A whitepaper summarizes the key details of a blockchain or cryptocurrency project in a single document. It's a common method to describe how a project works and the issues it aims to solve. Definition A whitepaper is typically a report or manual that instructs readers on a particular subject or problem. To explain to users what they are doing and why, developers could, for instance, write a whitepaper about their program. A whitepaper is a document that helps describe the important features

What are Crypto scams? Crypto scams are similar to other types of financial scams, except that the scammers are seeking your crypto assets rather than your money. Many of the same tactics used in other financial crimes are used by crypto scammers, such as pump-and-dump schemes that lure investors into purchasing an asset with false claims about its value or outright attempts to steal digital assets. According to Shane Cummings, wealth adviser and director of technology and cybersecurity at Ha

The Monetary Authority of Singapore (MAS) defended its stance on Binance.com and the collapsed cryptocurrency exchange FTX, following complaints about the unequal treatment of the two companies since the regulator had earlier warned the public about Binance.com. Previously, Binance took actions to show that it has ceased soliciting and offering services to Singapore consumers, such as geo-blocking Singapore IP addresses or removing its app from Singapore app stores. MAS said: “Should Binance d

A bull market (or bull run) is a financial market condition in which prices are rising.

A period of falling prices in the financial market is known as a bear market. For novice traders, bear markets may be quite hazardous and challenging to trade. Investors may never return to the financial markets as a result of their ease in causing significant losses. In a bear market, investors frequently have a downward expectation for prices, or they are "bearish." This also implies that the general market mood is rather negative. This may not necessarily indicate that all market participant

Ethereum Climate Platform (ECP) will invest in climate projects that promise and have potential to mitigate Ethereum’s historic emissions.

23. Cryptosis Cryptosis refers to someone who is obsessed with cryptocurrency and cannot stop talking about it. 24. Flippening/Flappening In 2017, the term flippening was used to denote a probable flip in the largest cryptocurrency. It refers to a hypothetical occurrence in which Ethereum (ETH) overtakes Bitcoin (BTC) as the leading cryptocurrency in terms of total market capitalization (the total number of tokens in circulation multiplied by the value of 1 token). Charlie Lee created the te

Sorare is a NFT fantasy sports game. In Sorare, players can control a virtual team, buy, sell, trade and use  digital player cards in the form of Non-Fungible Tokens (NFTs). Sorare raised $680 million in a Series B investment deal in September 2021, which was coordinated by SoftBank's vision fund team. The corporation is currently valued at $4.3 billion. The French startup was in a battle with the French National Gambling Authority (ANJ), which believed that the NFT fantasy game should be class

Definition When the buyer and seller in a transaction are the same people or two persons working together, this is known as "wash trading." It is prohibited in traditional financial markets because it misleads the rest of the market about the genuine amount of demand, distorts prices, and encourages others to trade based on false information. Since the Commodity Exchange Act (CEA) passage in 1936, this activity has been illegal in many traditional markets in the United States. However, the pr

Since leaving The Walt Disney Company, Bob Iger has served as a board member and advisor for Genies, a platform for creating digital avatars. Bob Iger, a supporter of the metaverse, has unexpectedly announced his return to his previous position as CEO of Disney, taking over from now- Bob Chapek, a former CEO. Iger is best known for his 15 years as the CEO of the global entertainment company, but the Disney executive also gained notoriety in the cryptocurrency world after joining the board of di