PRESS RELEASE. Cryptowisser, a leading Crypto service comparison website, announces the launch of its annual Crypto exchange graveyard for 2022. This list is the only comprehensive database of “dead” cryptocurrency exchanges currently available.
In 2022, 51 exchanges were reported dead, with the vast majority seemingly dying out due to business reasons and there were small percentages of scams, rebranding and regulatory deaths.
FTX – Star of the Show
Out of all the exchange casualties of 2022, FTX received the most attention, namely due to its sheer size and perceived strength (previously the third-largest exchange by trading volume). Unlike most crypto exchange deaths, this incident shook the crypto community to its core, whereas the majority of crypto exchange deaths occur in smaller, lesser known exchanges.
Hacking and Scams on the Decline
In the course of the crypto winter, fewer and fewer new crypto platforms were able to start up shop, resulting in only the strongest crypto
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