News

Post FTX – The Propaganda Behind Proof of Reserves and Exchange 1:1 Asset Allocation

Reading Time: 4 min Do cryptocurrency exchanges hold your crypto? The truth about where and how exchanges store client funds has been a topic of concern in the crypto industry. The FTX collapse brought these concerns into the mainstream, prompting exchanges to adopt Proof of Reserves and 1:1 asset allocation. However, the truth is that not much has changed from a security standpoint, and the industry still lacks transparency on exchange asset storage. In Australia, Blockchain Australia Digital Currency Exchange Members’ Affirmation outlined the standards for exchange asset storage, but the question of third-party custodians remains. Without full disclosure, the industry may face another FTX or Celsius.

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What is the Bitcoin Fear and Greed Index?

Reading Time: < 1 min The Bitcoin Fear and Greed Index is a sentiment indicator that measures the emotions and attitudes of investors towards Bitcoin. This article provides a comprehensive guide to understanding the index, including how it is calculated, what it indicates, and how traders can use it to make informed decisions. Learn more about the Bitcoin Fear and Greed Index and its role in the world of cryptocurrency trading.

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The 100 Dollar Trending Coin Challenge – Degen Fun or Stroke of Genius?

Reading Time: 3 min Interested in investing in cryptocurrency? Blockchain Center’s 100 Dollar Trending Coin Challenge offers a potential way to earn significant returns by investing $100 in a new coin each day for 100 days. This step-by-step guide provides investors with tips on choosing a platform, researching coins, setting limit orders, and tracking their portfolio. However, it’s important to approach cryptocurrency investing with caution and a long-term perspective to manage the risks involved. Learn more about the 100 Dollar Trending Coin Challenge and start your cryptocurrency investing journey today.

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Monero: The Importance of the Privacy-Focused Cryptocurrency

Reading Time: 4 min Monero is a privacy-focused cryptocurrency that has gained a dedicated following for its enhanced security and privacy features. Its use of ring signatures and stealth addresses make it virtually impossible to trace transactions back to their origin, and its decentralized nature makes it more resistant to censorship and government interference. Monero’s importance lies in its ability to provide users with a level of protection that is unmatched by traditional financial systems, and its potential for disrupting the traditional financial system has been recognized by the wider cryptocurrency community.

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How to Start Trading Cryptocurrency – The Basics.

Reading Time: 3 min Are you interested in trading cryptocurrency but don’t know where to start? Look no further! This comprehensive guide will take you through the steps of understanding cryptocurrency, choosing a trading platform, setting up your account, developing a trading strategy, and managing risk. With the right knowledge and tools, you can start trading cryptocurrency with confidence and maximize your chances of success.

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Top 5 Crypto Hardware Wallets For Australians to Secure Your Digital Assets

Reading Time: 3 min In the world of cryptocurrency, security is paramount. Hardware wallets provide a secure and offline way to store your digital assets. In this article, we review and compare the top 5 crypto hardware wallets, including the Ledger Nano X, Trezor Model T, KeepKey, BitBox02, and CoolWallet S. Learn about their features, capacity, and user-friendliness to help you choose the best option for securing your cryptocurrencies.

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Did ASIC’s crackdown on ‘Finfluencers’ help curb industry Misinformation – The Rise of Finfluencers

Reading Time: 2 min The increasing popularity of finfluencers – social media influencers who provide investment advice and information about financial products and services – poses potential risks to both consumers and companies in the financial services industry. This article examines the regulatory risks associated with finfluencers, the potential for misleading or inaccurate information to be disseminated, and the need for transparency and compliance in any collaborations or endorsements with finfluencers. As the influence of social media continues to grow, it is important for individuals and companies alike to be aware of these risks and take steps to mitigate them.

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