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Month: July 2022

A person is pointing at the crypto button on a smartphone.

Staking Review: Crypto Staking Elucidated

July, 2022
| No Comments
| Investing in Crypto

Today crypto staking is a term that is very common in the crypto world. To understand its importance, we first have to know its fundamentals. It is among the process used by cryptos when confirming transactions. This is based on the proof of stake…

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Earn rewards on every swap when you utilise the power of decentralized finance (DeFi) with bitcoin and UKcrypto tokens.

Is Nexo Legit, Safe to Use and Worth Your Time?

July, 2022
| No Comments
| Investing in Crypto

Nexo is a crypto interest and lending centralized platform that retains custody of your digital assets offering an APY of about 6-12% on several cryptocurrencies today, including Bitcoin, Ethereum, and Tron. One of the reasons why Nexo is a popular platform is because the…

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A gold ethereum coin adorned with the UKCrypto logo sits on top of a blue blockchain background.

Things to Consider Before Buying Ethereum

July, 2022
| No Comments
| Altcoins, Ethereum

Ethereum is an open-source Blockchain-based computing platform featuring smart contract functionality, which facilitates online contractual agreements. If you own Bitcoin and want to dip a toe into the waters of Ethereum, you’ll need to exchange it for ETH. Once converted, you can use your…

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All You Need to Know About Whitelisting In NFT

July, 2022
| No Comments
| NFTs

Many NFT projects use whitelists to give their customers a chance to mint tokens before any other individual. The advantage of these whitelists is that the members mint at significantly reduced prices and have a higher chance of obtaining rare tokens. Despite the idea…

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Cryptocurrency Bailouts Commence; Are They the Only Resort?

July, 2022
| No Comments
| Investing in Crypto

The chief executive officer of FTX, Sam Bankman, is being compared to John Morgan. Bankman who has stepped in to save several cryptocurrency companies from collapse due to the current market crash now resembles John Morgan, the man, back in 1907. In June, FTX…

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A Cryptocurrency Exchange Firm Suspends All Customer Withdrawals

July, 2022
| No Comments
| Investing in Crypto

A Cryptocurrency Exchange Firm Suspends All Customer Withdrawals The ongoing crypto disaster has significantly impacted several crypto exchange companies and other projects. One affected firm has been forced to suspend all customer withdrawals from its platform due to the ongoing crypto market crisis. At…

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Three arrows capital's logo, representing their involvement in the crypto industry, is displayed on a computer screen.

Arrows Receive the Liquidation Statement

July, 2022
| No Comments
| Investing in Crypto

A British Virgin Islands court has ordered that the Three Arrows Capital firm be liquidated. The company, which staked in everything from BTC to the dammed Luna tokens, collapsed to a wipeout estimated at around $2 trillion (£1.6 trillion) of the digital asset market….

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