Last week was jam-packed with events and upheavals, the most important of which was the situation around the Terraform Labs projects. There’s no way we could have avoided it, so in case you missed it, the link is below.
The crypto community lives in a very intense rhythm. That’s why CoinsPaid Media assumes that it’s simply unrealistic to keep track of all the interesting news coming out of the information flow. But to spend the weekend reading something exciting and useful is a great rest broadening your mind. So, we have once again prepared for everyone a selection of the most recent materials published over the past seven days.
One of the key topics in the crypto industry over the past week was the depreciation of the UST stablecoin, triggering the collapse of the native token LUNA and putting a lot of pressure on the BTC exchange rate. We tried to understand the situation in more detail.
Double-spending is one of the most common methods of hacking blockchain networks. Almost everyone has heard of the 51% attack, a type of double-spending, but there are actually more such techniques. We took a closer look at them, along with techniques that will prevent you from becoming a victim of double-spending.
Staking is both the foundation of blockchain networks based on the Proof-of-Stake (PoS) algorithm, the financial backbone of a large percentage of DeFi services, and a way to earn passive income. We are preparing a big series of materials devoted to staking in all its manifestations, but we’ve decided to start with the basic theoretical concepts to answer the question: “What is staking?”
- Interesting Events in May 2022
Both of these summits focus on the fintech industry, financial management, and cybersecurity. If you go deeper into details, you’ll find out a lot of interesting things. We’ve dedicated a separate post to each of these events. What if one of them can change someone’s life dramatically? “Accidental” acquaintance, idea, event — exactly during such events, many significant and crucial moments in the life of investors, developers, entrepreneurs, and other representatives of the crypto community occur.
