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...

Crypto is going through a rough patch this year. First, the declining market, then the hacks and the Terra crash and now this – the FTX collapse.  What started with a simple CoinDesk report on some insights into the balance sheet of Alameda Research quickly turned into one of...

In 2022, the total number of crypto wallets reached over 81 million. And those are just the ones created on Blockchain.com. With cryptocurrency gaining more mainstream attention, the number of new wallets created every day, week, month and year are increasing rapidly. If you’re one of these relatively new...

At its core, DeFi, short for Decentralized Finance, aims to decentralize the entire financial infrastructure to eliminate the middlemen and third parties, like banks, from our everyday transactions.  That was the idea behind DeFi.  Now, whether or not people are using it with that intent is a different question....

The three-year-long lawsuit involving the IRS and how it treats crypto staking taxes finally came to an end a couple of months ago. Or did it?  The IRS never clarified its position on crypto staking. The closest thing we have to that are guidelines for mining rewards, based on...

What does the recent surge in cross-chain bridge hacks tell us? That they are the new favorite targets for hackers.  But why? Almost every day, a new cross-chain protocol gets hacked, and funds get stolen. Is it because cross-chain protocols are more vulnerable to hacks? Or are there any...

Crypto hacks are one of the most pressing challenges stopping the widespread adaptation of crypto and blockchain technology in the traditional finance space.  According to a Chainalysis report, more than $3 billion worth of cryptocurrency has been stolen so far in 2022 alone.  Firstly, in a climate like this,...

In a significant historical event, Ethereum finally shifted from its Proof-of-Work (PoW) consensus mechanism to the Proof-of-Stake (PoS) system on 15 September 2022, as it was always intended to since its very conception in 2013. This is what everyone is referring to as the Ethereum Merge.  By reducing Ethereum’s...