Category: Everything Crypto

Blockchain social network platforms are the next generation of social media.  Don’t believe it? Why do you think Facebook, now Meta, announced the new metaverse platform, which is powered by Web3 and blockchain.  Twitter is also planning to integrate crypto into its platform. Something that will allow creators to...

Crypto mortgaging is officially a thing now. Milo, a US-based crypto mortgage provider, recently announced that they crossed $10 million in total loan amount provided in crypto mortgages.  Believe it or not, it’s a significant milestone for the crypto mortgage market, especially considering how recent it is. It also...

Alright, we admit it. The title is a little clickbaity. There IS no way to completely avoid crypto taxes in the US, at least not in theory (more on this later). However, thanks to a few tax breaks and loopholes, there are ways you can effectively reduce your tax...

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...