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The crypto hype is giving way to reality
Last year, the crypto winter wiped around $2.3tn (75%) from the alleged value of digital assets, impoverishing cryptocurrency traders in the process. Many commentators were keen to call time on digital assets and conclude that the craze is over. With the advent of central bank digital currencies in major economies seemingly delayed for the foreseeable future and significant non-financial services’ distributed ledger technology-based applications failing to develop compelling commercial use cases, many digital assets projects have been quietly put on ice or discontinued. Speculative interest has largely charged off ... (full story)