Cryptocurrency latest news – Coinbase may eclipse Bitcoin as AMC customers think Dogecoin ‘should be accepted’

COINBASE could soon overshadow Bitcoin in the crypto space.

“Coinbase brings a different level of credibility to the room as it is the only publicly traded company in the cryptocurrency industry,” reported AMBCrypto.

Meanwhile, in a Twitter poll, users agreed that Dogecoin should be accepted at AMC.

“SO FASCINATING! The Dogecoin poll was by far my highest tweet ever read, ”the company’s CEO wrote on Twitter.

“In 24 hours, 4.2 million views, most retweets, most responses. 140,000 votes 77% yes 23% no. It is clear that you think AMC should accept Dogecoin. “

“Now we have to find out how to do it. Stay tuned!”

Read our live cryptocurrency blog for the latest news and updates …

• ONE OF THE CO-FOUNDER OF ETHEREUM IS CALLED A TIME 100 MOST INFLUENCING PERSON

  One of the co-founders of Ethereum, Vitalik Buterin, was named one of Time Magazine’s 100 Most Influential People of 2021.

  Former editor-in-chief Alexis Ohanian praised him in a letter for the piece.

• Expert says crypto sanction sends “clear signal”

  “Fraudulent cryptocurrency exchanges have long been a key factor for ransomware gangs,” said Tom Robinson, chief scientist and co-founder of blockchain analytics firm Elliptic, in a statement to Reuters.

  “This action by the US government sends a clear signal that it will not tolerate this activity wherever it is located.”

• BIDEN ADMINISTRATIVE SANCTIONS, CRYPTO EXCHANGE, CONTINUED

  The administration’s Treasury Department accused Suex OTC, SRO of “enabling illegal revenue transactions for at least eight ransomware variants,” according to Reuters.

  “Exchanges like Suex are critical to the attackers’ ability to profit from ransomware attackers,” said Deputy Treasury Secretary Wally Adeyemo in a phone call with reporters on Monday evening.

  The move “is a signal of our intention to expose and disrupt the illegal infrastructure through these attacks”.

• BIDEN MANAGEMENT SANCTIONS CRYPTO EXCHANGE

  The Biden government on Tuesday announced sanctions against a cryptocurrency exchange in relation to its alleged role in facilitating illegal payments from ransomware attacks, officials and Reuters said.

  It is reportedly “part of a broader response to the growing threat”.

• CRYPTO AUDIO STREAMING

  Audius is a crypto-powered music streaming platform.

  It is owned and controlled by token holders and its tokens are known as audio.

  According to Audius, more than 5.3 million people have used the platform this month.

  Audio has been listed on CoinMarketCap since October 2020 and has appreciated in value following a deal with Chinese social media giant TikTok.

• WHAT IS BINANCE COIN?

  Binance Coin was launched in 2017.

  It was founded by the Binance cryptocurrency exchange, the world’s largest crypto platform.

  Binance Coin works with the ticker BNB and can be bought on the Binance exchange as well as on other platforms such as eToro.

  The coin was first introduced for Binance users to receive discounted trading fees, but can now be used to pay transaction fees on Binance and to pay for items on sites like Crypto.com.

• EXPERT COMMENTS ON THE VALUE OF TETHER

  Despite its claims to be a stablecoin, Tether has still seen spikes and sharp falls in price, noted Susannah Streeter, senior investment and market analyst at Hargreaves Lansdown, in May.

  She told The Sun: “It has also been criticized for a lack of transparency, has had to settle US lawsuits, and the currency is banned in New York state.”

• WHO FOUNDED ALCHEMY PAY?

  The cryptocurrency was co-founded by payment industry veterans Molly Zheng, Shawn Shi, and John Tan.

  Alchemy Pay first started trading in September 2020.

  According to Alchemy Pay, it is the “world’s first” hybrid crypto and fiat payment gateway.

  Alchemy Pay allows users to receive payments in the local currency of their choice, regardless of how they are sent.

• WHAT IS SHIBA INU COIN, CONTINUED

  Whether or not you have already invested, keep in mind that making money on cryptocurrencies or other investments is never guaranteed, even with a popular one like Shiba Inu.

  Cryptocurrencies are particularly volatile, so their values ​​can crash without or without notice.

• WHAT IS SHIBA INU COIN?

  Shiba Inu is a cryptocurrency token that allows users to hold trillions of them.

  The tokens feature the same Shiba Inu dog as Dogecoin, which has grown massively in popularity recently.

• RISKS OF INVESTMENT IN KRYPTOS, PART FIVE

  Finally the truth in Promotional material is a risk when investing in cryptos.

  Firms can overestimate the return of products or underestimate the risks involved.

• RISKS OF INVESTMENT IN KRYPTOS, PART FOUR

  Another investment risk is the Fees and Charges.

  Consumers should consider the impact of fees and charges on their investment, which can be greater than that of regulated investment products.

