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Risk Management in crypto Market

Crypto trading might be a successful method to gain money, but it is not without risks. A trader must understand how to handle these risks to maximize earnings and avoid losses. Several traders have used AI-based solutions to manage risk in cryptocurrency trading. Moreover, we will examine AI-based solutions for risk management in crypto trading..

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Ways to store Cryptocurrency wallet and measures to consider before storing

The term “store cryptocurrency” refers to the act of holding or keeping digital currencies in a secure manner. Cryptocurrencies are typically stored in digital wallets, which are software applications that allow users to securely store, send, and receive their digital assets. These wallets can be web-based, software-based or hardware-based Cryptocurrencies are stored in purpose-made digital

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Cryptocurrency Software Wallets: categories, types, Advantages and downsides of Crypto Wallet

Cryptocurrency wallet is like a digital bank account for your crypto assets. It allows you to securely store, send, and receive digital cryptocurrencies. Many wallets also support other digital assets, such as non-fungible tokens (NFTs). Cryptocurrency software wallets allow crypto investors to safeguard their assets. Additionally, most leading crypto wallets also enable users to buy,

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The Blockchain and AI Connection

The future potential for the relationship between blockchain and AI is enormous. One can anticipate further developments in privacy-preserving machine learning algorithms, expansion of decentralized AI markets, and accountability and transparency in AI systems as technology evolves. A number of industries can be transformed by the synergistic bond  between Blockchain and Artificial intelligence Huge data

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What Crypto burning is, it’s benefits and downsides.

With the advent of so many new tokens emerging, one would expect the cryptocurrency community to contain many tokens with little to no value, but with the help of token burning, that’s not the case. Burning tokens is a not-so-new concept that has become popular in the crypto community, and new users are interested in

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Understanding the concept of Crypto Mining and Crypto minting

The astounding  growth of cryptocurrencies has been one of the most significant events in recent history. However, amateurs in the domain of cryptocurrencies and blockchain are more likely to have doubts regarding the creation of cryptocurrencies.  However many  may assume that crypto tokens must be minted like minting coins in the real world. What is

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NFT’s rarity and how to calculate it.

  Nonfungible token (NFT) is the only one of its kind and possesses significant cultural or historical value that is considered a rare and must-have artifact. NFT’s rarity is important as it plays a pivotal role in its perceived cultural and artistic significance. The importance of NFT’s rarity is essential because it predominantly influences the

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NFT’s rarity and how to calculate it.

Nonfungible token (NFT) is the only one of its kind and possesses significcant cultural or historical value that is considered a rare and must-have artifact. NFT’s rarity is important as it plays a pivotal role in its perceived cultural and artistic significance. The importance of NFT’s rarity is essential because it predominantly influences the market

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Chatbots and Legal Services: How AI is Improving Access to Justice

The Benefits of AI-Powered Chatbots for Legal Services The legal industry is increasingly turning to artificial intelligence (AI) to help provide better services to their clients. AI-powered chatbots are one of the most promising applications of this technology, offering a range of benefits to legal services. Chatbots are computer programs that use natural language processing

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How Blockchain Benefits the Coffee Supply Chain

With over two billion cups consumed each day, coffee is by far the world’s most popular drink. Almost every country has its unique take on the caffeinated drink, and many go to great lengths to create the perfect cup of joe. Not only does coffee play a role in the routines of families across the

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How Blockchain Technology is Revolutionizing the Gaming Industry

Blockchain technology is disrupting many industries, and gaming is no exception. This article will explore how blockchain technology is revolutionizing the gaming industry, including its benefits, challenges, and future prospects. The gaming industry is constantly evolving, and blockchain technology is disrupting the industry in numerous ways. Blockchain technology has the potential to revolutionize the gaming

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Nigeria’s National Blockchain Policy: Pros and Cons

Recently, the Nigerian Government took a remarkable stride by approving the National Blockchain Policy, a document that will spur the effective implementation of blockchain technology across various sectors of the Nigerian economy. The policy is anticipated to offer a framework for the application of blockchain technology in a variety of industries, including finance, agriculture, health,

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How Do Hardware Wallets Keep Crypto Safe?

After crypto exchange FTX’s sudden collapse in November 2022, sales for a particular piece of hardware blew up: hardware wallets that let owners hold and move crypto without being constantly connected to the internet. Sales for Ledger, one popular manufacturer of these wallets, hit an all-time high on Nov. 13, capping off the best week

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What does a Blockchain Wallet mean?

