Crypto Users Adversely Affected by FTX and Terra Meltdown: BIS

Last year the crypto market was hugely affected due to market volatility and bankruptcies. Investors and crypto users faced the worst bear markets at the end of 2022 due to the sudden collapse of FTX....

Crypto crash did not adversely affect broader financial system, IMF says

The International Monetary Fund (IMF)  said the recent crypto market crash posed no threat to the wider financial stability of the world economy. The July 26 report “Gloomy and More Uncertain” states ...

Terra’s Fork-Recovery Plan Invites Huge Opposition, Will This Adversely Impact the LUNA Price?

In a recent update, the proposal to fork the current LUNA chain into LUNC has been strongly opposed by their own community. The proposal is said to have received huge negative reactions as they mainly...

Bored Ape Yacht Club and Blue-Chip NFTs Adversely Affected in the Crypto Crash – crypto.news

As the current state of the crypto market, Blue-chip NFT collections like the Bored-Ape Yacht Club have seen sales go down. The NFT market is almost facing the tough spell that cryptocurrencies have e...