(FTX Financial Troubles Affect Bitvavo Exchange) Crypto #shorts


The financial troubles of FTX have impacted the DCG Group, causing liquidity issues and a suspension of payments. This has affected businesses like Bitvavo, a Dutch cryptocurrency exchange. While Bitvavo has reassured customers that their funds are safe and the platform is profitable, it is also facing difficulties due to the current market. Customers with assets locked up with DCG can choose to exit their investments and receive reimbursement. Bitvavo is a full-reserve exchange and disables off-chain staking by default.