Cryptocompare: FTX default will continue to influence the industry in 2023 year – Bits Media

The analytical company Cryptocompare has published a fresh report, dedicated to the cryptocurrency industry in 2022 year, where she noted, that the market will need some time, To fully recover from the consequences of the collapse of the crypto -tank ftx.

The exchange was connected financially with a large the number of companies, so, According to experts, in 2023 year we will see new bankruptcy.

Nevertheless, the situation with FTX, Analysts write, will definitely push crypto companies to work on the stability of his business. Therefore, next year, more attention will be paid to projects and protocols, which will offer effective ways to save funds. More investments will also be allocated to create applications, relevant to the requirements of the market, and not just marketing considerations or imitation of popular ideas.

Of course, They say in Cryptocompare, It will not do without hard regulation - supervisory authorities will strive to protect investors. maybe, The development of global rules for the industry will advance far. Analysts think, that the rules will become more effective, If they share centralized and decentralized projects, in the end, most of the bankrupt companies belonged to the first category.

"IN 2022 year we quickly moved to the bear trend in the market and finally reached it. This is a good opportunity for market participants to stop, think and draw conclusions about the development of the industry, as well as adjust plans for the future ", - write analysts Cryptocompare.

Earlier, experts of the analytical company Nansen reported, that events, Terraform Labs in the spring, And the current situation with FTX and AlaMeda Research are interconnected.