Guides

A bounty hunter is a professional tasked to capture criminals for a commission or a bounty. It has enabled people from all walks of life to earn a living; crypto bounty hunting is payable through bitcoin, which is later convertible to a different currency of your choice. Bounty hunting has lately become popular and accessible, at least when it comes to the world of cryptocurrency. With all the technology, the bounty is payable through cryptocurrency after completing your task. Bounty…

Algorithmic trading, also called automated, or black-box trading is an emerging trend that has seen a massive surge in recent years. A study shows that it now accounts for up to 80% of all forex trading. As the name implies, algorithmic trading involves the execution of orders using a defined set of instructions or algorithms on a computer program. The aim is to maximize speed and data processing beyond human capabilities, replacing the slower traditional human trading. Opportunities at faster…

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…

Sentiment tools are powerful when used in crypto trading. They allow traders to gauge distinguished crypto markets and check their strengths and weaknesses. Arguably, sentiment analysis is underutilized as far as traders' arsenal is concerned. Many misconceptions are found to challenge the tool's applications in analysis.  Sentiment analysis tools enhance good yield if used accordingly. Interestingly, crowd thoughts buy when sentiment is high and trade when it is low. Getting solitary ideas and using the tools can help achieve maximized returns.…

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…

Coinbase managed to help its clients save 75.2% in transaction fees and reduce their daily transaction count by 95% by batching Bitcoin transactions. Transaction batching combines multiple transactions into one rather than creating a new transaction for every request. As a result, it dramatically reduces the costs of transacting bitcoin and the overall Bitcoin network load, allowing it to fit more in a smaller space. Currently, many popular Bitcoin exchanges use this scaling technique of payment batching. In addition, many wallets…

Cryptography is an art that involves taking comprehensive information and tuning it to gibberish for secrecy, then decoding it for it to be comprehensive. The art dates back to 1900 B.C. However, it wasn’t until the 19th century that it went beyond encryption to electromechanical devices. Cryptography advanced around World War 2 with its extensive use as a weapon. It played a significant role in the war era in transmitting vital information used to synchronize attacks. Since then, there have…

If you are a cryptocurrency enthusiast, you must have come across DeFi, space's current pet subject. As of 03 September 2023, it had locked assets with a total value of over $38.5 billion. It grew exponentially from an initial $677 million in early January 2020. But what is DeFi? How does it compare to traditional financial systems? Significantly, where can it find practical usage? This article will attempt to answer these questions. First, though, let us look at how it…

Cryptocurrencies are becoming more important and relevant for both short and long-term investments. As a result, numerous countries worldwide are looking at ways to adapt, regulate, and tax them. In the United States, the Internal Revenue Service (IRS) classifies crypto assets as property. Bitcoin falls under the same regulation. So, when you sell, trade, or exchange BTC into USD or other cryptos, you have to pay a tax on the profit, if there is one. If you want to minimize or…