Is crypto winter here to stay?

Following collapse of TerraUSD and LUNA and drop of every major cryptocurrency price in the first half of 2022, we are now witnessing multiple crypto companies experiencing serious financial issues, with some even filing for bankruptcy, like FTX and BlockFi.

The process now referred to as crypto winter might last until the end of 2023, some experts say. We will keep a close eye on the industry updates and lessons learnt from the current crash and its consequences yet to come.