The benefit of having your own cryptocurrency wallet is that it allows you to store your cryptocurrency in a safe and secure place. This is especially important if you are planning on holding onto your crypto for a long time. Self-custody crypto wallets differ from custodian wallets in that y...
A cryptocurrency wallet, or crypto wallet, is a software product or physical device that stores the public and private keys to cryptocurrency accounts. A key is a long string of random characters. A public key can be compared to a bank account number – which is information you can share –...
Using a public distributed ledger, Monero gained a degree of unwanted notoriety in 2018 and 2019 as being the cryptocurrency of choice for cryptomining attacks. Attackers attempted to deploy hidden Monero miners on unsuspecting users' systems, as the cryptocurrency is easier to create via the mining...
Cryptojacking is the unauthorized use of a computer to mine cryptocurrency. Here’s how it works, why it's so popular with criminal hackers, and what you can do to stop it.
The only way to access your cryptocurrency is with a code that is typically printed on a piece of paper. These wallets are generally used for high-security and long term crypto investments. Hardware Wallet. This type of cold wallet is usually a USB flash drive that stores the keys to ...
HODL is a cryptocurrency slang term that refers to holding a crypto coin or token for the long term. It comes from a typo in a 2013 thread titled “I AM HODLING” posted on BitcoinTalk, a cryptocurrency forum. With crypto assets, fundamental metrics such as a P/E ratio, dividend rate...
Cryptois short for cryptography, i.e., the art of making and deciphering codes. Acurrencyis the system or kind of money that a particular country uses. Currency also refers to banknotes and coins, especially as part of the money supply. The US dollar, British pound, European Union’s euro...
Many crypto industry participants believe that CBDCs may serve to increase understanding of digital assets overall, and ultimately lead to greater adoption of traditional cryptocurrencies over time. Is (insert coin name) a cryptocurrency? Well, it depends how you define cryptocurrency. To be certain,...
What Is a Crypto Wallet? When anyone of any age buys cryptocurrency, it needs to be stored somewhere. In most cases, if you buy a cryptocurrency on a public exchange, the crypto will be held for you in a built-in exchange wallet. If you want to take custody of the cryptocurrency,...
A common sign crypto investors watch for is the exchange inflow mean, or the average amount of a specific cryptocurrency being deposited intoexchanges.If the mean amount of coins per transaction rises above 2.0, it is believed to mean that whales are likely to begin dumping if it correlates to...