On November 11, 2022, the third largest cryptocurrency exchange FTX declared itself bankrupt. Over the short period of its existence, FTX has been able to penetrate many areas of the market like a spray and build close relations with many companies and projects that everyone has heard about. Many of them will find it difficult to get out of t

The story of the collapse of FTX took a central place in all crypto media, and the chronology and reasons were discussed on various sides, including the details of the personal life of the participants. At the same time, it seems more important to reflect on what is happening and take measures that in the future will prevent or reduce the likeliho

Until recently, it seemed that FTX was doing well: FTX founder, Sam Bankman-Fried, one of the most authoritative persons in the crypto-world, raised $400 million from Softbank and others in January, receiving an estimated $32 billion valuation, and last month spoke about the project’s ambitious acquisition plans. However, now FTX is in distress,

IPFS (InterPlanetary File System) is an open-source hypermedia protocol that allows peers to store and distribute data in a single distributed file system. The author of the decision — the founder and head of the American startup Protocol Labs Juan Benet - called it a "distributed, permanent web," bearing in mind that the site created in IPFS c

The popularization and development of DeFi projects will make the use of financial services more modern, democratic, and convenient. The structure of the industry contains a lot of important components: information management, insurance, lending, tokenization of assets, and the emergence of stable digital coins that are not subject to high volatil

The decentralized finance space has shown exponential growth over the past year, increasing from a total of $540 million recorded in March last year to more than $47.6 billion at the time of this article's release. The growth of the DeFi sphere has opened up new opportunities for users, developers, and the industry as a whole, but also brought

There are many crypto communities on the Internet where people communicate on the topic of cryptocurrencies. There are so many that it is sometimes difficult to find really useful sites. Therefore, we have made a selection of crypto communities where crypto-enthusiasts can get new knowledge, tell about their experience and find like-minded people

The entire crypto community is waiting for the release of the second version of Vitalik Buterin's cryptocurrency network. It will allow you to receive passive income for altcoin storage, increase the transaction speed by almost 70 times and forget about mining . It has long been known that Ethereum developers are planning to switch to Pr

On April 21, Binance released an official statement according to which it will restrict access to its services for users who live in Russia and have assets worth more than $10 thousand. Such clients will no longer be able to deposit additional funds to their accounts or trade on the exchange. They will only be able to withdraw funds. In March,

Until recently, the concept of blockchain was only known in the context of cryptocurrencies, but today this technology is actively used in business. What's more, the new acronym DAO is entering the mainstream. So the "untraditional" business model appears along with JSC and attracts the attention of business enthusiasts more and more. DAO Defi

As you start using cryptocurrencies, you realize that, since crypto is a new financial mechanism, such transactions are associated with risk. Every month dozens of new tokens and apps launch. Blockchain technology is developing, and even experienced investors may find it hard to keep up with its rapid pace. We are not talking about the unp

Unknown to many, there are numerous other ways to get cryptocurrencies, apart from trading and mining which are the most common and straight-forward ones. In any case, it should be clear that no method, however ubiquitous or unique it is, guarantees instant money. Profiting off crypto or getting gratification for using a particular service alway