“SEC” refers to the United States Securities and Exchange Commission, which is a government agency responsible for regulating securities markets and enforcing securities laws. “Stablecoins” are a type of cryptocurrency that are…
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How CeFi different from DeFi and TradFi
CeFi, short for Centralized Finance, refers to a type of financial system that is built around centralized institutions such as banks, investment firms, and insurance companies. These centralized institutions are typically regulated…
Difference Between TradFi and DeFi
TradFi (Traditional Finance) and DeFi (Decentralized Finance) are two different financial systems, each with its own distinct characteristics and features. TradFi refers to the traditional financial system that is centered around centralized…
What is TradFi Term and How its Important
TradFi, short for Traditional Finance, refers to the traditional financial system that is centered around centralized institutions such as banks, investment firms, and insurance companies. It is the opposite of DeFi, which…
How to use DeFi Wallet How to put Money in it
Using a DeFi wallet is relatively straightforward, but it can vary depending on the specific wallet you are using. Here are the general steps to use a DeFi wallet: In summary, using…
What is DeFi Wallet?
A DeFi wallet is a type of digital wallet specifically designed for storing and managing decentralized finance (DeFi) assets and applications. DeFi wallets allow users to interact with DeFi protocols and applications,…
Defining DeFi and L1L2 Terms in CryptoCurrency
L1 and L2 refer to different layers of blockchain technology and infrastructure. L1 refers to the first layer of a blockchain, which is responsible for maintaining the integrity of the network, executing…
Difference between CEX vs DEX Exchanges
Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two different types of cryptocurrency exchanges that operate in different ways. Centralized Exchanges are traditional exchanges where all assets and operations are managed and…
What is CEX Centralized Exchange
A centralized exchange (CEX) is a type of cryptocurrency exchange where all assets and operations are managed and controlled by a central authority. This means that users deposit their funds into the…
Who are Bored Ape Yacht Club NFT History
Bored Ape Yacht Club (BAYC) is an NFT project featuring collectible apes that have become popular among investors and collectors. BAYC was launched in September 2021 and quickly gained popularity due to…