicions that it is an attempt by Binace to swallow the competitors.

The financial and social situation is what determines the speed of your return to work. Everyone does not like to see his wallet or assets collapse and he needs to pay bills and buy food and drink.
Also, unplanned employment in the year 2020 is a big problem, as it has become difficult to borrow and therefore employment must be reduced.

Overall, it is a good opportunity to practice something new and build skills.