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Tag Archives: News

Netflix Director Carl Rinsch Spent $4M of Production Budget on Dogecoin and Made $27M

Rinsch is now asking for an additional $14 million, claiming Netflix owes him the money despite not submitting any completed episodes. A Hollywood movie director is making the news for receiving millions of dollars to fund a project that may never see the light of day, and using the show’s budget to invest in Dogecoin (DOGE). Carl Erik Rinsch, who also directed the 2013 action fantasy 47 Ronin featuring Keanu Reeves, allegedly received $55 million from Netflix. However, he has yet to...

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Austria’s Raiffeisen Bank to Launch Retail Crypto Trading Services for Customers in Vienna

Raiffeisen Bank will first roll out the services to small-scale customers who can invest as little as one euro in the country’s capital city of Vienna and the historic headquarters of the 97-year-old bank where most residents live. Austria’s financial landscape is gearing up for a major transformation as Raiffeisen Bank International announces the launch of its crypto trading services for retail customers, CoinDesk reported, citing an interview with the company’s head of innovation, Curt...

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United Kingdom Seeks to Strengthen Its Digital Asset Sector

The UK government appears to be intent on expanding digital assets throughout the nation. To this effect, it now looks forward to passing legislation to implement the Digital Securities Sandbox (DSS). Recent efforts by the United Kingdom (UK) suggest that the nation may be looking to expand its digital assets sector. This follows the news that British Finance Minister Jeremy Hunt recently announced new legislation to that effect. This statement came alongside a mini-budget of 110 measures...

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DEX Platform KyberSwap Faces Exploit Losing $47M

Kyber Network has asked all of its users to promptly withdraw all their funds without clicking on any suspicious links or DMs. KyberSwap, a decentralized exchange (DEX) protocol, has reportedly experienced a $47 million exploit, based on on-chain data. The funds were associated with its Elastic Pools liquidity solution. Unexpectedly, funds from wallets linked to the protocol moved to a single wallet, as highlighted by a user known as Spreek on X. The affected funds include $20.7 million...

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EOS Price Analysis: Signs of Uptrend Exhaustion Near $0.75

EOS price is attempting another increase from the $0.638 support against the US Dollar. The price is now trading below $0.700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.708 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it climbs above the $0.685 and $0.700 resistance levels. EOS price is recovering above $0.660 against the US Dollar,...

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Litecoin (LTC) Price Analysis: Key Uptrend Support Intact, Fresh Increase?

Litecoin is holding the key support at $65.00 against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $70.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $70.00 and $71.00 resistance levels. Litecoin price is rising from the $65.00 zone against the US Dollar, like Bitcoin. LTC...

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KPMG Canada Partners with Chainalysis to Combat Crypto Fraud

The announcement of KPMG Canada’s partnership with Chainalysis coincides with broader industry efforts to tackle fraud associated with crypto. The KPMG Canada has announced a strategic partnership with blockchain analytics firm Chainalysis in response to the escalating threats of exploits and fraud within the crypto sector. Kunal Bhasin, Partner and Cryptoassets and Blockchain Co-leader at KPMG Canada, emphasized that “this collaboration will help to further solidify KPMG’s expertise in...

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CoinGecko Acquires NFT Data Platform Zash to Expand Its Business

With this acquisition, CoinGecko plans to integrate Zash’s NFT data into its Application Programming Interface (API) by the second quarter of next year. CoinGecko, a major cryptocurrency data tracking company, has acquired Zash, an on-chain data analytics firm that provides information on non-fungible tokens (NFTs) metadata across various platforms. According to an announcement on November 22, the acquisition aligns with CoinGecko’s vision to become a central hub for cryptocurrency-related...

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Mt. Gox Finally Set to Begin Creditor Cash Repayments in 2023

Creditors will start receiving cash repayments from the Mt. Gox Trustee this year. These repayments are specified to be cash and may not include crypto. The defunct Japanese crypto exchange Mt. Gox is set to begin creditor repayments this year, about a decade after its collapse. Creditors of the exchange received an email on Wednesday where rehabilitation trustee Nobuaki Kobayashi stated that all persons whose repayment applications were approved would start receiving cash payments. The...

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Binance Unveils Winning Design of Pierre Gasly’s Helmet for Abu Dhabi Grand Prix

Along with its collaborative commitment to encouraging creativity and engaging fans, Binance, in partnership with Gasly, offered users and fans the exclusive Pierre Gasly Experience. Binance, the leading global blockchain ecosystem announced the triumphant design for the helmet of BWT Alpine F1 Team driver Pierre Gasly at the upcoming Abu Dhabi Grand Prix on November 26, 2023. The design competition, open to Binance users and F1 enthusiasts worldwide, encouraged participants to showcase...

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