'Advertising has taken a hit': The crypto crisis has created an advertising vacuum

Don’t expect to see many crypto ads for a minute. The companies behind them are trimming down costs wherever they can, including advertising.

Additional coverage:

• U.S.-based Court Avenue has put its own spin on creating a network while inverting the holding-company model. Digiday caught up with Kenny Tomlin, Court Avenue’s co-founder and partner, in this week's Digiday+ Media Buying Briefing.
• Last fall, DTC shaving brand Harry’s grew its in-house capabilities, adding an in-house studio with a full-time in-house photographer to its staff. Harry’s, founded in 2012, has had an in-house creative team since its inception.
• In conversation with Digiday, BuzzFeed COO Baelser talks about how the company's merger with Complex Networks gives the joint company the grounding necessary to handle a possible recession.
• The acquisition of Trump's media company faces legal hurdles, Meta redesigns its digital payment service, Netflix makes more moves toward ad-based subscriptions and more in this week's Digiday DealBook.