Welcome back to Week in Review, the newsletter where we recap the most read stories to cross TechCrunch over the last week. The most read story this week, unfortunately, was one of layoffs — ... ( read original story ...)
Bitcoin sinks below $19,000 as crypto meltdown intensifies
Crypto investors are grappling with aggressive interest rate hikes from the U.S. Federal Reserve and a worsening liquidity crunch. ( read original story ...)
Yen tanks as Bank of Japan sticks to stimulus strategy
The Japanese yen fell against the US dollar on Friday, after the Bank of Japan bucked a wave of tightening and stuck with its ultra-accommodative stance, adding to soaring volatility in a currency ... ( read original story ...)
Bitcoin drops below $20,000 as crypto meltdown continues
The price of bitcoin breached $19,000 and ethereum fell below $1,000 Saturday morning, extending the brutal crypto bear market to new lows. ( read original story ...)
Injured Osaka ruled out of Wimbledon after ‘exhibition’ claims, sad Bouchard skips London slam
Naomi Osaka pulled out of Wimbledon on Saturday as tournament officials said the former world number one was suffering with a leg injury. The announcement came in the wake of Osaka revealing she was ... ( read original story ...)
Bitcoin drops below $20,000 as crypto selloff quickens
The price of bitcoin fell below $20,000 for the first time since late 2020 on Saturday, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the most popular cryptocurrency, ... ( read original story ...)
Crypto’s DC clout imperiled as market melts down
The recent collapse of the upstart crypto market has not only cost investors billions in wealth, it’s also threatening to diminish the industry’s once surging clout in Washington. ( read original story ...)
Trillion-dollar crypto collapse sparks flurry of US lawsuits – who’s to blame?
Kim Kardashian and Floyd Mayweather among those being sued, but prosecuting fraud in the crypto arena is notoriously difficult ... ( read original story ...)
Bitcoin sinks below $20,000 as crypto meltdown intensifies
Crypto investors are grappling with aggressive interest rate hikes from the U.S. Federal Reserve and a worsening liquidity crunch. ( read original story ...)
The Crypto Party Is Over
The cryptocurrency industry was built on swagger, enthusiasm and optimism. All three are in short supply these days, as losses and layoffs mount. ( read original story ...)
RadioShack, Now a Crypto Swap, Trends Over Profane Tweets
The once ubiquitous electronics store is now a crypto swap. Its verified Twitter account has begun roasting other users in recent days. ( read original story ...)
Businesses are preparing for a crypto winter—here’s what that means for you
Companies are showing concerns of a recession, and in the crypto space, many are preparing for a crypto winter. Coinbase is laying off 18% of its workforce, or roughly 1,100 people, according to an ... ( read original story ...)
We’ve only scratched the surface of how bad the crypto crime wave has gotten
Bored Ape heists. Feds seizing stolen Ethereum. NFT insider trading. The crypto crime wave is real and it's gotten worse. ( read original story ...)
Your crypto is stuck in a ‘liquidity crisis.’ Now what?
The recourse offered to consumers when their crypto is held by entities that are in trouble is slim to none, but that doesn’t mean businesses are getting away with it. ( read original story ...)
Crypto’s Excruciating Week Has Traders Bracing for Next Crisis
It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: We’re sorry, but we just ... ( read original story ...)
Layoffs hit crypto and real estate tech particularly hard this week
Back to the bad news: we're writing another weekly layoffs column, because once again, there's been enough bad news this week that it's necessary to round it all up. This week, startups in crypto and ... ( read original story ...)