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Airdrop

An Airdrop is a distribution of free tokens to a community, typically used as a marketing tool or a reward for early protocol adopters and testers. In 2026, the "points-to-airdrop" model has matured into merit-based incentive programs that utilize Sybil-resistance and Proof-of-Humanity to filter out bots. Airdrops remain a primary method for decentralized governance (DAO) bootstrapping. Follow this tag for the latest on retroactive rewards, eligibility criteria, and how to participate in the most anticipated token distributions in the ecosystem.

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Created: 2026/02/02 18:52

Updated: 2026/02/02 18:52

Hyperliquid Clarifies HYPE Token Distribution to Team, Addressing Potential Selling Concerns

The post Hyperliquid Clarifies HYPE Token Distribution to Team, Addressing Potential Selling Concerns appeared on BitcoinEthereumNews.com. The Hyperliquid token unlock on November 29, 2025, distributed 1.75 million HYPE tokens exclusively to team members as part of predefined vesting schedules, alleviating fears of selling pressure from external investors since the platform raised no venture capital. Hyperliquid’s no-VC model ensures all unlocks are internal, with no allocations to outside investors. Team vesting follows schedules announced a year prior, allowing members flexibility in token management. The 2024 airdrop unlocked 270 million tokens valued at approximately $9.5 billion, marking a historic distribution to users. Discover the details of the Hyperliquid token unlock: team vesting clarified amid market concerns. Learn about the no-VC structure and its impact on HYPE price stability. Stay informed on crypto developments. What is the Hyperliquid token unlock and vesting schedule? Hyperliquid token unlock refers to the scheduled release of HYPE tokens to team members on November 29, 2025, totaling 1.75 million tokens as part of vesting agreements established a year earlier. This process ensures controlled distribution without involving external investors, given Hyperliquid’s decision to forgo venture capital funding. The unlock highlights the platform’s commitment to fair allocation, with team members receiving tokens based on individual vesting timelines. How does Hyperliquid’s no-VC structure affect token unlocks? Hyperliquid’s structure, which avoids traditional venture capital, means all token unlocks are limited to internal stakeholders like the team, preventing the typical selling pressure from external investors seen in many crypto projects. According to on-chain data from analytics platforms, this approach has allowed for a more stable token ecosystem since launch. For instance, the platform’s founders, including pseudonymous developer Iliensinc, emphasized in a public statement that no tokens were shared with outside parties, reinforcing community trust. This model aligns with co-founder Jeff Yan’s earlier comments that raising VC funds felt inauthentic to the project’s vision. Data from the 2024 airdrop shows…

Author: BitcoinEthereumNews

2025/12/01

Hyperliquid unlocked 1.75 million HYPE tokens for team members as part of its scheduled vesting

The post Hyperliquid unlocked 1.75 million HYPE tokens for team members as part of its scheduled vesting appeared on BitcoinEthereumNews.com. Pseudonymous developer and cofounder of Hyperliquid, Iliensinc, shared an X post after a scheduled token distribution to team members triggered concerns about potential selling pressure among HYPE holders, with some community members mistaking the movements for external investors dumping tokens. The statement posted to X noted that the 1.75 million tokens went exclusively to team members as part of vesting schedules announced a year ago, reminding the community that Hyperliquid did not share any tokens to external investors, as the platform never raised venture capital. Hyperliquid: There are no investor unlocks The post included a Discord screenshot stating: “As announced a year ago, Hyperliquid Labs’ tokens unlocked on Nov 29, 2025. Different team members have different vesting schedules and can choose what to do with their vested tokens. Today, 1.75M tokens were distributed to different team members. We are thankful for each person’s contributions to the team and the broader ecosystem. For perspective, ~270M tokens were fully unlocked on Nov 29, 2024, in the largest airdrop in history, measured in today’s market value at ~$9.5B. There are no investor unlocks, as Hyperliquid never raised any external capital.” Why the clarification was needed Some analysts flagged the token movement, and it sparked speculation that external investors were preparing to sell. On-chain monitoring and analytics platform Lookonchain posted during the early hours of November 30 that the Hyperliquid team had been unstaking and restaking. It wrote, “The HyperLiquid team recently unstaked 2.6M $HYPE ($89.2M). Of that amount: 1,088,822 $HYPE($37.4M) was restaked; 900,869 $HYPE($30.9M) remains in the wallet; 609,108 $HYPE($20.9M) was sent to #Flowdesk; 1,200 $HYPE was sold for 41,193.45 $USDC.” However, the team only sold a fraction of HYPE, which has tipped the scales back toward optimism, as many observers speculated that the team was still very much bullish with its holding…

Author: BitcoinEthereumNews

2025/12/01

Hyperliquid Unlocks 1.75M HYPE for Developers, Says Release Was Preplanned

Hyperliquid unlocked 1.75 million HYPE (~$60.4M) for developers and contributors in a preannounced vesting release.

