Finance Tactics

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A Layer-2 network is a separate blockchain built on top of a blockchain (Layer-1), typically used by users who require f...
05/02/2022

A Layer-2 network is a separate blockchain built on top of a blockchain (Layer-1), typically used by users who require faster and cheaper transactions. In addition to Ethereum-based networks, other networks such as Solana (SOL), Avalanche (AVAX), and BNB Chain (BNB) are also increasingly favored by DeFi users.

Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by ...
05/01/2022

Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by a massive 964% in the first quarter compared to the same quarter last year, even as average transaction fees on Ethereum’s base layer fell by 80%.

The data about the surprising growth in TVL on Layer-2 platforms was shared in a quarterly State of Ethereum report from the crypto educational resource Bankless, stating that the amount increased by 964% from USD 686.9m as of the end of Q1 2021 to USD 7.3bn at the end of Q1 2022.

Ukraine’s government created a virtual gallery of NFT-based artworks that “aren’t for sale,” but are being preserved as ...
04/29/2022

Ukraine’s government created a virtual gallery of NFT-based artworks that “aren’t for sale,” but are being preserved as “an expression of gratitude, similar to how paintings were presented to royal families and famous scientists in the past.” Tesla's chief and Twitter buyer Elon Musk is the first one to enter this virtual “Hall of Fame.”

How to Invest in StocksInvesting in stocks: The basicsInvesting in stocks just means buying tiny shares of ownership in ...
02/03/2022

How to Invest in Stocks

Investing in stocks: The basics
Investing in stocks just means buying tiny shares of ownership in a public company. Those small shares are known as the company’s stock, and by investing in it, you’re hoping the company grows and performs well over time. If that happens, your shares may become more valuable, and other investors may be willing to buy them from you for more than you paid for them. That means you could earn a profit if you decide to sell them.

One of the best ways for beginners to get started investing in the stock market is to put money in an online investment account, which can then be used to invest in shares of stock or stock mutual funds. With many brokerage accounts, you can start investing for the price of a single share.

How to Invest in CryptocurrencyWhen you think of investing in cryptocurrency, you might think about buying and holding o...
02/03/2022

How to Invest in Cryptocurrency

When you think of investing in cryptocurrency, you might think about buying and holding one or more crypto coins. Buying cryptocurrency directly is probably the most common way to add crypto exposure to your portfolio, but when it comes to investing in cryptocurrency, you have a few different options:

Buy cryptocurrency directly: You can choose to directly purchase and store one or more cryptocurrencies. Your options range from the most established digital currencies like Ethereum and Bitcoin to virtually unknown coins that are newly released in an initial coin offering (ICO).

Invest in cryptocurrency companies: You can invest in companies with a partial or total focus on cryptocurrency. Your options include cryptocurrency mining companies, mining hardware makers, companies like Robinhood Markets, Inc. (HOOD) and PayPal Holdings, Inc. (PYPL) that support cryptocurrency, and many others with varying levels of crypto exposure. You can also invest in companies like MicroStrategy Incorporated (MSTR) that hold large amounts of cryptocurrency on their balance sheets.

Invest in cryptocurrency-focused funds: If you don't want to choose among individual cryptocurrency companies, then you can decide to invest in a cryptocurrency-focused fund instead. You have a choice of exchange-traded funds (ETFs), such as index funds and futures funds, in addition to a range of cryptocurrency investment trusts. Some crypto-focused funds invest in cryptocurrency directly, while others invest in crypto-focused companies or derivative securities like futures contracts

7 Money Management Tips to Improve Your Finances1. Track your spending to improve your finances2. Create a realistic mon...
02/03/2022

7 Money Management Tips to Improve Your Finances

1. Track your spending to improve your finances
2. Create a realistic monthly budget
3. Build up your savings—even if it takes time
4. Pay your bills on time every month
5. Cut back on recurring charges
6. Save up cash to afford big purchases
7. Start an investment strategy

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