Is It the End of Clubhouse? Crypto Glitch Leads To Trillions | Bold Business
June 29, 2021
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as posted by the channelNeed to know the latest stock market news and today? We’ve got it here.
Welcome back to Bold Business with Philip Michael! Be sure to like, subscribe, and hit the notification bell for all things BOLD, and for more news headlines, US economy news and crypto news today.
Coinbase Crypto Glitch? $20 Turns Into Trillions!
A man named Chris Williamson invested $20 in an obscure currency called Rocket Bunny, and when he checked his account the next morning he was a trillionaire. Only when he tried to withdraw the money in the Coinbase app, it wasn’t working and now his account is frozen. After repeated attempts to reach out to Coinbase, they haven’t responded. What does this mean for more obscure crypto like Rocket Bunny?
Is It The End Of Clubhouse App?
No one is asking “What is Clubhouse” anymore, because the Clubhouse app was the hottest thing during quarantine. With millions upon millions of downloads. Now that the world is opening back up, people are spending less time on the app. Not to mention Spotify and Facebook have created their own competitors to Clubhouse. Does this spell the end of Clubhouse?
The 2021 Racial Wealth Gap - Study Finds Income Inequality For Black Americans
A recent study by McKinsey & Company said that 3.5 million black American households have a negative net worth, equaling about 19% of black American families, and about 8% of white American households have a negative net worth. An additional 4.3 million black American households have a net worth of less than $10,000, and black American workers make up almost 13% of the nation’s labor force but earn only over 9.6% of total US wages. What is the driver behind this, and how can we fix the American racial wealth gap?
What do you think about today’s round of news headlines and crypto news today? Let us know in the comments below!
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