15 Crypto Companies We've Lost in 2022 | CoinMarketCap

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2022 was indeed a rough year 🥶 It's hard not to look back at 2022 as a year dominated by the crash of the UST algorithmic stablecoin and the string of insolvencies and bankruptcies that followed.

popping up that detailed exactly how much each Celsius user is owed. The biggest loser? A man called Jacob Benjamin Fite, to the tune of $40.4 million. Ouch.

Like many crypto lenders — and the FTX exchange for that matter — the end came after days and weeks of CEO and co-founder Darshan Bathija saying that it would operate normally. The company reportedly owes its mainly retail clients about $360 million, and about another $35 million to a secured creditor.

that would give customers about 25 cents on the dollar, suggesting a liquidation would take far longer and likely result in a lower return. Major partners like Compass Mining said that they had been told the reorganization would not affect services.You'll be shocked to hear that Freeway, a crypto staking platform that offered investors returns of up to 43% on its "Supercharger" product, halted withdrawals on Oct. 23.

 

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I am still in grief for Luna. Great community Awesome projects

Inb4: 2023 starts with USDC implosion with the reason being FTX contagion 😅

The collapse of algorithmic stablecoins showed that all the recent innovations in crypto can not live long. Just as stablecoin started with Tether, it will end with Tether

Lol, you can say it's an investment year. Be positive 🥂 things will be better in 2023

In such a bad news market, I feel better holding the NFT and LuxWorld NFT is the future of TravelToEarn, believe me, it has a lot of real applications.

🥶🥶🥶

May Pi and core Satoshi be the best coins in CMC 🙏🤗

👇 के साथ उपयोगकर्ता की हताशा और ड्रॉप-ऑफ़ पर काबू पाएं ✅ सामाजिक लॉगिन ✅ सुविधाजनक वॉलेट निर्माण ✅ झंझट मुक्त फिएट ऑन-रैंप आपके डीएपी को अपनाने में और कौन से तरीके मदद कर सकते हैं? BiconomyToolkit BiconomySDK

2023 - pinetwork will be change all things!

The UST stablecoin crash and the subsequent bankruptcies had a big impact on the market. Let's work towards a more stable and prosperous 2023.

$HEY, stablecoins are like those digital coins that try to stay calm and steady like they're pegged to some fancy asset or whatever. But if a company can't pay its debts on time, it's basically broke like SBF.

Hope for a better 2023 🙏

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Totally agree, but I only use ChiefraFba for signals and analysis

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