Glossary Crypto & Web3
Private key
The secret number that authorises spending from a crypto address. Anyone who has it controls the funds, and there is no institution able to reverse a transfer or reissue a lost key.
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Central bank
The institution that sets a currency's interest rates and oversees the banking system, such as the…
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Borrowing an asset, selling it, and hoping to buy it back cheaper. Losses are theoretically unlimited,…
Right of reply
Giving the subject of a critical story a fair chance to respond before publication, and reflecting…
Correction
A fall of roughly 10% from a recent high. Corrections are common and often brief, which…
