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

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

The development of web3 technologies Web 1.0: Read-Only (1990-2004) Tim Berners-Lee was working on the protocols that would become the World Wide Web at CERN in Geneva in 1989. His concept? To develop open, decentralized protocols that allowed information to be shared from anywhere on the planet. Berners-Lee's invention, now known as 'Web 1.0,' was first implemented between 1990 and 2004. Web 1.0 consisted primarily of static websites owned by businesses, with little to no interaction betwee

With Dogecoin's appearances on American television and bitcoin's gaining acceptance on Wall Street, cryptocurrency is reaching a larger audience than ever before. Rising prices are undoubtedly appealing to newcomers, but they should be informed of the hazards before investing. If you're new to cryptocurrency and wondering whether to invest, here are 10 things you should know before you buy anything. 1️⃣ Put in no more than you can afford to lose Many other investments are riskier than cryptoc

In the cryptocurrency business, a "rug pull" occurs when a development team abruptly abandons a project and sells or eliminates all of its liquidity. The name is derived from the expression "take the rug out from under someone," which means to abruptly remove support. Rug pulls flourish on DEXs because, unlike centralized cryptocurrency exchanges, these types of exchanges enable individuals to offer tokens for free and without audit. Furthermore, token creation on open-source blockchain protoco

A rebase token, also known as an elastic token, is a cryptocurrency whose supply is algorithmically modified in order to regulate its price. Rebase tokens, like stablecoins, are often tied to another asset. However, rather than utilizing reserves to keep the peg, rebase tokens automatically burn or mint new tokens in circulation. The quantity of a rebase token can be very unpredictable, but its price tends to remain stable depending on whatever asset's price it is monitoring. Every cryptocurren

A utility token called Binance Fan Token was released by the Binance exchange on the BNB Chain. Fans from all over the world can easily connect with their favorite clubs thanks to these tokens, which are linked to clubs, sports teams, or celebrities in the sports world.

Centralized exchanges (CEXs) are large-scale organizations that coordinate cryptocurrency trading, similar to traditional asset exchanges such as stock exchanges. Exchanges are, in essence, markets. They are beneficial when a big number of individuals are attempting to purchase and sell the same sort of asset at the same time. Famous exchanges in the traditional economy include the New York Stock Exchange and the London Metal Exchange. Binance, Coinbase, Gemini, and Kraken are some well-known c

This article will provide you with necessary guidelines for all functions on GameFi.org Digital Collectibles (GDC).

If there is one important finding coming out of the NFT space, it’s that people go wild for PFP NFTs. From CryptoPunks to Bored Apes, more so than almost everything Web3 has encountered thus far, NFT aficionados are enthusiastic about generative avatars. So it makes perfect sense that Reddit Collectible NFT Avatars are outperforming everyone's expectations in the constantly changing market. The success of Reddit NFTs may be attributed to the platform's first NFT collection, which was published