Sirwin
Sirwin

Is The Next FTX Hiding in Ethereum World?

By Cryptofab | Cointune | 23 Apr 2024


We all ignored the huge red flags associated with SBF because 'he looked smart' and 'he made a lot of money.' Then it turned out that he was dumb as rocks, was a sociopath, and was just stealing our money.

These words from Emin Gün Sirer echo loudly in the crypto community, prompting us to question why we fall for flashy promises and charismatic figures without scrutinizing their actions closely. And personally, I'm immediately thinking about all these Ethereum layer-2 chains which are promising juicy airdrops without real fundamentals...

The next cycle promises even more chaos, more deception, and more heartbreak. It's like a jungle out there, with shady characters lurking at every turn, ready to snatch your hard-earned cash. On top of that, recent events, like the $62 million hack of NFT-gaming project Munchables, have stirred debates over the centralization of Ethereum rollups like Blast. While controversies rage, it's more important than ever to remain cautious and discerning in this volatile landscape.

So, how do we separate the real deal from the trash? Watch the video below for further insights into navigating the treacherous waters of the crypto world:

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Cryptofab
Cryptofab

Studying Bitcoin, Alts & Arts.


Cointune
Cointune

Crypto, DeFi and passive income.

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