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.
Silvergate Bank to Enter Liquidation
2 weeks ago
What’s Going on With Silvergate Bank?
3 weeks ago
Liquidators to Sell 3AC NFTs to Raise Funds
4 weeks ago
Celsius Chooses Novawulf Takeover Bid
1 month ago
Genesis Files for Bankruptcy Owing Over $3 Billion
2 months ago
Genesis Preparing to File for Bankruptcy?
2 months ago
Digital Currency Group Halts Dividends
2 months ago