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Investing Advice

What Is a Gwei All About?

Sep 29 2023 @ 07:49
A “Gwei” is a unit of measurement for the cryptocurrency Ethereum (ETH). It is the smallest denomination of Ether, which is the native cryptocurrency of the Ethereum blockchain. The term “Gwei” is short for “gigawei,” and it represents one billion (1,000,000,000) Gwei. In the Ethereum network, Gwei is the smallest denomination, and Gwei is often […]

Beware of Investment Frauds: Ways to Safeguard Your Money

Sep 20 2023 @ 10:22
With the hidden agenda of carting away your money, scammers will present huge investment returns to unsuspecting victims. However, this write-up is aimed at equipping you with the right tools to effectively detect and avoid such evil schemes. You can increase your savings by investing your money, but you must be wary of scammers. Investment […]

Taxation of Bitcoin, Altcoins, DeFi, and NFTs: A Comprehensive Guide

Sep 18 2023 @ 15:27
In 2014, the IRS initiated cryptocurrency taxation guidelines, marking the onset of regulatory oversight. Notably, it wasn’t until 2019 that the IRS mandated the reporting of cryptocurrency investments on income tax returns. Since 2014, a core principle has endured: cryptocurrencies and blockchain-based digital assets are considered property, not currency, for U.S. tax purposes...

A Guide to CertiK

Sep 15 2023 @ 10:30
Inaugurated in 2018 by distinguished professors from Columbia and Yale, CertiK stands as a trailblazer in the realm of blockchain security. Leveraging state-of-the-art Formal Verification and AI technology, the platform is dedicated to fortifying and overseeing blockchains, smart contracts, and Web3 applications. What Is CertiK? CertiK is a platform that is dedicated to ensuring the […]

Arbitrum Community Introduces Snapshot Voting for Short-Term Incentive Program

Sep 12 2023 @ 15:21
The initiation of snapshot voting marks a pivotal moment in the evolution of Arbitrum’s ecosystem, as it introduces the ‘Short-term Incentive Program’ proposal. This program seeks to allocate a substantial 75 million ARB rewards from the DAO treasury to further fortify the already active Arbitrum protocol. Notably, the highest-voted option, which advocates the allocation of...

SWIFT Embraces Cryptocurrency: A New Frontier

Sep 11 2023 @ 11:21
In the 1970s, SWIFT revolutionized global payments, but its speed hasn’t kept up. International transactions still take days. Now, SWIFT is making a major move into crypto. Partnering with Chainlink, they’re experimenting with transferring tokenized assets across multiple blockchains and financial institutions. Swift is gearing up for a crypto future, aiming to create a unified...

Top Decentralized Finance Platforms in 2023

Sep 04 2023 @ 10:06
Welcome to the world of decentralized finance (DeFi), where financial services and tools, such as investments, lending, borrowing, trading, tokenized real estate, and insurance, are made available through decentralized websites. In contrast to traditional centralized finance, where banks and financial institutions typically act as intermediaries, DeFi operates on a peer-to-peer basis...

Exploring Investment Opportunities in the PayPal Stablecoin

Sep 01 2023 @ 09:29
PayPal’s entry into the world of cryptocurrencies highlights two key points. Firstly, it underscores the urgency for major financial firms to embrace the crypto revolution. By introducing its own stablecoin, PayPal now provides over 400 million users with seamless access to digital assets, enhancing their ability to invest. Unlike opting for established stablecoins like Tether […]

A Guide to Friend.Tech: A New Twitter-Based SocialFi

Aug 28 2023 @ 12:25
A new social application based on cryptocurrency was launched on August 10, and since then it has gained rapid traction within the crypto Twitter community. The social application was named ‘Friend.Tech’, and it is exclusively available on mobile devices. It is built on or established on the recently introduced Layer 2 blockchain, known as Base. […]

Exploring the Concept of Wormhole: A Brief Overview

Aug 25 2023 @ 16:30
A “wormhole” typically refers to a protocol or mechanism that facilitates the interoperability and transfer of digital assets, such as tokens or data, between different blockchain networks. Wormhole solutions aim to bridge the gap between separate blockchains that might have different technical specifications, consensus mechanisms, or protocols. Wormhole technology enables the...
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