What is Decentralised Finance (DeFi)?

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Decentralised Finance, or “DeFi”, is a term used to describe financial services that operate on a public blockchain. In theory, everything that is possible in the traditional finance (TradFi) sector should also be possible within DeFi, but processes are typically faster and do not require a third-party intermediary. As the name suggests, decentralised finance does […]

The Great Bitcoin Halving of 2024: Everything You Need to Know

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The Bitcoin Halving of 2024: Everything You Need to Know The year 2023 witnessed a remarkable turnaround for cryptocurrency. After a brutal bear market, digital assets roared back, with Bitcoin leading the charge. In March, the world’s most popular cryptocurrency shattered its all-time high, reaching a staggering $73,750.  Experts predict continued growth fueled by the […]

The Dangers of Crypto: How to Avoid Crypto Scams in 2024

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How to Avoid Crypto Scams As is the case within any type of malicious online activity, cryptocurrency scams can be incredibly dangerous. With the potential for individuals to experience huge financial losses, it is important that anybody involved with crypto understands exactly how these scams work and how to avoid falling for them. Regulation and […]

What Are Smart Contracts and How Do Smart Contracts Work?

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What Are Smart Contracts? Smart contracts are agreements between two entities, designed to be executed automatically when the conditions of the contract are met. Smart contracts are coded onto a blockchain, meaning that they cannot be altered. The automation of smart contracts means that there is no need for third-party intermediaries, increasing trust and ensuring […]

What is the Difference Between Layer 1 and Layer 2 Blockchain?

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Layer 1 and Layer 2 Blockchains: What Is The Difference? For many, the concept of blockchain technology is difficult to understand. Most understand that a blockchain enables the creation and use of cryptocurrencies, but not everybody knows that there are actually different types of blockchains: Layer 1s and Layer 2s. Learn more about the difference […]