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Crypto fact sheet - what is cryptocurrency exactly?

If you’re completely lost by all the talk about blockchain, Bitcoin, and other digital assets, you may have wondered: what is cryptocurrency?

It seems like crypto has taken the world by storm. At its highest point, a single Bitcoin was worth a little over $60,000, and the digital coin even became an official legal tender in the Central American country of El Salvador.

If you don’t know what crypto is, all this can seem really confusing. That’s why it’s important to take a step back and learn a

Should you store NFTs in a hardware wallet?

Wondering if you should store NFTs in a hardware wallet? The answer is probably yes. NFTs, or non-fungible tokens, have exploded in popularity in recent years. By the end of 2021, the NFT market was estimated to be worth a little over $40 billion.

This increase in value also means that NFT hacks and thefts are rising. In February of 2022, some users on OpenSea, one of the largest NFT marketplaces, suffered a phishing attack that resulted in $1.7 million worth of NFTs being stolen.

Other phishi

4 facts about crypto-backed lending

Crypto-backed lending is one of the most popular sectors within DeFi. Crypto lending provides a faster, more accessible alternative to traditional loans and usually comes with better loan terms, too.

Here are four facts about crypto-backed lending you should know:

1. Combined, the three largest DeFi lending platforms had $7 billion worth of assets deposited on their platforms in 2020 – a growth of 734% from the previous year

The explosive growth in the amount of assets on crypto lending platf

Athletes, artists, and NFTs

Curious about athletes, artists, and NFTs and why NFT entrepreneurship has been taking off recently? Celebrities from Jack Dorsey to Dolly Parton are coming out with NFTs. But NFT entrepreneurs take it beyond just selling non-fungible tokens – they create real businesses around the digital asset.

Below, we’ll explore the world of NFT entrepreneurship, including why celebrities are getting into NFTs, what being an NFT entrepreneur means, and some of the creative ways celebrities are building the

3 ways to buy gift cards with crypto

Looking to buy gift cards with crypto and not sure where to start? Gift cards are a great workaround to at stores that don’t take it directly. There are several different sites that allow you to trade your crypto to popular stores like Amazon, Starbucks, restaurants, and more.

Below, we’ll list three of the most popular sites that let you buy gift cards with crypto.

Bitrefill is a popular option for buying crypto gift cards – they are available in 170 countries and offer cards to over 1,600 bu

3 facts about crypto gift giving

Look for some facts about crypto gift-giving? Gifting crypto has become an increasingly popular choice for younger generations excited about digital assets. whether someone is looking to invest or spend it.

And the good news is that giving crypto as a gift isn’t complicated! Check out these three things you need to know about how it works:

1. Gift cards are one of the easiest ways to give crypto as a gift

Giving crypto as a gift can be done in several ways, but the easiest is through . This o

Ripple CEO partners with environmental groups over Bitcoin energy usage concerns

In addition, Michael Brune, former executive director of the Sierra Club, is joining the initiative as a campaign advisor.

proof-of-work adds to Bitcoin’s strength and helps it remain truly decentralized. They say the campaign likely won’t change anything, and forcing Bitcoin to use a new consensus model could be harmful to the digital currency’s existing infrastructure.

What is the goal of the campaign?

“Change the Code, Not the Climate” wants Bitcoin to switch away from a proof-of-work (PoW

How to get your tax refund in crypto

Wondering if it’s possible to get your tax refund in crypto? Well, the good news is you can! If you got a nice refund this year and want to put it toward crypto, there are a couple options for you to do so.

While the IRS does not issue refunds in crypto directly, there are a couple third-party software platforms that help you receive your tax refund in crypto. Below, we’ll discuss what these options are, as well as the pros and cons of getting your refund in crypto.

How difficult is it to get

4 crypto banking terms you need to know

There are many crypto banking terms that might be confusing for someone new to the crypto world. Crypto banking is a growing industry, and understanding how it works is important to take advantage of the crypto financial services it has to offer.

Check out these four must-know crypto banking terms.

you’ll probably come across while reading about crypto banking, though it isn’t exclusive to the crypto world. It’s a portmanteau of “financial technology” and refers to any technology company that

$625 million worth of crypto stolen from Ronin Network

After hacking the private keys, the hackers were able to take over four validators from the Ronin Network . They gained control over a fifth from a third-party validator run by the Axie decentralized autonomous organization (DAO).

, the hackers discovered a flaw in the validator system that allowed them to commit the attack.

“The validator key scheme is set up to be decentralized so that it limits an attack vector, similar to this one, but the attacker found a backdoor through our gas-free RPC

4 cryptos that appeal to investors over 40

With thousands of cryptocurrencies out there, it can be hard to find the right cryptos that appeal to investors over 40 years of age. It’s no secret that Gen X and boomers are investing less in crypto than younger generations.

Older investors who might be more skeptical of digital currency should look to asset-backed cryptos as great first-time investments in the crypto world. Below, we’ll get into four of the top asset-backed coins!

4 cryptos that appeal to investors over 40:

It’s no surpris

5 crypto banks to watch

Crypto banks are on the rise as more people discover crypto. In fact, the demand for crypto-related financial services will likely increase in the near future, and financial institutions will need to work to fill this need. There are many platforms purely dedicated to crypto, but there are also many traditional banks integrating crypto services into their platforms to satisfy their users’ requests.

Let’s go over five of the top crypto banks to watch:

5 crypto banks in the U.S. and Europe


3 things every Gen X crypto investor needs to know

A Gen X crypto investor might have a lot of concerns about the world they’ve just decided to enter. After all, Gen Xers as a whole haven’t been as bullish on crypto as younger generations, and many are hesitant about investing for several reasons.

As the generation with the most debt—even more than millennials—it makes sense that Gen X would be wary of investing their money in something so new.

But for a Gen X investor who’s decided to take the plunge into crypto, what are three crypto investi

6 major companies that accept crypto

Looking for companies that accept crypto as payment? There are actually many mainstream retailers already accepting cryptocurrency through third-party payment networks. Below, we’ll take a look at six of them and how you can pay with your cryptocurrency at each one.

Want to use your Bitcoin for your morning latte? You can pay with crypto at Starbucks through an app recently added the ability to use Ether

It works through the Starbucks app, where it’s available as an alternative payment option.

How to explain crypto (Part 7 of 7)

Are you wondering how to explain crypto to your parents – or any older relatives – in a way they’ll understand? Crypto can definitely be a complex subject, but anyone can understand it if they try!

That’s the purpose behind this series: to learn how to explain crypto in a way anyone can understand, particularly older generations who weren’t raised in the digital age.

how you can give crypto as a gift to others or donate it to nonprofits. Now we’ll explore our last use case: what, if anything,

4 non-profit organizations that accept crypto donations

Looking for some great nonprofits that accept crypto donations? As cryptocurrency becomes more popular, an increasing number of organizations are starting to accept it. You can use your crypto to support some of the best nonprofits making a difference in areas like the environment, humanitarian aid, education, and more.

Check out these four organizations that take different types of crypto:

Founded in 1919, Save the Children is dedicated to combating poverty and providing education, food, heal
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