PAID Crashes 70% In Minutes as Network Purportedly Exploited

Popular DeFi protocol PAID Network saw its native token crash by more than 80% in minutes following what may have been yet another rug pull.

Big Tech sell-off and rising Treasury yield pin Bitcoin price below $50K

A sharp spike in the 10-year US Treasury yield and an extended Big Tech sell-off is weighing on cryptocurrency prices as investors flee risk-on assets. Bitcoin (BTC) continues to struggle below $50,000 on March 5 as a spike in the 10-year Treasury yield to 1.62%, its highest level in over a year, has taken a toll on global financial markets and hit risk-assets especially hard.  At the time of writing the S&P 500 and Dow are up 0.46% and 0.64% but the tech sector sell off continues as companies like Apple and Tesla continue to slump further.  Economists see rising bond yields as the result of improvements in the economy thanks to the Covid-19 vaccine rollout and the expectation that economic activity will ramp up as the rate of coronavirus infections drop. The

What is Cosmos Network (ATOM), the Internet of Blockchains?

Cosmos aims to create an “Internet of Blockchains,” where any blockchain is able to communicate, share data, and transact with any other.

Finance Guru 'Loves' Bitcoin, Ethereum Improvement Agreement, McAfee Hit Again + More News

Suze Orman. Source: A screenshot, suzeorman.com Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news In an interview with Yahoo Finance, personal finance guru Suze Orman (1.4m followers on Twitter) emphasized the strength of bitcoin (BTC) as an investment vehicle but criticized

Galileo Exchange Presents the GLT Token and Introduces ‘Zero Edge’ Trading

Galileo Exchange is an innovative ‘hybrid’ trading platform built with elements of a crypto exchange, a DeFi project, and a gaming platform.

Bitcoin: Why this weekend is worth keeping an eye on

Bitcoin, at the time of writing, was trading around the $48,000-price level, after dropping by nearly 5% in the last 24 hours, from a high of $52,535 a few days ago.

XRP, Cosmos, VeChain Price Analysis: 05 March

Although the short-term market of cryptocurrencies has welcomed the bears, the long-term market appeared to be holding strong.

Mogul Brings NFTs and DeFi to the Film Industry, Announces Access Pass Sale

March 5, 2021 – Beverly Hills, California Mogul announces access pass sale details, offering behind-the-scenes access to the film industry through DeFi, NFTs and rewards.

Analyst Who Called Bitcoin and Crypto Correction Says Market Gearing Up To Explode – Here’s His Timeline

Analyst and trader Michaël van de Poppe is assessing the crypto markets and says the sector is gradually gearing up for another massive bull run.

Crypto Price Analysis & Overview March 5th: Bitcoin, Ethereum, Ripple, Polkadot, and Cardano

Bitcoin Bitcoin is more or less trading at the same level it was last week around the same time.

Bitcoin ETF may come to US, but not all crypto investors think it’s needed

As Bitcoin ETFs launch in Canada, an approval from US authorities appears to be closer than ever before as naysayers start to run out of reasons to deny it. The United States Securities and Exchange Commission’s floor is littered with failed crypto fund filings, but this year, following Canada’s lead, the US might actually have an exchange-traded fund that tracks digital assets.  After all, the price of Bitcoin (BTC) is booming, the SEC has a new crypto-savvy chairman, and Canada, which is sometimes viewed as a beta test site by US regulators, debuted a Bitcoin ETF in late February that by most accounts has been stunningly popular.

Major Ethereum gas fee overhaul EIP-1559 scheduled for July

Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled.

Tech Millionaire John McAfee Indicted on Fraud, Money Laundering Charges

US attorneys say he orchestrated a crypto pump-and-dump scheme and shilled ICOs.

Kraken Seeks $20 Billion Valuation in New Funding Round: Source

Kraken is reportedly engaged in an aggressive fundraising push that seeks to double the $10 billion valuation the company earlier sought.

Bloomberg Terminal Adds Price Data for Chainlink and 5 Other Coins

Institutional investors can now track a wider variety of cryptocurrencies on the Bloomberg Terminal.

