Guides

What are leveraged ETFs Leveraged ETFs are a special type of exchange-traded fund that uses borrowed money or financial instruments (like options, futures or swaps) to amplify the daily performance of an underlying index. Unlike traditional ETFs that track an index passively, leveraged exchange-traded funds (ETFs) use derivatives, swaps and futures contracts to magnify gains or losses. For example, consider…

What is Tether (USDt)? Tether’s USDt is a stablecoin, a type of cryptocurrency whose value is pegged to a real-world asset. Unlike many cryptocurrencies known for their price swings, Tether’s USDt is designed to maintain a consistent price tied to the US dollar. This price stability makes Tether an appealing option for investors who want to…

Crypto exchanges are vital for accessing digital assets but vary greatly in security, efficiency and innovation. With top-notch security, lightning-fast trading and a keen eye for innovation, Phemex now empowers users to trade meme tokens on the Solana blockchain directly from their Phemex accounts. Cryptocurrency exchanges are the cornerstone of the digital asset economy, offering…

What is a teardrop attack in cryptocurrency? A teardrop attack exploits how systems reassemble fragmented data packets during transmission by sending overlapping fragments that the target system cannot properly reconstruct, leading to a denial of service. Cyber threats attacking the cryptocurrency ecosystem are becoming more sophisticated as it matures. The teardrop attack, a type of denial-of-service…

Key takeaways Cryptocurrencies significantly reduce the high fees and lengthy processing times associated with traditional remittance methods, offering near-instant transfers with minimal costs. Crypto enables seamless international money transfers, especially in regions with limited banking infrastructure or during crises like conflicts or economic instability. Using blockchain technology, crypto eliminates intermediaries, ensuring faster, securer transfers without…

Understanding compressed NFTs Compressed NFTs are a type of non-fungible token (NFT) designed to reduce the cost of storing and transacting with NFTs on the Solana blockchain.  With the increasing adoption of NFTs, developers face difficulties maximizing storage and lowering minting costs for these digital assets. The Solana blockchain introduced compressed NFTs (cNFTs) to overcome such…