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What is a phishing attack in crypto

What is a Phishing Attack in Crypto, and How to Prevent it?

What is Phishing and How to Prevent it?  To mislead a target into releasing sensitive information or handing over money during a phishing assault, users are frequently tricked into providing their sensitive data through phishing websites. Although an individual may be the sole target of a phishing assault, the attacker’s main objective is typically to …

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The Frozen, Seized, and Forfeited Status of Cryptocurrencies

Sure, cryptocurrencies are a relatively new form of financial technology. But they’re already subject to some very old laws.  In fact, the concept of cryptoasset realization and how cryptocurrencies are frozen is as old as money itself. And when it comes to how cryptocurrencies are frozen and cryptocurrency forfeiture laws, there’s a lot more than meets …

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What is a governance token

What is a Governance Token?

Introduction to Governance Tokens One of the key features of the cryptocurrency and web3 ecosystem is tokens. The distinction between fungible and non-fungible tokens is reflected in a large portion of discourse surrounding tokens. The many sorts of tokens include governance, utility, platform, and security tokens, among many more. Now, these governance tokens have emerged …

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What is the Difference Between Non-Custodial Wallets and Custodial Wallets

What is the Difference Between Non-Custodial Wallets and Custodial Wallets

Are you wondering why you are suggested so many types of crypto wallets as you are about to begin your crypto journey? The answer is simple, different kinds of crypto wallets offer different perks to the users. Many users think that these wallets hold the assets that a user has, but they only store the …

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Function of Liquidity Provider (LP) Tokens

The Function of Liquidity Provider (LP) Tokens

Decentralized exchanges (DEXs) are growing rapidly because of the fast expansion of DeFi. There are lots of new investors who want to trade crypto assets through DEXs. This has led to a decrease in the overall liquidity on the platforms. Lack of liquidity means slower transactions and people not getting assets at the price they …

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What Is a Flash Loan Attack

What Is a Flash Loan Attack? And How Do I Prevent It?

With the growing interest in cryptocurrency, you can expect to see more opportunities for DeFi or decentralized finance in the future. DeFi’s goal is to create a permissionless, transparent, and decentralized financial ecosystem using blockchain networks. On April 17, 2022, hackers used the DeFi platform Aave to make massive gains on the Beanstalk Farms stablecoin …

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What Is A Mainnet In Cryptocurrency

Beginner’s Guide: What is a Mainnet in Cryptocurrency?

The concept of cryptocurrencies has fascinated people all over the world for quite some time. Every person wants to take advantage of the digital currency asset class to earn huge returns. Consequently, there has been a surge in the number of investors signing up for initial coin offerings for cryptocurrencies.  People who want to understand …

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