From Fortune:



The year 2023 in the crypto world has been explosive with major developments such as Bitcoin soaring, Ripple winning, convictions, and deals being cut. The industry has seen incidents of wealthy individuals fleeing to Bali after facing bankruptcy, and geopolitical struggles with blockchain technology being used to create financial corridors. Other headlines include the influence of elite parents on their successful sons, effective altruist leaders’ complacency in enabling crypto empires, and legal battles and discussions around NFTs and cryptocurrencies.

In addition, media points out the integral role of psychiatric professionals in crypto companies, malevolent political involvements of wealthy crypto entrepreneurs, the potential implications of AI, and the aesthetics and ethics of coding as a profession or activity. Overall, the year has been marked by seismic shifts in the behavior of the crypto industry at a global level. It has shed light on both the glamorous and darker aspects of wealth, power, innovation, and technological advancements that are shaping the future of finance and global economics.



Read more: Fortune Crypto’s 2023 Jealousy List