If you want to know some interesting updates from the crypto world, keep reading this review and stay updated on the latest crypto news of 2022 with the Daniele Marinelli most popular blog posts.
Robinhood launches 1,000 crypto wallets for users as part of beta testing
As part of the rollout, Robinhood is a new cipher for the app, including the completion of the wallet send/receive flow, the introduction of QR scans to simplify the flow, and the addition of an explorer feature that displays a variety of key statistics and transaction information, Daniele Marinelli writes.. We plan to test related features. cryptos provide blockchain at a glance. “Beta testers can help us test core features and provide important feedback to notify us of the final release of our products,” Robinhood CEO Vladimir Tenev said on the company’s website. Described in the post. Robinhood launches 1,000 crypto wallets for users as part of beta testing. The move of trading apps to add functionality occurs at the time of cancellation in the cryptocurrency market, where the prices of major coins have fallen by almost 50%. Analysts say the addition of crypto wallets could boost new registrations on the Robin Hood platform.
Is Warren Buffet’s opinion about cryptocurrencies wrong?
Warren Buffett has clarified his opinion on cryptography for many years. Billionaire investors say he owns nothing and never owns it. He claims that Bitcoin (BTC) and other cryptocurrencies are inherently worthless and can only be sold to someone else. It is undeniable that Buffett is one of the most successful and respected investors to date. He certainly knows one or two things about investing, but that doesn’t mean he’s always on the right track. Technology in particular is not his specialty, he admits it. So it’s strange that Buffett is very categorically opposed to cryptography when it’s not his specialty. Warren Buffett says cryptocurrencies are basically worthless and will end badly. Despite Buffett’s claim, most major cryptocurrencies have one or more clear use cases. Technology isn’t Buffett’s specialty, and he’s not a good source of crypto investment advice.
The fundamental help of CoinTracker for crypto investors
The next tax season can be particularly complicated for crypto investors. Many crypto investors are paying taxes for the first time to hold crypto. In the United States, the crypto industry is also challenging new rules for the recently hit $ 1.2 trillion infrastructure bill that applies to digital assets. This includes the requirement that the crypto exchange declares revenue and name and provides the customer’s address. The exchange is playing a role in preparing for the oncoming filing. Coinbase, one of the world’s largest crypto exchanges, announced an exclusive partnership with crypto tax and portfolio tracking provider CoinTracker earlier this week. This means Coinbase users can access CoinTracker software at a discounted price. More than 3% of the global cryptocurrency market, worth more than $ 50 billion in digital assets, is tracked on CoinTracker, and its CEO and co-founder Jon Lerner told TechCrunch in an interview. The platform allows users to see all their cryptographic activities in one place, including NFTs and decentralized finance (DeFi). With over 100 different exchanges and dozens of blockchains natively integrated with CoinTracker, users can easily get a complete picture of crypto holdings. The company announced today that it has raised $ 100 million in a Series A round led by Accel and valued the company at $ 1.3 billion. Both existing and new investors, including General Catalyst, Initialized Capital, Y Combinator Continuity, 776 Ventures, Coinbase Ventures, Intuit Ventures, Kraken Ventures, and numerous prominent angel investors from fintech and crypto companies participated in Series A.