What Does HODL Mean?
HODL is short for “hold on for dear life,” and it’s a popular term among crypto investors. Although it looks like a funny misspelling of the word “hold” — and…
What Does Burning Crypto Mean?
When a cryptocurrency community decides that they want or need to destroy units of a specific cryptocurrency, they use a process called coin burning. Burning crypto is the process that…
What Is DeFi? Decentralized Finance, Explained
DeFi, short for decentralized finance, is more than just a popular buzzword in cryptocurrency. It’s a concept that is disrupting the centralized financial services model, equalizing access and bringing more…
Comcast Xfinity accounts were hacked in widespread 2FA bypass attacks.
Comcast Xfinity customers report their accounts being hacked in widespread attacks that bypass two-factor authentication. These compromised accounts are then used to reset passwords for other services, such as the…
Margin Trading: What It Is and How It Works
Regarding trading and investing, the margin is the borrowed money some traders use to execute their strategy. Buying assets on margin can help magnify your gains and returns—but it can…
Best Bitcoin Wallets – 2022
Ultra-secure Trezor and software wallet Exodus are top choices. We recommend the best products through an independent review process, and advertisers do not influence our picks. We may receive compensation…
Intangible Property – Intellectual Property
Intangible property, also known as incorporeal property, is something that a person or corporation can own and transfer to another person or corporation but has no physical substance, for example,…
Financial Institution Definition
Financial Institution – A “financial institution” includes any person doing business in one or more of the following capacities: (1) Bank (except bank credit card systems) (2) Broker or Dealer…
Currency: What It Is, How It Works, and How It Relates to Money
What Is Currency? Currency is a medium of exchange for goods and services. In short, it’s money, in the form of paper and coins, usually issued by a government and…
