The Dangers Of Holding Wrapped Bitcoin

Wrapped BTC risks

The emergence of so-called¬†decentralised finance¬†(DeFi) has promised endless opportunities, financial inclusion and access to institutional-grade financial products but one problem with DeFi is the lack of a pristine asset. The incompatibility of using bitcoin on other chains where DeFi limits the growth, the use and the value that can be attracted into those ecosystems. Instead […]

Why VCs Keep Funding New Tokens

VCs love funding tokens

Every time a revolutionary discovery is made, you will find opportunists trying to create cheap knock-offs that prey on unsuspecting consumers and bitcoin is no different. While the bitcoin network aims to bring back a hard money standard and give everyone the chance to save money without custodial risk, you have detractors that want to […]

What Is Magma by Amboss?

Magma by Amboss explained

The Lightning Network is a second-layer protocol created to scale bitcoin payments by creating a web of payment channels that settle balances with one another instead of on the bitcoin blockchain. Every payment channel you create is based on a bitcoin UTXO locked up with a hashed time lock contract, and as users create different […]

How To Delete Your Vauld Account

Delete Vauld Account

The attraction of NGU (Number Go Up) technology brings in a new cohort of people each cycle and as more inexperienced users come into bitcoin, so too will fianncail service look to attract those users and capital to their ecosystem. This cycle’s go-to risk trade living on the back of bitcoin’s repricing was bitcoin interest […]

How To Delete Your CoinFlex Account

delete coinflex account

As bitcoin continues to monetise, we’ve seen a boom in the number of fintech companies looking to leverage the increased value flowing into the space. One of those platforms launched in 2019 was CoinFLEX a derivatives exchange and yield platform, which offered bitcoiners the chance to earn a yield on their bitcoin. Handing over your […]

How To Delete Your Voyager Account

Delete voyager account

2017 marked the year many of the big-name centralised lending platforms launched, and the bridge between traditional finance and bitcoin got a little shorter. These interest-yielding bitcoin accounts and bitcoin loan products aren’t going anywhere anytime soon. Still, they do pose a considerable risk, and as we see in a bear market, that risk can […]

The Dangers Of DEFI Loans

Dangers of DEFI loans

We’re currently watching a massive deleveraging in the bitcoin and the larger cryptocurrency market due to the rehypothecation of funds which has seen many funds and CEFI services limit redemptions because they cannot meet their obligations. In contrast, overs have declared bankruptcy and left their customers high and dry. The risk of leaving your bitcoin […]

How To Delete Your Hodlnaut Account

Delete hodlnaut account

2017 marked the year many of the big-name centralised lending platforms launched, and the bridge between traditional finance and bitcoin got a little shorter. Services like Celsius, BlockFi, Nexo and many more have grown to considerable sizes over the last five years and have attracted many customers looking to earn a yield on their bitcoin. […]

How To Delete Your YouHodler Account

Delete YouHolder Account

2017 marked the year many of the big-name centralised lending platforms launched, and the bridge between traditional finance and bitcoin got a little shorter. Services like Celsius, BlockFi, Nexo and many more have grown to considerable sizes over the last five years and have attracted many customers looking to earn a yield on their bitcoin. […]

How To Delete Your Nexo Account

2017 marked the year many of the big-name centralised lending platforms launched, and the bridge between traditional finance and bitcoin got a little shorter. Services like Celsius, BlockFi, Nexo and many more have grown to considerable sizes over the last five years and have attracted many customers looking to earn a yield on their bitcoin. […]