Coinbase Wallet Drops BCH, Ethereum Classic, Stellar Lumens and XRP [ Crypto Espresso 11.30.22 ]

It's Wednesday and you know what that Means close your eyes make a wish it Came true because this is crypto Espresso that's right I'm your host Andrew and it is Saint Andrews day a Blessed day indeed it's also crypto Espresso your teeny tiny daily shot of Caffeinated crypto headlines but more Importantly because Saint Andrews day I Mean come on it's a it's a great name Anyway here's the news first up free Advice to Sam bankman freed maybe don't Talk so much right now in an interview With a crypto YouTuber in a very Carefully worded statement the embattled Entrepreneur denied creating a secret Back door so he could move funds out of FTX he also confirmed that he's ignoring Advice from lawyers to stay quiet Telling them to go flip themselves again Use your imagination I'm not saying the Real f word here the 30 year old said he Regretted filing for bankruptcy as four Billion dollars in liquidity became Available just eight minutes later oh Darn the luck he claims it would have Been enough to make all users whole Espia fears that while FTX us customers Will get their money back in full inter International users may only get 20 to 25 cents on the dollar elsewhere in the Interview he acknowledged that he has Lost the trust of the crypto community And any apology will ring Hollow

Bankrupt crypto lender blockfi has more Than one billion dollars tied up in the Bankruptcies of FTX and Alameda research A lawyer has revealed Alameda has Defaulted on loans worth a princely sum Of 671 million dollars and blockfi also Has 335 million dollars locked up in FTX Accounts that are now Frozen the latest Casualty of the bear Market says it is Planning to lay off two-thirds of its Remaining 292 employees crypto lawyer Sasha hotter told coindesk that she Fears block fi customers are really at The bottom of the list when it comes to Getting their money back the U.S Securities and Exchange Commission which Is owed 30 million dollars following a Settlement earlier this year may end up Being at the front of the queue Russian Crypto billionaire and libertex group Chairman viachislav Taran has been Killed in a helicopter crash in route to Monaco the 53 year old was the soul Messenger in a flight from nearby Lausanne in Switzerland Tehran was Founder of Forex club and the libertex Exchange the company said in a statement Vyachaslav Taran will be missed more Than words can express and everyone at Libertex will eternally be grateful for What he has accomplished only in the Past month he is the third crypto Executive to die under strange Circumstances last week Amber group

Co-founder tiantian kulander died Unexpectedly in his sleep and on October 28th maker Dow co-founder Nikolai Mushegian drowned in Puerto Rico Coinbase has announced that it will drop Support of four old and well-known Cryptocurrencies for its coinbase wallet Product Bitcoin cash ethereum classic Stellar lumens and ripples xrp in a note On its website coinbase said that as of January 23 2023 its coinbase wallet will No longer support the tokens and their Networks due to low usage after that Date it will be possible to move these Assets into another wallet but it will Require the use of a coinbase recovery Phrase warning sending or receiving Unsupported assets through coinbase Wallet will cause you to lose them this D listing only applies to the coinbase Wallet and not to coinbase.com or the Coinbase app and finally the second Annual crypto literacy survey found that Americans are still overwhelmingly Crypto illiterate just nine percent of The Thousand respondents to the 30 Question October survey received a Passing grade of at least 60 percent Despite questions that were pretty basic And while nine percent is a pretty Terrible number it is double last year's Number of four percent concerningly this Percentage is still far below the 32 Percent of respondents who said that

They own cryptocurrencies just 30 Percent knew what network nodes were While just 25 understood crypto mining 20 could correctly identify staking and A Satoshi and decentralized finance or Defy came in only at 18 non-fungible Tokens or nfts fared a little bit better Than broader crypto markets with 40 able To correctly answer what is a Non-fungible token and hopefully a Hundred percent of you can answer what Is an outro engagement Spiel think about It now you took too long that would be Like this video subscribe to our YouTube Channel and click on that little bell Icon to get buzzed whenever new crypto Espresso video goes live and what free Legal advice would you give to SPF other Than Let me know in those comments below Because I read them and maybe SBF will Get the hint no no he won't questions About our headlines or crypto in general Hey you want to study for an upcoming Crypto literacy survey ask Alex in that Description below Alex is also a great Resource for all things web 3 in the Metaverse and oh yeah we also have Crypto explainer videos on YouTube we go Over things like Mining and defying Stakings and all these people yet these People would have gotten such a better Score if only they watched our YouTube Channel I'm just saying I'm just saying

Anyway I'll get off my soapbox again I'm All fired up I've been your host Andrew These have been your headlines and Knowledge is power see you tomorrow

Coinbase
OUR TAKE

Coinbase is a popular cryptocurrency exchange. It makes it easy to buy, sell, and exchange cryptocurrencies like Bitcoin. Coinbase also has a brokerage service that makes it easy to buy Bitcoin as easily as buying stocks through an online broker. However, Coinbase can be expensive due to the fees it charges and its poor customer service.

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