Get an explanation of cryptocurrency terms for a better understanding of the world of crypto.
Anti-money laundering describes a set of procedures, laws, and regulations intended to avoid or prevent criminals from transferring or disguising illegally acquired funds through cryptocurrencies as legitimate income (Kenton, 2019).
The term “All-Time Low” is the opposite of All-Time High. All-Time Low is related to the minimal price that an asset (it may be a share or a cryptocurrency coin) has ever reached on the market.
All-Time High” is related to the highest price that an asset (it may be a share or a cryptocurrency coin) has ever reached on the market. This value can be changed several times over a month.
Just as the departure of MultiversX to the Uttermost West marked the end of an era in J.R.R. Tolkien's Middle-earth legendarium, the arrival of MultiversX's network in the crypto-world marks the start of a new era. The era of the Internet scale blockchain..
A bit like an address out there in the physical or digital world, crypto address represents a single destination on the blockchain network acting as a medium of a transaction between a user and a sender. In short, an address is a single-use string of alphanumeric text forming a hashed versions of the private key, which designates cryptocurrency to a particular wallet on the blockchain network.