CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Lex Sokolin of ConsenSys discusses the Solana wallet hack, Robinhood job cuts, and what to expect from crypto businesses when the bear market ends.
00:00 – CNBC Crypto World, August 3, 2022
0:22 – Bitcoin rises
0:34 – The headlines
2:46 – Lex Sokolin of ConsenSys
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Solana wallets hacked, MicroStrategy’s Saylor steps down, and Robinhood cuts jobs: CNBC Crypto World
29 Comments
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If bitcoin or crypto wants to decentralize, it should be traded for commodities only and never for fiat currency. For example, it should be worth $0 USD and instead trade for my 3 cows.
It is always better to avoid hyped stocks and desire to double your money in no time.
Invest in good tech !
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Then who will responsible for it?
when are people ever going to learn that bitcoin is the only truly decentralized crypto that cannot be hacked. every other coin is centralized garbage that can be controlled and manipulated by a few people (buterin controls ethereum, hoskinson controls cardano, Luna is controlled by Do Kwon, solana controlled by bankman-firedetc). do you want to invest your money in something whose value depends on the whims of a single person (or few persons)? you're a damn fool if you do.
The interesting times has come to the crypto world. The only two stable things that's not going anywhere is USDT and BTC remaining the top 1 crypto.
Whats with those background? Empty office, really?
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and bitfinex is hiring now. it shows the stronger ones pretty good…
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I believe that the >fear and greed index with a new low value of 6 reflects how the crypto market reacts to a full blown recession. Yes, there were crypto bear markets in the past, either caused by regular cycles or extraordinary events such as COVID, but we never experienced a true economical recession in the crypto market. Keep in mind that crypto market is just another financial market (meaning that is 100% dependent on major macro economic events) and is more volatile than other markets (which is a good thing, cause that offers long term opportunity to get rich in an extended timeframe meaning buying like crazy during these times and selling at the peak of the next bull market – whenever that may be). but the biggest, most "boring" coins right now (BTC, ETH, BNB) with big utility and market cap that will not go to 0 until the end of this bear market. I buy and just trade long term more than ever, I have made over 19btc from day trading with Stacy Huth Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish
I immediately checked my USDt on Solana when I heard of the hack. Looks like they stole Sol and USDC only.
It <makes sense, BTC and crypto is off helping to regulate, rather than pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 16` btc from day-trade with Anika Hobson Crypto in few weeks
Check out the next episode of CNBC’s Crypto World: https://youtu.be/gUGFYPzmuO4
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