It was a dark and stormy night when the news broke that FTX, one of the most popular centralized finance (DeFi) platforms, had collapsed. Investors were in a panic, unsure of what this meant for their assets and the future of DeFi. But what would happen to the rest of the centralized finance platforms in the wake of such a disaster? First, let's take a step back and understand what caused FTX's collapse. It turns out that the platform had been facing financial difficulties for some ...