5 things to know before the opening bell

Good morning! Today we bring you a special edition that highlights five of our top stories from the past month. We will return with a regular newsletter on Monday morning.

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Let’s get into it.

Hai Dinho, the cryptocurrency worker.
Hai Dinho, the cryptocurrency worker.

1. Meet Hai Dinho, a college student who uses his old laptop to mine shiba inu coins for free. He told Insider he used the UnMineable website to download software that has allowed him to collect over 12,000 SHIB a day. (SHIB is one of the most popular meme tokens in 2021.) Dinho broke down his strategy – and shared how others know my coins as well.

A federal court in Miami this month dismissed a class action lawsuit from retail investors claiming that Citadel Securities and Robinhood had conspired to halt GameStop trading. Many meme stock traders believe the two companies worked together to stop trading in certain stocks on January 28th. “Internet conspiracies and Twitter mobs are trying to ignore facts,” Citadel wrote in response when #CitadelScandal trended on Twitter. The judge said that although some of the emails between the two companies were suspicious, they did not constitute overwhelming evidence of illegal activity.

This 26-year-old built a $ 1 million real estate portfolio after starting with a $ 18,000 loan. James Walker III told Insider he is looking for tenant-friendly laws in areas where he buys property. This allows for a more conducive environment for creating positive cash flows. He explained his strategy and why beginners should buy their first home through FHA.

4. What is a DAO and why did you just try to buy the US Constitution? A group of Internet friends joined forces to form a DAO, or a decentralized autonomous organization, in an attempt at an original copy of the U.S. Constitution. Together, they crowdfunded $ 46 million for the auction. They were in the fight to win it, but Citadel’s Ken Griffin outbid them. Still, the group’s rapid fundraising has made DAO the next big thing in the crypto world.

5. A crypto trader is betting that the meta-verse is about to explode. Mason Versluis searches the web for new projects that have the potential to become mainstream – and he sees metavers-linked cryptocurrencies as the next big thing. Among other coins, he has monitored Decetraland’s mana token, which is used in one of the most popular metaverse environments. This is his top five altcoin picks.

Compiled by Phil Rosen. Feedback? Send an email to prosen@insider.com or tweet @philrosenn.

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