Sixx King Uses Crypto to Get His Movies Off the Ground

Sixx King – an African American filmmaker and the founder, chairman, and CEO of Sixx Degrees Media – has teamed up with actor and film producer Sebastian Kahuna to establish new high-quality films funded by cryptocurrency. Sixx King Thinks BTC Can Be Used for Producing Films He believes there are many barricades in the way of black filmmakers trying to get their projects […]

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Cardano Falters Below $0.31 Low And Sellers Threaten To Sell Short

Cardano (ADA) price is falling below the moving average lines. Support at $0.31 has been defended by buyers since November 9. Cardano price long-term forecasts: bearish The bulls initially bought the dips as the bears broke below the existing support. The altcoin is pushed back to the trading range by the buyers. The altcoin’s price has settled between $0.31 and […]

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Gemini gets regulatory greenlight in Italy, Greece amid lending halt

Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece. Gemini has registered as a virtual currency operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), the firm announced on Nov. 30. The crypto exchange has also received registration as a custodial wallet provider and provider of virtual currency exchange […]

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Binance acquires regulated crypto exchange in Japan

Cryptocurrency exchange Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country, Cointelegraph Japan reported. In an official public announcement on Nov. 30, Binance CEO Changpeng Zhao said the crypto exchange was committed to re-entering the Japanese market under regulatory compliance. The acquisition of Sakura Exchange BitCoin (SEBC), a […]

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South Korea issues arrest warrant for Do Kwon's former colleagues

Amid the ongoing manhunt for Terraform Labs co-founder and CEO Do Kwon, South Korean authorities have spread out their investigations to target other Terra executives. Prosecutors issued an arrest warrant for co-founder Daniel Shin and seven other engineers and investors of the firm following suspicion of gaining illegal profits before the massive collapse of the Terra ecosystem. The Seoul Southern District […]

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Former Meta and Pinterest Executive Joins Sequoia-Backed Decentralized Social as COO

After years spent developing the category-defining technology powering its infrastructure, Sequoia-backed DeSo is hiring Salil Shah, a seasoned executive with experience at Meta and Pinterest, to scale the business. The announcement comes in the wake of two consecutive months of over 120% Month over Month growth for the platform. As the only layer-1 blockchain capable of powering content-rich social applications, […]

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Russian President Putin Mulls Using Blockchain for Global Payments

The largest country by landmass is making pro-crypto steps amid crippling sanctions by the West. According to Putin, blockchain technology offers a payment system free from the ‘‘dictates of monopolists.’’ Russian President Vladimir Putin has hinted at developing a system for global payments based on blockchain technology and cryptocurrencies. During the Sberbank-organized conference – The Artificial Intelligence Journey 2022 International […]

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Bitfinex Hack Victims Are Still Waiting to Get Their Funds Back

Earlier in the year, the Justice Department announced it had seized billions in crypto funds from a heist that occurred in 2016. Many customers of Bitfinex had their money stolen during that heist, and they learned that approximately $70 million of the recovered funds were likely theirs. Funds Stolen from Bitfinex Have Not Yet Been Returned One such victim – […]

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