Cryptocurrency has gained popularity in Malaysia as an alternative investment, but many investors are still unsure about the tax implications of their crypto transactions. In this article, we will look at some main highlights in the guidelines on the tax treatment of digital currency transactions published by the Inland Revenue Board of Malaysia (LHDN). It … Read more
Cryptocurrency has gained popularity in recent years, with many people using it as an alternative form of investment. Cryptocurrency is a digital or virtual currency that uses cryptography for security and is not backed by any government or central bank. In recent years, the use of cryptocurrency has grown significantly, with many people using it … Read more
A rug pull scam is a type of fraudulent scheme that is commonly used in the world of cryptocurrency. In this scam, a group or a single individual will create a new cryptocurrency or token and promote it heavily as a promising investment opportunity. They will often use tactics such as fake news articles, celebrity … Read more
In the world of digital currencies, to ensure that transactions are secure and that the integrity of the digital currency is maintained, crypto networks employ a variety of consensus mechanisms. These mechanisms are designed to validate transactions and protect the network from malicious actors. One of the most well-known consensus mechanisms is proof-of-work (PoW), which … Read more
A stablecoin is a type of cryptocurrency that is designed to maintain a stable value relative to a specific asset or group of assets. This stability is achieved through a variety of different mechanisms, but the most common approach is to peg the value of the stablecoin to the value of a stable asset such … Read more
The global economy is facing uncertain times, with many experts predicting a potential recession on the horizon. As an investor, it’s important to approach this potential downturn with caution and strategy. Here are five tips to help you navigate the market and make smart investment decisions during a global recession. Diversify your portfolio. One of … Read more
Cryptocurrency charts can be a valuable tool for traders and investors to gain insights into the market and make informed decisions about their investments. In this article, we provide a beginner’s guide to cryptocurrency charts and explain some of the key features and metrics in a chart. What’s in a crypto chart? Cryptocurrency charts are … Read more
Crypto derivatives are financial instruments that are derived from or based on underlying cryptocurrencies. These derivatives allow investors to wage and stake on the future price of cryptocurrencies without owning the underlying asset. Crypto derivatives have grown in popularity in recent years, as they provide investors with additional ways to gain exposure to the volatile … Read more
NFTs, or Non-Fungible Tokens, are digital assets that are stored on a blockchain and can be used to represent a variety of things, such as and not limited to digital art, gaming, music, real estate and virtual property. NFT allows for the creation of a verifiable record of ownership and authenticity. In 2021, NFT took … Read more
Tokenomics (also known as ‘token economics’) is the economic model and principles that underpin cryptocurrencies. Crypto tokenomics is based on the principles of traditional economics, but it also incorporates unique features and mechanisms that are specific to cryptocurrencies. It is a crucial aspect of the cryptocurrency ecosystem, as it determines the supply, demand, and value … Read more