All The Ways That Crypto Broke in 2022

Crypto Lambo For Sale

“Crypto winter” is the industry term for the chill that descended on the market in 2022, and contagion was the name of the game. After the collapse of the TerraUSD algorithmic stablecoin, major crypto players fell like dominos: Three Arrows Capital. Voyager Digital, Celsius Network, FTX, BlockFi.

23 Blockchain Predictions for 2023

2023 Crypto Fireworks

4. Regulations in D.C.

Washington, D.C., will be a crypto hotspot in 2023 as regulatory innovation proceeds at unprecedented rates.

The centralized finance disasters of 2022 were the result of poor risk management, insufficient governance, incomplete audits, and potential fraud – all of which could have happened in any industry. Consumer protection will be top of mind for policymakers in 2023. The majority of emerging policy will be around centralized exchanges and stablecoins. Exchanges like Coinbase may be forced to be G-SIFI-regulated institutions, which will increase their regulatory compliance costs. Washington, D.C., will be the hotbed of some of the most controversial and important conversations about crypto in 2023.

SBF Meme Jail Prison

Web3, the Metaverse and Crypto: What Will 2022 be Remembered For?

MetaVerse 2023 2022 What Will We Know

But we must differentiate between cryptocurrency as an asset class trading on a platform such as FTX, and the technology that underpins cryptocurrency; specifically, blockchain technology and Web3. The two are separate concepts and should not be confused.

2023: The Year of Regulation vs. Decentralization
Crypto regulation remains a dark forest. In the year ahead the SEC and CFTC will likely push the boundaries of their existing authorities through novel enforcement actions, says attorney Mike Selig.
coindesk.com

The State of Web3 2022: The Year in Review
Crypto and NFTs had a rough year, to say the least. But Web3's troubles could end up proving to be its source of strength. Here's how.
nftnow.com

Analytical Data

💰 Bloomberg estimates that 900 million people regularly make crypto transactions

Crypto Transactions By Population 2022

Only one year difference

2022 to 2023 BTC ETh Market Cap

🥇 MicroStrategy increases bitcoin holdings by 2,500 and now holds 132,500 BTC. MicroStrategy announced the purchase of 2,500 BTC, holding a total of approximately 132,500 bitcoins as of December 27, at a price of approximately $4.03 billion, with an average price of approximately $30,397 per bitcoin.

Former Russian President BTC 2022

🇷🇺 Former Russia President: "The Bretton Woods system will collapse. Euro and Dollar will stop circulating as global reserve currencies."

Events

Click here for events & meetups inJanuary 2023

January Crypto Events 2023

Crypto News Heard Around the State

Tampa News

College student continues earning with investing in crypto
Jackson says he has a multi-million dollar portfolio.
baynews9.com

Tom Brady, other celebrity athletes’ ties to crypto raises ethical questions
The bankruptcy of FTX is raising questions about sports stars played in lending legitimacy to the largely unregulated landscape of cryptocurrency.
tampabay.com

Orlando News

Rep.-elect Maxwell Frost to donate money from disgraced cryptocurrency CEO
Incoming congressman Maxwell Frost said he will donate campaign money from disgraced cryptocurrency CEO Sam Bankman-Fried, after prosecutors said the FTX founder broke campaign finance laws.
clickorlando.com

Miami News

Death in Miami: crypto winter imperils NFTs and the 'effective altruism' movement too
The collapse of FTX has not only devastated the crypto world, but also threatened the ethics of “make money, do good” touted by its founders
theartnewspaper.com

Jacksonville News

UPDATE - Everything Blockchain Inc., Announces EB Build’s Debut on the AWS Marketplace
EB Build Revolutionizes the Blockchain and Database IndustriesJacksonville, Florida, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Everything Blockchain Inc., (OTCMKTS: EBZT), a technology company that enables real-world use of blockchain to solve critical business issues, announced the debut of EB Build (EBB), a patent-pending solution that merges blockchain and database technologies, on the Amazon Web Services (AWS) Marketplace. “EBB is blazing the path for the rest of the blockchain industry, taking secu
finance.yahoo.com

Disclaimer: Crypto Flo DOES NOT provide financial advice. All content is for informational purposes only. Crypto Flo is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.