Emily Parker is executive director of global content at CoinDesk and a former policy advisor at the US State Department and writer/editor at The Wall Street Journal. She is the author of "Now I Know Who My Comrades Are: Voices From the Internet Underground." The opinions expressed in this commentary are her own.
Cryptocurrency is having an existential crisis. Last month, crypto lender Celsius filed for bankruptcy protection. It has frozen withdrawals since June 12, and it's unclear if or when customers will get their money back. But Celsius is just one domino to fall.
Crypto lender Voyager Digital also recently filed for bankruptcy protection. Ordinary investors who deposited their money into Voyager likely don't know if or when they will see their funds again. Bitcoin, meanwhile, recently fell more than 70% off its all-time high from last year.
And back in May, TerraUSD (UST), a so-called stablecoin that was supposed to trade at $1, saw its price fall well below that, causing steep...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...