Glossary

Phishing

Fake sites and messages that trick you into signing a malicious transaction or revealing a key.

Crypto phishing is usually built around a fake version of a real site: a wallet pop-up, a support message on Discord, or a presale link in a group. The goal is to get you to sign a transaction that grants an attacker control of your funds, not to steal your seed phrase directly.

The modern variant is more dangerous than the old one. A malicious signature request can transfer your tokens to an address forever without ever touching your keys, so nothing looks stolen and the wallet still shows a full balance.

Practical habits: bookmark the sites you use, never connect from a link in a message, and treat any request to approve an unfamiliar contract as a loss until proven otherwise.

Related terms

Airdrop Free tokens distributed to wallet addresses, usually to reward early users of a protocol. AMM Automated Market Maker — a protocol that prices assets with a formula instead of an order book. APR vs APY APR is the yearly rate without compounding; APY includes compounding and is always higher. ATH All-Time High — the highest price an asset has ever traded at. Bear Market A prolonged decline, conventionally 20% or more from recent highs. Bull Market A prolonged rise driven by new demand, easy credit and rising confidence.

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