Latest Blockchain and Crypto News
Miramax Sued Tarantino For Planning Pulp Fiction NFTs
Film and television studio Miramax brought a lawsuit against Quentin Tarantino over his intentions to sell Pulp Fiction-based NFTs. The filing was submitted to the federal court of LA. Per the document, Miramax sent a warning letter to Tarantino, to which the director's lawyer answered he had...
Whales are guided by long-term storage of ether
Over the past few months, investors have been withdrawing Ether (ETH) from cryptocurrency exchanges. Moreover, the outflow is observed both from retail traders and large holders of altcoins. Whales have been sending Ether for offline storage since January 2021. However, a sharp decline in the...
SAND Reached New ATH Before the Launch of Sandbox Alpha
SAND, the native crypto of the crypto gaming network The Sandbox, hit a new all-time high of $3.61. It is an ERC 20 token used for transactions, staking, and governance, launched in August 2020. As for the Sandbox platform, its launch took place in May 2012. The game, owned by blockchain...
Zhao about the results of Binance's cooperation with regulators
Against the background of tightening KYC requirements, the Bitcoin exchange Binance has lost only 3% of users, and cooperation with regulators is already bearing fruit. The head of the company Changpeng Zhao spoke about this in an interview. Binance bought back an ad in the Financial Times this...
Deloitte and Avalanche Build Disaster Recovery Platform
Leading international financial services provider Deloitte built a partnership with Ava Labs to use the Avalanche blockchain for its new disaster recovery platform "Close As You Go" (CAYG). The project will help the government to manage federal emergency funding more effectively. ...
Allianz economist of making money on BTC and reasons for selling it
Allianz Asset Manager's Chief Economist Mohamed El-Erian was able to make money on Bitcoin after the 2018 crypto winter but sold the coins too early. According to the economist, he acquired a certain amount of bitcoins during the 2018 crypto winter, when the price of the coin dropped to almost $...
Twitter CFO Says the Firm Now Prefers Securities Over Crypto
In a Monday interview, Twitter’s top financial manager Ned Segal said that at the moment the firm doesn't find it beneficial to invest corporate capital in BTC or other crypto. As the CFO says, instead of investing in volatile currencies, Twitter needs to add more stable assets like securities to...
President Biden Signed the Infrastructure Bill
The US president Joe Biden signed a $1.2 trillion infrastructure bill that includes crypto regulation rules. According to the new law, digital currency transactions exceeding $10.000, must be reported to the Internal Revenue Service. The bill was first introduced in August this year, stating that...
Marathon raises $500M to buy Bitcoin and ASIC devices
Marathon Digital Holdings, a mining company, listed on the Nasdaq, will place convertible bonds with a par value of $ 500 million. The received funding will go towards the purchase of bitcoin and equipment for its production. Debt instruments maturing on December 1, 2026, will be offered to...
Shiba Inu (SHIB) Will be Accepted at AMC Theatres
Chairman and CEO of AMC Theatres, Adam Aron announced that in 60-120 days, visitors will be able to pay for tickets and concessions via Shiba Inu (SHIB). The executive said that crypto payment service provider BitPay agreed to support the token meeting his request. Attention #SHIBArmy: Our friends...
Paradigm launches venture fund to invest in crypto projects
Investment firm Paradigm has announced the launch of a new $ 2.5 billion venture fund to support "next-generation" cryptocurrency projects. The company called cryptocurrencies "the most exciting technology frontier." Digital assets have come a long way over the past decade,...
Crypto Prices Fall, Market Cap Drops at $2.5 Trillion
In the last 24 hours, the total crypto market cap went down by around 10%. At the moment, the indicator stands at about $2.5 trillion. Bitcoin went down by about 7%, hitting $60.500, and Ether declined by 8%, hitting $4.300. The picture is almost the same for Binance Coin (BNB), Solana (SOL),...
Circle to launch stablecoin pegged to Japanese yen
One of the USDC stablecoin operators, Circle, announced the launch of a Japanese yen-pegged stablecoin through the venture arm of Circle Ventures. As part of expanding its presence in Asia, the company will also open an office in Singapore, Bloomberg writes. In an interview with CEO Circle, Jeremy...
Bitcoin mining difficulty increased by 4.69%
As a result of another recalculation, the difficulty of mining BTC progressed by 4.69% - up to 22.67 trillion hashes. The indicator has risen for the ninth consecutive period after falling due to the mining ban in China. The difficulty reached its maximum level in mid-May - 25.05 T. The actions of...
Taiwan Made a Change in the Crypto Category Listing
Financial regulators of Taiwan changed the business category of cryptocurrencies removing them from the class of "software design services". As local media announced, during inter-ministerial meetings and industry discussions held on Nov. 15, the Ministry of Economic Affairs informed...
Socios will issue tokens for NFL and MLS clubs
The professional club of the US National Football League, New England Patriots, has announced a partnership with blockchain company Chiliz, operator of the Socios.com platform for issuing tokens for sports and entertainment clubs and organizations. The companies have also partnered with the US...
Avalanche (AVAX) Crossed the $100 Milestone
AVAX, the native coin of the Avalanche smart contracts platform, hit a new all-time high of $101.59 on CoinMarketCap. In the last 7 days, the Avalanche price increased by around 7%. Currently, AVAX is the 13th largest crypto with over a $21.6 billion market cap. Avalanche allows building smart...
OpenSea daily sales doubles due to interest in Bored Ape Yacht Club
On November 14, daily sales on the OpenSea platform reached a maximum of $ 117.8 million in five weeks. One of the drivers was the tenfold increase in sales of the Bored Ape Yacht Club NFT collection. According to CryptoSlam, on November 14, traders entered into deals with NFT depicting "bored...
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