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| Crypto winter is coming | Brittany Kaiser. Will new rules give increased legitimacy to the crypto industry or dampen the innovative and free-wheeling market the industry is used to? Despite it being summer in the US, chills of a crypto winter are being felt and the question is how will DeFi emerge from this season differently than it went in? Magical Crypto Conference It all begins with an idea. The use and mining of cryptos like Bitcoin have a significant environmental impact. The recent pullback in digital assets has many questioning their confidence in the broader market. After starting the year on a high, renewed recession fears in May, coupled with the collapse of stablecoin TerraUSD and its sister currency Luna, rattled the broader crypto markets causing additional drops in coins such as Bitcoin and Ethereum. |
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