Coinbase Leads Users Astray By Recommending Everything Besides Bitcoin
Coinbase capitalizes on the altcoin craze to profit off users. Their “Top 10 Picks'' omits bitcoin and everything else on the list has performed poorly.The below is a direct excerpt of Marty's Bent Issue #1212: “Save a friend, tell them to get out of the Coinbase casino.” Sign up for the newsletter here. (Source) You'll often hear “Bitcoin maximalists” derided for being anti-free market when cautioning newcomers to stay away from altcoins and the exchanges that push them. Those snake oil salesmen who hiss at Bitcoiners often say that they are simply afraid of competition and don't want to....
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Based on the latest information provided, it appears as if the hacker story is the most likely outcome, as the Mist user noticed some strange IP connectivity requests during the time of the attack. An interesting and worrying post has been made on the Daohub forum, explaining how one Ethereum user lost a significant amount of funds as his Mist wallet allegedly got hacked. All of his funds has been sent to a wrong address, which may hint at a man-in-the-middle attack. Ethereum Funds Sent Astray through Mist Wallet. This case is a rather intriguing one, and a lot of information has been....
Coinbase will soon be doing away with their $0.15 ACH fee charged on all buys and sells. The fifteen cent fee has long been a point of contention and Coinbase is making the move to bear the cost of interfacing with the legacy banking system themselves. In an Ask me Anything Coinbase AMA on Youtube, Coinbase heads Fred Ehrsam and Brian Armstrong have been asking user-generated questions pouring in from several social media founts. Ehrsam explained: Right now we pay miner's fees for our users. It's kind of the same idea. Most people probably don't want to think about them [the fees]. Also....
Coinbase announced this week that its user base had crossed the 650,000 mark. It seems the young company is on a roll, as it recently managed to secure $25m in a round of funding led by Andreessen Horowitz. Coinbase has grown more than 20-fold over the past nine months. The service started back in 2013 with just 30,000 accounts but by August it had gained over 200,000. The number of Coinbase transactions is growing even faster - up more than twenty-fold since January. User demographics. The company also shared some interesting data on its demographics. The vast majority of Coinbase users....
Security concerns have many Bitcoin users feeling uneasy in recent weeks after learning the new Coinbase iOS app wasn't developed by Coinbase. Instead, the app was introduced by a third-party developer not directly affiliated with the company. Though the app carries the Coinbase name and logo, users are skeptical of its origins and security standards. The Bitcoin wallet app, which is similar to previous versions recently removed from the iTunes app store, was developed out-of-house by Andrew Vilcsak, who has no official connection to Coinbase. The Coinbase iOS app. The app store page for....