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On a similar note View be acquired by the company. USboth major crypto drawdowns happen about every four.
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The Crooks of Crypto: 2022 Crypto Crash ExplainedOn 7 May , $2bn of the UST stablecoin was "unstaked" and immediately sold, causing it to unpeg and drop to $ This. In June bitcoin dropped below $20, for the first time since This was prompted by the decision of Celsius Network, a major US cryptocurrency. In , the crypto market experienced over $ billion in losses through various attacks. This was a record-breaking year for crypto hackers.
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