Crypto Contagion: Mapping the fallout from $LUNA, 3AC, Celsius, Voyager and BlockFi
You’ll no doubt be hearing the word contagion from all corners but didn’t we just escape the clutches of the pandemic. Well yes. But crypto is really like a house of mirrors where nothing is ever what it seems. But it’s also a house of cards, built on a complex system of levered dependencies. And…
By: Robin Schmidt • Loading...
MarketsYou’ll no doubt be hearing the word contagion from all corners but didn’t we just escape the clutches of the pandemic. Well yes. But crypto is really like a house of mirrors where nothing is ever what it seems. But it’s also a house of cards, built on a complex system of levered dependencies. And when one of those fails it all comes crashing down. And that’s what we’re covering today. From GBTC to LUNA to CELSIUS, Three Arrows Capital and Voyager. The who the what the when the why and the weeping. It’s exhaustive and it’s probably going to be out of date by next week but we had to start somewhere.
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