• Wall Street
    Bitcoin,  Opinion

    Abra adds other features, but…

    App announced this week they will start letting customers make small stock and ETF purchases

    On Wednesday, Abra said its app will use the Bitcoin blockchain and smart contracts technologies to support fractional investments in stocks and exchange-traded funds (ETFs). Abra already offers the ability to “invest” in 50 fiat currencies and over 30 cryptocurrencies. This app is also very bad and we really love talking about it.

  • Award
    Bitcoin,  Cryptocurrencies,  Ethereum

    Review | And the award for worst crypto app goes to…

    Why Abra is the sh*tcoin of apps

    On its surface, Abra is an idiot proof app that should be about as functional and easy to use as Venmo. Open it up, enter your pin, add money from your account. But in practice, it is a goddamn nightmare that seems to violate everything the crypto world holds dear—transparency, anonymity, and fluidity. This is the story about an app that I would very much like to punch in the face. Even though crypto is supposed to free us from banking restrictions, you still very much get what you pay for on exchange platforms. Sites with relatively high fees like Coinbase can take a week to verify your hard earned…