2022 will likely be remembered as one of the toughest years in modern history. Russia’s full-scale invasion of Ukraine, the protracted global crisis and other shocks have also affected the cryptocurrency market.
The latter, however, even without outside help threw a lot of surprises at the participants. The collapse of the Terra ecosystem, a series of bankruptcies of major players, “tectonic” regulatory shifts that occurred against the backdrop of a bearish cycle — all this affected not only institutional, but also ordinary users.
We offer a look at the industry through the eyes of Cryplogger readers. In one material collected the hottest topics and popular articles of the past year.
January was uneventful. Bitcoin quotes continued to fall, which began in November 2021. Regulators argued about the legitimacy of cryptocurrency transactions, and the community’s attention was riveted on relatively light-hearted things like Vitalik Buterin’s philanthropic initiatives.
On February 24, Russia launched a full-scale invasion of Ukraine, to which the world community responded with unprecedented sanctions.
Since the vast majority of our readers live in these two countries, it is not surprising that in the following months, materials directly or indirectly related to the theme of the war were the most popular.
In the spring, the cryptocurrency market faced the first “black swan” in 2022. In May, the algorithmic stablecoin TeraUSD (UST) lost its peg to the US dollar. This was the beginning of the collapse of the multibillion-dollar Terra ecosystem, which subsequently caused a wave of bankruptcies among industry participants.
The crypto community has been eagerly awaiting the activation of the massive update The Merge, which has moved the Ethereum blockchain to the Proof-of-Stake (PoS) consensus algorithm.
Some believed that the update would be the growth driver that the digital asset market needed so much. Others, on the contrary, believed that the transition to PoS would negatively affect network performance and exacerbate the crisis.
As a result, it can be safely argued that both parties greatly overestimated the impact of this particular Ethereum upgrade on the industry.
One of the most important events for the industry, of course, is the collapse of FTX and related companies, as well as the arrest of the founder of the cryptocurrency exchange, Sam Bankman-Fried. Predictably, Cryplogger readers showed an increased interest in the incident, which some have likened to the bankruptcy of Lehman Brothers.
Against the background of the above events, it is expected that longreads devoted to the war, sanctions and their consequences for the economy were mainly popular among Cryplogger readers.
In 2022, Cryptorium received great development. We have published dozens of cards and redesigned the product, adding a thematic classification and a filter by difficulty level.
We bring to your attention the most popular materials of the educational section of Cryplogger.
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