The recent crypto crash has once again put a spotlight on the volatility and future of cryptocurrencies. Bitcoin, the grandfather of all cryptocurrencies, has lost roughly 70% of its value from a high of nearly USD $69,000 back in November 2021. Various crypto exchanges and lenders have since fallen into bankruptcy or downsized to deal with the downturn. We speak to Vincent Fong, chief editor at Fintech News Asia to get his take on the crash and cryptocurrency’s possible future. 

Image Credit: Shutterstock | Creativan

Produced by: Jeremy Ng

Presented by: Lily Chai, Christine Wong

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Categories:  technology

Tags:  decentralised system,  cryptocurrency,  bitcoin,  crypto crash,  digital asset,  initial coin offerings (icos),  terrausd,