2022: A Year of Growth and Scams in Bitcoin and Ethereum – A Comprehensive Overview

The Bitcoin and the Ethereum Ecosystems in 2022
The cryptocurrency sector, including bitcoin and other digital assets, was marked by significant developments in 2022. The year saw a considerable increase in the value of several cryptocurrencies, with Bitcoin seeing a 60% rise in value by the end of it, while Ethereum increased by 35% in value during the same period. While that has been a pivotal year for the space of blockchain technology with new advancements and growth, it also saw the proliferation of scams and fake promotions, particularly in the NFT space, which is the opposite of the values that these technologies have at their core. Here’s a summary of the notable events