Reading Time: 2 minutes Coinbase has acquired the mobile crypto wallet startup BRD, and has signed an obscure deal with giant sportswear firm Adidas. “The BRD team will be joining Coinbase Wallet to help accelerate web3 adoption,” Coinbase said. Adidas and other sportswear firms are eying the metaverse...
Posts published by “Alexander Bowring”
Reading Time: 2 minutes SkyBridge Capital CEO Anthony Scaramucci believes Bitcoin is equivalent to digital gold and will evolve into a “gigantic asset class.” Scaramucci said anyone who studies Bitcoin thoroughly will end up investing in it. “Look at Ray Dalio, a bitcoin skeptic, now a bitcoin investor,” he said...
Reading Time: 2 minutes Centralized crypto exchanges that have security issues and poor customer service drive away potential users. Downloads of the Coinbase app have dropped by 50% in Q3 2021. Coinbase has acknowledged that recent phishing attacks have drained funds from over 6,000 accounts. Potential investors are considerably less interested in centralized crypto trading…
Reading Time: 2 minutes Billionaire investor Chamath Palihapitiya argues that the leading cryptocurrency has effectively replaced gold. Palihapitiya claims he has put hundreds of millions into Bitcoin. He added it is pretty hard to kill Bitcoin at this point, if not impossible. Billionaire investor Chamath Palihapitiya claims he has put hundreds of millions into Bitcoin…
Reading Time: 2 minutes Bank of Canada blames cryptocurrency’s extreme price volatility as the obstacle hindering the assets from being accepted as a payment method. Bank of Canada is developing its own CBDC to use if the need emerges. The US will release a research paper this summer that explores moves toward a CBDC. Cryptocurrency…
Reading Time: 2 minutes Reef Finance team launches its own blockchain platform “Reef Chain,” which will go live in May. Reef Chain will be released as a “standalone” platform on Polkadot’s Substrate framework. Built with cutting-edge technology, Reef Chain aims to enable DeFi developers to use a highly scalable and fully EVM-compatible blockchain. Reef Finance,…
Reading Time: 6 minutes Silk Road was the first big illicit dark web marketplace It was taken down by the FBI in October 2013 and $28.5 million worth of bitcoin seized Silk road has had a long-lasting negative impact on how Bitcoin is viewed worldwide When you hear the name Silk Road what do you…