Biturai Trading Wiki
The ultimate crypto encyclopedia. Verified by experts.
BitConnect Ponzi Scheme: A Cautionary Tale in Crypto
BitConnect was a cryptocurrency lending and exchange platform that collapsed in 2018, revealing itself as a Ponzi scheme. It lured investors with promises of high returns, ultimately defrauding them of billions of dollars.
Nomad Bridge Hack: A Deep Dive
The Nomad Bridge hack was a major exploit in the cryptocurrency space, resulting in the loss of millions of dollars. This article provides a comprehensive overview of the hack, its mechanics, and its implications for the broader crypto ecosystem.
Wormhole Hack Explained
The Wormhole hack was a major exploit in 2022 that resulted in the theft of $326 million worth of cryptocurrency. It targeted the Wormhole bridge, a vital link between the Ethereum and Solana blockchains, by exploiting a vulnerability in its signature verification process.
Elon Musk's Impact on Cryptocurrency Markets
Elon Musk has significantly influenced the cryptocurrency market through his public statements and corporate actions. His involvement, particularly with Dogecoin, Bitcoin, and Tesla's Bitcoin holdings, demonstrates how a single individual's actions can cause major price swings and create trading opportunities.
Lot Size: Mastering Position Sizing in Crypto Trading
Lot size is the standard unit of measurement for a trade, defining the amount of an asset being bought or sold. Understanding lot size is crucial for managing risk and maximizing profit potential in the volatile world of crypto trading.
Memecoin Trading: A Comprehensive Guide
Memecoins are cryptocurrencies inspired by internet memes, often characterized by high volatility and community-driven speculation. This guide explores the mechanics of memecoin trading, the inherent risks involved, and provides examples to understand this unique segment of the crypto market.
Liquid Staking Demystified
Liquid staking allows you to earn rewards on your crypto holdings while still having access to them for trading or other uses. This innovative approach involves receiving a tokenized representation of your staked assets, which can then be used throughout the DeFi ecosystem.
DAI Stablecoin: A Deep Dive into Decentralized Finance
DAI is a stablecoin designed to maintain a 1:1 peg with the US dollar, operating within the decentralized finance (DeFi) ecosystem. It's unique because it's collateralized by a mix of cryptocurrencies and other stablecoins, making it a key component of DeFi applications.
Compound Finance: A Comprehensive Guide for Crypto Traders
Compound Finance is a decentralized lending protocol where users can earn interest on their crypto assets or borrow against them. It operates using smart contracts on the Ethereum blockchain, removing the need for traditional financial intermediaries.
Liquidation Threshold Explained: A Deep Dive for Crypto Traders
The liquidation threshold is a crucial price point in crypto trading, especially when using leverage. It's the price at which your position is automatically closed to prevent further losses. Understanding this concept is key to managing risk and protecting your capital.
Liquidation in Decentralized Finance (DeFi)
Liquidation in DeFi is the forced selling of a borrower's collateral when the value of that collateral falls below a predefined threshold. This happens to protect lenders from losses and maintain the stability of the DeFi protocol.
Collateral Factor: A Comprehensive Guide
The Collateral Factor is a crucial metric in decentralized finance (DeFi) that determines how much you can borrow against your crypto assets. It's expressed as a percentage and acts as a safety net for lenders, protecting them from market volatility.
Over-Collateralization: A Deep Dive
Over-collateralization is a fundamental principle in crypto lending and stablecoin creation, where you pledge more assets than the value of the loan or stablecoin you receive. This excess collateral acts as a safety net, protecting lenders and ensuring the stability of the system.
Collateralized Loans Explained: Your Guide to Crypto-Backed Borrowing
A collateralized loan allows you to borrow money by using your crypto assets as security. This is a powerful tool in the crypto world, allowing you to access liquidity without selling your holdings.
DeFi Borrowing: A Comprehensive Guide
DeFi borrowing allows you to take out loans using your crypto as collateral, similar to a secured loan in the traditional financial system. This guide provides a deep dive into the mechanics, risks, and trading implications of DeFi borrowing.
MEV Protection: Safeguarding Your Crypto Transactions
MEV protection is a suite of strategies and tools designed to protect your crypto transactions from malicious actors seeking to exploit them for profit. It helps secure your trades and investments, ensuring fairer execution and reducing avoidable costs.
Front Running in DeFi: A Biturai Guide
Front running in Decentralized Finance (DeFi) is an unethical trading practice where someone uses knowledge of a pending transaction to profit. This guide explains how it works, its risks, and provides real-world examples to help you understand and avoid it.
Understanding x*y=k in Cryptocurrency
The equation x*y=k is a fundamental concept in decentralized finance (DeFi), especially within automated market makers (AMMs). It describes the constant product formula, which governs how asset prices are determined in liquidity pools.
LP Tokens: A Comprehensive Guide for Crypto Traders
LP tokens, or Liquidity Provider tokens, are a fundamental part of the decentralized finance (DeFi) ecosystem. They represent a user's share of a liquidity pool on a decentralized exchange and offer opportunities for earning rewards.
Money Legos: Building Blocks of Decentralized Finance
Money Legos, also known as DeFi Legos, represent the composability of decentralized finance, where simple protocols combine to create complex financial applications. This modular approach fosters innovation and allows users to build sophisticated financial strategies with ease.