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Glossary Crypto & Web3

Smart contract

Code deployed to a blockchain that executes automatically when its conditions are met. It removes the need for a middleman to enforce an agreement, but a bug in the code is just as automatic as the rest of it.

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Editorial

An unsigned piece stating the publication's own institutional position, distinct from both news reporting and outside…

Yield

The income an investment returns, expressed as a percentage of its price. Bond yields move inversely…

Conflict of interest

A personal or financial stake that could reasonably be seen to compromise coverage. The usual remedies…

Index

A measure of a slice of the market, such as the S&P 500 or the FTSE…

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