The CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced “huge news” for dogecoin fans. While his company works on accepting cryptocurrencies, he said that customers can now “buy AMC Theatres digital gift cards … with dogecoin and other cryptocurrency.” AMC Accepts Cryptocurrencies for Gift Cards After announcing that AMC will “figure …
Monthly archives: October 2021
Spellfire Completes Seed Funding Round – Terranova, x21, Autonomy Capital Among Top Investors Onboard
sponsored Spellfire, a legendary card-based NFT game powered by Ethereum and incorporating some unique features, has successfully completed its seed funding round. Terranova, x21 and Autonomy Capital have led 360,000 USD investment into the project, with more investors eyeing spellfire’s incoming private round. Spellfire has some unique features which make it stand out among its …
Janet Yellen Defends Tax Compliance Agenda — 3 State Treasurers Promise Not to Comply
The 78th United States secretary of the treasury, Janet Yellen, is very concerned about tax evasion, according to statements she made during an interview with CNBC’s “Squawk Box” that aired on October 5. Yellen claims there’s an “enormous tax gap” and she insists financial information concerning where income derives from can get “hidden.” Janet Yellen …
US Lawmakers Float the Idea of Minting a Trillion-Dollar Platinum Coin to Avoid Sovereign Debt Crisis
American politicians have been clamoring about the U.S. facing a significant debt crisis and the debt ceiling putting the country at risk of default. Joe Biden spoke about the debt ceiling and told Republicans to “just get out of the way” when it comes to the decision. Meanwhile, a number of U.S. bureaucrats are floating …
$1,500,000,000 Bitcoin Whale Transaction Makes Waves As Huge Crypto Holders Stockpile BTC
As Bitcoin whales accumulate large amounts of BTC, one holder just cleared out over $1.5 billion worth of the leading crypto asset from a single wallet. Blockchain.com confirms the October 4th transaction which relocated a whopping 31,306 BTC, valued at $1,500,784,730 at the time. ADVERTISEMENT Crypto analytics firm Santiment says whale traders recently accumulated …
Crypto Transactions Grew Over 700% in This Part of the World, According to Blockchain Data Platform Chainalysis
One region of the world is seeing a whopping 700% surge in crypto transactions in the past year, according to a new report from the blockchain data platform Chainalysis. Central & Southern Asia and Oceania (CSAO) received $572.5 billion in crypto asset value between July 2020 and June 2021. Chainalysis notes that the region’s transaction …
Bank of America Thinks Digital Assets Will Impact Most Industries in the Coming Decades
Bank of America is betting big on the potential for blockchain technology and digital assets to disrupt most major industries over the next 30 years. Global research from the bank indicates that, despite current regulatory pressures, significant growth will come to the crypto ecosystem beyond Bitcoin (BTC) as the industry evolves. ADVERTISEMENT “Despite potential …
Crypto Analyst Says Fast-Rising Altcoin Will 10x Through This Bull Market
A closely followed crypto analyst has his eye on a fast-moving altcoin that he says is likely to pull off a 10x or more during the current bull market. The pseudonymous analyst known as Credible Crypto explains to his 246,000 followers why Convex Finance (CVX) is high on his watchlist. ADVERTISEMENT “I am looking …
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3 reasons why Terra (LUNA) price hit a new all-time high
Protocol upgrades are one of the biggest drivers of momentum because they show developers’ dedication to fixing bugs, incorporating user requests and adding new features that make the protocol competitive and shore up the token’s value. One project that has seen its token price rally to a new all-time high following the launch of a …
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Chainalysis acquires cybercrime investigative firm Excygent in fight against ransomware attacks
Blockchain analytics firm Chainalysis has purchased cybercrime investigative company Excygent for an undisclosed amount, hinting the two will continue to work together to help “dismantle ransomware operations.” In an Oct. 5 announcement, Chainalysis CEO Michael Gronager said the firm had collaborated with Excygent on projects including seizing cryptocurrency connected to the now defunct darknet market …
AMC Theaters’ acceptance of Dogecoin follows viral community appeal
Following an overwhelming positive response to a Twitter poll on Sept. 21, CEO of AMC Theater, Adam Aron announced Wednesday that the chain would officially accept Dogecoin payments for digital gift cards via BitPay Wallet. The Dogecoin community — notoriously passionate for adoption initiatives — tweeted in droves to advocate for the asset’s integration within …
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Ukrainian president returns virtual asset bill to parliament for revision
Volodymyr Zelensky, president of Ukraine, has delayed the signing of the bill that would establish the nation’s regulatory framework around digital assets. The draft law, entitled “On virtual assets,” secured parliamentary approval on Sept. 8. However, according to an Oct. 5 statement issued by the presidential office, Zelensky remitted the legislation back to the parliament …
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Bank of America identifies 20 high profile US companies with crypto exposure
Walt Disney, Fox Corporation, and JP Morgan are among a list of 20 publicly traded U.S. companies with some level of exposure to crypto and digital assets, based on data by Bank of America, or BofA. According to a BofA report published on Monday, companies like Morgan Stanley, Signature Bank, and Warner Music Group also …
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Nifty News: Dapper Labs pursuing DAOs, Bundesliga partners with Sorare, and more.
Dapper Labs targeting DAOs with Brud acquisition Dapper Labs, the $7.5 billion team responsible for NBA Top Shot and Flow Blockchain, acquired virtual influencer start-up Brud this week. In the Monday announcement, CEO Trevor McFedries announced a new initiative titled Dapper Collective, which will aim to support communities in building decentralized autonomous organizations, or DAOs, …
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Bitcoin Set to be Legal Tender in Brazil – Price Rockets to $54,000
Bitcoin is racing higher today after smashing through $50,000 yesterday for the first time since early September and now trading above $54,000, following news that Brazil is likely to make the virtual currency legal tender. Hot on the heals of El Salvador, which made the leading cryptocurrency legal tender in the country in early September, …
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