Global Crypto Adoption and a Liquid Hack
What countries are seeing the highest adoption in cryptocurrencies?
Has the cryptocurrency community grown into a massive political force?
Crypto adoption is highest among emerging economies. Specifically, Vietnam, India, and Pakistan lead the pack.
Japanese crypto exchange Liquid was hacked and thieves got away with $74 million in bitcoin and ethereum.
The Detroit Pistons have a solid draft pick in Cade Cunningham, who received a multi-year contract and a signing bonus in bitcoin. Ka-ching!
Or is that alley-oop!?
Meanwhile, a mayor in a small town in Missouri is raising funds to give residents of the town $1,000 in bitcoin each. His only stipulation: They can’t sell it. Okay, so who wants to move to Cool Valley, Missouri?
Dogecoin accounted for 25.6 percent of Robinhood’s second quarter revenue. Of course, the trading app posted a Q2 loss.
What attracts people to crypto trading?
Ethereum cofounder Vitalik Buterin said that decentralized governance of blockchains needs to go to the next level. What’s the next level? Specifically, he suggests:
Set governance limitations in the code
Establish governance without tokens
Require some “skin in the game” for governance participants
What do you think? Are these good suggestions? Let me know in the comments below or hit Reply and respond.
Coinbase will add $500 million in crypto to its balance sheet. The centralized exchange wants to invest 10 percent of its profits in digital assets.
What happened when two MIT students conducted a $100 bitcoin experiment.
Three BitConnect leaders have settled with the SEC for an alleged crypto lending scheme. They paid a total of $3.5 million and 190 bitcoin.
70 percent of South Korean cryptocurrency companies slid into the abyss this week.
What art collectors and investors need to know about NFTs.
What are the best cryptocurrencies in August based on market volume?
Overheard on LinkedIn:
Switzerland bank UBS surveyed central banks and found out that 83 percent would build a knowledge base about cryptoinvesting as “motivation to invest in crypto.” Hmmmm….