The Friday Focus: Issue 43
Welcome to our Friday newsletter. Here you find the most exciting crypto content from the previous week - curated for you by us.
Jul 21st 2022
Weekly happenings in the crypto industry
(July 15th - July 22nd)
As the dust settles in the crypto industry after a couple of months of ravaging failures of some of the industry’s most prominent players, information starts to come out about what went wrong. Crypto lender Celsius starts its bankruptcy proceedings. The bankrupt crypto trading firm Three Arrows Capital owes $3.5B to creditors, including $2.3B to Genesis. Vauld has followed other crypto lending peers in halting withdrawals.