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People are calling on Coinbase users to transfer their crypto into hardware wallets after the exchange warned a bankruptcy could mean losing their investment

Posted by Katie Canales on Friday, May 13, 2022, In : TRADING FLOOR 


  • Many are calling for Coinbase users to move crypto to hardware wallets, or physical storage devices.
  • Coinbase disclosed Tuesday that it could absorb users' crypto in the unlikely event of bankruptcy.

Coinbase on Tuesday warned it could absorb its users' crypto as property in the unlikely event of bankruptcy.

The acknowledgment put some crypto-watchers in a tizzy as it appeared to go against a core tenet of the decentralized finance movement: giving people complete control and ownership of their ...


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Coinbase Suspends Option To Buy Cryptos Like Bitcoin, Ethereum, Dogecoin In India A Day Into Launch

Posted by Navdeep Yadav on Tuesday, April 12, 2022, In : 848FINACE 


  

Days after its launch in the world's second-largest internet market, Coinbase Global, Inc. (NASDAQ: COIN) suspended the option to buy cryptocurrencies such as Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and Ethereum (CRYPTO: ETH)
 using UPI in India.

What Happened: This came after America's largest cryptocurrency exchange, while making its debut in India last week, said it was working on getting UPI (Unified Payment Interface) on its platform for all users. The development followed a stat...

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3 Metaverse Cryptos Surviving the Bear Market Shakeout

Posted by Thomas Yeung on Sunday, March 27, 2022, In : 848FINACE 

This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any of Tom’s potential 100x picks, subscribe to his mailing list here.

cryptocurrency on a black background
© Provided by InvestorPlacecryptocurrency on a black background

When Bad Ideas Pay Off

Imagine it’s a Saturday night and we find ourselves at an intense dance party, complete with strobe lights and subwoofers (Pretend our kids or friends somehow convinced us to go).

As we’re counting down the hours to midnight, someo...


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Prediction: This Cryptocurrency Will Be the Next Ethereum

Posted by Trevor Jennewine on Wednesday, March 2, 2022, In : Technical Analysis 

The Ethereum (CRYPTO: ETH) blockchain is powered by the ETH coin, a cryptocurrency with a market value of $320 billion. Only Bitcoin is worth more. And Ethereum's success can be attributed to its programmability. Specifically, developers can use the platform to build and deploy decentralized applications (dApps), software that exists on a peer-to-peer network rather than centralized corporate services.

Decentralized finance (DeFi) products are a type of dApp. They allow investors to lend, trad...


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‘I had $10 in my bank account’: This 36-year-old went from living paycheck to paycheck to making over $109,000 selling NFTs

Posted by Taylor Locke @ITSTAYLORLOCKE on Friday, February 4, 2022, In : 848FINACE 


In 2021, Brittany Pierre made over $109,000 selling nonfungible tokens, or NFTs, of her photography and flipping other NFTs she bought for a profit.

But before that, Pierre was struggling to pay rent on her Chicago apartment or afford groceries and bus fare, she tells CNBC Make It.

Her financial situation was very “touch and go,” Pierre, 36, says. She lived paycheck to paycheck and “got pretty depressed.”

In March, Pierre learned about nonfungible tokens, or NFTs. Her friend and fellow a...


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Mark Cuban, Robinhood CEO, Coinbase Ventures among investors in new Seattle fintech startup

Posted by Taylor Soper on Tuesday, January 18, 2022, In : 848FINACE 


The news: Seashell, a new Seattle fintech startup that says it can offer up to 10% interest to users, raised a $6 million seed round co-led by top Silicon Valley firms Khosla Ventures and Kindred Ventures. Other backers include Shark Tank’s Mark Cuban; Robinhood co-founder and CEO Vlad Tenev; Coinbase Ventures; longtime tech startup investor Elad Gil; and former CFTC Chairman J. Christopher “CryptoDad” Giancarlo.

The model: Seashell is taking on traditional banks by giving consumers a si...


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