Microstrategy Acquires Another $10 Million in Bitcoin, Company Balance Sheet Nears 100K BTC

On Friday, the incorporated and publicly listed business intelligence (BI) firm, Microstrategy announced the company has acquired an additional $10 million in bitcoin.

Why there's more to Chainlink's growth than what meets the eye

After a collective collapse a week ago, the digital asset industry recovered somewhat, before falling once again.

Chainlink, Synthetix, Verge Price Analysis: 05 March

The altcoin market showed that market bears were in the ascendancy over the past week, with the same likely to continue over the next few days.

How Paradox Group Is Helping DeFi

Created in 2018, The Paradox Group is the current number one blockchain advertisement agency in the UK.

CoinLoan: A One-Stop Cryptocurrency Powerhouse

[Featured Content] Cryptocurrencies are growing in popularity as the market has entered a parabolic state, attracting more investors by the day.

The Flash Mint is here: WETH10 turbocharges the flash loan concept

The newest Wrapped Ether has an extensive list of improvements, including the anticipated flash mint feature. A team has released WETH10, the latest iteration of the Wrapped Ether token that allows using Ether (ETH) in a DeFi setting.

Ledger Nano S Review (2021): Still The Best Hardware Wallet?

The Ledger Nano S is one of the best-selling crypto hardware wallets of all time.

Ternoa Democratizes The Blockchain and Revolutionizes NFTs

The text below is an advertorial article that was not written by Cryptonews.com journalists. Even though blockchain technology is becoming more and more popular worldwide, a true understanding of its complexity is not yet within everybody’s reach.

Consider These Legal Questions Before Spending Millions on NFTs

Nelson M. Rosario is an attorney at Smolinski Rosario Law, a US-based law firm, specializing in contract and intellectual property law. _______ There are lots of intellectual property (IP) issues that are raised by non-fungible tokens (NFTs).

Ethereum Price Analysis: 05 March

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice There were some clues from a dropping Open Interest that Ethereu The post Ethereum Price Analysis: 05 March appeared first on AMBCrypto.

Why Bitcoin whale deposits may lead to a price drop

Bitcoin outflows from Coinbase have made headlines for the past week since they have had a positive impact on the price in the past market cycles, signaling accumulation by institutions and whales.

Mark Cuban Says Dallas Mavericks Will Accept Dogecoin – Here’s Why

Dallas Mavericks owner Mark Cuban says the NBA team is now accepting Dogecoin (DOGE) as payment for game tickets and merchandise.

Cover Protocol Slides 40% Following Breakup with Yearn Finance (YFI)

Yearn Finance has announced that it's parting ways with Cover Protocol.

‘Better as friends’: DeFi protocols Yearn and Cover announce cessation of merger

The relationship is "c-over" between Yearn Finance and Cover, an emotional split related to a new protocol from Cover developers. Decentralized finance (DeFi) protocols Yearn Finance and Cover have announced today the end of a protocol merger process initiated in November last year.  The two protocols were initially linked during a spree of a half-dozen Yearn acquisitions, mergers, or collaborations, the exact term depending on the project.

No more 'Bitcoin effect'? MicroStrategy stock falls by 50% in 17 days

The excitement around Bitcoin has spilled over beyond spot price, data shows, with MSTR going from above $1,300 to $629 in just 17 days. The Bitcoin (BTC) price correction isn't just hurting individual hodlers — the biggest players are suffering in more ways than one. Data from markets on March 5 revealed that MicroStrategy, which owns over 91,000 BTC, has seen its stock price dive by more than half in just three weeks. MicroStrategy keeps buying BTC On the day that the company confirmed that it had added another 210 BTC to its reserves at a cost of $10 million, MicroStrategy's stock hit local lows of $628.

GameStop tale exposes regulatory paternalism and DeFi’s true value

GameStop brings forward the prospect of a paradigm shift that challenges existing regulations: decentralization. Though seemingly coming from nowhere for many, the themes behind the Reddit-fueled r/Wallstreetbets pump of GameStop feel familiar.

