The concept of buying cryptocurrency and storing it on exchanges has been problematic for some time now. A recent chart shared on Twitter shows hat Coinbase users keep funds on the platform for far too long. It is convenient when an exchange also lets users store funds on the platform. Coinbase Users Need to Wake Up Especially for novice users, this seems like a logical approach. In reality, it is one of the worst things anyone can do. Funds stored on an exchange or other trading platform is not the property of the buyer or trader. While it is linked
The post Coinbase Users Keep Their Funds on the Exchange for far too Long appeared first on The Merkle Hash.
Powered by WPeMatico
It is rather uncommon for a cryptocurrency network to grind to a halt. In the case of IOTA, the Foundation somehow managed to shut down the Tangle due to an incident. When developers or a Foundation can “pause” a network, there is something amiss. The IOTA Network can be Paused The core concept of cryptocurrencies is to be decentralized without central authority or control. In the case of IOTA, it appears there is some degree of centralization, albeit it may be a good thing in this regard. By shutting down the Coordinator node – which will be removed altogether in 
As so-called “doomsday prepping” grows in popularity thanks to news of coronavirus lockdown in Chinese cities, red flag gun laws and rampant Fed stimulus in the U.S., preparedness enthusiasts are asking about the viability of bitcoin in a SHTF situation. From cautious, light investor, to vehement denigrator of the “NSA-created surveillance money,” there is no […]
Plenty of cryptocurrency users have an interest in exploring different computer operating systems. Tails has always been of great interest in this regard. Similar to any other OS, the developers will introduce regular updates and fixes. Tails Acknowledges the Demand for Crypto Support In the latest edition, known as Tails 4.3, there is a key change for cryptocurrency users. This marks the first edition where Trezor hardware wallets are supported natively. A very interesting choice, given the nature of this privacy-oriented operating system. This news also comes at an interesting time. Not too long ago, it became apparent that all 
Facebook’s Libra digital currency is not going anywhere any time soon. Even though most people are aware of this, the UpLibra scam is trying to make the rounds once again. No one can obtain Facebook’s Libra at this time. There is no Libra Currency Given the current regulatory pressure, it seems unlikely that anyone will, for the foreseeable future. It would also appear that the overall interest in this project has waned significantly. Despite the unavailability of this token, several scam sites have popped up. They all claim to give users early access to Libra despite this currency not even 
A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely liquidated. Also read: Fed Chair […]
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations focusing on transparency will be rolled out soon. Also read: […]
Coinbase has launched margin trading for users of its cryptocurrency trading platform, Coinbase Pro. Both individual and institutional investors in selected regions now have access to Coinbase margin trading. The company plans to expand access to more regions and provide more types of collateral assets. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got […]
Many people consider the Ripple network to be completely centralized. That is not the case, as dozens of XRP validators are available at any given moment. Decentralizing a network on the scale of Ripple is no easy feat. Expanding the XRP Ecosystem However, some may argue that this network has less centralization compared to others. There are XRP validators, which act as somewhat of a full network node. There is always a demand for more validators, but incentivizing people to do so is a different matter altogether. CoinField wants to add more validators to the network through its own bounty 
A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike small online exchangers and peer-to-peer platforms. Also read: Russia’s New Prime Minister Has an […]