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ETH is an open source blockchain platform that supports smart contract and is completely decentralized. the platforms original cryptocurrency ,ETHER is named after it. Ether has a market Capitalization. It holds the second position after Bitcoin in cryptocurrency. A Russian computer programmer , Vitalik Buterin, introduced the concept of entherteum in 2013. Conversion of one cryptocurrency to another after a report by Coindesk in early November 2022 highlighted potential leverage and solving concern. Involving trading from Alamedo research FTX abruptly shut down while FTX was in the middle of a crash crunch and a search for rescue finding, rival exchange BINANCE considered purchasing a stake in the company but ultimately decide against it .The CEO of FTX resigned and the company was declared bankrupt on November 11th 2022.