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January 29, 2021

Mark Cuban’s Crypto Wallet Exposed – Here Are the Altcoins He’s Investing In

By Daily Hodl Staff

The contents of billionaire entrepreneur Mark Cuban’s Ethereum wallet are now public knowledge.

The Dallas Mavericks owner and Shark Tank star’s Ethereum wallet address was revealed after he promoted a digital collectible listed on the non-fungible token (NFT) marketplace Rarible via his social media account.

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According to pseudonymous crypto researcher Dogetoshi, who initially tweeted out Cuban’s Ethereum wallet address, promoting NFTs amounts to doxxing oneself – publicly broadcasting an individual’s private or identifying information.

“Promoting NFT = doxx.”

Cuban acknowledged it is his address after the wallet was posted online.

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Cuban’s altcoin bag includes a long list of decentralized finance (DeFi) altcoins. Cuban holds $134,000 of the decentralized finance (DeFi) protocol Aave, which represents the vast majority of his portfolio.

Aave enables users to borrow or lend crypto assets. Users who lend their crypto assets earn interest while borrowers use their crypto assets as collateral.

After that, the next-largest altcoin Cuban holds is about $1,000 of an obscure coin called Friends With Benefits. He also holds $400 of the controversial crypto Hex, which pays holders for rewards instead of miners.

Cuban also holds a minuscule amount of a long list of crypto assets. It’s likely that crypto investors sent small amounts of their favorite altcoin to Cuban’s wallet in the hopes of convincing him to check them out or to trick others into believing that he is invested in them.

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Featured Image: Shutterstock/Efirso

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