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<p>(<a target="_blank" rel="noreferrer noopener" href="https://www.newsnationnow.com/" data-type="URL" data-id="https://www.newsnationnow.com/">NewsNation</a>) — The collapse of FTX has put a highlight on cryptocurrency, however how do cryptocurrency exchanges work? </p>
<p>Enterprise Insider correspondent Laila Maidan breaks down the tech behind cryptocurrency and why the <a target="_blank" href="https://www.newsnationnow.com/business/your-money/ftx-collapse-bankruptcy/" data-type="URL" data-id="https://www.newsnationnow.com/business/your-money/ftx-collapse-bankruptcy/" rel="noreferrer noopener">FTX collapse</a> doesn’t imply doom for the <a target="_blank" rel="noreferrer noopener" href="https://www.newsnationnow.com/politics/senate-crypto-hearing-yields-big-claims-possible-regulation/" data-type="URL" data-id="https://www.newsnationnow.com/politics/senate-crypto-hearing-yields-big-claims-possible-regulation/">entire industry</a>. </p>
<p>FTX was an alternate, Maidan instructed NewsNation, used to facilitate buying and selling cryptocurrency. </p>
<p>“So the collapse of FTX actually has nothing to do with crypto itself. As a result of if that firm was permitting clients to purchase and promote shares, then it might have impacted the inventory market simply the identical manner,” she defined.</p>
<p>Cryptocurrency is a brand new expertise and Maidan stated there’s no surefire strategy to make investments with out threat, however there are methods to be safer when investing, like utilizing publicly traded exchanges akin to Coinbase. </p>
<p><em>Watch the total video within the participant above.</em></p>
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