Category: Learn
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What is Web3?
In the ever-evolving world of technology, the term “Web3” has been making waves. It represents the next paradigm shift in the evolution of the World Wide Web, offering a decentralized and more immersive online experience. In this article, we’ll explore the journey of the web from its humble beginnings to the emergence of Web3, its…
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DApp: Decentralized application run on a blockchain network
In the ever-evolving landscape of blockchain technology, decentralized applications, or DApp, have emerged as a revolutionary force, reshaping the way we interact with the digital world. This comprehensive article delves deeply into the world of DApp, providing an extensive exploration of their history, functionality, key features, types, use cases, as well as their pros and…
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From Mt. Gox to FTX: A Decade of CeFi Hacks, Part II
This content provides an overview and timeline of various significant cryptocurrency exchange and CeFi hacks and breaches from May 2016 to September 2018, detailing the methods of attack, the amount stolen, and the aftermath of each incident. Here is a summarized overview: Details of CeFi hacks Events Gatecoin, a crypto exchange located in Hong Kong,…
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From Mt. Gox to FTX: A Decade of CeFi Hacks, Part I
In the rapidly evolving landscape of digital finance, Centralized Finance (CeFi) platforms have been both a boon and a bane. While they have democratized access to financial services and assets, they have also become hotbeds for security vulnerabilities, attracting hackers and cybercriminals like moths to a flame. The title “From Mt. Gox to FTX: A…
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What is bitcoin and how does it work?
In the rapidly evolving landscape of modern finance, Bitcoin has emerged as a groundbreaking digital asset that challenges traditional notions of currency and investment. Born from the ingenious mind of an anonymous creator, Satoshi Nakamoto, Bitcoin represents a seismic shift in how we perceive and utilize money. This decentralized digital currency has captured the imagination…
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Crypto Wallet: Your Key to Securely Managing Digital Assets
In the rapidly evolving world of cryptocurrencies, the importance of secure and user-friendly crypto wallets cannot be overstated. These digital tools serve as the gatekeepers to your virtual riches, allowing you to store, send, and receive cryptocurrencies safely. In this comprehensive guide, we will dive deep into the world of crypto wallet, exploring their types,…
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Decentralized Finance: 4 Challenges to Consider
A world without banks could be possible through decentralized finance (DeFi), a market worth $77 billion that offers a more efficient alternative to traditional banking. In DeFi, transactions are executed automatically, and people can trade directly with each other through blockchain-based smart contracts, without the need for intermediaries like big banks. MIT Sloan finance professor…
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Blockchain Oracles and their Problems
The inability of smart contracts to access external data has been a significant limitation in the implementation of blockchain technology in various industries. Oracle has emerged as a solution to this problem, serving as an interface that delivers external data to smart contracts. The type of data delivered by an oracle can vary depending on…
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What is Decentralized Exchange(DEX)?
Decentralized exchange (DEX) has emerged as a groundbreaking innovation in the world of cryptocurrencies. This platform is challenging the traditional centralized exchanges by offering a new way to trade digital assets, emphasizing security, transparency, and user control. In this comprehensive article, we will delve into the world of decentralized exchanges, exploring their technology, advantages, challenges,…
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What are Bitcoin Mixers?
Money laundering, the process of disguising the origins of illegally obtained funds, has undergone significant transformations in the digital age, particularly with the advent of cryptocurrencies like Bitcoin. In response to increased scrutiny from regulators and law enforcement, users have turned to Bitcoin mixers as a means to enhance financial privacy and anonymity. These mixers,…