Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
See all Stories
E
Miami’s over crypto.
Just in time for Bitcoin 2023, the WSJ took a look at the state of play of crypto in Miami. Here’s what it found:
An NFT conference had fewer participants, relocated to smaller space. “Most of crypto was a pyramid scheme.” The residences that marketed themselves as accepting crypto no longer accept crypto after the fall of FTX. MiamiCoin is in the shitter. Miami’s venture fundraising is about 25 percent of what it was in last year’s first quarter. “This is not a free-flowing funding environment as it was before.”
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- Samsung’s wider Z Fold 8 feels just right
- The new Halo remake is a reminder of what Xbox used to be
- Google hit with $1 billion fine for breaking EU antitrust rules
- The right-wing boomers protesting data centers have a lot in common with the left
- The sci-fi movie that imagines AI isn’t so dystopian after all
