World's Largest Asset Manager BlackRock Chief Executive Says More Crypto Firms Will Fall Following FTX Collapse

While there appear to have been "misbehaviors" by the collapsed crypto exchange FTX, the technology behind cryptocurrency remains relevant for the future, according to Larry Fink, the CEO of major investment fund BlackRock. "We're going to have to wait to see how this all plays out" with FTX, Fink was quoted by news agency Reuters. "I mean, right now we can make all the judgment calls and it looks like there were misbehaviors of major consequences."...