Who is investing in crypto?

The round was led by venture-capital firm Andreessen Horowitz’s a16z crypto fund. Other investors joining the round included game studio Animoca Brands and its subsidiary The Sandbox; investment firms LionTree, Sound Ventures and Thrive Capital; and crypto players FTX and MoonPay.

Which cryptocurrencies went bankrupt in 2022?

The crypto hedge fund Three Arrows Capital (3AC) was the first major crypto firm to go bankrupt in 2022, brought down by the collapse of cryptocurrencies Luna and TerraUSD in May.

What happened to the crypto lenders?

Celsius had been one of the most prominent crypto lenders, and its bankruptcy left many thousands of customers waiting for funds that are currently trapped on the platform. The U. S.

When does affirm crypto close?

Affirm Crypto will close on March 2. The shutdown is part of a larger retrenchment for the company, which also announced it would eliminate 19% of its workforce. It's unclear what proportion of those layoffs are related to the crypto operation.