Coinsilium puts crypto winter in rearview mirror as challenging year laid bare

Web3 investor, advisor and venture builder Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) generated £211,500 in revenues in 2022, marking a 60% year-on-year decrease, in line with the bearish crypto markets. Impairment of financial assets amounted to £273,300 compared to £147,600 in 2021, with total comprehensive losses exceeding £2mln compared to a £14,000 gain in 2021.