crypto contagion
The crypto contagion was a credit crunch that hit the cryptocurrency space in 2022. It mainly affected hedge funds and lending platforms who had borrowed huge sums of money off each other, and when one toppled it had a major impact on the others. The crypto contagion started with the collapse of the Terra ecosystem and then the liquidation of Three Arrows Capital. This led to liquidity problems for several other exchanges and lending platforms, some of whom went under as a result.
BlockFi Payouts Through Coinbase Coming This Month
3 months ago
Genesis and DCG Accused of Hiding $1 Billion Hole
4 months ago
Genesis Ditches 36 Million GBTC Shares
6 months ago
BlockFi, Alameda, and FTX Settle for $874 Million
7 months ago
Gemini Earn Users to Get 100% of Funds Back
7 months ago
Genesis Global Settles New York Fraud Lawsuit
8 months ago
BlockFi-Three Arrows Capital Settlement Approved
8 months ago