-
DEX SecurityA decentralized exchange is a platform that specializes in the trade of digital assets like cryptocurrencies and NFTs. By virtue of being based on the blockchain, a decentralized exchange, or DEX, can access the network and perform all of the same operations like a centralized exchange. However, unlike its centralized counterpart, a decentralized exchange does not act as an intermediary legal entity – it allows users to interact on a peer-to-peer basis, providing them merely with the interface and infrastructure facilities needed. All decentralized exchanges perform trustless operations by relying on automated smart contracts that act as c
-
The Perils of AI-Assisted TradingThe advent of artificial intelligence heralded a new era in both data processing and the utter diminishment of human critical thinking and information analysis. The ability of AI to process vast amounts of information makes it an ideal instrument for the identification of possibly beneficial grains of data that can be used to derive insights and trends. However, the forecasting abilities of AI are extremely limited, since they rely on the information that the machine is provided with. Considering that the AI is devoid of the ability to apply critical thinking and distinguish truth and facts from garbage data, the reliability of the derivation
-
How not to become a victim of scammers?Let's talk about saving your crypto assets, shall we? All crypto operations are considered risky by default, and this sphere, like any other where big money is spinning, attracts scammers. At risk are novice crypto investors who may not fully understand how the market works. We have collected the main fraudulent tricks that are important to remember: Spam in direct messages. Messages can be of any kind! Someone can ask to subscribe to his channel, and someone, more arrogant, can ask to send coins for staking through a bot. Be careful. A benevolent person will not start a conversation with strange offers. Do not react to such provocations a
-
How to not be dropped by a fake airdrop?Airdrop is not a charity, but a marketing game. You will not be given a fortune. A nice bonus is needed in order to attract you to the platform and stimulate your activity. And yes, in most cases this is a great option to get acquainted with a new project and have a small start-up capital. What should be remembered? Airdrop is always free. Absolutely. An attacker may ask you to buy a certain amount of coins and promise that you will be given even more after the purchase. It won't happen. The scammer may also ask to “unlock” the tokens for a fee or “repurchase” an airdrop at a discount. Of course, you will not get any bonuses, and the mo