AMC Confirms Plan to Accept Bitcoin, Ethereum, Litecoin, and Bitcoin Cash

The world’s largest movie exhibition company, AMC Entertainment, has announced its plan to accept cryptocurrencies by year-end. AMC CEO Adam Aron says the entertainment giant will accept bitcoin, ether, litecoin, and bitcoin cash. AMC Prepares to Accept Cryptocurrencies AMC, the largest movie exhibition company in the U.S., Europe, and the world, has unveiled its plan …

HUMAN Protocol (HMT) Announces Listing on Bitfinex

sponsored September 16th, 2021 09:00 UTC – The HUMAN Protocol Foundation, the team behind HUMAN Protocol, have announced today that the Protocol’s native utility token, HMT, is listed on Bitfinex. Bitfinex is one of the crypto world’s legacy exchanges. It consistently performs as one of the highest ranked exchanges, taking into account trading volume, liquidity, …

IRS, Janet Yellen Press Lawmakers to Push ‘Tax Compliance Agenda’ — Banks to Report Deposits, Withdrawals of $600

On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from American bank accounts. Regardless of tax liability, financial institutions across the country will have to report accounts with at least $600 worth of transactions or …

Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform

The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of the prospective digital lira. Turkey Sets Up Digital Lira Collaboration Platform The Central Bank …

Over $1 billion worth of Ethereum (ETH) now burned after EIP-1559 update

Nearly six weeks after the implementation of the highly hyped Ethereum London upgrade, a colossal amount of ETH has been burned on the network. $1 billion Ether burned Data from Watchtheburn confirmed this with figures, as it indicated that since the activation of London Hard Fork on August 5, over 297,000 ETH, worth more than …

Coinbase to soon offer crypto futures and derivatives

Coinbase, one of the world’s biggest and most regulated crypto exchanges that went public earlier this year, will soon offer futures and derivatives trading as it looks to bump up its overall product offering. “Today, Coinbase filed an application with the NFA to register as an FCM → Futures Commission Merchant.  This is the next …

Apple blocks Gnosis crypto wallet after it displays NFTs

Apple blocked a new version of the Gnosis Safe mobile app, because the crypto wallet provider displayed non-fungible tokens (NFTs) in it, Lukas Schor disclosed on Twitter. Schor, who heads product development at the Ethereum-based wallet, revealed that the updated version was refused because the App Store doesn’t allow apps and wallets displaying NFTs, which …

Africa Has Some of the ‘Highest Grassroots Adoptions in the World’ — Chainalysis Crypto Preview

While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region has “some of the highest grassroots adoptions in the world.” African Volumes Mainly Composed of Retail Transfers The crypto adoption observation for Africa is corroborated by the blockchain analysis firm’s latest …

China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal

Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of the region’s computing power in the crypto activities which the government considers illegal. Cyberspace Watchdog …

Opensea NFT Marketplace Claims Employee Profited From Insider Information

On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there publicly,” Opensea informed the public on Wednesday. Opensea did not name …

ABEY Is One of the Fastest-Growing Blockchains in the World Adding 20,000 New Addresses Each Week

sponsored This week, ABEY has announced that it has been adding an average of 20,000 active ABEY 2.0 addresses each week since the beginning of August 2021, making it one of the fastest-growing blockchains in the world and finishing an exceptional week that included the ABEY token being listed on Liquid Global, a premier international …

Solana (SOL) network outage comes with its own set of troubles

The network outage that Solana saw yesterday caused a stir in the crypto market, with many worrying about the implications of having a $47 billion network stop working for hours. But, as most focused on the immediate implications the outage had on SOL’s price, the long-term consequences were largely undiscussed. A cryptocurrency researcher pointed out …

This needs to happen before Peter Schiff will buy Bitcoin (BTC)

It’s no secret that gold-bug Peter Schiff loathes Bitcoin. But, to his credit, he still ponders the arguments and is active in debating the issue. In his latest discussion with Anthony Pompliano, Schiff reveals what it would take for him to bite the bullet and invest in Bitcoin finally. [embedded content] Bitcoin as real, usable …

Canada’s ‘Mad Max’ Supports Bitcoin — Says ‘I Hate How Central Banks Are Destroying Our Money and Economy’

Maxime Bernier, a former cabinet minister nicknamed “Mad Max” and the leader of the People’s Party of Canada (PPC), says he supports bitcoin and cryptocurrencies. “I hate how central banks are destroying our money and economy … cryptos are another new and innovative way to counter this that should be encouraged,” he said. ‘Mad Max’ …

US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion

At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small investors. Senator Elizabeth Warren Says ‘There’s a Whole List of Problems With Crypto’ …

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