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‘A horror story’. These 3 charts show just how historically bad markets performed in the first half of 2022

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Reuters

UPDATE 1-Crypto lender Voyager Digital suspends withdrawals, deposits

Crypto lender Voyager Digital said on Friday it has suspended withdrawals, trading and deposits to its platform and said it is exploring strategic alternatives to preserve the value of its platform. The move comes days after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC) for the fund’s failure to make required payments on a loan. In a statement, Voyager Chief Executive Stephen Ehrlich said the move gives the company “additional time to continue exploring strategic alternatives with various interested parties” while preserving the value of the platform.

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