Glossary Crypto & Web3
Memecoin
A token whose value rests on attention and community rather than on any product or cash flow. Prices move on social momentum, and most eventually go to near zero.
More from the glossary
Standfirst
The short line under a headline that sets up the story. Called a dek in American…
Mining
Competing to add the next block to a proof-of-work blockchain by burning computing power on a…
Data breach
An incident in which personal or confidential data is accessed without authorisation. Most jurisdictions require disclosure…
Bid-ask spread
The gap between the highest price a buyer will pay and the lowest a seller will…