This Is Why 'Hedge Against Inflation', Bitcoin, Dropped On Inflation Fears

Bitcoin (BTC) once again showed that it is indirectly correlated to macroeconomic factors that can move the stock market, and, in turn, affect the price of the most popular cryptocurrency that is often touted as an independent asset class. Bitcoin fell around 10% on March 4, from USD 51,680 to USD 46,550 in the early hours of March 5.

‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway

The US Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields.

What should traders know about the current Bitcoin pullback?

Bitcoin's price has taken a few dips since it hit an ATH of $58,330.

MicroStrategy buys additional 205 BTC for $10 million during price dip

MicroStrategy CEO Michael Saylor today announced his publicly traded firm’s latest million-dollar Bitcoin purchase on Twitter.

Crypto has some Secret Powers - Discover them with Student Coin

We can easily sense a higher demand in recent years for people with higher education in companies, so a University degree became a must. At the same time, students are searching for solutions to no The post Crypto has some Secret Powers - Discover them with Student Coin appeared first on AMBCrypto.

Bybit to shut down operations in UK to comply with FCA mandate

In what is a move towards complying with the Financial Conduct Authority's [FCA] ban on crypto-derivatives, popular exchange Bybit has announced that it will be shutting down its operations for custom The post Bybit to shut down operations in UK to comply with FCA mandate appeared first on AMBCrypto.

Why these Bitcoin whales are on a buying spree

Bitcoin's biggest holders, those who HODL more than 1000 Bitcoins in their wallets, are increasing in number, and so is the volume of the Bitcoin they are HODLing.

Bybit to Cease Services for UK Citizens Following the FCA Ban on Crypto Derivatives Trading

Singapore-headquartered digital asset exchange Bybit will suspend its services to UK citizens following the FCA ban on crypto derivatives trading. 

MicroStrategy dismisses market uncertainty, buys another Bitcoin dip

The software company added another $10 million in BTC to its war chest. MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty. As announced by CEO Michael Saylor, the company purchased another 205 BTC at an average price of $48,888, spending $10 million in cash to do so.

Stocks slide as dollar hits 4-month highs: Why Bitcoin price is slumping below $50K

Bitcoin is slumping as the DXY breaks out and the US stock market tanks.

Square’s $297M stake in Tidal could unlock DLT features, analyst says

Square’s majority stake in Jay-Z’s streaming service Tidal will potentially help artists grow their fan bases using blockchain technology, a Gartner analyst said. Square’s majority stake in Jay-Z’s streaming service Tidal could potentially result in some blockchain-related functionalities on the platform, according to one analyst. Avivah Litan, a technology analyst at consulting company Gartner, suggested that Square’s $297 million investment could push Tidal to start taking advantage of new technologies like blockchain and cryptocurrencies, Reuters reports Friday. With Square’s help, Tidal would specifically benefit from the technology of non-fungible tokens, or NFTs, which allows artists to certify ownership for photos, videos and other digital content, the expert noted.

Bitcoin’s next top could be between $75K and $306K, Kraken research suggests

A reading of the historical data paints a promising picture for Bitcoin's potential growth in 2021. Analysis of Bitcoin (BTC) price action dating back to 2011 suggests the coin price could next top out somewhere between $75,000 and $306,000, research from Kraken shows. Based on one reading of a logarithmic growth curve that connects historical tops and bottoms, a coin price of $75,000 would signal Bitcoin’s entry into overbought territory, marking the end of its current bull run. “Based on previous cycles, Bitcoin could likely continue appreciating gradually in price before ultimately going parabolic and hitting resistance, which will signal the end of its fourth bull market cycle,” the report states. Analysis of historical price retracements throws up some even bolder predictions.

Crypto Pepes: What does the frog meme?

When BarnBridge founder Tyler Ward decided to change his profile pic a few weeks ago, he inadvertently created a Pepe the Frog NFT meme craze embraced by celebrities and the DeFi community that was on track to reap more than $60 million in sales on the OpenSea auction platform.

