Fraud types in NFT world

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NFT markets are developing rapidly, trading volumes surpass several billion dollars so it would be strange if crooks didn’t take a chance in this segment. Thus the fake NFTs were sold. The scammer managed to deceive a naive buyer and therefore sold him an NFT under the name of the famous artist Banksy for $338,000. The victim later got their money back, but the story could have ended badly. If you want to know about the most prevalent types of fraud on the NFT market as well as how you can avoid them, we will explain it in this article.

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How a crypto address works

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In order to use crypto to your advantage, you must provide yourself with a wallet. You will need it to store, receive or send digital assets. The user must as well obtain a crypto wallet address to be able to perform any manipulations with the cryptocurrency. In other words, a unique wallet ID. When it comes to bitcoin, this function is performed by the Bitcoin wallet address. Read on to learn what a bitcoin wallet address is, as well as the formats of it, how to generate and how to manage those addresses.

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ZIL/BUSD – What about this Pairs trade?

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“What about this Pairs trade?” is a new format of introductory articles created by RevenueBot. Every week we will be providing you with updates on a new trading pair that has reached the top, according to the transactions completed through the platform. In addition to providing information about the token, we will also check the trading pair in a bot simulation and see how much of a profit the trader could have made on it, over a period covering the past 60 days.

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BTCUSD exchange rate forecast on April 4 — 10, 2022

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The previous week for the crypto market turned out uplifting. Once the $45,000 breakthrough occurred, bitcoin successfully stabilized itself around $46,000, but it is still not growing any further. The market sentiment remains positive and according to analytical services, a considerable number of short positions have been liquidated. In our traditional forecast, we will figure out what to anticipate in the coming week.

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The dark side of crypto: pyramid schemes, hacks and shadow trading

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Back in the day when crypto first appeared, only geeks and some technology geeks were intrigued by it. As time passed, thanks to the specificity of digital assets, as well as their ability to maintain a high level of privacy when making payments, crypto began to be used for illegal purposes. All sorts of financial pyramids are created, shadow transactions are conducted and the wallets of exchanges are hacked. If you wish to avoid the tricks of fraudsters, you will find out how to protect your own funds in this article.

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JASMY/BUSD – What about this Pairs trade?

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“What about this Pairs trade?” is a new format of introductory articles created by RevenueBot. Every week we will be providing you with updates on a new trading pair that has reached the top, according to the transactions completed through the platform. In addition to providing information about the token, we will also check the trading pair in a bot simulation and see how much of a profit the trader could have made on it, over a period covering the past 60 days.

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BTCUSD exchange rate forecast on March 28 — April 3, 2022

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Fortunately, the previous week for the crypto market saw a break out of the sideways trend. As expected, the breakout ended upwards. Overcoming resistance around $45,000 and reaching $47,000, the first-ever crypto has managed to pave the way for a test of the next resistance around $52,000. Which way it will be, we’ll break it down in our traditional bitcoin-to-dollar forecast.

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Bitcoin nomads: how a family gets by with just bitcoin

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So many wonder whether it is possible to live using only digital assets. The Taihuttu family put their own example to show that it is possible. In 2017, with their three daughters, the couple decided to make a drastic life change. They sold a large house, several cars and all their other possessions, leaving the proceeds to buy bitcoin. Since then, the family has visited more than 40 countries, each time paying with digital assets only. Over that time Didi, the head of the family, has spoken around the world at blockchain conferences, authored a book, set up an online store, and now actively mentors crypto startups and donates money to charity. Now, the family believes that the first-ever cryptocurrency will soon be worth $100,000, the main reason why they are not selling most of the coins. Reveal how the Taihuttu family decided to become digital bitcoin nomads and how they survived the 2018-2019 bear market in this article.

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