What is CNBC crypto World?

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers a look at what’s ahead with high-profile interviews, explainers and unique stories from the ever-changing crypto industry.

Is the crypto market going up in 2023?

Since the beginning of the year, the crypto markets have been on a steady grind upwards, starting 2023 with some green on the board for crypto investors. On Sunday, Bitcoin (BTC) broke out of its recent price range and reached a three-week high by convincingly pushing above US$17,000.

How has the FTX crisis impacted the crypto industry?

The massive reduction in crypto trading activity throughout 2022, coupled with the recent catastrophe involving crypto titans FTX and Alameda Research, has strained many businesses in the crypto space. Maple Finance, an on-chain under-collateralised crypto lender, has recently issued a default notice to a borrower affected by the FTX situation.

Are centralised platforms safe for crypto investors?

Another critical realisation for crypto investors is that centralised platforms are not necessarily the safest places to store crypto: those who chose to keep their crypto assets in their wallets were unaffected by the past week’s events and still have access to their cryptocurrencies.