Philip Lagerkranser

Stay informed with Philip Lagerkranser’s coverage and analysis for Fortune.

  • Brian Armstrong, co-founder and chief executive officer of CoinbaseFinance

    Coinbase laying off about 950 employees to combat crypto winter, says CEO Brian Armstrong

    By Philip Lagerkranser and Bloomberg
  • BANGKOK, THAILAND – 2022/05/15: Visitor seen playing games at the “Zipmex” booth in an effort to win cryptocurrency during Thailand Crypto Expo 2022 at Bangkok International Trade & Exhibition Centre (BITEC). The Thailand Crypto Expo 2022 is the first cryptocurrency related exhibition in Thailand and the biggest in South East Asia, with leading blockchain companies at the Bangkok International Trade and Exhibition Center (BITEC) in Bangkok. (Photo by Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images)The Coins

    Celsius and Babel ties lead crypto exchange Zipmex to halt withdrawals

    By Philip Lagerkranser, Anuchit Nguyen, and others
  • Do Kwon, co-founder and chief executive officer of Terraform Labs, in the company’s office in Seoul, South Korea, on Thursday, April 14, 2022. Kwon is counting on the oldest cryptocurrency as a backstop for his stablecoin, which some critics liken to a ginormous Ponzi scheme. Photographer: Woohae Cho/Bloomberg via Getty ImagesThe Coins

    Stablecoin that’s supposed to be worth $1 plunges to around 40 cents

    By Muyao Shen, Philip Lagerkranser, and others