Author: Blockchainreporter

2025/12/01

Bybit Vs BingX 2025: Full Comparison for Crypto Traders

When you look at a clear comparison of Bybit vs BingX, you avoid guessing when choosing a trading platform. You get the insights you need to understand how each exchange works, what they offer, and which one truly fits your trading style. Many traders struggle because the differences between these platforms aren’t always obvious, and relying on assumptions can lead to costly decisions. We break everything down in simple language so you can make a confident choice. As you go through this guide, you’ll see how Bybit and BingX stack up in real-world use, from trading tools to fees and security. Keep reading, because the insights ahead can save you time, money, and unnecessary frustration. User Score9.7 Promotion30,050+ USDT Sign-Up Bonus-30% Trading FeesClaim RewardBybit Review User Score9.7 Promotion6,000 USDT Sign-Up Bonus-20% Trading FeesClaim RewardBingX Review Bybit vs Bingx: Overview Comparison Feature Bybit BingX Founded 2018 2018 Base Spot Fee 0.1% Maker / 0.1% Taker 0.10% (maker/taker) User Base 70 million users worldwide 20 million users worldwide Trading Types Spot, derivatives, copy trading, bots, staking Spot, derivatives, copy trading, bots, grid trading Base Futures Fee 0.02% Maker / 0.055% Taker 0.02% maker / 0.05% taker fees Leverage Up to 100x on derivatives Up to 150x on derivatives Supported Coins 2,273+ cryptocurrencies 1000+ cryptocurrencies KYC Requirement Optional for basic use; required for full access Optional for basic use; required for full access Mobile App Yes (iOS & Android) Yes (iOS & Android) Best For High-volume traders, derivatives specialists Beginners, social traders, copy trading users What is Bybit? Bybit is a global crypto exchange launched in 2018. It was created by Ben Zhou, an experienced fintech professional who wanted to build a fast, secure, and easy-to-use trading platform. Since then, Bybit has grown into a major player in the industry with more than 70 million users worldwide, prompting many investors to seek a more detailed look at what the exchange offers. When you look at Bybit through the eyes of a trader, you can see why it’s gained so much trust. You get deep liquidity, quick order execution, and a clean interface that works well whether you’re new to crypto or already familiar with advanced strategies. The platform offers spot markets, futures, perpetual contracts, trading bots, earning products, and plenty of tools that help you manage your trades with confidence. So what helps Bybit stand out today? It brings together strong trading features, a user-friendly design, and a reputation for reliability. If you’re thinking about giving it a try, you can start with our Bybit referral code to access special perks and boost your first steps on the platform. Pros & Cons of Bybit Pros Cons Strong derivatives markets with deep liquidity on more trading pairs Not available in some countries because of regulatory restrictions Competitive trading fees, especially for futures traders Advanced tools may feel overwhelming for complete beginners Wide range of markets, including spot, futures, perpetual contracts, bots, and earning products Leverage can increase risk if you’re not careful User-friendly interface suitable for both new and experienced traders Some users report slow responses from customer support Bybit is best for: Traders who prefer using their phone, thanks to Bybit’s smooth and fully optimized mobile app. Anyone new to crypto who wants a simple interface and helpful learning guides. Users interested in copy trading, with access to a large pool of experienced traders to follow. People who enjoy learning from others and being part of an active trading community. Advanced traders who want high leverage options and a strong set of professional tools. Users looking for passive income through staking, savings, earning products, and other reward features. Traders from many regions, since Bybit is available in more than 150 countries. Bybit Referral CodeGet $30,050+ USDT Welcome Bonus-30% Trading FeesCode Valid: November 2025CopyClaim Reward Now! What is BingX? BingX is a global cryptocurrency exchange launched in 2018, created to give you a simple and supportive place to trade. The platform has grown quickly and now serves more than 20 million users worldwide. BingX focuses on making trading easier to understand, especially if you want guidance instead of guessing your way through the markets. One of BingX’s key strengths is its copy trading system, which lets you follow experienced traders and learn from their strategies in real time, a major reason why many traders consider it one of the best crypto copy-trading platforms available today. You also get access to spot markets, futures, a wide range of digital assets, trading bots, and earning products without feeling overwhelmed. The design stays clean and approachable, even when you’re exploring more advanced features. Security is another major focus. BingX maintains a $150 million protection fund, also known as its shield fund, which is dedicated to user safety and emergency coverage. This gives you extra peace of mind when you’re trading on the platform. If you want to try BingX for yourself, you can use BingX referral code, which gives you access to exclusive rewards and helps you begin with an advantage. Pros & Cons of BingX Pros Cons Easy-to-use interface that works well for beginners Not available in every country because of regulations Strong copy trading features with many skilled traders to follow Copy trading results depend on the trader you choose Wide range of assets, including spot and futures markets Fewer advanced charting tools than some pro-focused exchanges $150 million protection fund for added user security Some users may outgrow the platform’s simpler layout Helpful trading bots and earning products Futures trading still carries risk, especially with leverage BingX is best for: Beginners who want a simple, clear platform to learn on Users who want to follow experienced traders through copy trading Traders who prefer having a wide mix of assets in one place People who want extra peace of mind from a large protection fund Anyone who values a clean, mobile-friendly design Users looking for trading bots and flexible earning tools Traders who want a platform that keeps things easy without removing useful features BingX Referral CodeGet $6,000+ USDT Welcome Bonus-20% Trading FeesCode Valid: November 2025CopyClaim Reward Now! Bybit vs BingX: Trading Features Trading Feature Bybit BingX Spot Trading Supports a wide range of spot pairs with strong liquidity Offers spot trading on many assets with simple tools for beginners Futures and Derivatives Provides futures, perpetual contracts, margin trading and high leverage options Includes futures and perpetual contracts with leverage and straightforward controls Copy Trading Offers a copy trading section where you can follow experienced traders Known for its strong copy trading system with clear trader profiles and real-time tracking Trading Bots and Automation Includes grid bots, automated strategies, and advanced order types such as limit, market, and conditional orders Provides trading bots, simplified automated tools and beginner-friendly layouts Bybit vs BingX: Platform Products and Services Product / Service Bybit BingX Earn Products Offers flexible and fixed-term staking, savings, liquidity mining, dual-asset products, and structured earning options Provides BingX Wealth with flexible and fixed-term earn products, plus principal-protected Shark Fin investments Web3 Wallet Includes a secure Web3 wallet for exploring decentralized applications and managing on-chain assets Does not offer a dedicated Web3 wallet Fiat Onboarding Supports fiat deposits and withdrawals through multiple payment methods Supports fiat services, including deposits, withdrawals, and easy buy options Crypto Card Does not currently offer a crypto debit card Offers the BingX Card, a Mastercard-supported crypto debit card Launchpad / Launchpool Features a launchpad for early access to new crypto projects and token airdrops Does not have a dedicated launchpad for new project listings What Bybit Offers: A variety of earnings products, including staking, savings, liquidity mining, and dual asset investments A secure Web3 wallet for managing on chain assets and exploring decentralized applications Fiat onboarding with multiple payment methods for deposits and withdrawals Early access to new crypto projects through a launchpad and launchpool system with token airdrops Peer-to-peer trading and fiat support in regions where it is available A protection fund that helps safeguard user assets VIP and institutional services for high volume traders and professional users What BingX Offers: Flexible and fixed-term