Before buying Term Vitalik Buterin claims FTX gives crypto lessons.

While acknowledging the severe impact of the collapse of the Sam Bankman-Fried crypto empire,

Ethereum co-founder Vitalik Buterin emphasised the stability of crypto's purported underlying technology, the blockchain.

BlockFi, Genesis, and Gemini are just some of the businesses that have felt the effects of FTX's bankruptcy filing in recent days.

Buterin claimed that the fundamental blockchain layers and decentralised

finance protocols functioned "flawlessly" despite the chaos.

fell by more than 1% to $1,227.

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