- Main crypto corporations, together with Crypto.com, Coinbase and Genesis, have introduced layoffs in 2023.
- To make issues extra sophisticated, the SEC simply filed fees in opposition to two main gamers in crypto.
- Regardless of latest turmoil, costs of main cryptocurrencies like Bitcoin and Ethereum are up up to now this 12 months.
It is a merciless, merciless winter for the world of crypto.
The brand new 12 months has barely begun, however up to now, the ache that the cryptocurrency trade skilled in 2022 has proven no signal of slowing down: 1000’s have been given the pink slip, and the Securities and Trade Fee levied fees in opposition to two main gamers within the trade.
Here is a fast recap of what is already occurred: