Author: Karly Marie
From major hacks and Terra’s collapse to Ethereum’s Merge and FTX’s downfall, 2022 was a defining year for the crypto industry. Explore the key events that shaped the year in this comprehensive timeline.
For cryptocurrency, 2022 started as a dream and ended as a nightmare. Digital assets that once soared “to the moon” found themselves in free fall, leaving investors grappling with massive losses and an industry tainted by scandal. Bitcoin, the pioneer of crypto, lost nearly 75% of its value, and the year ended with one of the biggest financial collapses in history—FTX, a multi-billion-dollar exchange, imploded, dragging its charismatic founder, Sam Bankman-Fried, into a storm of fraud charges. Was this a moment of reckoning for an overhyped industry, or just another painful chapter in crypto’s evolution? The Hype That Took Crypto…
Crypto theft reached new heights in 2022, with hackers stealing over $3.3 billion from DeFi platforms and exchanges. Here are the biggest heists of the year.
From the FTX meltdown to major hacks and stablecoin crashes, 2022 was a brutal year for cryptocurrency. Explore the key events that shook the industry and what lies ahead.
The world of cryptocurrency in 2022 was marked by both groundbreaking advancements and shocking collapses. From Ukraine’s historic use of crypto donations to the implosion of FTX, digital assets played a crucial role in global finance, for better and for worse. Here’s a look at the biggest crypto moments of 2022. Crypto Donations Fuel Ukraine’s Defense Efforts When Russia invaded Ukraine in early 2022, the Ukrainian government turned to cryptocurrency as an alternative fundraising method. The response was overwhelming—crypto users across the world rallied to send nearly $100 million in digital assets to support Ukraine’s military and humanitarian aid efforts.…
From FTX’s dramatic downfall to stablecoins losing their peg, 2022 saw major crypto crashes that rattled investor confidence. Here’s a look at the five biggest crypto collapses of the year and their impact on the market.
The cryptocurrency industry, once seen as an unstoppable force challenging traditional finance, has taken some of the hardest hits in its history. The collapse of FTX—the world’s second-largest crypto exchange—sent shockwaves through the market, wiping out billions and shaking investor confidence. With Bitcoin’s price dropping from nearly $70,000 in late 2021 to below $18,000 in 2022, and multiple crypto giants facing financial ruin, many are wondering: Is this the end of crypto’s golden age, or just another brutal round in its fight for legitimacy? FTX’s Collapse: The Knockout Punch? The downfall of FTX was one of the biggest financial scandals…
Despite BlockFi’s bankruptcy and FTX’s collapse, Bitcoin and Ethereum hit one-month highs. Here’s a breakdown of the biggest crypto news and price trends of the week.
Bitcoin soars past $83K as Ethereum, Dogecoin, and other altcoins follow suit. Explore the latest price trends, market shifts, and key insights in the crypto world.
The cryptocurrency market experienced unprecedented volatility in 2022, shifting from record-breaking highs in 2021 to a devastating crash. In November 2021, Bitcoin (BTC) peaked at $68,789, and Ethereum (ETH) reached $4,891, fueled by institutional adoption and a wave of retail investors. However, as 2022 unfolded, rising global inflation and aggressive monetary tightening by central banks caused capital to flow out of risk assets, leading to crypto’s steep decline. The situation worsened in May 2022 with the dramatic collapse of Terra’s ecosystem, followed by the implosion of hedge fund Three Arrows Capital (3AC). Investor sentiment plummeted, and the market faced liquidity…