At DC Blockchain Summit 2022 Office of the Comptroller of the Currency remarked on vulnerabilities of cryptocurrency in light of the recent market volatility and other events in the crypto economy: Fragmentation and hacks, Contagion risks and Custody Ownership Rights
Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.