STON.fi Blog

Today we will talk about the fears that every newcomer faces when diving into the world of cryptocurrency. These fears even have names, with abbreviations. The first is called FUD - Fear, Uncertainty and Doubt, and the second is FOMO - Fear of Missing Out. These fears live side by side and often create stressful situations for those who are not yet confident in themselves. Who wouldn't want to go back to 2014 and stock up on bitcoin to become fabulously rich? Unfortunately (actually, fortunately), this is impossible, and the thought itself, firmly planted in the head of a novice crypto-investor, leads to a subconscious fear of not followin

In the world of DeFi, you are your own bank – and that comes with both freedom and responsibility. This post will guide you through the most common scam schemes on DEXs, provide recent real-world examples, and offer practical advice on protecting yourself. By understanding these risks and implementing best practices, you can significantly reduce your chances of falling victim to these schemes, even if they can't be eliminated entirely. Common Scam Schemes on DEXs Rug Pulls How it works: A rug pull occurs when project developers abandon a project and run away with investors' funds. This often happens after creating hype and attractin

In the cryptocurrency market, airdrop is the free distribution of tokens by a blockchain platform. This is how platform owners attract new users and increase interest in trading. Like any other marketing move, an airdrop involves the user in the project. In order to receive tokens, you need to create a wallet, subscribe to newsletters, pass verification, and so on. Types of airdrops: Standard. Join and the tokens are yours. Sometimes they will ask you to repost. Exclusive. The exchange can reward its most active investors. For example, Uniswap once gifted $1,200 worth of tokens to its regular users for no reason. Yes, it happens.

Airdrop is not a charity, but a marketing game. You will not be given a fortune. A nice bonus is needed in order to attract you to the platform and stimulate your activity. And yes, in most cases this is a great option to get acquainted with a new project and have a small start-up capital. What should be remembered? Airdrop is always free. Absolutely. An attacker may ask you to buy a certain amount of coins and promise that you will be given even more after the purchase. It won't happen. The scammer may also ask to “unlock” the tokens for a fee or “repurchase” an airdrop at a discount. Of course, you will not get any bonuses, and the mo

We wrote about the history of the creation of TON and their battle with the US Securities Commission in one of the previous posts. Now let's look at what tasks they tried to solve and what unique features the Durovs planned to implement in their Telegram Open Network, and whether they and the team of independent developers succeeded in it. The original whitepaper is still freely available, you can read it here. The tasks facing the developers were truly gigantic: to create nothing but the most perfect blockchain in the world, which: will have an instant transaction speed, and thus will compete with fiscal payment systems (transfer cryp

In the previous article we analyzed the most commonly used terms related to mining and trading. Time to go for all our favorite abbreviations. Dear experienced blockchain and cryptocurrency users, forgive us for some simplifications, we want to make life of less experienced colleagues easier, not confuse them even more :) FUD and FOMO - the first is Fear, Uncertainty and Doubt, and the second is Fear of Missing Out. Psychological problems faced by newcomers to the stock exchange. FUD, roughly speaking, is the fear of making a mistake due to ignorance and uncertainty, FOMO is the fear of missing out on profits, buying and selling madly.