earning products through the BingX Wealth program, including principal protected Shark Fin investments A crypto debit card called the BingX Card, which is supported by Mastercard Fiat deposits and withdrawals make it easier to move money in and out of the platform A peer-to-peer trading service with an escrow system to support secure user transactions A protection fund valued at around 150 million dollars to help protect user assets A simple platform with strong social and copy trading features suited for beginners and casual traders Bybit vs BingX: Fee Structures Fee Type Bybit BingX Spot Trading Fees Maker fee is 0.1 percent, and taker fee is 0.1 percent Maker and taker fees are both 0.10 percent for standard spot trades Perpetual Futures Fees 0.02% Maker / 0.055% Taker 0.02% maker / 0.05% taker fees Fiat Deposit Fees Varies depending on the payment method used SEPA deposits are free. Other fiat options depend on the provider Fiat Withdrawal Fees Depends on the payment method or region SEPA withdrawals carry a 0.1 percent fee Copy Trading Fees Charges a 10 percent profit share on copied trades Profit sharing depends on the trader you follow, which may vary VIP Discounts Offers lower fees through tiered VIP levels based on trading volume and asset holdings Provides reduced fees based on 30-day trading volume or account balance Bybit vs BingX: Coins, Liquidity & Volume Metric Bybit BingX Coins Supported Supports more than 2,273 cryptocurrencies across spot markets and derivatives. This includes major assets and a wide selection of altcoins. Offers trading access to over 1,000 cryptocurrencies, giving users a very broad range of assets to choose from. Trading Pairs Strong coverage of popular pairs such as BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT, and DOGE/USDT. Provides a large list of active markets, including major pairs like BTC/USDT and many emerging tokens. Liquidity Known for deep liquidity on major assets, which makes it suitable for large order sizes with minimal slippage. Maintains high liquidity on leading pairs with competitive spreads, especially on BTC/USDT and other top markets. Daily Trading Volume Handles significant trading volume, with BTC/USDT and ETH/USDT among its highest-activity markets. Supports strong daily activity across spot and futures markets, even though specific totals vary from day to day. Bybit vs BingX: Security Comparison Security is one of the first things you should look at when choosing a trading platform. Both Bybit and BingX invest heavily in protecting user funds, but each platform handles security in its own way. Here’s what you should know before deciding which one feels safer for your needs. Bybit Security Measures Uses industry-standard cold storage to keep most user assets offline and away from external threats Runs real-time monitoring systems to detect unusual activity on accounts or withdrawals Requires two-factor authentication (2FA) for logins, withdrawals, and important account changes Employs a multi-layer security architecture designed to keep trading and transactions stable Maintains a protection fund to help safeguard user assets during unexpected events Offers withdrawal whitelisting so only approved wallet addresses can receive funds BingX Security Measures Keeps the majority of user funds in cold storage with limited access for added protection Uses a combination of identity verification tools and account security features such as 2FA Holds a large protection fund valued at around 150 million dollars to support users during emergencies Monitors transactions and account behavior to identify suspicious activity early Adds withdrawal security options, including address whitelisting and verification steps Provides an escrow system in P2P trading to help protect buyers and sellers Bybit vs BingX: Affiliate & Referral Programs Program or Feature Bybit BingX Referral Code NFTP WYMSQVR5 Referral Program Overview Runs a referral program that rewards both you and the person you invite when they sign up, deposit at least 100 USDT, and complete qualifying trades Provides a referral program where you can share a referral link or code and earn rewards when your invited users trade Referral Earnings or Bonuses Offers bonuses for new users, such as deposit rewards, trading volume rewards, and occasional mystery box rewards, along with commission on trading fees Lets referrers earn a share of the trading fees generated by invited users, and the reward rate can grow based on referral performance Commission Structure Allows referrers to earn up to 30 percent commission on trading fees from each referred user Offers tiered commissions that can rise as your referrals trade more or reach higher referral levels Affiliate Program Provides an affiliate system for partners who want long term commissions and access to promotional materials to help grow their audience Offers an affiliate program aimed at influencers and content creators with commissions that can reach up to 50 percent of referred trading fees New User Incentives Gives new users potential bonuses when they register through a referral link and meet deposit and trading requirements May offer fee rebates or bonuses to new users who sign up with a referral link and begin trading Requirements for Referral Qualification Requires the invited user to sign up with Bybit referral code, deposit within seven days, and reach a minimum trading volume within thirty days Requires the user to sign up with BingX referral code, and the reward rate increases based on trading activity and referral tiers BingX vs Bybit: User Experience When it comes to user experience, BingX shines for simplicity and approachability. Its clean design and copy-trading options make it ideal if you’re new or prefer quick, easy trades. The layout is straightforward, and onboarding feels smooth. Bybit, on the other hand, offers a rich platform built for serious traders. Its more advanced tools and deep liquidity cater to those comfortable with complexity, but that can feel overwhelming if you’re not prepared. In short, BingX is friendly and beginner-oriented, while Bybit suits experienced users looking for robust trading power and advanced features. BingX vs Bybit: Customer Support Customer support on BingX tends to be friendly and accessible, especially for newer traders. They offer live chat, email support, and useful help guides that make it easier if you need help getting started or run into simple questions. Bybit provides a more advanced support system suited to active or professional traders. They offer 24/7 support, detailed FAQs, and multiple support channels to address trading issues, withdrawals, or account security. For basic questions or onboarding help, BingX feels easier. For deeper or more complex support needs, Bybit likely has more robust resources and backup options. Conclusion When you compare Bybit and BingX, the better choice depends on what you want from a trading platform. Bybit is stronger for experienced traders who value deep liquidity, advanced tools, and a wide mix of markets. It offers the kind of power that active users appreciate. BingX focuses on simplicity and guidance, making it a comfortable fit if you want an easier start, social trading, and a more supportive learning curve. Both platforms are reliable and offer solid features, so the right option simply depends on whether you prefer a more professional trading environment or a beginner-friendly experience that helps you grow. FAQs What exchange is better than Bybit?If you prefer a larger ecosystem or more supported coins, Binance or OKX may feel stronger. If your focus is derivatives and liquidity, Bybit remains one of the top choices. Ultimately, the best crypto exchange depends on whether you value deep liquidity, broader asset variety, or a more all-in-one trading experience. Is BingX good for crypto trading?BingX is a solid option for spot and futures trading, and it stands out for its copy trading tools and beginner-friendly design. It’s especially useful if you want an easy learning curve while still accessing advanced features when you’re ready to scale your trading. Which exchange has lower fees: Bybit vs BingX?Spot fees match, while futures fees vary slightly, with Bybit offering lower maker fees and BingX offering lower taker fees in some cases. The best choice often depends on your trading volume and whether you prioritize lower costs for opening or closing positions. Which exchange is more beginner-friendly: Bybit or BingX?Asking which exchange is more beginner-friendly between Bybit and BingX highlights that BingX is easier for most beginners. Its simple layout and copy trading features help new traders learn faster, while Bybit is better suited for advanced users. The post Bybit Vs BingX 2025: Full Comparison for Crypto Traders appeared first on NFT Plazas.

