Category: Guide
Top 6 SocialFi Art Platforms In 2023: A Guide
Art has always been a reflection of society, and in the digital era, it’s taking on new forms and dimensions. Thus, the launch of SocialFi…
What is Initial Metaverse Offering (IMO) and How Does It Work?
What is the Metaverse? Metaverse is a Web 3.0 concept that includes virtual and digitized spaces where users can interact in an immersive and 3D…
What is an Eclipse Attack and How to Avoid It?
What is an Eclipse Attack? An eclipse attack initiates a series of complex computerized operations to destabilize a blockchain network. Hackers focus their attention on…
Top DeFi Wallets You Need To Know in 2023
What is a Multi-Chain Wallet? Multi-chain platforms are protocols that allow users to navigate through various different blockchain networks. Using these platforms are bridges or…
Web3 Or Web 3.0: How Do They Differ?
In the world of technology, two terms, “Web3” and “Web 3.0,” have become quite popular. Users often mix them up, but they mean different things….
Permissioned And Permissionless Blockchain Structures: All You Need To Know
Blockchain, the backbone of cryptocurrencies, operates through two core paradigms: permissioned and permissionless blockchains. These architectures determine access, security, and functionality, catering to distinct user…
What is a Honeypot Scam and How Does It Work?
What is a Honeypot Scam? Honeypot scams happen when scammers lure their victims to withdraw funds from a spiked or maliciously configured wallet account. The…
Solo Staking Vs Pool Staking: Key Difference
What is Solo Staking? Solo Staking is the process where retail investors lock their cryptocurrency reserves in smart contracts to earn block rewards. It is…
Understanding Backtesting And Its Importance in Crypto
Introduction In the dynamic realm of cryptocurrency investment, staying ahead of the curve requires a strategic approach that goes beyond mere speculation. Seasoned investors often…
What is a Bear Trap in Crypto Trading? A Comprehensive Guide
What is a Crypto Bear Trap? Cryptocurrencies have intrinsically high price volatility. Therefore, cryptocurrencies can experience massive price fluctuations within short durations. At the same…
How to Trade in a Volatile Crypto Market
What is Crypto Market Volatility? Cryptocurrencies are intrinsically volatile as they are a relatively new asset class. They are subjected to limited regulations in comparison…
Balancing Crypto Losses On Tax Filings In The US, UK, Canada
Navigating cryptocurrency taxation presents a complex landscape for investors globally. Therefore, understanding how crypto losses impact tax liabilities in countries like the US, UK, and…
What is an Initial DEX Offering (IDO) and How Does It Work?
What is an IDO? Most people working in finance have heard about Initial Public Offerings (IPOs). These events are crowdfunding events that allow startups and…
What is Proof of Authority and How Does It Work?
What is Proof of Authority? Proof of Authority (PoA) is a type of consensus model that uses reputation as basis for verifying transactions on a…
Blockchain Vs Bitcoin: What You Need To Know
Introduction In the DeFi sector, many terms are used interchangeably and they can be quite confusing for non-technical users. One such term is blockchain. Most…
All You Need To Know About Ethereum Cancun Upgrade
What is Ethereum Cancun Upgrade? Ethereum blockchain is the second largest network in the DeFi sector that has integrated smart contracts. In this manner, the…
Gresham’s Law In Cryptocurrency: All You Need To Know
What Is Gresham’s Law? Gresham’s law is an economic principle that explains why people use different types of money. When two types of money are…
What are Dynamic NFTs and How Do They Work?
What is an NFT? NFT stands for non-fungible token. It is a type of token that does that is unique and is a not a…
What is Delayed Proof of Work (dPoW) and How Does It Work?
What is Delayed Proof of Work? Delayed Proof of Work (dPoW) is a type of security mechanism that was created by Komodo project. It is…
The Dollar-Cost Averaging (DCA) Method: All You Need To Know
Cryptocurrencies are known for their wild price swings, triggering a constant dilemma for investors on when to enter the market. While the “buy low, sell…
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