Phishing

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A fraudulent method used to steal sensitive information by sending a malicious link mimicking a reputable account. Often in the form of an email.

 

Premine

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The essential process of generating the first blocks in a proof of work blockchain. A blockchains premine process is programmed into the first block, known as the genesis block, to generate transactions to be mined to mint new coins for dispersion.

 

Price Action

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Price action is the movement of an asset's price which can be observed on a chart that compares price over time (candlestick chart) or through technical analysis such as Moving Average Convergence Divergence (MACD). There are various ways to look at price action besides candlestick charts and MACD analysis.

 

Private Key

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A cryptocurrency wallet contains at least one private key for every address it holds. A private key is an alphanumeric code that is required to transfer, spend, or trade a cryptocurrency. A malicious actor may withdraw funds with access to someone else's private key; therefore, they should never be shared and must remain secure.