Crypto adoption is a ‘huge challenge,' says Chinese central bank exec

The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central bank has warned. Wen Xinxiang, director of the payment and settlement department at the People’s Bank of China (PBoC), has expressed concerns over the growing popularity of cryptocurrencies and fiat-pegged stablecoins. Pointing to Bitcoin’s market value now […]

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Big investors pivoting from Bitcoin to Ether futures: JPMorgan

American multinational investment bank JPMorgan has revealed that institutional investors are starting to shy away from Bitcoin futures in favor of Ether derivatives. In a note to investors on Sept. 22, analysts at the Wall Street bank said that Bitcoin futures on the Chicago Mercantile Exchange (CME) have traded at a discount compared to spot BTC prices during September. As […]

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Former Goldman Sachs Exec Explains Why He Is So Bullish on Cardano ($ADA), Solana ($SOL), and XRP

In a recent interview, former Goldman Sachs executive Raoul Pal talked about why is excited about certain altcoins, and in particular explained why he is bullish on Cardano ($ADA), Solana ($SOL), and XRP, all of which he currently owns. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for […]

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World's Largest Theater Chain Wants To Accept Dogecoin As Payment For Movie Tickets

Key takeaways AMC Entertainment Holdings Inc. considers accepting Dogecoin as payment for movie tickets. Plans to accept Bitcoin, Ethereum, Litecoin, and Bitcoin Cash to be finalized before the year ends. The company is also considering delving into NFTs. AMC Entertainment Holdings Inc., the largest theater chain in the world with over 978 movie theaters, has plans that will see it […]

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Canada’s CSA Issues Guidelines on Crypto-Related Advertising Campaigns

The Canadian Securities Administrators (CSA) released on Thursday a set of guidelines targeting all advertising and marketing campaigns pursued by crypto trading platforms. According to the press release, the regulator had observed a series of advertising banners and statements that could mislead investors. Also, the Canadian watchdog noticed a pick-up in such campaigns targeting domestic investors. It also unveils a […]

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ShapeShift issues second token airdrop following decentralization pledge

Non-custodial cryptocurrency exchange ShapeShift has completed its second airdrop of FOX tokens — dubbed “fairdrop” — as part of a broad decentralization pledge that was first announced in July.  The airdrop of 6,613,000 FOX tokens was distributed to over 33,000 DAO community members, ShapeShift announced Tuesday. These holders were previously ineligible for the airdrop reward because their tokens were locked […]

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Netflix to release documentary about QuadrigaCX CEO's mysterious life and death

Online streaming platform and production company Netflix will be producing a film on deceased crypto exchange QuadrigaCX founder Gerald Cotten. In a Thursday tweet from Netflix, the platform announced that the documentary Trust No One: The Hunt for the Crypto King will premiere in 2022. The story, which follows “a group of investors turned sleuths,” will focus on the events around the death […]

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