Author: Coinstats

2025/11/30

dYdX community introduces a Liquidation Rebates Pilot Program with a total reward pool of up to $1 million for liquidated traders

The dYdX community has approved a plan that was proposed in late November 2025 called the Liquidation Rebates Pilot Program. It has been touted as a reward system expected to mitigate the blowback from future liquidations, thereby encouraging liquidity and risk management. According to a recent X post from dYdX, the plans for compensation have […]

Author: Cryptopolitan

2025/11/30

What Is Cryptocurrency? A Deep Dive Into The Basics

Are you interested in cryptocurrencies? Whether you want to learn about them or get into crypto investing, you’ve reached the right spot. Cryptocurrencies are virtual currencies that leverage cryptographic techniques, blockchain technology, and distributed ledger technology to enable seamless and secure transactions. In this article, we’ll offer deeper insights into what is cryptocurrency, its types, benefits, risks, and prospects. We’ll also provide a step-by-step guide on how to buy crypto. What Is Cryptocurrency? A cryptocurrency is a form of digital currency that harnesses shared ledger, blockchain, and encryption technologies to facilitate borderless transactions. It serves as a medium of exchange, a store of value, a means of payment, and a unit of account. In essence, it is an alternative to traditional money, especially for making payments on online platforms. However, cryptocurrencies are fundamentally different from fiat currencies. Their hallmark feature is decentralization, meaning they aren’t issued or managed by governments or central banks. Additionally, they lack a physical form. They exist only digitally in online databases that are distributed across a network of computers, called nodes. No central authority or server controls/hosts these databases and networks. Besides, blockchain-backed digital currencies are secured by cryptography. It is the practice of safeguarding, encrypting, and obscuring data using mathematical techniques and coded algorithms. Originating from the Greek word “kryptos” for “hidden”, cryptography conceals confidential information from prying eyes and third parties. It also upholds the integrity and authenticity of data. Moreover, blockchain networks are immutable and tamper-proof. Each block in a network possesses a distinct digital fingerprint based on its contents. It also contains the hash of the previous block. If anybody tries to alter a blockchain transaction, the hash of the corresponding block will change, disrupting the chain. As modifying the hashes of subsequent blocks is computationally impractical, the network rejects the changes to maintain the blockchain. Lastly, a cryptocurrency doesn’t have intrinsic value. Its value depends on demand-supply dynamics, which in turn are influenced by its utility, scarcity, and community strength. Bitcoin is the first cryptocurrency to hit the market and the largest by market cap. Ethereum is the pioneer blockchain to support smart contracts, and its native currency, Ether (ETH), is the second-largest cryptocurrency by market cap. How Does Cryptocurrency Work on The Blockchain? Cryptocurrencies run on networks powered by blockchain technology. All transactions involving virtual currencies are recorded on unalterable public ledgers to ensure transparency and prevent counterfeiting. You can think of cryptocurrencies as peer-to-peer (P2P) systems that enable you to send and receive payments at lower costs. You can also refer to them as decentralized money, as it allows online transfer of value in a trustless environment. Most importantly, digital currencies eliminate the need for intermediaries, including central banks and third-party payment systems. How are cryptocurrencies created? The coin minting process is tied to the consensus mechanism of a blockchain platform. It is an automated system that ensures network validators unanimously agree on the new and existing data on the ledger. Proof-of-Work (PoW) mechanism: PoW blockchains, such as Bitcoin, generate new tokens through mining. It involves the use of sophisticated hardware and software to solve complex mathematical algorithms. Whenever a purchase/sale/transfer takes place, miners decrypt the block containing the transaction details. This process is resource-intensive and requires considerable computing power. Once the majority of nodes approve the transaction as authentic, the block is appended to the blockchain. Proof-of-stake (PoS) mechanism: PoS networks like Ethereum choose validators based on the amount of cryptocurrencies they lock up. These validator nodes verify transactions and add new blocks to the network. In general, the PoS system is more energy-efficient than the PoW mechanism. Miner/validators receive freshly minted coins, a portion of users’ transaction fees, and staking rewards as incentives. Other popular consensus algorithms include proof-of-history (e.g, Solana), proof-of-authority (e.g, VeChain), and delegated PoS (e.g, Tron). Cryptocurrency vs. traditional currency Cryptocurrency Traditional currency It is created through mining, staking, or forking. It is issued by governments or central banks. It exists digitally on decentralized platforms powered by blockchain and distributed ledger technologies. It exists in the form of physical cash and can also be stored digitally in banks/financial institutions. While it is naturally censorship-resistant, many governments are actively regulating crypto transactions. It is fully regulated. Cryptocurrency transactions are irreversible and immutable. Fiat currency transactions can be reversed or altered. Cryptocurrency investment is risky due to its volatile price swings. Values of traditional currencies are fairly stable. It enables speedy transactions at reduced costs. It usually involves slower transaction processing and higher fees. It is used for buying both physical and digital goods and services. It is predominantly used as legal tender. It is more prone to cyber threats, with no legal recourse available in the event of loss. Transactions involving traditional currencies are more secure and can be recovered easily, especially when processed through authorized