Trust

2022 was one of the hardest year for crypto world. FTX bankruptcy finally damaged users’ trust in centralized exchanges and they began to wonder whether the storage of client funds was really secure. A wave of mistrust had swept across almost all the top exchanges, including Binance.

Cryptocurrency prices are down sharply and have moved into a more bearish trend zone.

This week, altcoins have varying levels of upward momentum.

Cryptocurrencies are in freefall and have moved deeper into the downtrend zone. As it trades in the uptrend zone, the trust wallet token is excellent. When the altcoin holds above the moving average lines, the Trust Wallet Token has the tendency to rise. We will discuss these altcoins in more detail.

The cryptocurrencies listed below are now trading in the downtrend zone of the chart. Algorand and Chain, for example, have fallen dramatically to the bottom of the chart. There is a chance that Chiliz, Trust Wallet Token and Binary will recover. Let us take a look at some of the cryptocurrencies that had the worst performance overall.

Cross-chain bridge transactions are considered to be the weakest point of blockchain. This flow cost users about $2 billion in the first half of 2022.

Nowadays, it is difficult to imagine life without gadgets. People tend to trust them with the most valuable information, including sensitive data and banking details. It's no wonder that if a device is lost, the consequences can be severe.

In the NFT world, a botched launch is often regarded as either a “rugpull” or a blunder which leads to immediate failure. This project, however, didn’t face their end and instead, solidified their existing support by taking the bold step of refunding everyone at a $28,000 loss.

The UK Financial Conduct Authority (FCA) accuses Kim Kardashian of promoting a risky cryptoasset token that could be a scam. Is this a result of a lack of awareness or a drive for money?