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Grim Year For Crypto Market After FTX Blowup: 'Players In The Space Are Kind Of In Survival Mode' - Coinbase Glb (NASDAQ:COIN)

The crypto market is still reeling from the fallout of the FTX blowup last year. The market’s value has decreased significantly, NFT trading has plummeted, and venture capital deals have shrunk.
Nico Cordeiro Commodity Futures Trading Commission Blockfi Inc Coinbase Global Inc Celsius Network Strix Leviathan

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Celsius Crypto Lender's Bold Mission: Paving the Path to Settle $2 Billion in Crypto Debts by December 2023

Celsius Network's aspiration to repay over $2 billion in crypto debts within a year raises several critical questions. Firstly, where does this debt originate, and what types of borrowers are involved? The majority of the debt stems from crypto-backed loans issued by Celsius Network to its users.
Alex Mashinsky Rise Of Celsius Network Celsius Network While Celsius Network Debt Dilemma Repayment Blueprint

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