World Gold Council Director Joins Bitcoin Lending Firm BlockFi

Greg Collet leaves the gold industry to join crypto lending platform BlockFi as its new head of investment products.

Tezos Price Analysis: 05 March

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The cryptocurrency market has seen major corrections lately.

Yearn Finance, Cover Protocol announce termination of merger process

Yearn Finance and Cover Protocol have parted ways, according to an announcement made earlier today. [embed]https://twitter.com/iearnfinance/status/1367796331507552258[/embed] Yearn Finance annou The post Yearn Finance, Cover Protocol announce termination of merger process appeared first on AMBCrypto.

Top Ripple Executives Asking Federal Judge To Dismiss SEC Lawsuit

Ripple CEO Brad Garlinghouse, and executive chairman Chris Larsen plan to request the US Securities and Exchange Commission’s charges against them be dismissed.

Bitcoin Bearish Correction Pauses: Focus Remains on Dollar and Yields

Bitcoin prices extended losses on Friday as the US dollar gained alongside the long-term Treasury yields.

Ripple’s CEO: SEC Lawsuit Did Not Affect Business in Asia Pacific

Garlinghouse said on Friday that the ongoing SEC lawsuit has not impacted the company’s business operations in Asia. 

Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban

Bybit will stop serving customers from UK-based IP addresses starting March 31, following the FCA's ban on all cryptocurrency derivatives trading. Singapore-based cryptocurrency derivatives exchange Bybit announced on Friday that it would be suspending services for its customers n the United Kingdom.

Thai bank's venture arm invests in institutional crypto custodian Anchorage

SCB 10X, the venture arm of Thailand's oldest bank, is participating in an $80 million Series C fundraising round for institutional crypto custodian and digital asset platform Anchorage. Just last month, SCB 10X — the venture arm of Siam Commercial Bank — had announced its new $50 million fund dedicated to investments in global blockchain, decentralized finance and digital asset startups.

Bitfury's US Bitcoin mining subsidiary to go public via $2B SPAC merger

Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings. Cipher Mining Technologies Inc.

The Rise of DeFi Exchanges Like Curve Finance and Uniswap

While centralised exchanges have driven most of the growth in blockchain finance, their decentralized counterparts are fast catchin up.

VC Tim Draper Says Apple Should Be Next to Buy Bitcoin

Apple has billions of cash on hand as the Fed targets higher inflation.

MicroStrategy Snaps Up Another $10 Million in Bitcoin

MicroStrategy now holds a total of $4.4 billion Bitcoin, although it only paid about half that for the stash.

Bitfury’s Bitcoin Mining Subsidiary to Go Public at $2 Billion Valuation

The new entity, Cipher Mining, is set to become the United States’ largest mining platform.

Bitcoin and Ethereum Struggle, Major Altcoins In Red

Bitcoin price started a fresh decrease below the USD 49,000 and USD 48,000 levels.

50% of Inexperienced Investors to Hold Bitcoin Less Than a Year - Report

With recent months bringing a surge in interest in bitcoin (BTC) among individual investors, a rising share of newcomers represent so-called 'weak hands' that might sell their crypto during the first serious price correction, according to a report by market research platform Cardify.

Yield App launches Ethereum fund; gives users up to 20% APY

YIELD App, the DeFi wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Ethereum fund, allowing users to earn high-interest returns on their E The post Yield App launches Ethereum fund; gives users up to 20% APY appeared first on AMBCrypto.

Silicon Valley-based Taraxa unveils details about its upcoming public sale

The Taraxa Foundation, a non-profit body supervising research and development of the Taraxa project, announced a public sale kicking off on March 4 at 6 PM PST.

Wisebitcoin and the Importance of the Asian Crypto Market

The blockchain and cryptocurrency markets continue to captivate Western media as renowned investors and entrepreneurs place their bets on the burgeoning space.

The Countdown: Cardano (ADA) to Reach Full Decentralization on March 31st

Cardano's community network of over 1,800 pools will be responsible for 100% of the block production in less than a month, as the project goes for full decentralization.

