Coinbase has reportedly terminated customer support agents in India for alleged involvement in social engineering scams targeting users. These incidents may lead to remediation costs between $180 million and $400 million. The company's shares dropped over 5% following the news.
Qiao Wang suggests launching early-stage projects on Solana over Ethereum Layer 2 due to certain advantages.
Qiao Wang, a key Web3 figure, forecasts a bullish trend for Bitcoin and top altcoins in 2023, shedding light on crypto market dynamics.
Qiao Wang is bullish on Bitcoin, while Imran Khan supports HYPE. Their insights were shared in a podcast by the Founder Community Alliance DAO.
Solana-based memecoins have become the leading narrative of the crypto market in this cycle. Experts discuss their rise, despite criticism for lack of utility, emphasizing shared culture and internet virality. Memecoins have absorbed market energy, potentially surpassing past trends like NFTs and DeFi.
Top analyst Qiao Wang believes macro conditions are strong for a crypto rally as the US and China enter new easing cycles.
Qiao Wang of AllianceDAO discussed Web3 consumer apps at TOKEN2049, highlighting Bitcoin's role in gamification and user retention.
The share of successful crypto startups in the U.S. has dropped to 20% under the Democrats' rule, per Alliance. Co-founder Qiao Wang attributes the decline to the current political administration.