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

Blockchain is undoubtedly one of the most disruptive technologies of the present time. And, like any similar phenomenon, it is overgrown with myths and false information that can confuse a newcomer trying to understand it. We’ve read Melanie Swan's book “Blockchain. Blueprint for a new economy” and will try to tell you about the 3 most popular myths and misconceptions. Will all information in the nodes be stored forever? Answer: very unlikely. Indeed, each client of the network stores information about all transactions carried out without exception. For example, information about the history of Ethereum transactions takes up more than 200

We continue to write about important events and phenomena in the world of blockchain and cryptocurrencies. That is why today we will talk about pizza. This amazing and simple dish, which came either from Italy, or even from ancient Greece, has two holidays of its own: International Pizza Day and just Pizza Day. There is not much to say about the first one: February 9, festivals, treats, trips to restaurants. And the second day, May 22, is especially significant for all those interested in cryptocurrency. In 2010, the bitcoin rate was low, and it was mined mostly for the sake of interest. No one knew how and what it could be spent on. And o

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