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Stay Informed About the World of Crypto

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What is a Crypto Wallet?

Crypto wallets store users’ public and private keys while providing a user-friendly interface to manage crypto balances. They also facilitate cryptocurrency transfers on blockchains. Some wallets allow users to carry out certain actions with their crypto assets, such as buying, selling, or

Date

27/01/2023

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What is Metaverse: The Future of Gaming

The Metaverse is an exciting concept that has the potential to revolutionize the gaming industry as we know it. By allowing gamers to traverse a continuous 3D world, the Metaverse promises unprecedented levels of engagement and community-building. With the potential to meet, work, play, and

Date

07/01/2023

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What is DAO?

Decentralized Autonomous Organizations (DAOs) are entities driven by communities without central authorities. DAO is a management structure for businesses to adopt and make decisions collectively.  DAOs in Crypto As of today, there are about 4,824 DAOs in the crypto industry. DAOs in crypto

Date

04/11/2022

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Why are there so many different cryptocurrencies?

Decentralized finance and digital assets are part of a new and rapidly changing segment of the financial services landscape. The concept of anonymous cryptographic electronic money had been proposed for a long time, but it wasn’t until 2009 that the decentralized cryptocurrency Bitcoin was

Date

12/07/2022

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Cryptocurrency Use Cases: What Can I Do with Crypto?

It is an understatement to say that the crypto space is booming. We’re talking about extraordinary growth levels. And not just that. But Web3, blockchain, and metaverse are going more mainstream by the second. There are a lot of them, and many have found unique use cases across fintech. Magic

Date

28/06/2022

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Blockchain Consensus Mechanisms You Should Be Aware Of

Blockchain networks are notable for their use of existing blockchain consensus mechanisms. However, different outcomes are desired for different applications, and blockchain networks do not always use the same consensus mechanism. When blockchain developer organizations select a consensus

Date

21/06/2022

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Digital Assets: Tokens vs. Cryptocurrencies

In our increasingly digital world, where the traditional financial system is slowly but surely shifting online, it’s important to know your digital assets. We’ve all seen it on the front pages, headlines fueling talk about cryptocurrencies, coins, tokens, NFTs, you name it. A large number of

Date

14/06/2022

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Staking Crypto: How it Works, Benefits, and Risks

If you’re a crypto investor, you’ve probably heard about staking. If you’re not, it’s about time you learned about it, because it really is a great way to put your cryptocurrency to work and earn rewards. In this article, we’ll explain why it is and how it works.  Staking

Date

02/03/2022

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Ethereum Gas Fees Explained

When talking about gas fees, contrary to what you might think, there is no connection between crypto gas fees and liquid fuel consumption. What we’re talking about here is the reward miners receive for executing transactions and putting them on the blockchain.  As per previously stated

Date

03/02/2022

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Understanding Cryptocurrency: What’s the Hype About?

When we say cryptocurrency, you might associate it with multiple things: confusion, money you can’t touch, getting rich fast, mining? Understanding crypto is not an easy task, being that it still is the new kid on the finance block. With crypto splashing all the headlines, you might ask yourself

Date

27/01/2022

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Decentralized Finance – Explained

DeFi, or decentralized finance, is an incredible innovation that is sweeping the financial scene by storm. There is no doubt that the earning potential in the DeFi sphere is huge, but what is decentralized finance and how can we use it to our advantage? Welcome to crypto 101 on the Magic Square

Date

20/01/2022

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The Revolutionary Potential of Blockchain

Blockchain is a word that is occasionally thrown around in conversation, especially those surrounding cryptocurrencies. But what exactly is a blockchain and how does it work?  Welcome to Magic Square blog crypto 101. Here you’ll find the tools you need to navigate the decentralized world of

Date

13/01/2022

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