June 13, 2023
How to avoid becoming a money mule
With the rapid growth of the digital finance industry come not only new opportunities, but also, new risks and cleverly orchestrated scams designed to trick people with false promises or into participating in illicit financial activities. One of the scams that everyone should watch out for are money mule scams. Money mule scams are a […]
January 5, 2023
Custodial vs. non-custodial wallets
TL;DR Crypto wallets can be either custodial or non-custodial, and both allow you to store, manage, and transact with cryptocurrencies. But the two differ when it comes to the custody of the wallet’s private keys, which are used to access your cryptocurrencies. For custodial wallets, the private keys are entrusted to a third party such […]
September 12, 2022
What is phishing and how do we protect ourselves from it?
TL;DR Phishing scams are schemes designed to trick users into giving up their private data, allowing cybercriminals to access their online platforms and accounts more easily. As blockchain technology is incredibly difficult to hack, most cybercriminals resort instead to phishing methods to target users instead. As such, it i s still crucial for users to […]
June 22, 2022
What are crypto wallets?
TL;DR Cryptocurrency wallets are what we use to access our cryptocurrency. There are two types of wallets: “hot” wallets and “cold” wallets. A hot wallet is a software wallet that is always connected to the internet for easier access while a cold wallet is a hardware wallet that can be kept offline for added security. […]
June 21, 2022
How do you keep your crypto safe?
TL;DR Because the blockchain is a decentralized system, this also means that users themselves have a responsibility for safeguarding their assets. There are a number of basic steps to keep in mind such as choosing what kind of wallet to use, keeping passwords and seed phrases safely stored, and choosing only reputable exchanges to trade […]