Content Type
Limit Search to
About Us |  Contact Us |  Site Map
Advertise |  Customer Service |  Terms of Service
FAQ |  Privacy Policy
Copyright © 2021 ALM Global, LLC.
All Rights Reserved.

As firms prepare to weather the “crypto winter,” it’s critical to balance cost-savings strategies with the need to maintain regulatory compliance.
July 18, 2022 at 07:00 AM
6 minute read
Interest in digital assets such as cryptocurrency and NFTs has boomed in the last five years, and with it has come fascinating, innovative approaches to creating a new decentralized financial system. But the stunning growth of the industry is not without its setbacks. The recent volatility in the market, spurred by crashes in the Luna/UST stablecoin, has eliminated trillions of dollars in value in a matter of weeks.
Luna purported to be a safe digital asset not prone to market volatility, but when major investors pulled their funds from the asset, it created the cryptocurrency equivalent of a bank run. In a matter of days, this digital asset that used algorithms to maintain its “peg” to the value of the U.S. dollar entered a death spiral and became almost worthless. This sudden collapse of one of the largest cryptocurrencies, along with various global macroeconomic headwinds, kicked off a bear market, also known as a “crypto winter.” The market pullback has caused layoffs and a slowdown in hiring across the sector.
By David Cochran, QuisLex
By Isha Marathe
By Barry Miller and Elisabeth Gentile, Freeman Mathis & Gary
By Tim Parilla, LinkSquares
A Top Republican Lawyer Distanced Himself From Trump’s Fraud Claims. Why Is He Now Representing Mark Meadows?
National Law Journal
Confirming Criminal Probe, John Eastman Says Federal Agents Seized His iPhone Last Week
The Recorder
Should Law Firm Staff Be Worried About Job Cuts and the End of Hybrid Work?
The American Lawyer
The 2022 Pro Bono Scorecard: National Rankings
The American Lawyer
Paul Hastings Anticipates ‘Large and Exponential Effect’ From Latham Lateral Team
The American Lawyer
License our industry-leading legal content to extend your thought leadership and build your brand.
Presented by BigVoodoo
GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
The annual China Law & Practice Awards is the jurisdiction’s most prestigious legal awards ceremony that applauds China’s elite.
Javerbaum Wurgaft, large statewide civil litigation firm with nine (9) offices, seeks: Real estate, land use, and zoning attorney with minim…
A well-respected regional law firm that has represented businesses in Tampa Bay for decades is seeking a commercial litigation associate to …
An innovative surgery center headquartered in the Tampa Bay area is seeking a Counsel to handle Medical Malpractice as well as general corpo…
ANAPOL WEISS is pleased to announce that Riki Strosser, Esq. has joined the firm as Senior Associate.
Dhillon Law Group welcomes Josiah Contarino as an associate in our Newark, New Jersey office.

Don’t miss the crucial news and insights you need to make informed legal decisions. Join Legaltech News now!
Already have an account? Sign In
The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success.


Lascia un commento

Il tuo indirizzo email non sarà pubblicato. I campi obbligatori sono contrassegnati *