In spring this year Level39, a tech start-up hub in London’s Canary Wharf, was buzzing with new cryptocurrency and blockchain businesses keen to make their mark.
Oliver von Landsberg-Sadie, whose cryptocurrency brokerage BCB Group is among the hundreds of companies based there said that from last October, business was “off the charts” with crypto start-ups springing up.
More recently though, a number of them have disappeared and no new ones appear to have popped up, Mr von Landsberg-Sadie said. In some cases, “you see a whole vacant area where there was once a flourishing team”.
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