financial institutions. Types of Cryptocurrency While the terms coins and tokens are often used interchangeably, there are subtle differences between them. Coins Coins are cryptocurrency applications that operate on their own blockchains. Usually, they’re the native currencies of their networks and serve as the primary medium of exchange within their ecosystems. Bitcoin (BTC): It is the first cryptocurrency developed by a pseudonymous individual/group known as Satoshi Nakamoto in 2009. Currently, it is the largest digital currency with a market cap of over $1 trillion. While you can find 100+ forks of Bitcoin’s source code, its prominent hard forks/variants include Bitcoin Cash and Bitcoin Satoshi Vision. Altcoins: An alternative coin, or altcoin, serves as an umbrella term for all cryptocurrencies other than Bitcoin. Ether (ETH), the native currency of the Ethereum blockchain, is the pioneer altcoin and the second-largest crypto by market cap. Ethereum is also the first network to support smart contracts for building and deploying decentralized apps and non-fungible tokens. Tokens Tokens are built on existing blockchains. They’re programmable and powered by smart contracts or self-executing lines of code that function as per pre-defined rules. Utility tokens: These digital assets enable users to access specific products or services on a platform or within a blockchain ecosystem. Examples of utility tokens include Uniswap (UNI), Chainlink (LINK), and Filecoin (FIL). Governance tokens: They grant decision-making rights to holders, enabling them to vote on policy updates and key proposals surrounding a platform’s future. Shib ecosystem’s BONE and Decentraland’s MANA are examples of governance tokens. Stablecoins: These tokens are designed to maintain a steady value and offer protection against crypto volatility. Typically, their values are tied to stable assets like commodities, fiat currencies, or financial instruments. USD Coin and USDT (Tether), pegged to the US Dollar, are widely used for merchant payments, global remittances, and borderless transactions. They help you enjoy the stability of traditional money while making international transfers. Security tokens: They represent ownership rights in financial assets, including equities, bonds, and stock indices, on a blockchain. Top companies like Tesla, NVIDIA, and Microsoft issue tokenized shares. How to Buy Cryptocurrency? Step 1: Choose a cryptocurrency exchange or broker If you want to buy cryptocurrencies, select a broker or digital asset exchange based on your needs. Usually, brokers offer a simpler interface, limited coin selection, lower fees, and fewer functionalities, making them suitable for beginners. Some platforms, like Robinhood, also allow you to trade other financial assets, like stocks, exchange-traded funds (ETFs), and derivatives. Conversely, cryptocurrency exchanges offer advanced charting tools and a wider range of offerings, including more coins and trading pairs. They also have sophisticated matching engines and an intuitive interface, enabling you to trade directly with other buyers/sellers. Most crypto exchanges facilitate spot, margin, and derivatives trading. However, they may charge higher fees and are more complex to navigate. Hence, they’re best-suited for active and experienced traders. Step 2: Create an account Once you’ve chosen a broker/exchange, open an account using your e-mail, phone number, Google ID, Apple ID, or Telegram ID. Most platforms offer attractive welcome packages to users who register using a referral code. Step 3: Complete know-your-customer (KYC) verification After you finish signing up, verify your identity. To complete the KYC process, you need to submit identity and address proofs along with a selfie. Once the platform reviews and approves your documents, your identity verification is complete. Step 4: Fund your account Before you start cryptocurrency trading, you must make your first deposit. You can either deposit fiat or cryptocurrencies. You can also transfer funds into your account from an external digital wallet. Step 5: Buy and trade cryptocurrencies If you don’t have funds to make a deposit, you can buy cryptocurrencies through the platform using various payment methods. These include bank transfers, credit/debit cards, Google/Apple Pay, and third-party payment services like Skrill, Neteller, and Banxa. Some cryptocurrency exchanges also provide a P2P marketplace, where you can buy and sell crypto directly from other traders. Once your account has a sufficient balance, you’re ready to start trading cryptocurrencies. Based on your goals and preferences, you can either choose to go long (buy) or go short (sell) in the cryptocurrency market. While most cryptocurrency exchanges don’t levy deposit fees, you must incur charges for buying, selling, and withdrawing crypto assets. Trading fees and withdrawal charges vary across platforms. They also differ based on your chosen coin, network, asset balance, and trading volumes. How to Store Cryptocurrency Safely? Hot/online wallets: They’re software-based crypto wallets that are connected to the internet. They offer greater convenience, especially for frequent trading, and enable faster transactions. You can access these wallets anytime, anywhere, from your desktop, laptop, phone, or tablet. However, they are highly susceptible to cyber attacks. Therefore, store only the minimum amount required for trading in your hot wallets. Examples of popular hot wallets include Metamask, Phantom, and Binance wallet. Cold/offline wallets: They’re hardware-based and safer, as they store your crypto offline. However, they’re vulnerable to physical damage. To eliminate this risk, you need to back up your private key and recovery phrase is a secure location. Examples of top offline wallets include Trezor and Ledger. Besides, many exchanges have designed multi-signature cold storage to protect users’ digital assets. What Can You Use Cryptocurrency For? Payment mode: Cryptocurrencies can be used for both physical purchases and online transactions at crypto-supported merchant outlets. While they aren’t a widely accepted means of payment globally, many countries are gradually embracing their usage for day-to-day transactions. In 