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3 Cryptos to Buy for Their Strong Use Cases

[InvestorPlace, Shutterstock] Bitcoin (CCC:BTC-USD) seems to be witnessing another strong wave of momentum. It would not be surprising if Bitcoin retests previous highs in the current rally. The rally in major cryptocurrencies also implies another good season for altcoins. As a result, here are several interesting cryptos to buy to benefit from the current momentum. It’s […]

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Coinbase slammed for what users say is terrible customer service after hackers drain their accounts

[CNBC, Getty Images] CNBC interviewed Coinbase users across the country and found thousands of customer complaints against the company.The interviews and complaints revealed a pattern of account takeovers, where users see money suddenly vanish from their account, followed by poor customer service from the company.Coinbase’s customer service has been primarily via email, and many customers […]

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Visa Enters Metaverse With First NFT Purchase

[Forbes, Getty Images] On August 18, digital payments giant Visa spent $150,000 to buy a unique work of art, and in so doing quietly took its first step into the metaverse, a nascent online world that promises to transform the internet into a virtual reality.  Instead of canvas or marble, the pixelated artwork, named CryptoPunk […]

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Mark Cuban says dogecoin is the ‘strongest’ cryptocurrency as a medium of exchange

[CNBC, Getty Images] The @dallasmavs have done more than 20,000 #Dogecoin in transactions, making us the LARGEST #DOGECOIN MERCHANT IN THE WORLD ! We thank all of you and can only say that if we sell another 6,556,000,000 #DOGECOIN worth of Mavs merch, #dogecoin will DEFINITELY HIT $1 !!!🚀🚀🚀— Mark Cuban (@mcuban) March 6, 2021Since […]

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China is kicking out more than half the world’s bitcoin miners – and a whole lot of them could be headed to Texas

[CNBC, Getty Images] In May, Beijing called for a severe crackdown on bitcoin mining and trading, setting off what’s being dubbed in crypto circles as “the great mining migration.”Texas is an ideal destination for miners, thanks to its abundance of solar and wind power, its unregulated market, and its crypto-friendly political stance.China has long been […]

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Iconic ‘Doge’ meme NFT breaks record, selling for $4 million

[NBC NEWS, GETTY] The meme of an excited Shiba Inu named Kabosu is officially the most expensive meme NFT ever sold. “Doge,” the image of an excited-looking Shiba Inu considered one of the internet’s most iconic and renown memes, has sold as a nonfungible token, or NFT, for $4 million, making it the most expensive […]

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Here’s why cryptocurrency crashes on weekends

[CNBC, Getty Images] Investors may trade cryptocurrency outside of the work week, allowing for after-hours price swings.Fluctuations happen on weekends due to less volume, margin trading and other factors, experts say. Weekend drops may have significant effects as regulators weigh long-term plans for digital currency.Cryptocurrency is known for volatility and some experts say crashes tend to […]

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Millennial millionaires have a large share of their wealth in crypto, CNBC survey says

[CNBC] Nearly half of millennial millionaires have at least 25% of their wealth in cryptocurrencies, according to the CNBC Millionaire Survey.The results highlight a new generational divide in wealth creation from crypto, with younger investors able to earn vast fortunes from the surge in the prices of bitcoin, ether and other digital currencies.The importance of […]

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Hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround

[CNBC, Intel] Within a decade, quantum computing is expected to be able to hack into cell phones, bank accounts, email addresses and bitcoin wallets.“The National Institute of Science and Technology (NIST) has been working on a new standard for encryption for the future that’s quantum proof,” said Fred Thiel, CEO of cryptocurrency mining specialist Marathon […]

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Cryptocurrency trading is stopping people from looking for full-time jobs: CareerBuilder CEO

[Yahoo! Finance, Shutterstock] The 559,000 jobs the U.S. added in May continue to puzzle economists, who predicted 675,000 additions for the month and 1 million additions a month earlier as the economy recovers. They’ve put forth explanations from lack of child care to persistent COVID-related safety concerns. Now, another culprit can be added to the list: Some potential workers are instead […]

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