A distributed network ensures that multiple peers are accessible to accept and authorise a transaction in a decentralised platform, whether that transaction is saving or processing a file or transmitting bitcoin to your other peer. Even if some verifiers were unavailable on the network, you don’t have to wait for the transaction to be verified.

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Estate and Legacy Planning for Crypto Assets

Despite the uncertain regulatory environment in the U.S., investment and adoption of crypto assets is not slowing down.  The UK, European Union, UAE, and Southeast Asia have all enacted legislation concerning crypto assets and decentralized finance participation. U.S. investors, both individuals and businesses, remain interested in and continue to invest in and use blockchain-based systems.

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What is Auto-GPT and why does it matter?

In recent years, artificial intelligence and machine learning have made significant strides in their capacity to generate human-like language, understand context, and produce creative output. One of the most notable advancements in this field is the development of Generative Pre-trained Transformers (GPTs), which have revolutionized natural language processing (NLP) tasks. The GPT series has undergone

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What is Proof of Work in Blockchain?

The original goal for cryptocurrencies included decentralisation as a major component. To do so, a method of confirming transactions without the involvement of financial institutions was required. Proof of work was the first answer to this problem.Proof of work (PoW) is a method of adding fresh blocks of transactions to the blockchain of a cryptocurrency.

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How the agricultural industry can harness the benefits of blockchain technology

The blockchain revolution is coming. Start-ups, Fortune 500 companies and governments alike are all experimenting with the promising technology. Although it is better known as the data structure on which Bitcoin is built, blockchain’s potential uses extend far beyond cryptocurrency. The technology’s ability to instantly record, validate and share vast amounts of data could be

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What Are Liquidity Pools in DeFi and How Do They Work?

Liquidity pools are one of the foundational technologies behind the current DeFi ecosystem. They are an essential part of automated market makers (AMM), borrow-lend protocols, yield farming, synthetic assets, on-chain insurance, blockchain gaming – the list goes on. In itself, the idea is profoundly simple. A liquidity pool is basically funds thrown together in a

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Understanding Web 3.0 and its cybersecurity Implications

In the early 2000s, Web 2.0 ushered in a new era of user-generated content with interactive websites and web applications. Data breaches, input validation attacks and social engineering defined the cybersecurity risk landscape of Web 2.0. With advances in artificial intelligence and machine learning accelerating at a breathtaking pace, the transition to Web 3.0 is

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How blockchain technology revolutionizes digital ownership?

In the digital age, ownership of digital assets has been a challenge. For example, if you purchase an MP3 or an ebook online, you only own a license to use it, not the actual file. This has resulted in a lack of control and transparency for individuals and businesses that wish to own and transfer

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How a digital pound could work alongside cryptocurrencies

Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It would not earn any interest like a standard savings account (or even some current accounts), but it could increase access to

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Ripple’s Effect on Financial Advisors

The Securities and Exchange Commission (SEC) lawsuit against Ripple, related to the sale of the XRP token, has been one of the most controversial and hotly debated topics in the cryptocurrency industry. The lawsuit alleges Ripple conducted an unregistered securities offering by selling XRP, which is the cryptocurrency used by the Ripple network. The case

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What are Cryptocurrency Forensics and Asset Tracing?

Cryptocurrency forensics and asset tracing are investigative methods of tracking financial transactions on the blockchain. They are used to identify perpetrators and locate assets. The ability to identify and locate digital assets can be critical for civil litigation, criminal prosecution, bankruptcy proceedings, regulatory enforcement and judgment collection. Cryptocurrency tracing is commonly part of the investigation

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Digital Asset(Crypto) regulation a necessity?

The new world of Digit asset (cryptocurrency) has witnessed a massive growth in various part of the world starting from the European nations to Asia and down to the Africa continent. The digital currency which is designed to tackle the issue of third party and physical transactions is structured in a decentralised and centralised Exchange

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The cryptocurrency fraud: Ponzi scheme

What is Ponzi scheme?  Ponzi scheme is believed to be an investment swindle in which some early investors are paid off with money put up by later ones in other to encourage more and bigger risk. That is , Ponzi scheme deals majorly with investors money in circulation. The scheme has been carried out on

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USDC: the dollar peg coin take amidst US bank crises

The world of cryptocurrency has been channel towards bringing ease to users in the financial sector. And with the continuous growth in number of users, the more the safety and reliability is required. The digital currency (cryptocurrency) grow in it number of asset which brings about price fluctuations and a need to tie it to

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