2021, El Salvador became the first nation to accept Bitcoin as legal tender. Countries like Portugal, Malta, Switzerland, Hong Kong, and Germany are also known for their crypto-friendly policies. Investment avenue: If you’re willing to add some speculative assets with high profit potential to your portfolio, cryptocurrencies are your best bet. Their high price volatility can lead to significant losses, but it also creates opportunities for making substantial profits. Benefits of Using Cryptocurrency Privacy and transparency: Though blockchain records are publicly verifiable, they don’t contain investors’ personal details. Therefore, the probability of identity theft is lower, while 100% transparency is maintained. Cross-border payments: You can use cryptocurrencies to buy goods and services from any country without worrying about exchange rates and associated fees. Virtual currencies also help you manage bank account restrictions, like ATM withdrawal limits. Divisibility: Cryptocurrencies are divisible, and many exchanges support fractional investing. Some platforms also allow you to buy coins for as little as $1. Therefore, you can gain exposure to the cryptocurrency market without assuming significant risk. This property of digital currencies also makes high-value coins such as BTC, ETH, and XRP accessible to all. Decentralized system: Cryptocurrencies and blockchain networks aren’t controlled by a central authority. Hence, they’re less susceptible to manipulations. Moreover, your crypto assets will remain safe even during political upheavals. Equality: Regardless of your location, you can buy and sell cryptocurrencies as long as you’ve a device with internet access. This way, virtual currencies play a pivotal role in fostering financial inclusion and free trade. Blockchain-based currencies are also a boon for investors based in locations with strict government controls or inflation problems. Stability: With stablecoins like USD Coin and Tether (USDT), you can enjoy the stability of traditional money while making international transfers. They’re pegged to fiat currencies like the US Dollar to maintain a steady value and offer protection against crypto volatility. They’re widely used for merchant payments, global remittances, and borderless transactions. Risks of Using Cryptocurrency Volatility: Cryptocurrencies are highly volatile and can cause heavy losses for investors. For example, the BTC price plummeted by over 33% and fell below $80,000 on November 24, 2025. It had reached a record high of $125,000 on October 6. Non-recoverability: If you lose your private key or access to the location where you store it, you can’t recover your assets. Similarly, if you make mistakes while copying deposit/withdrawal addresses, recovering your digital currencies is daunting. Scams: The cryptocurrency industry is marred by various scams. These include rug pulls, Ponzi schemes, and fake websites that trick innocent users into investing their money. Moreover, scammers often pose as famous personalities or billionaires and promise sky-high returns to trap people. They use messaging apps to spread rumours about celebs promoting specific cryptocurrencies. Regulatory risks: Cryptocurrencies are banned partially or fully in many jurisdictions. Even the laws governing cryptocurrency transactions and taxation are ambiguous. Also, many exchanges are facing regulatory challenges in multiple countries. Hence, any crackdown or unfavourable policy changes can put your crypto investments at risk. Counterparty risks: Traders rely on exchanges and third-party custodians to manage their assets. In the event of any security breach or closure of an exchange/custodial service, users may incur asset losses. Smart contract risks: NFTs and decentralized finance (DeFi) protocols are governed by intelligent contracts. Immutable bugs or programming errors can cause dApps to malfunction, lock funds permanently, or result in asset theft/losses. Market manipulation: Crypto whales, entities holding large amounts of digital currencies, can significantly impact the prices and liquidity of cryptocurrencies. They often hoard cryptocurrencies in dormant accounts, removing tokens from active circulation. This perceived scarcity triggers a sharp rise in crypto prices. Contrarily, when whales engage in coordinated selling, a cryptocurrency’s price can fall drastically. How to Avoid Cryptocurrency Scams and Frauds? Research a crypto project’s official website, whitepaper, team, community, and credibility before investing. Usually, authentic projects show active development and have strong communities backing them. Avoid projects or schemes that promise high returns that sound unrealistic and too good to be true. Choose reputable exchanges and digital wallets for trading and storing crypto assets. Binance, Bybit, and Coinbase are renowned centralized exchanges, while Trust Wallet is the best multi-chain wallet. Enable multi-factor authentication, set a strong password, and keep recovery phrases offline. Never share private keys or seed phrases with anyone. Beware of fake URLs, bogus websites, phishing e-mails, spurious links, malware, and ransomware. Don’t blindly follow unsolicited advice or offers received through messaging apps, social media, or emails. Preserve most digital assets in cold storage and keep only the amount needed for trading in hot wallets. Use advanced tools like VS Code, Etherscan, Foundry, and Dune to detect smart contract bugs. Is Cryptocurrency Legal and Safe? Cryptocurrencies are powered by blockchain technology. While the underlying cryptography and technology are highly secure, trading and storing virtual currencies safely is challenging. Hackers often target hot wallets where traders store cryptocurrencies for executing various transactions. For example, in February 2025, the North Korea-based Lazarus group hacked one of Bybit’s suppliers to modify crypto wallet addresses. Over 401,000 ETH tokens were being sent to these addresses, enabling the hackers to pull off a $1.5 billion crypto heist. Though the exchange replenished the stolen tokens, the incident raises serious questions about the safety of crypto investments. Moreover, many cryptocurrency exchanges have fallen prey to such