Thread by @esatoshiclub

After a wild 2021, #crypto ran into major headwinds in 2022 as central #banks began to unwind their #pandemic-era monetary policies. Here's a look at the 6 figures that defined crypto in 2022. 👇

🧵A thread by @esatoshiclub

$1.46 TRILLION

Crypto market cap dropped from $3 trillion to $849 million in just a few months - that's a whopping $2.3 trillion loss!

$3+ BILLION

Crypto theft by hackers and fraudsters has reached an all-time high last year, with bridge hacks accounting for $2 billion of the total stolen.

15 - The number of Congressional hearings held this year that primarily focused on crypto and blockchain policy.

With the magnitude of the #FTX collapse, lawmakers are looking to make meaningful progress in 2023

$100,000

This is the amount Sam Bankman-Fried, #SBF founder of crypto exchange FTX, claimed to have left in his bank accounts from a fortune that reached as much as $26.5 billion

1.15 MILLION

#Blockchain-based games saw a 65% growth in user numbers this year, with @#SplinterLands and #AlienWorlds leading the way. #DeFi applications only grew 2%, creating a major leap forward for the industry in 2022

86.31%

Crypto stocks had a tough year in 2022, with #Coinbase falling from $251.05 to an all-time low of $34.23. Other stocks like #MicroStrategy, #MarathonDigital Holdings, & #SilvergateCapital also saw huge losses.