cryptocurrency

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What is a decentralized autonomous organization, and how does a DAO work?

A decentralized autonomous organization (DAO) is an entity with no central leadership. Decisions get made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain. DAOs are internet-native organizations collectively owned and managed by their members. They have built-in treasuries that are only accessible with the approval […]

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What is an altcoin? A beginner’s guide to cryptocurrencies beyond Bitcoin

What is an altcoin? Altcoins explained An altcoin is an amalgamation of “alt,” referring to “alternative” and “coin,” referring to “cryptocurrency,” i.e., all coins that are not Bitcoin (BTC) are altcoins. Bitcoin was the cryptocurrency that introduced blockchain technology to the world after the global financial crisis of 2008–09.  BTC has established itself as the “gold standard”

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What is cryptocurrency? A beginner’s guide to digital currency

Cryptocurrency 101 Cryptocurrency (also known as crypto) is a digital currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions, as well as to control the creation of new units of a particular digital currency.  Many cryptocurrencies are built on blockchain technology, which is a distributed ledger enforced by a

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Fundraising 101: A beginners guide on raising funds using cryptocurrencies

When a business reaches a certain stage of development, it looks to fundraising in order to secure money and fund the next stage of development. This happens when companies need more capital to scale quickly compared with what’s available to them at present.  Crypto businesses are not immune from this but have more options at

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Cryptocurrency tax guide: A beginner’s guide to filing crypto taxes

Understanding crypto taxesThere are millions of Americans who engage with cryptocurrencies in one form or another as they continue to be adopted across the financial world. Unsurprisingly, with the success of crypto comes the tax authorities who are eager to collect their share of the revenue from activities such as cryptocurrency trading, mining and interest

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How to trade cryptocurrencies: A beginner’s guide to buy and sell digital currencies

What is crypto trading? The act of speculating on cryptocurrency price movements via a contract for difference (CFD) trading account, or buying and selling the underlying coins via an exchange is known as cryptocurrency or crypto trading. CFD trading is a type of derivative that allows you to bet on Bitcoin (BTC) price changes without possessing the

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Crypto asset segregation: How crypto asset management works

What is crypto asset management? Crypto asset management refers to the process of managing and optimizing investments in cryptocurrency assets. This involves the use of various strategies to maximize returns while minimizing risk. The basic responsibilities of cryptocurrency asset managers include market trend analysis, spotting lucrative investment opportunities, and developing and carrying out investment strategies that are

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An overview of cryptocurrency regulations in Portugal

Is cryptocurrency legal in Portugal? Blockchain and cryptocurrency innovation often raise legal questions, including whether standing legal frameworks offer answers for regulating new technological phenomena. Regulators from European political institutions and across most European countries are increasingly addressing concerns associated with cryptocurrencies. Some countries have fully embraced cryptocurrencies and merely created regulations to protect investors and promote innovation,

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Data protection in AI chatting: Does ChatGPT comply with GDPR standards?

In the 1950s, Alan Turing theorized that computers could interact with humans. As early as 1966, the first chatting — or chatbot — software, Eliza, emerged as a natural language processing (NLP) computer program invented by Massachusetts Institute of Technology computer scientist Joseph Weizenbaum.  Artificial intelligence (AI) chatting is a computer program that enables customers to engage via

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