Proof of Reserve in Cryptocurrency: What Does it Mean?

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Key Takeaways  What is Proof of Reserve (PoR) Proof of Reserve (PoR) is a mechanism used within financial systems, particularly in cryptocurrencies and decentralized finance (DeFi), to provide transparent and verifiable evidence that an entity holds assets equal to or exceeding its liabilities.  In essence, PoR serves as a cryptographic attestation, ensuring that the reserves […]

Cryptocurrency Adoption Rate: A Global Overview

Cryptocurrency has undergone explosive growth in the past decade, evolving from a niche concept to a global phenomenon.  In 2013, there were only 7 cryptocurrencies, but today, there are over 20,000 active cryptocurrencies collectively holding a value of over $1 trillion.  Despite its massive expansion, there is still significant potential for growth, with adoption rates […]

Exchange Traded Fund (ETF): What It Is and How to Invest

Exchange Traded Fund (ETF): What It Is and How to Invest

A study conducted by the Investment Company Institute revealed that approximately 1 in 4 U.S. households owned ETFs in 2022, demonstrating their extensive usage. The report also noted that ETFs made up 31% of the trading volume on U.S. exchanges, showing their appeal to both retail and institutional investors due to their liquidity. Exchange-traded funds […]