Crypto Winter


Markets

Crypto Exchange Zipmex Suspends Withdrawals, Citing Market Volatility

The outfit becomes the latest digital-assets platform to make that move.

Zipmex blocks clients from taking direct custody of their funds. (Peggy_Marco/Pixabay)

Policy

FTX's Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry

The crypto exchange's CEO is also willing to buy bitcoin for his company depending on the price.

FTX co-founder and CEO Sam Bankman-Fried says he's willing to lose money to help the crypto industry. (Jesse Hamilton/CoinDesk)

Videos

Crypto Trading Volumes Tank; India’s Crypto Info Call to G20

Trading volumes plummet as crypto winter bites and investors hold onto Bitcoin. Venture Capital investment in crypto startups falls, but the number of deals done rises. India’s finance minister calls on G20 to share information on crypto. US lawmakers say crypto miners should disclose energy data. Apathy at home compels South Korea’s blockchain game developers to market games abroad. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Finance

Crypto Lender Celsius Network Exploring Options to ‘Preserve and Protect’ Assets

The company is consulting with experts to try to reduce the fallout from its mid-June swoon.

(Shutterstock, modified by CoinDesk)

Finance

Bank of America Says 'Crypto Winter' Concerns Haven't Frozen Investor Interest

Blockchain technology is the most significant evolution of software since the internet, the report said.

El invierno de las criptomonedas no ha conseguido frenar el entusiasmo de los inversores por la tecnología blockchain. (Ina Hoekstra/Pixabay)

Opinion

Is Sam Bankman-Fried a Modern-Day Robber Baron?

In bailing out the crypto industry, the digital asset titan is acting like at least one Gilded Age financier.

Sam Bankman-Fried speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk)

Layer 2

Consensus 2022 Was the Crypto Bull Market's Goodbye Party

Attendees basked in the scorching Texas heat as crypto winter descended on the industry.

Scene from the closing night party at Consensus 2022 (Joey Martinez/CoinDesk)

Opinion

Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?

Coinbase, Gemini and other crypto exchanges are laying off employees. Things could get worse from here – but there’s reason to hope for a soft landing.

(Jeffrey Blum/Unsplash)

Markets

BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone

The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.

winter_glove_snow_Shutterstock