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CRYPTO INSIDER: Bitcoin keeps on tanking
Posted March 8, 2018 1:1 PM
CRYPTO INSIDER: Bitcoin keeps on tanking

Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

9 people who got rich from cryptocurrencies show off the lavish ways they're spending their fortunes

Since the creation of bitcoin in 2009, the world of cryptocurrency has seen plenty of drama: huge price increases are followed by sharp drops, all while believers and cynics clash over whether it has a future.

Still, nine years later, some people have managed to turn an impressive profit on cryptocurrencies like bitcoin, Ripple's XRP, and ether. Some of them are millionaires — perhaps even billionaires.

As these photos show, many of those who profited early from cryptocurrencies are young men. But while an estimated

39 of the best secret categories on Netflix and how to find them

Netflix has an insane amount of content, but it's not always easy to find what you want.

The categories Netflix gives you access to are broad, which is made more frustrating by the knowledge that Netflix splits movies and TV shows into incredibly specific micro-categories.

Luckily, it's pretty easy to access those ultra-specific categories. All are tagged with a number — for example, "Epics" is category No. 52858.

And once you have that code, to get a comprehensive list all you do is type it into your address bar after the word "genre," like this:

Coinbase snags an executive from the New York Stock Exchange as it tries to become the Google of crypto

The New York Stock Exchange lost an executive to cryptocurrency exchange Coinbase, according to a blog post by the company.  Eric Scro is set to join the San Francisco-based company as vice president of finance.  Coinbase, which has been at the heart of the crypto boom, told Business Insider it expects to double its team from 250 employees to 500 in 2018.

Count this as a sign that Coinbase is snagging talent to build to the Google of crypto. 

Coinbase, the cryptocurrency trading platform, hired an executive from the New York Stock Exchange, according to a blog post out Thursday.  

The company people were confusing for Snapchat is changing its name and pivoting to blockchain

Snap Interactive has rebranded as PeerStream, and plans to launch a blockchain-based messaging app called Backchannel later this year.  In an interview with Business Insider, CEO Alex Harrington explained the name change and new business line.

When Snapchat's parent company, Snap Inc., went public last year, Snap Interactive unexpectedly got a boost because of its similar name. 

At the time, the company's chairman

Uber and Lyft drivers are selling candy and snacks in their cars — and it's indicative of a dark truth

• Uber drivers, as well as drivers for Lyft and other ride-hailing companies, are turning to alternative means to make some extra cash while they drive.

• Experts say the rise of these supplemental sources of revenue are an indicator that ride-share drivers feel underpaid.

• A recent MIT study claimed that Uber and Lyft drivers make less than minimum wage.

• When it comes to pay, both Uber and Lyft drivers have criticized the ride-hailing giants.


$9 billion Stripe just bought a payments startup backed by Eric Schmidt as it goes after even larger customers

$9 billion startup Stripe has purchased Index, a point-of-sale software developer backed by Eric Schmidt's Innovation Endeavors.  The move comes as Stripe goes after larger customers — including new customers Allianz,, and Zillow. The acquisition of Index will give Stripe a formal product for physical stores for the first time.

Stripe, the $9 billion payments processing startup, has purchased Index — an in-store payments startup backed by former Google CEO Eric Schmidt's venture capital firm Innovation Endeavors.

Index provides software for in-store payments systems, like the PIN pads that you probably already use to pay with a debit or credit card at your local Target or pharmacy. Its biggest claim-to-fame is that its software for PIN pads can read a chip card in under a second, making for faster checkouts. 

Why critics are calling 'Veep' creator's 'The Death of Stalin' the 'funniest' movie of the year

Film critics are widely praising "The Death of Stalin," a sharp political satire of the Soviet government that takes place in 1953, immediately following the death of dictator Josef Stalin. 

Written and directed by Armando Iannucci, the creator of HBO's Emmy-winning series "Veep," the film is a dark and absurd dramatization of the power struggle among Stalin's cronies after the Soviet leader's death. 

It's based on a French graphic novel of the same name, and it stars Steve Buscemi as Nikita Khrushchev (Stalin's successor), alongside Jason Isaacs, Michael Palin, and Jeffery Tambor.

In January, the Russian government banned the film from being released in Russia, and a Russian official reportedly described the film as a form of "

28 brilliant questions to ask at the end of every job interview

• Finding questions to ask your interviewer is a crucial part of preparing for any job interview.

• Asking questions is a simple way to show that you're truly interested in the role and the company.

• Business Insider compiled a number of smart questions that are sure to impress your next interviewer.

Thinking up questions to ask during job interviews is key.

Remember, every interview is a two-way street. You should be interviewing the employer just as much as they're interviewing you. You both need to walk away convinced that the job would be a great fit.

So when the tables are turned and the interviewer asks, "Do you have any questions for me?" take advantage of this opportunity. It's the best way to determine if you'd be happy working for this employer, and whether your goals are aligned with theirs.

Peter Thiel's dream of a floating libertarian utopia may have finally been killed

Peter Thiel's dream of a libertarian utopia in the middle of the ocean may have finally sunk.

Radio New Zealand is reporting that the French Polynesian government has not renewed its agreement to help the Seasteading Institute, a group created in Silicon Valley, build a permanent and politically autonomous settlement off the coast of the South Pacific islands.

In 2008, Thiel, a billionaire investor and Trump transition team member, launched a mission to develop a floating city, called a seastead, that would operate independently from existing nations. Thiel invested $1.7 million in The Seasteading Institute, but resigned from its board in 2011. He later