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Glossary Crypto & Web3

Cold storage

Keeping private keys on a device that never touches the internet. It defends against remote theft at the cost of convenience, which is why exchanges hold most customer assets this way.

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Circuit breaker

An automatic pause in trading triggered by a sharp move. The aim is to let information…

Tariff

A tax on imported goods. It is paid by the importer, not the exporting country, and…

Revenue

Total income from sales, before any costs. A company can grow revenue for years while losing…

IPO

An initial public offering: the first sale of a company's shares to public investors. It raises…

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