crypto winter

Celsius
Bankrupt Crypto Lender Celsius Reopens Withdrawals for Certain Custody Accounts
The firm paused withdrawals last June, citing extreme market conditions.
Celsius

(PiggyBank, Unsplash)
Kraken’s Head Of Strategy: Our Business Felt Crypto Winter's Chill
Thomas Perfumo said the firm has not been insulated from the broader economy. Here's what he says the exchange wants to do next.
(PiggyBank, Unsplash)

First Crocus
Crypto Thaw May Be Premature but Advisors Should Prepare for Winter’s End
When crypto winter ends and investment activity blossoms once again in the digital assets space, financial advisors should be prepared to hear a new litany of questions from clients about the risks and opportunities in cryptocurrencies.
First Crocus

(Jody Confer/Unsplash)
How Industry Can Prevent the Crypto Winter From Becoming an Ice Age
Recognizing that crypto has to be regulated as part of the regular economy is a first step to arguing for rules tailored to its unique innovations, says John Rizzo.
(Jody Confer/Unsplash)

Commissioner Christy Goldsmith Romero of the U.S. Commodity Futures Trading Commission
Crypto Lawyers Share Blame for FTX, Other Disasters, CFTC Commissioner Says
Gatekeepers such as lawyers, accountants and investment firms should have insisted the crypto industry handle itself in a safer fashion, Commissioner Goldsmith Romero argued.
Commissioner Christy Goldsmith Romero of the U.S. Commodity Futures Trading Commission

CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)
Crypto Brokerage Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports
The collapse of FTX in late 2022 may have been the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital.
CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)

CDCROP: Japanese Flag (Shutterstock)
Coinbase Confirms It's Halting Operations in Japan
Customers have until Feb. 16 to withdraw their fiat and crypto holdings from the exchange.
CDCROP: Japanese Flag (Shutterstock)

CDCROP: Coinbase Cryptocurrency Exchange Website (Chesnot/Getty Images)
Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages
The exchange expects the restructuring to cost $149 million to $163 million.
CDCROP: Coinbase Cryptocurrency Exchange Website (Chesnot/Getty Images)

Teymur Mirzazade, Unsplash
Crypto Layoffs: Here's the Grim Count Since April
As a bear market sweeps the industry, CoinDesk is keeping a running list of industry players that have cut jobs.
Teymur Mirzazade, Unsplash

Crypto winter (Timothy Eberly/Unsplash)
Bernstein: Returns From Buying Crypto During Downturns Have Been Spectacular
The industry has a strong track record of fighting back, a report from the brokerage firm said.
Crypto winter (Timothy Eberly/Unsplash)