Crypto Exchanges

Is BITCOIN the New Gold This Diwali? TOP Bollywood Stars Promote CRYPTO [ October 14 / 21 ]

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🔵 CoinMarketCap Daily Timestamps:

0:00 1M Join Coinbase NFT Waiting List in a Signel Day

To put that figure into context, OpenSea had 442,841 users over the past month — should the world’s biggest NFT marketplace be worried?

OpenSea might have something to worry about with the arrival of Coinbase NFT, new figures suggest.
Coinbase’s CEO, Brian Armstrong, has revealed that more than one million people have joined its waitlist in a single day — and only people in the U.S. were allowed to sign up.

2:31 Are SpongeBob SquarePants NFTs Coming Soon?

ViacomCBS has entered into a deal to develop digital collectibles spanning its entire portfolio, which features some well-known TV shows and movies.

Only yesterday, we reported on Citi analysis that showed a number of legacy entertainment brands could benefit from the rise of non-fungible tokens — including ViacomCBS.
And as if by magic, ViacomCBS has now revealed that it has entered into a multi-year partnership to develop digital collectibles that span its entire portfolio.
Given how the company owns brands including CBS, Nickelodeon, Paramount, Comedy Central, MTV and channels in the U.K. and Australia, this could create a lot of content.

3:50 Couple Who Lost $700,000 Attack Coinbase

The exchange is now launching 24/7 phone lines for customer service — but a couple who lost their life savings in a phishing attack say much more needs to be done.

Erick and Molly Richardson told CNBC that they had received a message, purporting to be from Coinbase, that claimed someone had logged into their account. After clicking on it, he was then notified that his two-factor authentication had been changed.
The pair had $1.1 million saved in their account — and a fraudster managed to withdraw all of their Bitcoin, worth about $700,000 at the time.

5:14 ‘Massive Collapse’ in Crypto Prices is ‘Plausible’

The Bank of England is worried that cryptoassets are increasingly being connected to the financial system — and that it took just $1.2 trillion to trigger the subprime mortgage crisis.

A “massive collapse” in cryptocurrency prices is a “plausible scenario,” a senior Bank of England official has warned.

6:28 Using Crypto, Romance Scams Get More Sophisticated

Cybersecurity researchers say scammers are attempting to dupe loved-up victims into investing in cryptocurrencies — but they’ll never see their funds again.

A new wave of romance scams are attempting to swindle money from unsuspecting victims in a whole new way, according to Sophos.

7:36 BlockFi Crypto Card Owners Spend Big, Data Reveals

The typical card owner is set to spend more than $30,000 on these cards this year — 450% more than the average amount of $5,000 spent on conventional cards from AmEx and Mastercard.

BlockFi has released some fascinating statistics concerning how its Bitcoin rewards credit card has been used since launch.

8:44 Why Bollywood Stars Are Promoting Crypto Exchanges

Ranveer Singh and Amitabh Bachchan are some of India’s best-known celebrities — and as Diwali approaches, trading platforms are using their star power to reach new customers.

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