Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
On Jan. 4, Genesis CEO Derar Islim wrote that the firm was "reducing costs and driving efficiencies" in all of its businesses.
Oluwapelumi Adejumo 2 min read 
The exchange pointed at the declining trading activity on Huobi as the reason for this decision.
Being a scam, and hosting failed ICOs are the second and third most common reasons for coin deaths.
Policymakers were concerned about controlling the rate of price rises and cautioned against prematurely loosening monetary policy at the FOMC meeting.
Genesis CEO said the firm remains focused on its effort to solve its financial issues.
Judge Martin Glenn ruled that the funds deposited in Earn Accounts belong to Celsius
The WEF calls for "responsible actors" to assume control of crypto to prevent a repeat of disasters witnessed last year.
Compared to December 2021(154 projects), there were 50 crypto VC projects funded in December 2022, a decrease of 68% over one year.
Nearly all Grayscale funds have been trading at high discount rates.
