Cracklord - Finance and Tech.

Exclusive Interview with Chieh Liu, CEO of Overbit

We've got something a bit different today. We have been approached with the opportunity to have an interview with the CEO of Overbit, Chieh Liu. Where are you from and where is Overbit based? I am from Hong Kong and Overbit is based in Singapore. When did you

News

Binance Card is the new king of cryptocurrency cards

A while back, I wrote about how Binance and Crypto.com were going head to head with their cryptocurrency visa debit card offerings. Well, a few things have changed since then. Crypto.com has increased their staking requirements for their cards. Part of the reason for this, is the horrendous

Getting Started

What are cryptocurrency coins and where are they stored?

Lately, I've seen quite a lot of confusion about where people think their cryptocurrency coins are stored. This article's goal is to clear up the confusion around this topic. What are the coins? The cryptocurrency coins themselves, are generally an incentive to "secure" the

Tutorial

What is Cosmos?

Cosmos is a Proof of Stake consensus blockchain, powered by their native token ATOM. Coined as the "Internet of Blockchains", Cosmos has a large team behind it and began as a successful ICO on Ethereum resulting in the equivalent of $17 million in raised cryptocurrency funding. Even more

News

Binance and Crypto.com go to war but which is better?

Binance made a stunning announcement back in late September that they were releasing crypto VISA cards, on which you would be able to garner up to 8% cashback, depending on the average 30 day amount of BNB you held spread across all of your Binance wallets. The move was made

Bitcoin isn't anonymous, it's the opposite

Bitcoin has long been seen as the currency of choice for illegal markets and criminals because it is "anonymous" - however, Bitcoin is actually the opposite of anonymous, contrary to popular belief, Bitcoin is extremely transparent. The immutable ledger Every Bitcoin transaction that takes place on the blockchain

Finance

Net worth vs liquidity - Jeff Bezos didn't get $13.2 billion in minutes

Recently, I've heard sentiment from some people who are typically anti-capitalist which I find simply shows that they are ignorant of money and how it works, or even the basics of capitalism and why it was created. It appears that they simply don't understand the difference

Musing

The minimum wage is bad for everyone

The purpose of a minimum wage is to ensure that people have enough money to "survive" by ensuring that they earn at least a certain amount of money per hour that they work. However, the minimum wage doesn't accomplish this, in fact, it results in less

Newsletter

The Cracklord Newsletter #1

Dear newsletter subscribers, You probably subscribed to my blog a long time ago and never got a single email from me. Well, that's for two reasons. I haven't been that active of a blogger and I haven't really had the system in place to

News

Crypto.com drops MCO token in favour of CRO token

Crypto.com has made a decision overnight that has caused major controversy in the community. They have decided to swap their MCO tokens, which were the tokens that were needed to be bought and staked to acquire their debit cards, to CRO tokens which is associated with their Crypto pay

Musing

Ray Croc wasn't a bad guy

The Founder is a documentary style movie about the beginnings of McDonald's and ultimately it focuses on Ray Croc as the protagonist of the movie. It follows Ray Croc personally through his life, his struggles as a traveling salesman and his dreams of one day making it big.

News

The perfect crypto storm is brewing

When the coronavirus situation started, the stock market plummeted. Worldwide lockdowns began and the economy subsequently tanked. Crypto however, has been increasing ever since and recently the stock market has made enormous gains again. With the economy in dire straits, how is this possible? Is this actually good for Bitcoin,

Advice Featured

What's better financially, renting or buying?

There has been a lot of debate on this topic in the financial freedom world with some confusion about how to actually determine whether renting a property or buying a property is a better financial decision. The truth is that it depends mostly on the country that you live in

Advice

The best debit cards in Europe are cryptocurrency cards

Ever since the European Union implemented legislation against credit card companies charging more than 0.3% to merchants on credit card transactions, Europeans credit cards have lost almost all of their rewards and perks as credit card companies simply cannot afford to provide much value back to their customers when

Getting Started

What are cryptocurrency ATMs?

Cryptocurrency ATMs are in-person points where you can exchange fiat currency such as dollars or euros, for cryptocurrencies. The range of cryptocurrencies and fiat currencies that are available to be exchanged depend on the ATM and the company that is providing the ATM service. Are these ATMs anonymously usable? Depending

Security

Beware of well executed Ledger phishing email

Today I received an email that appears as though it's from Ledger. The header claims "IMPORTANT: Ledger Nano S and Ledger Nano X SECURE RNG CHIP CRITICAL VULNERABILITY". This however, is not true. The email claims that a small batch of Ledgers have a compromised secure

Security

How HP is Bringing a Bigger Focus to Security

Introduction Security doesn’t sell. When most people walk into a Best Buy looking for their new laptop, they aren’t looking at the security features offered; instead, they look at the obvious: specs, performance, aesthetics, etc. Because of this lack of focus, many tech companies prefer to worry about

Security

Defending Against Phishing Attacks

Phishing has been a security threat from as far back as the 1990s, which speaks volumes of its usefulness, adaptability, and effectiveness. The term “phishing” is derived from fishing to refer to the process of casting a bait in the hopes of catching prey. Phishing refers to a type of

News

No, Facebook's cryptocurrency Libra is not taking on Bitcoin

Today the internet is full of news about Facebook's cryptocurrency Libra. FOX Business titles a video "Facebook's cryptocurrency Libra takes on bitcoin" tells us that they have absolutely no idea what Facebook is actually doing and why it is not "taking on Bitcoin&

Investment

DGX plus cryptocurrency card equals, gold card

One of the safe havens against times of economic uncertainty are precious metals. Historically, this has been gold for the most part. The problem however with owning gold is that it is not a particularly liquid asset. Thus it is more useful as a long term hedge against the economy.

Security

Browser extensions, a still untapped goldmine for hackers

Want to avoid getting your accounts hacked? Maybe you should rethink all of those browser extensions that you're using.

News

Blockport is closing its doors, what happened?

Blockport held a reasonably successful ICO starting on the 24th of January 2018 and ending on the 28th of February 2018. They raised a total of $15m in ETH. A Dutch company registered and headed in their office in Amsterdam, The Netherlands. The company had good prospects until recently they

Tutorial

Understanding the 24 hour change percentage on cryptocurrency index websites

It may seem like a simple thing to comprehend but you might be surprised by the nuances in calculating the daily percentage change that we've all come to know and love in cryptocurrency. Cryptocurrency indexes such as the most well known CoinMarketCap tell users what the day in

Investment

Blockport (BPT), the upcoming social trading platform

Blockport is a new cryptocurrency trading platform which is being developed in The Netherlands and version 1.0 is to be launched by the end of June. There's a few reasons why Blockport and its token BPT will be one to keep an eye on. Disclaimer: I am

Tutorial

Common cryptocurrency trading fallacies and psychological traps

With many cryptocurrency speculators confident that a new bull market is emerging, I'd like to go over some standard fallacies that traders in markets often perform. These fallacies are essentially gambling fallacies but are more obscured. The beauty of fallacies is that they can trick you into believing