Coinbase Will Be ‘Best Investment’ Over Next 5 Years: Boost VC’s Adam Draper
“If you are a short-term investor, if you are on Wall Street, you think that last year Coinbase was an awful investment,” Draper said. “And I would argue that over the next five years, it’s going to be the best investment,” he added, noting that right now – “emotionally everyone would hate it [investing in Coinbase].”
Related Posts
Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says
Developing countries are major crypto users, given volatile exchange rates and lack of access to banks.Central bankers from Latin America reiterated concerns about crypto failing to deliver on its promise, but say the technology should be controlled, not forbidden.Crypto is failing to reduce financial risks in emerging markets, but the response should be regulation rather…
Japan Regulators Seek Answers in Wake of Zaif’s $60 Million Crypto Hack
Japan's top financial regulator is seeking answers from the operator of the Zaif cryptocurrency exchange, a situation that comes days after the trading site disclosed that it lost millions of dollars worth of crypto in a hack. Zaif, which is operated by the Japan-based firm Tech Bureau, reported last week that it lost as much…
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.…
North Korea Denies It Hacked $2 Billion in Fiat and Crypto
news North Korea has denied a recent U.N. report suggesting it was behind major hacks of banks and cryptocurrency exchanges that reaped around $2 billion for the nation’s weapons programs. Reuters reported on Sunday that a statement from the National Coordination Committee of the DPRK for Anti-Money Laundering and Countering the Financing of Terrorism accused the…
CoinDesk’s Twitter Hack Proved the Media Can’t Rely on Web 2.0
Jul 24, 2020 at 21:21 UTC(Free Stocks/Unsplash, modified with Photomosh)CoinDesk’s Twitter Hack Proved the Media Can’t Rely on Web 2.0A rundown from one of CoinDesk’s editorial Slack channels during an action-packed hour on Wednesday last week reads like a high-pace drama. It tells the tale of a news team going through a process of incremental…
Examining Facebook’s Claim Its Crypto Is for the Unbanked
news Daniel Evans is part of the team that started the Gibraltar Stock Exchange (GSX), which is now open for security token listings. Opinions are his own. The excitement about Libra is premature. Maybe Zuck’s got more to share, but right now there’s very little information, and Libra has a lot to prove. Libra’s main…
Wirecard Fallout: Auditor EY Accused of Not Flagging $2.1B Black Hole Sooner
Jun 29, 2020 at 12:54 UTCUpdated Jun 29, 2020 at 13:33 UTC(Sundry Photography/Shutterstock)A German shareholder body has accused “Big Four” auditor Ernst & Young (EY) of failing to spot a $2.1 billion black hole in Wirecard’s books soon enough. Shareholders’ association SdK filed criminal damages against EY Friday for not flagging Wirecard’s accounting practices earlier,…
Coinbase Analysts See ‘Green Shoots’ After Weak Third-Quarter Results
Coinbase (COIN) shares slid by as much as 10% Wednesday after the U.S. crypto exchange reported third-quarter revenue that fell short of expectations and weaker trading volumes than in the second quarter. The shares recently pared their drop to trade at $339 by publication time.Some Wall Street analysts are taking a longer-term view of the…