The case against Thodex, the cryptocurrency money exchange that has harmed thousands of users, is now being heard. Twenty-one individuals, including the fugitive CEO of the business, Faruk Fatih Ozer, are on trial in this case. It is a trial for 21 of them, including Faruk Fatih Ozer, the company’s CEO who is wanted for …
TL;DR Your crypto should be kept safe, in cold wallets if possible, no matter if you are buying, hodl’ing, investing, or both. In the vast majority cases, losing your tokens and coins is permanent and irreversible. Use centralized exchanges that have KYC and AML compliance if you want to trade cryptocurrency. The best security is …
Read more “How to Protect Your Cryptocurrency from Hackers, Rug Pulls, and Governments”
A “rug pull” refers to a scheme in which founders or developers of a project fail to fulfill their promises after receiving funds. The founders simply run away from investors after they receive an investment. This can happen with both crypto currencies and NFT projects. Different types of crypto rug pulls These frauds can be …
ERC20 is a protocol developers can use to propose improvements to the Ethereum network. ERC stands for Ethereum Request For Commitment. The proposal identifier 20 is also used. What is a token? Tokens are a way to represent anything in Ethereum: Reputation points to the online world of a platform abilities of a character in …