Infura, the service provider of Metamask, one of the most used smart contracts-based wallets, blocked the access of Venezuelans to the Ethereum blockchain. Reports about this happening circulated on social media, attributing it to the existence of sanctions that the infrastructure provider might have applied to Venezuela. However, Infura later stated this was the result […]
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CEO of trading firm Genesis, Michael Moro, stated that according to his views the decentralized finance (defi) space is still too risky for institutions to step in. Moro explained that there have been some important mistakes made by high-profile defi protocols that are putting customers’ funds at risk. This is why the space is being […]
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Blockfi, a cryptocurrency lending platform, wrongly distributed a set of payments to a group of customers, who found deposits of up to 700 BTC in their accounts. While most weren’t able to withdraw these funds, in the confusion, other customers that applied for withdrawals are now being threatened with legal actions against them. Blockfi Messes […]
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There are many pitfalls one can easily get caught in when using, storing, investing or trading cryptocurrencies. While some mistakes could cost you a fortune, most of the common ones can easily be avoided. Bitcoin.com has produced a video featuring the top seven deadly mistakes crypto owners should avoid. Also read: ‘No-Deal Brexit Huge Positive […]
The post Mistakes Crypto Owners and Traders Should Avoid appeared first on Bitcoin News.
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With increased public awareness of Bitcoin and altcoins, many new faces have recently entered the crypto scene for the first time. Of course, new traders will make many bad decisions, and for the most part, they will improve with time and experience. However, a number of these mistakes are common, and can easily be identified and avoided. Ignoring Market Cap Ignoring market capitalization is a pretty common issue that seems to persist almost universally among new traders. The mistake is that these traders look at the price of a coin, not its market cap, to decide whether or not to buy it. They look
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