large-scale hacks in the past. Many platforms have implemented robust security measures like two-factor authentication, multi-signature cold storage, anti-phishing code, and proof-of-reserves. Some have even established insurance funds to compensate traders who incur losses due to platform issues. However, none is infallible, and hacking incidents are a testament to this fact. Besides, cryptocurrencies carry inherent risks. Lack of legal protection makes it tougher to retrieve your assets in the event of losses or untoward happenings. Lastly, not all countries are pro-crypto, with many banning its usage outright. Additionally, many exchanges don’t possess the required regulatory licenses and don’t comply with KYC/AML laws. Overall, cryptocurrencies are highly risky investments, involving technical and legal complexities. Thus, the onus of safeguarding your assets largely depends on you. Understanding the nitty-gritty of crypto trading, doing your own research, and applying due diligence are essential. The Future of Cryptocurrency in the Global Economy Asset tokenization: RWAs are physical or digital assets such as stocks, bonds, and real estate that exist outside the digital realm. Asset tokenization refers to the process of converting RWAs into virtual tokens that reside on a blockchain. It facilitates fractional ownership of high-value assets, making them accessible to a larger number of users. It also imparts greater liquidity to otherwise illiquid assets. Moreover, the inherent transparency of blockchain technology boosts investor confidence by minimizing ownership conflicts and exposure to fraud. Furthermore, it democratizes financial markets and reduces asset management costs by eliminating the need for paperwork, intermediaries, and legal services. Metaverse and blockchain gaming: Metaverses are immersive digital arenas or 3D gaming environments where you can interact with other users/players as an avatar. From art museums and virtual company headquarters to tokenized land parcels and collectible shops, these metaverses mirror the real world. They also host numerous events such as music festivals, auctions, conferences, and social gatherings. You require digital currencies to buy in-world/in-game items such as tickets, NFTs, and accessories. You’ll also receive rewards for play-to-win (P2W) and play-to-earn (P2E) games in cryptocurrencies. Additionally, most metaverses and blockchain games issue their own cryptocurrencies that can be traded on exchanges. In general, cryptocurrencies play a key role in driving these virtual economies. AI integration: Many exchange platforms leverage AI to provide live market analytics, trading bots, token insights, and advanced automations. They also use AI and machine learning algorithms to detect cyber fraud, suspicious activities, smart contract bugs, and bot attacks. Web3 and DeFi: Cryptocurrencies form the backbone of Web3 and decentralized applications. Web3 is the next-gen internet, focusing on decentralized systems, user control, digital ownership, and privacy. Decentralized finance protocols are one of the primary applications of Web3, offering staking, lending, borrowing, yield-farming, and liquidity mining services. Conclusion Cryptocurrencies are transforming global payment systems by enabling faster, safer, and decentralized financial transactions. They also process transactions without traditional intermediaries or middlemen. Moreover, many cryptocurrency firms, such as Nu Holdings and Strategy Inc., have grown phenomenally over the last few years. The number of merchants accepting cryptocurrency payments is also steadily increasing. On the whole, the future of the crypto industry appears encouraging, and cryptocurrencies are here to stay. FAQs Which Crypto is best to invest in?Based on trading volumes, liquidity, and market cap, Bitcoin and Ethereum are the top cryptocurrencies. Solana, XRP, Dogecoin, and Cardano are other cryptocurrencies that are worth exploring. However, there is no single best cryptocurrency to invest in. It depends on your financial objectives, risk tolerance, and trading strategies. While established cryptocurrencies are less risky, many newer altcoins offer higher rewards and support advanced use cases. How do Cryptocurrency transaction taxes work?Crypto taxation rules vary across countries. In the US, the Internal Revenue Service considers cryptocurrencies as property. Therefore, you must pay capital gains tax on profits from crypto transactions. In India, income earned from the swapping, selling, and trading of digital assets is taxable at a flat 30%. How does crypto make you money?If the value of your cryptocurrency increases and you sell it for a profit, you make money. You can also earn passive income through staking, liquidity mining, and crypto lending. Additionally, exchanges reward customers with sign-up bonuses and multiple rewards for completing designated tasks and referring new users. You can also win blockbuster prizes, including airdrops and free tokens, by participating in exclusive events. How to invest in cryptocurrency for beginners?New traders must choose a platform that offers a user-friendly interface and a variety of beginner-friendly features. These include quick buy/sell, demo trading, copy trading, AI-based token insights, and real-time market analytics. It should also provide comprehensive educational resources to help beginners cultivate and hone their cryptocurrency trading skills. In general, newbies must invest low amounts initially and begin with spot trading. As they gain expertise, they can explore margin or derivatives trading and advanced features. Is cryptocurrency a good investment?Cryptocurrencies offer various advantages, including privacy, transparency, divisibility, and irreversibility. They also enable borderless payments and portfolio diversification. However, global crypto adoption remains fairly low due to inherent risks, extreme volatility, regulatory uncertainties, and security concerns. Even so, the future outlook for cryptocurrencies seems promising. With in-depth research and prudent decision-making, digital currencies can be a rewarding investment. The post What Is Cryptocurrency? A Deep Dive Into The Basics appeared first on NFT Plazas.

