Introduction Cryptocurrency investors and traders may think that trading cryptocurrencies are the easiest and most profitable method of generating income. However, cryptocurrencies are also taxed despite being part of the DeFi or decentralized finance sector. This article is going to introduce the…
Introduction Just like any other financial market, DeFi is also susceptible to scams and fraud. Rather than turning away from the benefits of crypto trading out of fear of these frauds, it is best to learn about them. This article is going…
Introduction The cryptocurrency market is a wonderful and nascent financial space that is still under development. There are many unique and interesting opportunities to come out of this market. One such option is a crypto faucet. At first glance, most cryptocurrency investors…
Platypus is one of the most famous decentralized platforms. But most recently Platypus has suffered a loss of $8.5 million due to the flash-loan attack. But the top leadership of Platypus was able to locate the hackers and successfully recovered the funds,…
Introduction Bitcoin is known as the first decentralized cryptocurrency and blockchain project. The creator of Bitcoin, Satoshi Nakamoto, made the project open-sourced. In this manner, many developers were able to use and replicate the Bitcoin core structure to create new blockchain projects….
Introduction Everyone in the cryptocurrency community has heard about NFTs or Non-Fungible tokens. Most people understand NFTs as media files that they can use to create and sell artwork. However, it is important to understand that NFTs are also a type of…
Introduction Cryptocurrencies are also part of the financial and investment sector. They are a digital alternative for all fiat-related financial services and options. Therefore, cryptocurrencies are also subjected to the risk that some traditional financial enterprises and entities can face. Bank Runs…
Introduction When it comes to cryptocurrencies they are mostly seen as a product that is an alternative to fiat currencies and their services. However, major financial institutions have been taking an interest in working with blockchain to offer innovative methods of investing….
According to the examiner’s report, the problems facing crypto lender Celsius Network were certainly not new, as it had been facing issues since 2020. The report dictated that the now-bankrupt crypto lender had begun facing serious problems after it had started to…
Introduction The DeFi market is now a $3 trillion industry with thousands of cryptocurrency variants and dApps projects. Much of the crypto market development can be attributed to the two main cryptocurrencies namely Bitcoin and Ethereum. Where Bitcoin is the first crypto…
