Crypto Money Lab

Hey there, I’m Alex and this is my blog about cryptocurrencies, decentralized systems, blockchain, bitcoin, altcoins and technology in general.

This project is called a Crypto Money Lab because I experiment with different cryptocurrencies and services and then analyse the results for better understanding the whole idea and the possibilities it gives.

Here is some personal advice for beginners in cryptocurrency

  1. Keep your cryptocurrency safe: do not keep any currencies in exchanges. Always control your private keys yourself. Use a hardware wallet, paper or software wallet.
  2. Before investing your cryptocurrency in any project, do your research, see who’s behind the project, understand the technical aspect of what they’re doing.
  3. Invest in cryptocurrencies as much as you can afford to loose. When you do invest, get emotionally detatched from that money.
  4. If you’re considering to get involved or invest in some project, always do your own research and at least check if they’re listed on badbitcoin.org
Bitcoin Magazine

Popular Ether Wallet MEW Is Hijacked in DNS Attack

MyEtherWallet, a popular web-based wallet for storing and transmitting the cryptocurrency ether (ETH), suffered a DNS attack that rerouted unsuspecting users to a Russian scam site into which some victims fed their login credentials. An unsigned SSL certificate warned users before entering the phony site but some bypassed the warning, resulting in a loss of

Bitcoin Magazine

Blockstack and ShapeShift Offer $50,000 Universal Wallet DApp Bounty

In the latest installment of its Signature Bounties campaign, Blockstack has partnered with ShapeShift to challenge developers to create a universal wallet. The contest, which began this morning, April 25, 2018, at 9:00 a.m. EST, will run until 11:59 p.m. on June 25, 2018. The winning project will be announced on June 29, 2018, and

Bitcoin Magazine

Goldman Sachs Makes First Official Hire to Its Cryptocurrency Department

Multinational investment bank and financial services company Goldman Sachs has hired the first official employee for its cryptocurrency markets unit. Justin Schmidt, a former trader, has been serving as the enterprise’s first head of digital asset markets in the securities division since April 16, 2018. Holding a computer science degree from the Massachusetts Institute of

Bitcoin Magazine

Thomson Reuters Survey Finds Increasing Interest in Cryptocurrency Trading

Cryptocurrency trading by financial firms could increase in 2018, according to a new Thomson Reuters survey, with approximately 20 percent indicating they are considering trading cryptocurrency over the next 3–12 months. The survey was conducted among more than 400 clients across all of Thomson Reuters trading solutions, including Eikon and REDI, as well as its

Bitcoin Magazine

Promoted: Invictus Blazes New Path to Crypto Investing

As digital asset markets face increased volatility and turbulence, managing a portfolio of cryptocurrencies can be an overwhelming endeavor, even for the savviest of investors. Ill-equipped with the time, energy and knowledge needed to successfully navigate today’s sea of new investment opportunities, this investor group can find themselves exposed to extreme vulnerabilities and traps in

Bitcoin Magazine

EOS Hype Builds as Over 50 Candidates Vie for 21 Supernodes

EOS is scheduled to migrate from the Ethereum network to its own on June 2, 2018, and a slew of candidates are vying for one of twenty-one supernodes that will support this new mainnet. Since the first week of March, the platform’s Steemit account, EOS Go, has posted weekly reports on the organizations that have

About me

I am a programmer with over 20 years of experience, currently working as a freelance IT Consultant.
I’ve been involved in cryptocurrencies since 2011. I liked the ideas and the technology behind blockchain and bitcoin in particular so much, that I was promoting it among my friends and clients. With each cryptocurrency hype and significant price changes in bitcoin, ethereum or any major altcoin, my phone and messengers explode with many different questions about investing in cryptocurrencies, trading, mining, lending, etc.
So decided to put up this little website to share my thoughts, knowledge and experience on cryptocurrencies, blockchain, bitcoin, ethereum, altcoins and decentralized systems in general.
I’m not a financial advisor in any way and on this website I only share and recommend the services that I’ve been using myself and haven’t noticed any signs of them being a scam.