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Crypto Contagion

IMF reminds policymakers of need for tighter digital currency regulations
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15 April, 2023

IMF reminds policymakers of need for tighter digital currency regulations

The IMF insists that stringent laws and heightened monitoring of the digital asset market are crucial to prevent the recurrence...
SVB, contagion, and preserving Ethiopian culture with NFTs
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21 March, 2023

SVB, contagion, and preserving Ethiopian culture with NFTs

The 'crypto contagion' plaguing the digital asset industry has been contained for now after the government stepped in, but it...
BlockFi seeks to reopen withdrawals, but there’s a catch
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22 December, 2022

BlockFi seeks to reopen withdrawals, but there’s a catch

The defunct digital asset lender will only reopen withdrawals for Wallet Accounts, and just as with Celsius, users with interest-earning...
BTC miner Core Scientific files for bankruptcy
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22 December, 2022

BTC miner Core Scientific files for bankruptcy

Despite the filing, Core Scientific expects to continue operating normally, won’t liquidate assets and has entered into restructuring support agreement...
Bybit joins growing list of layoffs in exchanges
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7 December, 2022

Bybit joins growing list of layoffs in exchanges

Bybit CEO Ben Zhou announced on Twitter that the exchange would lay off workers across the board, blaming the “deepening...