BT Money Hacks Podcast: Is crypto still a viable investment option?

What happened with FTX and can cryptocurrency survive this? BT correspondent Howie Lim discusses with Wayne Huang from XREX. PHOTO: BT GRAPHIC

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

What is wrong with cryptocurrency? Or is it the players and ecosystem? How affected were you by the collapse of FTX and is there recourse for your loss? BT correspondent Howie Lim speaks to Wayne Huang, co-founder and CEO of XREX to find out. 

Highlights of the conversation: 

1:07 Cryptocurrency in 2022

3:37 The main issue with FTX’s collapse

8:33 How much will regulation help?

10:46 Balancing decentralisation and safety of customer assets

12:30 Recourse for customers hurt by FTX collapse

Produced by: Howie Lim (howielim@sph.com.sg) and Claressa Monteiro

Edited by: Howie Lim

Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on:

Channel: https://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe 

Spotify: http://bt.sg/oeGN 

Google podcasts: http://bt.sg/oeGP 

Website: http://bt.sg/moneyhacks

Feedback to: podcast@sph.com.sg

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. 

---

Discover more BT podcast series:

BT Mark To Market Podcast at: http://bt.sg/btmark2mkt 

WealthBT at: http://bt.sg/btwealthbt

PropertyBT at: http://bt.sg/btpropertybt

BT Market Focus at: http://bt.sg/btmktfocus

BT Podcasts at: http://bt.sg/pcOM 

BT Branded Podcasts:  http://bt.sg/brpod   

---

For more on personal finance, go to: bt.sg/moneyplaybook

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.