crypto professionals discuss the industry's future with trade volumes down 50% since the FTX meltdown.
After Sam Bankman-$32 Fried's billion digital asset company FTX collapsed, cryptocurrency trading volumes fell 50%.
Centralized exchange daily trade volumes dropped from $26.7 billion in the week.
Trading volumes are falling throughout the industry's lengthy weak market.
Alarm bells rang. Investors fleeing the exchange sold their FTT holdings in droves.
last month's bankruptcy of FTX and 130 other related firms.
Shaame said investors may continue to leave centralised exchanges and store their money in non-custodial wallets.