Category: Everything Crypto

We can all agree that paying taxes is the least favorite part of investing in crypto. As we are entering a new year, let’s look at the US crypto tax rates for 2023 so that you know how much you owe to the IRS.  But before that, let’s quickly...

Central Bank Digital Currency (CBDC) is the digital version of a fiat currency issued by the country’s central bank.  Following the popularity of blockchain-based cryptocurrencies, it was only a matter of time before governments looked into the concept of bringing their own form of regulated virtual currencies, and CBDCs...

Just when the market started showing signs of recovery from its recent crypto winter, which began in late 2021, fueled by rising inflation, interest rates, a potential recession and the Terra crash, we got hit by another blow – the FTX collapse.  After reaching its peak in 2021, when...

If you’re new to DeFi and yield farming, you may see this term thrown out there again and again. But what does it exactly mean? And how does the impermanent loss in yield farming work? Impermanent loss is a recurring risk or drawback we see in yield farming and...

Why would you want to invest in Bitcoin without holding any? The answer to this is a little complicated.  Due to the rising popularity of cryptocurrency, NFTs and blockchain, the masses have now started to take notice. According to a survey conducted in 2021 of around 1700 American adults,...

What makes a custodial crypto wallet the best? It’s not a single thing. The best crypto wallets in the market offer a combination of strong security measures, insurance and excellent customer support.  Even though you get a custodial wallet by signing up on a centralized crypto exchange by default,...

What is the need for Bitcoin mixers when crypto is untraceable anyway, right? Wrong.  There is a massive misconception that crypto transactions are untraceable. But that is not true. You can use crypto anonymously without revealing your identity, but every transaction is stored in the blockchain record and can...

The crypto industry, especially the DeFi sector, has been hit by a string of high-profile hacks this year. Some of the biggest hacks in crypto history occurred in 2022 alone, including THE biggest hack – the $625 million Ronin Network exploit.  What does this tell us about the current...

Multiple factors go into choosing the best non-custodial crypto wallets, primarily their credibility, security, multi-currency support and easy user interface. These are the building blocks for not only non-custodial or self-custody wallets but all crypto wallets in general.  Based on these factors (and more), we have curated a list...

Buying and selling cryptocurrencies (including some other activities) attracts taxes in the United Kingdom. As a taxpayer, you would want to reduce your crypto taxes in the UK as much as possible.  But what are some ways to do that? Well, that’s what we’ll address in this article. Even...