Crypto Events 2022; a Festival of Massive Cataclysm and Boon

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• The year 2022 staged several crypto-related events.
• From the TerraLUNA crash to the FTX fallout, the market zigzagged through dips.
• However, the metaverse and NFT sectors witnessed fruitful growth in 2022.

It is a well-known reality that the crypto/blockchain sector is witnessing all sorts of idiosyncratic advanced technology and related developments. From the bellwether Bitcoin to numerous altcoins, centralized to decentralized crypto exchanges, and Web 2.0 to Web 3.0, the crypto industry has become a pivotal part of the world economy.

Alongside these advantages, the crypto industry is also prone to several hackings, exchange collapses, fraudulent activities, macroeconomic factors, terrible market crashes, and many more.

As this year fades out, here is a short glimpse of the events that happened in the crypto industry in 2022.

January

The beginning of 2022 showcased a red signal for the crypto market as Bitcoin plunged to $32,000 from its all-time high of $68,915 in November 2021. The de ...

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