Almost everyone you meet these days has some kind of debt. Even if someone doesn’t have any kind of debt, it’s pretty fair to assume they will in their future.
Bitcoin can be a bit overwhelming when you first hear about it… money on the internet, a single coin costs thousands of dollars, the price fluctuates dramatically, it’s on a “blockchain,” there are so-called “miners” who support the network, etc.
Digifox walks through a few simple things to keep in mind when getting started with crypto investing.
Have you ever wondered what makes a “run on the bank” possible, or how banks make a lot of their money? A run on the bank, amongst numerous other activities, is made feasible via fractional reserve banking.
If you’re looking for a way to get started in the world of crypto but don’t know where to start, stablecoins may be worth looking into! So what are stablecoins exactly?
In 2008, the worst financial crisis since The Great Depression set in and wrecked the American economy. The effects of this rippled through the whole world and caused a recession for numerous countries across the globe.
Money is easy to gain, and just as easy to lose, in the same week. We live in a world where just about any minimum wage job can be won, but depending on location, it still may not be enough to pay the rent.
Network fees are at an all time high, and transactions are crawling as slowly as snails. What is causing this extreme network congestion, and what can we do about it?
One of the tools used most frequently in the decentralized finance (DeFi) space is the Automated Market Maker (AMM). AMMs facilitate decentralized transactions by using smart contracts to allow users to trade between assets. When someone decides to provide liquidity to an AMM or exchange, they are backing it with liquidity so users can trade between several different assets....
Simply put, slippage is the difference between an expected trade and the executed trade.
Sometimes something as small as a single word or phrase can create confusion within an otherwise informative article or YouTube video. This is why we’ve decided to begin a blog series of various vocabulary words and phrases explained simply.
Taking care of your personal finance can be daunting. Budgeting, investing, inflation...
USDC, while perhaps not the most well-known, is a fairly common and well-used cryptocurrency, and certainly one to be familiar with when using Digifox.
We partner with numerous companies to bring you the best possible all-in-one finance app.
What is Ethereum? How does it work? Breaking down the purpose of Ethereum requires an examination of the components that make it up. Join us for a mini-deep-dive as we look into some of the building blocks that make up ETH.
