According to Black Swan author Nassim Taleb, crypto winter may soon turn into a real “ice age.” Another blow for the crypto market came from Moody’s who downgraded Coinbase's rating due to a sharp decline in the company's revenue. Nassim Taleb, the most prominent philosopher of our time according to The Times, commented on the situation around the current downturn in the crypto market, saying that it may last forever. In his Twitter post, the economist wrote that the term “crypto winter” is highly deceiving as it implies seasonality and a change in the trend. Nassim Taleb is famous for his accurate predictions of financial and social crises. Thus, he predicted the pandemic of 2020 and prior to that, the 2008 financial crisis. At the same time, credit rating agency Moody’s has downgraded the Corporate Family Rating (CFR) of Coinbase. Such a revision was caused by the company’s substantially weaker revenue and cash flow generation due to the steep decline in crypto assets. However, the challenges for the crypto market did not end there. A hacker has stolen $100 million in cryptocurrency from the Horizon blockchain bridge developed by crypto start-up Harmony. In just 18 minutes, the hacker made 11 transactions, sending assets to decentralized exchange Uniswap to swap them for Ethereum. In the meantime, CoinFLEX crypto exchange announced a temporary suspension of withdrawals from the platform due to “extreme market conditions” and high uncertainty around a certain counterparty. However, the company emphasized that the troubled counterparty in question is not Three Arrows Capital or any other lending firm. CNBC’s host Jim Cramer thinks that bitcoin may recoup most of its losses in the next few months although new price records are unlikely. He refers to the analysis made by famous trader Tom DeMark who suggests that bitcoin has a good chance of recovery.