Crypto news digest for August 24
CoinShark journalists have prepared for you a collection of relevant news from the cryptosphere. In this digest, you will learn the results of Arcane 24 and Pew Research Center reports on the activity and efficiency of trading in the US, as well as information about Cardano, Coinbase and interesting details of the new Netflix series about the notorious John McAfee.
Arcane 24 analysts claim that in 90 days the most active traders on crypto exchanges were Americans. They accounted for 14% of global traffic.
According to the Pew Research Center, which surveyed 6,000 traders, 46% of digital asset investors in the US are dissatisfied with their investment returns. Only 15% said that the profit from investing in crypto assets exceeded their expectations.
Charles Hoskinson, the creator of the Cardano cryptocurrency, defended the programmer who developed the source code for the Tornado Cash cryptocurrency mixer. According to him, developers should not be responsible for how the product is used by third parties.
Brian Armstrong, CEO of crypto exchange Coinbase, is focused on cutting costs amid a tough macroeconomic outlook and declining cryptocurrency prices.
In his opinion, the crypto winter can last up to 1.5 years, and in order to offer traders additional opportunities, Armstrong plans to move away from earning based on trading commissions, moving to a subscription-based model.
John McAfee, creator of the eponymous anti-virus product and controversial cryptocurrency proponent, may have faked his own suicide.
A new Netflix film quotes longtime friend Samantha Herrera as saying McAfee did not commit suicide in a Barcelona prison. He managed to escape, and now he lives in Texas (USA).
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