Recently, several banks faced financial turmoil, leading to closures and sparking concerns among depositors. Let’s explore what happened to these banks and how it impacted the banking sector and the world of cryptocurrency. 1. Silvergate Bank: The Beginning of the End Silvergate Bank, a prominent crypto-friendly bank in California, faced…

Imagine finding a treasure chest full of digital gold coins called “cryptocurrencies” like Bitcoin, Ethereum, NFTs on OpenSea or FTs on JingMint. You excitedly trade and invest these magical coins, watching your digital wealth grow. But then, you’re left wondering, “Do I need to share some of this treasure with…

One of our newsletter readers [ref] asked an interesting question about how people can trade things like money, products, and services if everyone creates their own digital money (called cryptocurrency). …

Have you ever heard of money being kept safe by a secret code? That’s exactly what happens in the world of cryptocurrencies! But, how do people make sure only they can access their money and no one else? This is where access control comes in. Access control is like a…

Cryptocurrency is a type of digital money that people use on the internet. Just like regular money, there are different types of cryptocurrencies, and they can be used for buying things or saving. One interesting part of cryptocurrency is called “burnable tokens.” …

Smart contracts are like agreements in the digital world that automatically follow through on what they promise. The term “smart” is used to describe these contracts because they are designed to be smart, efficient, and self-executing, removing the need for intermediaries or manual intervention. …

In the world of digital assets and cryptocurrencies, it is important to understand the differences between non-fungible tokens (NFTs) and fungible tokens (FTs). Both NFTs and FTs are types of tokens that exist on the blockchain, but they have different properties and uses. FTs are a type of token that…

The recent news about the collapse of Silicon Valley Bank highlights the importance of creating your own cryptocurrency. With the rise of cryptocurrencies in the world of finance, more people are considering creating their own digital currencies. …

Have you ever wanted to create your own money? In the past, that might have sounded like a silly idea, but with the rise of web3 and blockchain technology, it is becoming more and more possible. However, creating a cryptocurrency can be a complex process and requires a lot of…