247 Job News Saifudin Hidayat: Diving into the projects going cold in the crypto winter

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Rabu, 13 Julai 2022

Diving into the projects going cold in the crypto winter

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Diving into the projects going cold in the crypto winter

In the Red Jumpsuit Apparatus song Face Down, there’s a line that goes: “A pebble in the water makes a ripple effect / Every action in this world will bear a consequence.”

That certainly seems to be the case with the crypto world right now.

The Terra collapse has affected the entire industry, triggering sell-offs and leading to massive losses all around. Three Arrows Capital has filed for bankruptcy, and the impact of that and its loan defaults has cascaded across the crypto lending landscape.

These incidents marked the start of the crypto winter, and many other firms are now facing a tempest.

We’ll get into the specifics in a little bit. In the meantime, if your startup is looking to raise funds (or you know of others that are doing so) fill up this form so that we can help spread the word. We know that these are challenging times for everyone and not just for crypto firms.

-- Stefanie

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