• RISKS OF INVESTING IN KRYPTOS, PART THREE

  A third risk when investing in cryptocurrencies is Product complexity.

  The complexity of some products and services related to crypto assets can make it difficult for consumers to understand the risks.

  There is no guarantee that crypto assets can be converted back into cash. Converting a crypto asset back into cash depends on the demand and supply in the market.

• RISKS OF INVESTMENT IN KRYPTOS, PART TWO

  Another investment risk is Price volatility.

  The significant price volatility of crypto assets combined with the inherent difficulty of reliably valuing crypto assets puts consumers at high risk of loss.

• RISKS OF INVESTMENT IN KRYPTOS

  We have summarized five risks when investing in cryptocurrencies.

  The first is Consumer protection.

  Some investments that advertise high returns on crypto assets may not be subject to regulation beyond anti-money laundering requirements.

• Hackers steal $ 600MILLION

  Hackers stole $ 600 million in a daring cryptocurrency heist after discovering a “security hole” in a blockchain site.

  In one of the biggest thefts in the world, the cyber criminals exploited a vulnerability in the Poly Network, a platform that wants to connect different blockchains together so that they can work together.

  The website said the hackers stole thousands of digital tokens such as ether.

• CRYPTO VALUES HIGH HIGH THIS YEAR

  Cryptocurrency prices hit record highs earlier this year as there was interest from high profile individuals like Elon Musk and other institutional investments in the sector.

  However, values ​​can be volatile and regulators have warned that investors could lose all of their money.

• STEVEN SEAGAL’S BITCOIN SCANDAL

  Under Siege and Half Past Dead Hardman Seagal was paid to promote Bitcoiin2Gen (B2G) which left 500 investors in cash and other cryptocurrencies out of pocket for unwittingly supporting the scam.

  Seagal was reportedly offered $ 250,000 along with £ 750,000 worth of B2G to appear in promotional materials for the scammers.

  He appeared in a press release for them and endorsed the program “wholeheartedly” in a post to his 7 million followers on Facebook.

• ONE OF THE CO-FOUNDER OF ETHEREUM IS CALLED A TIME 100 MOST INFLUENCING PERSON

  One of the co-founders of Ethereum, Vitalik Buterin, was named one of Time Magazine’s 100 Most Influential People of 2021.

  Former editor-in-chief Alexis Ohanian praised him in a letter for the piece.

• ALEXIS OHANIAN ON ETHEREUM CO-FOUNDER, VITALIK BUTERIN, PART THREE

  “I’ve never been more excited about the potential of the Internet,” added Ohanian.

  “And that is mainly thanks to Vitalik Buterin.”

  Buterin is the co-founder of Ethereum and co-founder of Bitcoin Magazine in 2011.

• ALEXIS OHANIAN ON ETHEREUM CO-FOUNDER, VITALIK BUTERIN, CONTINUED

  “Nobody could possibly have found all the uses for Ethereum, but it took someone’s idea to get started,” added Ohanian of Buterin.

  “From then on, a new world has opened up and new ways of using blockchain technology have emerged – which I have invested in a few in.”

  “Whether startups like Sorare are reinventing fantasy sports or Rainbow users showcasing their NFT collections, none of this would have existed without Vitalik’s creation.”

• ALEXIS OHANIAN ABOUT CO-FOUNDER OF ETHEREUM, VITALIK BUTERIN

  “Thanks to Reddit’s r / Ethereum community, I have had the privilege of following Vitalik Buterin’s career from the start, which is why I take some pride in seeing his legacy grow,” Ohanian wrote of the programmer.

  “Sure, we can talk about the value he co-founded the platform, including Ethereum’s impressive market cap of around $ 400 billion, the dazzling world of decentralized apps, and this year’s boom in NFT trading.”

  “What makes Vitalik so special, however, is that he is a builder.”

• CONTEST SCAM

  Giveaway scams often pose as celebrities or well-known personalities and ask victims to send Bitcoin, promising to return a much larger amount.

  Many giveaway scams are marketed on social media, trying to connect using Facebook, Twitter, or Instagram.

  For example, victims reported sending more than $ 2 million to scammers posing as Elon Musk.

• Fake websites

  Another popular fraud technique is websites that appear to be a new cryptocurrency mining operation or investment opportunity.

  These websites encourage investors to transfer money, sometimes offer levels of investment, and promise higher returns.

  However, when users try to withdraw their cash, they cannot and are prompted to enter even more cryptocurrency.

• MORE RISKS WHEN INVESTING IN KRYPTOS

  • Fees and Charges: Consumers should consider the impact of fees and charges on their investment, which can be greater than that of regulated investment products.
  • Promotional material: Firms can overestimate the return of products or underestimate the risks involved.

Load more entries …

source https://www.bisayanews.com/2021/09/23/cryptocurrency-latest-news-coinbase-may-eclipse-bitcoin-as-amc-customers-think-dogecoin-should-be-accepted/