Author: Coinstats

2025/11/30

Ethereum Developers Prep for Fusaka, Second Upgrade of 2025

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Ethereum Developers Prep for Fusaka,

Author: Coindesk

2025/11/30

Weekly: Polymarket Launches in the US, Upbit Hack, DOGE Liquidation, and AI Taxes

The Incrypted editorial team has prepared for you a new weekly digest of the main events in the Web3 and AI sphere. In it we will tell you about the hack of Upbit, the largest exchange in South Korea, Polymarket’s entry into the US market, the situation around the Department of Government Efficiency (DOGE) and […] Сообщение Weekly: Polymarket Launches in the US, Upbit Hack, DOGE Liquidation, and AI Taxes появились сначала на INCRYPTED.

Author: Incrypted

2025/11/30

Weekly Preview | Fusaka network upgrade to be activated on Ethereum mainnet; Sui (SUI) to unlock tokens worth over $80 million.

Author: PANews

2025/11/30

Visa expands, China issues major rules

The post Visa expands, China issues major rules appeared on BitcoinEthereumNews.com. In this week’s edition of the weekly recap, Visa partnered with Aquanow for regional stablecoin settlement expansion, China reinforced its prohibition on crypto, and the UK introduced comprehensive reporting requirements for cryptocurrency traders. Summary Visa expands stablecoin settlement while China and the UK tighten crypto rules. Tether exits Uruguay mining as Upbit, Polymarket and MoonPay face major shifts. Global regulators advance new licensing, reporting, and exchange liability laws. Visa extends stablecoin settlement across emerging markets The payments giant partnered with cryptocurrency infrastructure provider Aquanow to expand stablecoin settlement services across Central and Eastern Europe, the Middle East, and Africa regions. The integration allows Visa’s regional issuer and acquirer network to process transactions using approved stablecoins like USDC with continuous 365-day settlement capabilities. Chinese central bank reinforces crypto prohibition The People’s Bank of China reaffirmed following Friday’s multi-agency meeting that digital asset operations remain illegal within the country, specifically highlighting stablecoin usage risks. The central bank stated that “virtual currencies do not have the same legal status as fiat currencies, lack legal tender status, and should not and cannot be used as currency in the market.” UK implements mandatory cryptocurrency trader disclosures The government confirmed in its 2025 Budget that new regulations will require cryptocurrency traders to provide personal information to trading platforms beginning January 1, 2026. The Cryptoasset Reporting Framework, introduced through international OECD agreements, mandates that service providers share customer data including transactions and tax reference numbers with HM Revenue & Customs. Tether withdraws from Uruguayan mining operations The stablecoin issuer announced cessation of Bitcoin mining activities in Uruguay, citing prohibitive energy costs as the primary factor for the strategic withdrawal. Local media reported that El Salvador-based Tether confirmed to Uruguay’s Ministry of Labor and Social Security it would lay off 30 of 38 employees in the country. Upbit…

Author: BitcoinEthereumNews

2025/11/30

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