Crypto projects told to delay new coins due to “Alameda Gap”

in bitcoin •  2 years ago 

New crypto projects have been encouraged to delay their send-offs by as long as a half year after the breakdown of Sam Bankman-Broiled's (SBF) Alameda Exploration drained liquidity across significant tokens by up to half.

As announced by CoinDesk, CoinMarketCap information shows that new coin applications dropped greatly in the last option part of 2022 and have numbered only long term to-date. This is in sharp differentiation to the in excess of 10,000 in the primary quarter of the year before.

Applications followed off toward the back finish of 2022 as SBF's significant market creator collapsed, taking billions of dollars in liquidity with it.
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