BinanceNFT celebrate it's 1st birthday. Coinbase pro is shutting down
Hello friends. This week as been a tough one in the Cryptoverse as the prices of various Cryptos and coins are falling at a high reversed attitude and the holders, cryto markets and companies are not finding it funny as well.
Coinbase Pro is going to be discontinued later this year, the exchange has confirmed. The standalone site offers more technical trading features than the standard version of Coinbase — and crucially, lower transaction fees. In a statement, the company said a replacement feature called Advance Trade is going to be rolled out in the normal Coinbase app. This will prevent traders from having to constantly switch between Coinbase and Coinbase Pro. It's one of the worst-kept secrets in crypto that Coinbase Pro offers much lower trading fees than Coinbase. The company says Advance Trade will continue to offer the same volume-based fees. That's a sad news there for marketers and people that want to swap their coins, right?
In another news, The Challenge with Crypto Courses:
The University of Cincinnati has become the latest institution to announce it's creating new courses that'll educate students about crypto.
On one hand, this is a great idea. A shortage of developers means there's all too often a lack of talent in the industry (perhaps not right now in this bear market.) It can also give students a grounding in the fundamentals of digital assets — helping them to make astute decisions if they decide to invest.
But there's one reservation I have about this plan: given how quickly the worlds of crypto and blockchain move, there's a real danger these courses will be out of date quickly.
I'm sure the academics will figure this one out, and make sure that their courses are sufficiently futureproof. But I'd argue that blockchain clubs — or extracurricular discussions about trends in the industry — are probably a much better way of helping curious students learn what this crazy space is all about.
A university education is a great thing, but it's not something that's available to everyone. One of this industry's most powerful attributes has been how anyone can start building if they've got a willingness to learn. If courses and degrees on crypto and blockchain proliferate, there's a danger that they'll become a mandatory requirement for job applicants in the future. But can they really be a substitute for practical experience?
A central bank's deputy governor says crypto winter like dotcom bust; The dramatic crash of the crypto markets is comparable to the dotcom bubble bursting, a senior Bank of England official has said. According to Bloomberg, the central bank's deputy governor Sir Jon Cunliffe suggested that businesses who survive this current market rout could gain influence in the years to come. Reflecting on the collapse of early stage internet companies, he said: "A lot of companies went, but the technology didn’t go away. It came back 10 years later, and those that survived — the Amazons and the eBays — turned out to be the dominant players." He also revealed that he expects "crypto technology" to endure.
Happy birthday to BinanceNFT
June 24, 2021, marks the birth of Binance NFT, and it's amazing to see how much the platform has developed in this short span of time. They launched the Binance NFT marketplace to provide everyone the ultimate, no-compromise NFT experience. And they haven’t stood still – they’ve since elevated our platform by leaps and bounds and grown from strength to strength to become one of the world’s most popular NFT marketplaces.
Follow their group pages Binance NFT Community on Telegram or Binance NFT on Twitter and Instagram for the latest updates and to participate in our exciting activities now!
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