#CryptoBowl

Crypto collapse leaves media companies with budget holes as advertising dries up The collapse of FTX and the ongoing crypto winter means a lot less ad spending will be coming from what was seen as an emerging industry.

Remember, the game in 2022 became known as the #CryptoBowl, when #Coinbase, #Crypto.com, #eToro and #FTX spent a combined $54 million on ads. By the end of the year, FTX had declared bankruptcy and Coinbase shares had tanked.

www.cnbc.com/2022/11/30/c...