Altcoins

Since the inception of bitcoin in 2009, there has been a surge in cryptocurrencies, driving a lucrative crypto market. Although the market has excellent returns, escalating insecurity, privacy infraction, and scams drive investors away from investing in the crypto world. There are many insecurity risks like phishing, hacking, impersonation, and malware attacks intending to take advantage of unsuspecting persons.  However, the most common crypto risk is scam coins, which lead to the loss of billions of dollars annually, thus driving…

Finding the value of cryptocurrencies can be quite daunting, especially for beginners. Nonetheless, it's crucial to value crypto assets to calculate their fair market value and predict future or possible market prices. Unlike bonds, stocks, and real estate, where the value of investments is evaluated based on the company's financial statements, historical price charts, etc. Crypto assets are evaluated using varied methods. Common ways of valuing financial assets in traditional markets include the P/E method or Price/Earnings ratio, discounted cash…

Cryptocurrencies revolutionized the financial sector and are slowly taking over the traditional banking system. For a long time, conventional banking has been associated with slow and inefficient transactions, especially when it comes to transaction fees. Intermediaries, or rather banks and other financial institutions, are part of what makes financial transaction costs relatively high. However, this third-party influence in financial transactions ended when Satoshi Nakamoto introduced Bitcoin, the first cryptocurrency. Bitcoin and other first-generation cryptocurrencies allow the transfer of currency from…

We talked before about Universal Market Access (UMA) and its revolutionary mission to provide access to all-known assets to anyone in the world. If the project powered by Risk Labs had your investor's sense tingling with joyous expectation, you would be glad to know that today we dive deeper into UMA and explain its Data Verification Mechanism (DVM) in detail. Why DVM is Necessary UMA is an ambitious initiative. However, the plan to drag legacy financial markets, especially derivatives, onto…

Several factors within the cryptocurrency market are essential determinants of their outcome. These are volatility, demand, regulations, media presence, listings, technological advancements, etc. However, one that most people do not account for is the crypto whales. Over the past couple of months, the number of crypto whales has risen as more people get into cryptocurrency trading. Due to more cryptocurrencies, professional traders can earn more coins presenting the opportunity to become whales. Cryptocurrency whales are individuals or organizations holding large…

The Ethereum 2.0 update continues to be one of the most anticipated crypto events of the year. Ethereum 2.0 is a multi-lab initiative that seeks to take the world's second-most popular cryptocurrency to new heights. The upgrade will introduce a host of new features and functionalities to the network. Specifically, the new protocol improves speed, efficiency, and scalability. In addition, developers believe the integration will alleviate congestion and lower gas costs for smart contract developers. Importantly, gas is the currency…

In June 2018, a post by Forbes magazine focused on a crypto enthusiast's tweet discussing the deep manipulation in the crypto market. The Twitter account user cited many practices of crypto exchanges that are illegal in traditional exchanges. Some of these practices include wash trades, spoofing, and front running. Market manipulation involves a collection of different practices to influence the market for personal gain. Therefore, it is vital for you, as a crypto enthusiast, to better understand market manipulation and…

As the decentralized economy expands, developers seek new and exciting ways to unlock liquidity in the blockchain sector. Among these new concepts, the pToken strategy has proven superior technology. pTokens are a type of Ethereum token representing a 1:1 peg with another blockchain asset. Importantly, the "p" in pTokens is provable, portable, and pegged. pTokens are pegged on a 1:1 basis to their underlying digital asset. This enables user access to cross-chain markets without the need to trade their token…

Whenever anyone talks about ICO financing, every crypto enthusiast recalls Ethereum's launch in 2014 as an ICO project. Ethereum has seen great success since its launch and has been able to compete with crypto giant Bitcoin. ICOs primarily deal with the introduction of new cryptocurrencies into the market. The main advantage of ICO to investors is liquidity and decentralization. Unlike other opportunities that bound capital for several years, ICO's capital is accessible from the time of holding. ICOs are also decentralized…