When you set up a cryptocurrency wallet, you’re often presented with a list of 12, 18, or 24 random words, commonly referred to as a “seed phrase” or “mnemonic phrase”. The wallet interface strongly advises you to note down these words and keep them safe, as they are crucial for securing your funds.

Decentralized finance has many similarities to traditional finance. Both share a similar value exchange medium, i.e., a “currency”, and both share a similar currency storage mechanism, i.e., a “wallet”.

The adage "not your keys, not your coins" has long served as a guiding principle for self-custody and financial sovereignty. However, the traditional method of achieving this, through the use of seed phrases, has become increasingly fraught with risk.

A dApp, or decentralized application, is a software application that operates on a decentralized system, utilizing a large number of nodes rather than a single centralized server.

Supply-demand dynamics are strong determinators of market direction and volatility. Anytime a massive event occurs that could sway supply-demand dynamics of an asset, it is immediately reflected in the asset’s market price.

Transak, a leading Web3 payments infrastructure provider, has officially launched wire transfers as a new payment method for US users to purchase cryptocurrencies. The introduction of wire as a payment method to purchase cryptocurrencies is a notable step towards enhanced accessibility and convenience for cryptocurrency enthusiasts across the nation.

The blockchain presents a wonderful opportunity for creators to publish content with provable ownership, form tight-knit communities, and be the decision-makers of their own royalties.

How much simpler the world would be if there were just one blockchain for all things Web3.

At the time of writing, there are over 100 stablecoins. In the top 10 cryptocurrencies by market cap alone, two positions are occupied by stablecoins, and five positions in the top 50.