How did crypto crash affect the crypto market?

But it was wiped out in the span of days when investors panicked and tried to pull out their money, causing a vicious, self-enforcing bank run. The crash bankrupted many investors and pulled down the entire crypto market with it: over $400 billion in value was wiped out in terms of crypto market capitalization.

Is Citadel Securities building a 'cryptocurrency trading ecosystem'?

U.S. electronic trading giant Citadel Securities is building a “cryptocurrency trading ecosystem” with the help of high-frequency trading and market-making firm Virtu Financial, as well as venture capital firms Sequoia Capital and Paradigm, according to a source familiar with the plans.

What happened to crypto after the earthquake?

Aftershocks from the massive earthquake in the trillion-dollar crypto industry last week continued to reverberate on Monday. Prices of digital currencies fell again as the crisis engulfing the market deepened over the weekend. Bitcoin, the world’s biggest cryptocurrency, has plummeted about 65% so far this year.

Is Citadel's FTX collapse ruining trust among young investors?

Citadel CEO Ken Griffin has been highly critical of the FTX collapse in recent weeks. The Wall Street executive has claimed that FTX is ruining trust among young investors in all markets. However, one executive links Citadel and FTX. The FTX collapse has reminded investors of a number of points in economic history.