Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Guides
Malicious Attacks on Smart Contracts that Auditors Can Easily Identify
With many businesses adopting blockchain technology and Smart Contracts, offering reliable security audits in the industry has become increasingly important. Businesses may protect their assets and contracts by recognizing and preventing harmful assaults. This blog post will explore the different attacks a group of criminals can carry on Smart Contracts. We'll also look at real-world instances of assaults to help you secure your contracts. What are Smart Contracts? Understanding the Benefits of This Technology What are smart contracts? They are…
3 years ago
How Smart Contract Audit Can Help Prevent Hacks
As companies move toward implementing smart contracts, the need for technical audits becomes increasingly essential. Having a third-party auditor check your contracts for vulnerabilities can prevent your company from suffering from a hacking attack. What are Smart Contracts? A smart contract is a script that automatically carries out a contract's provisions. In addition, smart contracts are self-executing, meaning the contract will automatically execute once the system verifies pre-determined conditions. This eliminates the need for intermediaries such as lawyers and escrow…
3 years ago
Top 10 Ways to Earn Free Bitcoin in 2023
Here are the best ways to earn free Bitcoin when your wallet is light. Are you interested in Bitcoin but still want to refrain from investing money? Alternatively, are you looking to stack every sat possible without the dry powder to buy more? Here’s a secret: you can put more bitcoin in your pocket without spending a dime – or even doing real work. That’s not to say you’ll earn much bitcoin without either. After all, if Bitcoin weren’t hard…
3 years ago
What is Taro? Trading Assets and Currencies on Bitcoin
Taro leverages Bitcoin, lightning, and Taproot to enable the peer-to-peer transfer of currencies and assets beyond BTC. — Are you worried that Bitcoin is too boring to play in the growing digital asset economy? Fret no longer. Using Taro, the original blockchain network can support the decentralized exchange of multiple assets – including fiat currencies. Moreover, the protocol works with the lightning network, letting users transact – instantly and for free – with non-BTC-denominated balances. Please read below to learn…
3 years ago
What is Fedimint? The Custody Solution to Bitcoin Privacy
Fedimint combines distributed custody with blind-signed ecash tokens to let Bitcoin users transact privately. --- Despite its growth, Bitcoin still needs some limitations to reach mass adoption as a fully censorship-proof payment network. One of them is privacy. Bitcoin’s ledger is open and public, meaning anyone can track another person’s transactions if they know his public address. The other is a custody problem. While wallet software UX has improved considerably, many Bitcoin holders still store their assets with custodians, exchanges,…
3 years ago
What Is a Crypto Bear Trap in Trading?
Cryptocurrencies are often incredibly volatile and can see massive price swings in a short time. This makes them ripe for bear traps. A bear trap is a situation where traders wrongly think a coin is about to reverse a downtrend. These events often result in significant losses. This guide will discuss crypto bear traps, how to identify them, and the risks involved. Introducing Crypto Bear Traps A bear trap happens when a trader buys assets, expecting the price to rise,…
3 years ago
Understanding the GameFi Phenomenon
The GameFi industry is changing the way people think about gaming and finance. It provides a new way for gamers to interact with each other and earn money. It is also giving people a new way to invest their money. The GameFi industry has the potential to change the way these industries operate. This guide will look more closely into this new business, covering several features. What Is the GameFi Sector? The GameFi sector is a crypto-based industry that uses…
3 years ago
The Buyback and Burn Practice Explained
In a constantly evolving and growing crypto market, it is difficult for investors to know where to put their money. One popular investment strategy in the crypto space is buying tokens of teams that conduct a buyback and burn program. This guide will explore what a buyback and burn practice is, how it works, and its benefits and risks. What Is a Crypto Buyback and Burn Practice A crypto buyback and burn practice happens when a company buys back its…
3 years ago
Should You Sell Off Your Crypto Assets During a Bear Market?
Selling your crypto assets during a bear market can be a hard choice. On the one hand, selling off your assets may seem logical during a down market. But, on the other hand, you may be worried about missing out on potential profits if the market rebounds. This guide will illustrate the benefits and risks of selling your crypto assets during a bear market. While you should always research, we will share some tips for successfully doing so. What Is…
3 years ago