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Coinbase is buying $500 million in crypto and investing future profits into a crypto portfolio

  Coinbase  will buy $500 million in crypto on its balance sheet and allocate 10% of its quarterly profits into a crypto assets portfolio, company executives announced late Thursday. The company plans to invest in “ Ethereum , Proof of Stake assets, DeFi tokens, and many other crypto assets supported for trading on our platform,” becoming the first public company to do so, finance chief Alesia Haas said in a  blog post . CEO Brian Armstrong first revealed the brokerage’s plans in an earlier tweet, saying he expects the allocation to grow as the market matures. He also indicated the company’s ambitions to diversify its crypto services and operations, which mostly center around trading. “Hopefully over time we can operate more of our business in crypto,” Armstrong  said on Twitter . “Today it is still a mix.” The price of  bitcoin  climbed higher on the news, passing $47,000 on Friday after sitting below $45,000 the previous two days.  Coinbase  sha...
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Davido publicly replies follower who accused him of killing his 3 friends

Following the death of Davido’s friends Tagbo Umeike, DJ Olu and Chime, Nigerian man identified as @kellydgreat_ on Instagram has come out to accuse the singer of killing them just days apart. It was reported earlier  that Davido, who performed at a show outside Nigeria over the weekend, took a  minute after his performance to pay his tribute  to his dead friends. On Sunday, October 8, the short video clip of the 30 billion crooner was posted on his Instagram handle and @kellydgreat_ was quick to judge Davido despite the many controversies on ground surrounding the mysterious death of these individuals. Davido loses three friends in less than a week The young man disclosed that there is something fishy about the death of these men adding that, Davido allegedly has something to do with their death. @kellydgreat_ said: “ Drama King Davido, you are responsible for the Death of three of your friends Tagbo, Chime, DJ Olu who all died the same Way within the Per...
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Katsina Court Remands Herdsman In Prison For Allegedly stealing 22 cows and one sheep

- A cattle rearer, Auwalu Idi, has been remanded in jail by a Katsina Senior Magistrates’ Court, for allegedly stealing 22 cows and one sheep - Idi became a prime suspect due to his absence and movement while the attack was taking place; and he later allegedly confessed to selling the missing cows at a market - The suspect was ordered to be remanded in jail until November 27, 2017, when the case comes up for mention    For allegedly stealing 22 cows and one sheep entrusted to his care, a Katsina Senior Magistrates’ Court has ordered that a cattle rearer, Auwalu Idi, be remanded in prison, Punch reports.   The animals were allegedly stolen from a Zamfara grazing camp, during an armed robbery attack in which the 20-year-old son of the cattle owner, Lawal Sani, was wounded.   It was  gathers that Sani was the only one with the livestock when the robbers invaded the property.    According to the police, Idi became a prime suspect, due to his ...
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