Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
Wyre announced that Yanni Giannaros has stepped down as CEO and the firm is exploring strategic options to survive the bear market.
Monika Ghosh 2 min read 
Poolin’s recent declines can be linked to its announcement of having liquidity problems, last September.
Hut 8 sold power back to the provider because of high energy prices, resulting in a fall in production.
Bitcoin is predicted to remain flat through 2023, following its second-worst year to date in 2022, according to Arcane Research.
Roughly $3 million of investors' funds were taken by Aurelien Michel through a smart contract backdoor function.
Crypto companies have implemented layoffs to cut costs and reduce their growth plans following a severe market decline.
On Jan. 4, Genesis CEO Derar Islim wrote that the firm was "reducing costs and driving efficiencies" in all of its businesses.
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.
