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Crypto Acquiring ExplainedThe application of cryptocurrencies and their adoption would have been impossible if they had no integrated means of being used as a means of payment. Unfortunately, the lack of widespread and systematic education on blockchain technology and cryptocurrencies means that by far not all people have the knowledge about how to accept or send cryptocurrencies, even if they have any. This means that cryptocurrencies are reliant on applications, both software and hardware, to be used as a means of payment. This is where cryptocurrency payment gateways come into play, acting as a replication and mirror image of traditional payment services and tra
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Hot Trends in Crypto for 2024There are quite a number of expectations from 2024 from crypto market participants, considering the fact that 2023 was more of a sluggish interim year between a crypto winter and a highly-anticipated bull run. The market of digital assets is evolving and, given the fact that it already exists, there is no stopping its progress going forward. However, there are already a number of dominating trends that seem to be poised to take hold in 2024 and will like impact the entire market and the behavior of its participants for at least the period of the coming year, if not longer. In the given material, we will explore the main trends that should
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The Most Common Types of Crypto ScamsThe cryptocurrency space is still teeming with all manner of fraudsters, scammers, hackers and ne’er-do-wells, all seeking to profit illegally in an industry that is still suffering from lack of proper law enforcement. The year 2023 has seen a considerable decline in crypto-related crimes, according to a report by Chainalysis, largely due to the overall slump in liquidity volumes on the market, making it less attractive for criminals. Still, crime still runs rampant throughout the crypto industry and the following is a list of the most common types of fraudulent schemes encountered by users in the market in 2023. The Investment Manager
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Staking 101 – The Basics Every Crypto Enthusiast Must KnowThe cryptocurrency space is known for its many avenues that allow investors to generate passive income. One of the first and most popular means of making such income is staking. Staking lies at the heart of some of the most popular blockchain networks and is an alternative to mining in terms of both network operation management and investment. In the given material we will explore the basic principles of staking and its advantages and disadvantages. What Is Staking? If staking were to be compared to anything in the real world, then it would have to take the form of a bank deposit. Much like the money deposited in a bank, the tokens o
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Rug Pull Tactics. A Common Practice of Fraud in Crypto SpaceCryptocurrency space is well known for its mass of fraudulent activity. The malignant players of cryptocurrency space resort to a great number of fraudulent schemes to trick users into giving their money away. One of the most common types of fraud that cryptocurrency space is known for is called the rug pull tactic. What Is a Rug Pull Tactic? A rug pull is when the development team of a project suddenly vanishes, abandoning the project, and instantly sells off its native assets, or drains available liquidity. The name of the tactic comes from the malignant trick of pulling a rug out from someone’s feet, essentially making them lose thei
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When New Cryptos Emerge – The Ultimate Guide to Preliminary AnalysisThe cryptocurrency market is currently host to over 5,000 different types of coins and tokens, each of which is acting as a hotbed of interest for millions of users and potential investors. The abundance of offerings, ongoing blockchain adoption, and considerable traction in terms of legalization, are making cryptocurrencies an attractive option for investing. However, the unsightly reality of being home to countless fraudsters and bad actors is still making the cryptocurrency market quite a challenging and risky environment for new and inexperienced entrants. As new tokens or coins are introduced, potential investors should abide by a che