Crypto.com’s bad weekend — crypto exchanges are shaky

Amy Castor and I had 1200 words on this part of the ongoing (waves hands around) conflagration, so we put it out last night as a post. It’s over on Amy’s blog. [Amy Castor]

In this episode:

  • Bitcoin price goes down as retail leaves
  • Crypto.com had a bank run, Binance bailed them out
  • Kris Marszalek’s previous business failure
  • Advice for investors: either learn to be your own bank, or be smart and get out of crypto

We’re exhausted just keeping up with all the good news for bitcoin.

 



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One Comment on “Crypto.com’s bad weekend — crypto exchanges are shaky”

  1. I used to buy office supplies at the Staples right near the Staples Center. It’s still there. I wouldn’t be surprised if the Staples near the now-Crypto.com-Arena outlives Crypto.com (and their naming rights to the arena), too.

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