If Bitcoin was a boxer it would be on its back on the canvas. It is down but is it out?
and BlockFi have gone bankrupt, leaving investors large and small out of pocket and police investigating what happened.
But Andy Renshaw, senior vice-president of product management at Feedzai, said crypto relies on having a strong and diverse pool of exchanges in order to survive this ongoing fight. Prof Omid Malekan, of Columbia Business School, says things are looking bleak for crypto as a speculative asset. "Prices are down and many of the biggest investment-related service providers have blown up."
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