crypto: From FTX’s collapse to “The Merge”: top crypto developments in 2022
It has been a tumultuous year for the crypto world, which saw huge erosion in value, the Ethereum Merge, scrutiny from regulators, the crash of one of the world’s biggest exchanges, and more.
Like stocks, the value of several cryptocurrencies rose quickly during the Covid-19 pandemic in 2021. But the excitement waned this year, causing crypto prices to return to Earth. A series of collapses, culminating in the failure of FTX in November, did little to calm jittery investors.
The market value of Bitcoin, the most popular…