Financial Guides

DeFi (Decentralized Finance) attacks refer to unauthorized or malicious activities within decentralized financial systems or protocols that exploit vulnerabilities, resulting in financial losses, disruptions, or manipulation of the platform. These attacks highlight the risks associated with DeFi, as the systems are decentralized and governed by code, making them susceptible to vulnerabilities...

Renowned CEO of Tesla and SpaceX, Elon Musk, has emphatically stated that his various enterprises will not engage in the creation or launch of cryptocurrency tokens. This declaration follows incidents where his AI company’s name was linked to a cryptocurrency and articles erroneously associated his social media platform, X, with digital tokens. On Friday, Tesla […]

GameFi, or play-to-earn in Web3 games, lets users earn tokens while playing, combining finance with gaming. GameFi refers to this financial gaming segment in decentralized apps. Gaming on the blockchain has seen remarkable growth, thanks to technical innovations that allow in-game assets to be represented as blockchain tokens and NFTs. This shift has given rise […]

In today’s dynamic digital era, Benjamin Franklin’s enduring advice, “Fail to plan, and you plan to fail,” resonates more than ever. While Franklin couldn’t have predicted blockchain and digital assets, his wisdom applies perfectly to passing on your legacy to the next generation. Facing our own mortality may be somber, but it’s vital for securing […]

ETHUSD is set to commence a short-term retracement to the downside. ETHUSD approached a significant demand area during its upward retracement. After ETHUSD rapidly surged in June and July 2023, the market’s sentiment turned bearish. The price reached a new high at $2030.00, forming a prominent resistance level. The bearish shift occurred after a successful […]

Currently, BTCUSD remains in a distribution phase following a recent two-week expansion. It was initiated by a rebound from a developing trendline in mid-October 2023. As a result, a significant downward retracement is looming. This period of consolidation reflects the market’s attempt to find stability after the recent surge. Prior to the surge, BTCUSD had […]

Despite their differences, bonds and crypto assets currently provide a similar annual yield. Bond yields rely on multiple factors, such as interest rates and credit ratings, while crypto staking involves earning rewards through network validation, entailing its unique risks. How Does Investment Yields? Yield stands as a crucial metric in investing, denoting the income generated […]

Bittrex, following a legal dispute with the SEC, has been granted approval by the bankruptcy court to close its U.S. operations. As part of the process, the company will systematically wind down its activities, ensuring full payment to the remaining creditors. Importantly, Bittrex’s financial situation did not involve a funding shortfall, and customers were given […]

Within the dynamic realm of cryptocurrency markets, there exist formidable entities known as crypto whales, distinct from the majestic ocean-dwelling creatures. These crypto whales are individuals, groups, or entities that wield substantial holdings of digital assets, akin to financial giants such as Warren Buffet or Peter Lynch in traditional finance. Much like their counterparts, crypto...

Exchanges serve as the vital core of the cryptocurrency market, facilitating the seamless movement and transformation of cryptocurrencies and tokens as acan prove to be a daunting task. Each exchange operates under its own unique set of regulations, fee structures, features, and investment opportunities. Hence, the significance of selecting an exchange that harmonizes with your […]