Impermanent Loss in Yield Farming: It’s Not What you Think

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...

4 Ways to Invest in Bitcoin Without Holding Any

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,...

7 Best Custodial Crypto Wallets in 2023

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,...

Bitcoin Mixers & Tumblers: Are They Legal?

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...

9 Biggest Hacks in Crypto History

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...

7 Best Non-Custodial Crypto Wallets in 2023

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...

5 Ways to Reduce Crypto Taxes in the UK

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...

The FTX Collapse Explained & How to Claim Losses

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...

Custodial Vs Non-Custodial Crypto Wallets

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...

Decentralized Finance Explained: The Future of Finance?

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....