![DeFi platforms see profits amid FTX collapse and CEX exodus DeFi platforms see profits amid FTX collapse and CEX exodus](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvNzdiNDhjMTYtOTk0NS00NTEwLWE3ZGMtN2UxZDZkOWE5ZDAxLmpwZWc=.jpg)
A week after the fallout from the FTX and Alameda chaos, some on-chain data points are interesting to observe. Although record amounts of Bitcoin (BTC) and Ether (ETH) are leaving the exchanges, not…
![Sub-K Bitcoin price puts BTC miner profits under pressure as hash rate soars Sub-K Bitcoin price puts BTC miner profits under pressure as hash rate soars](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvODEyNDAwMTEtN2YxYy00NzUxLWEwZDAtOTI5NGM0MjgxNmY2LmpwZw==.jpg)
October witnessed a surge in Bitcoin’s hash rate, which is pushing the metric to a new high of 245 exahashes per second. These changes led to a sharp decrease in the hashprice, resulting in…