Archive for October 10th, 2020

OneCoin movie starring Kate Winslet coming soon

October 10, 2020 | By | Reply | 10 Readers More
OneCoin movie starring Kate Winslet coming soon

Even as the OneCoin Ponzi scheme makes its way through the courts, a movie about it is now in development with a Titanic lead star.  As reported by Deadline, Kate Winslet has signed on to star and produce Fake!, a movie based on an unpublished book by Jen McAdam and Douglas Thompson. McAdam, a victim […]

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350 Spanish MPs ‘Become Bitcoin Holders’ in ‘Crypto Education’ Drive

October 10, 2020 | By | Reply | 12 Readers More
350 Spanish MPs ‘Become Bitcoin Holders’ in ‘Crypto Education’ Drive

Source: Adobe/Alberto Giron All 350 members of Spain’s parliament have become de facto bitcoin (BTC) holders after a publicity stunt from two crypto companies – in a move designed to mirror a similar initiative in the United States. Per ABC and an article from one of the companies involved – the media outlet Observatorio Blockchain […]

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Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency

October 10, 2020 | By | Reply | 10 Readers More
Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency

A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage of the new government-backed digital currency. Chinese City Giving Away Digital Yuan The Chinese city of […]

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EOS price drops after bulls hit a new local high of $2.97

October 10, 2020 | By | Reply | 7 Readers More
EOS price drops after bulls hit a new local high of $2.97

The 14th largest cryptocurrency by market cap EOS rallied to highs of $2.97 but has dropped to lows of $2.57 EOS is trading just above a long term resistance line after bulls failed to hold gains achieved via a 20% breakout on Wednesday. EOS price hit the previous local high of $3.95 in mid-August. However, […]

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Report: Q3 2020 Was The Best Quarter For DeFi

October 10, 2020 | By | Reply | 9 Readers More
Report: Q3 2020 Was The Best Quarter For DeFi

A recent report exploring the Q3 2020 developments in the decentralized finance ecosystem confirmed the narrative that it was the best quadrant for the entire field. Additionally, it highlighted Ethereum’s massive role as the underlying technology but also broached several potential competitors, including TRON and EOS. Confirmed: DeFi Exploded In Q3 2020 The analytics company […]

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2 Factors Influencing This Surge

October 10, 2020 | By | Reply | 8 Readers More
2 Factors Influencing This Surge

Bitcoin is surging higher after weeks of consolidation. The cryptocurrency, currently trading for $11,430, is at its highest price since early September. In the past 24 hours, the cryptocurrency is up by approximately 5%, having traded around $10,900 on Thursday. BTC’s strong surge higher is abnormal: just a day ago, the cryptocurrency was strongly underperforming […]

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Snapped Up Stakes, Stepping Down CEOs, CBDC Pilots and 20 Crypto Jokes

October 10, 2020 | By | Reply | 10 Readers More
Snapped Up Stakes, Stepping Down CEOs, CBDC Pilots and 20 Crypto Jokes

This week in the Cryptosphere: Vitalik Buterin said that high Ethereum fees might be gone even before ETH 2.0, and DeFi darling yearn.finance crashed 60% from its ATH, while Virgin Galactic Chairman said BTC can’t be correlated to traditional assets. TaoTao said it “ended negotiations” with Binance, and the SBI Group snapped up a controlling […]

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Square Just Bought a Whole Lot of Bitcoin

October 10, 2020 | By | Reply | 8 Readers More
Square Just Bought a Whole Lot of Bitcoin

Square – which is owned and run by Jack Dorsey of Twitter fame – has announced it just purchased as much as $50 million in bitcoin. The company says that bitcoin represents what it’s all about, and that it’s looking to assure bitcoin always has a place on the world’s financial ladder. Square Just Added […]

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Why crypto-Twitter is anticipating a big move from Bitcoin

October 10, 2020 | By | Reply | 8 Readers More
Why crypto-Twitter is anticipating a big move from Bitcoin

Within weeks of MicroStrategy announcing its $500 million investment in Bitcoin, Square’s $50 million investment in the asset stole all the headlines. These developments have been big news for many in the community, with crypto-Twitter seeing more rocket gifs than ever before. What does this mean? Does this mean that the entry of smart money […]

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Better regulation needed to stop crypto tax evaders from running wild

October 10, 2020 | By | Reply | 7 Readers More
Better regulation needed to stop crypto tax evaders from running wild

Antivirus software pioneer John McAfee, the founder of McAfee Associates — the company that released the first commercial antivirus software, McAfee VirusScan, in the late 1980s, contributing to the birth of multibillion-dollar industry — was indicted on five counts of tax evasion and five counts of willful failure to file a tax return, which could […]

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