The current crypto market downturn has dragged the prices of most digital currencies such as Bitcoin and Ethereum to just a fraction of their all-time highs last year. For instance, BTC is currently trading at around $18,470, less than a third of its ATH of almost $69,000 while ETH is trading at $1,293 or around a quarter of its ATH of $4,891. While the situation is understandably worrisome for crypto investors, the CEO of a crypto wallet firm views the current downturn as an opportunity for the industry to address issues that are hindering the mass adoption of Web3. During the Australian…
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