Whitelist
By CoinGecko | Updated on Mar 03, 2020
In the context of the cryptocurrency industry, a trader will be placed in a whitelist after completing some form of KYC checks, which will allow the trader early access to a token sale event. Typically, traders wants to be placed in a whitelist as that puts them in a potential advantage as they can purchase the token prior to a public token sale at which the coin will be sold at a higher price to the public.
Related Terms
PFP
It means both 'profile pic' and 'picture for proof'.
Replay Attack
A replay attack is a form of network attack when valid data transmission is fraudulently intercepted, then delayed or resent to mislead the receiver into doing what the hacker wants.
Pump and Dump Scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Sim Swapping
It is a tactic where hacker overtake the mobile phone to exploit the two-factor authentication and two-step verification.
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