A peek into the Bitcoin miner’s 2020: Interview with BTC.top’s Jiang Zhuoer

Miners are making bank amid the price rally as manufacturers struggle to produce chips.

Grayscale Bitcoin Trust Trades at Record Discount

Grayscale Bitcoin Trust shares are currently trading cheaper than the Bitcoin they represent, signaling demand has gone elsewhere.

Total Privacy for Bitcoin Transactions - with Coinomize

The text below is an advertorial article that was not written by Cryptonews.com journalists. There is no need to tell you how many people have entered the crypto field in 2021, especially given the recent Bitcoin bull run. Although Bitcoin has been around for 12 years, businessmen like Elon Musk needed to show interest in it to come to light - even if Bitcoin had what it takes to overcome fiat

Hong Kong-based crypto-exchange could be FC Barcelona's t-shirt sponsors

A Hong Kong-based cryptocurrency exchange could be Futbol Club Barcelona's next shirt sponsor.

Cardano, BAT, Dogecoin Price Analysis: 05 March

Cardano saw a bounce to $1.17, but this move did not yet confirm that ADA was on the road to recovery.

Leading on-Chain Option Trading Protocol Oddz Finance Announces Its Public Distribution IDO on Polkastarter

Oddz Protocol is a trustless On-Chain Option trading platform that expedites the execution of call and put options contracts, conditional trades, and futures.

Cardano (ADA) Death Cross Spells Worries Despite Bullish “Mary” Fork

Cardano (ADA/USD) bounces off a critical support trendline during the Asia-Pacific trading session Friday.

Reno to digitize Burning Man ‘Space Whale’ as NFT on Tezos blockchain

The city of Reno, Nevada is developing its own DAO and NFT system on top of the Tezos blockchain network, Mayor Hillary Schieve said. Reno, the closest major city to the famous art festival Burning Man, is developing its own decentralized autonomous organization, or DAO, and a token in partnership with Tezos. Mayor Hillary Schieve announced the city’s plans to create the Reno DAO in a Thursday Tez Talks podcast hosted by the Tezos Commons Foundation. The city will build its Reno DAO and Reno Coin on top of the Tezos blockchain network in order to monetize art objects and pieces as well as further explore the potential benefits of blockchain and crypto to solve some of its biggest pain points, Schieve said. As part of the plan, the city also plans to digitize Burning Man artwork in the form of non-fungible tokens, or NFTs.

Fears of Rising Interest Rates Tanks Bitcoin and European markets

Stock markets took a bath over night as the US Federal Reserve refused to increase spending in the face of rising interest and yield rates.

Floyd Mayweather-backed Centra ICO Founder Gets 8 Years in Prison

Courts ordered the Centra co-founder to forfeit $36 million in ill-gotten gains from the fraudulent token sale.

Ripple Replies to SEC, Claims It Caused Damage to XRP Holders

In an ongoing legal battle, San Francisco-based blockchain company Ripple filed a response to the US Securities and Exchange Commission (SEC), repeating that XRP is not a security nor was it necessary for its distribution and sale to be registered as such - stating that the regulator's complaint caused some USD 15bn damage to holders and others. Per the 100-pages document,

Novogratz Brands Dogecoin a ‘Joke,’ Tells Mark Cuban to Steer Clear

Mike Novogratz. Michael Novogratz, the CEO of the crypto financial services firm Galaxy Digital, has dismissed dogecoin (DOGE) as a “joke” – and has hit out at the outspoken Shark Tank and new DeFi star, Dallas Mavericks supremo Mark Cuban for his association with the token. Yesterday, Cuban announced that he would allow Mavericks fans to pay for their

IOST Partners With Polkadot for Cross-Chain Interoperability Breakthrough

PRESS RELEASE. IOST has announced it is now at the final development stage for building a cross-chain transfer bridge to the Polkadot Ecosystem.

Polkadot’s Gavin Wood to Give Lecture Series as Part of UC Berkeley Blockchain Curriculum

University of California, Berkeley and Parity Technologies are joining forces on several blockchain fronts, including educational development and awareness, by leveraging Parity’s expert team and the Substrate framework as knowledge-building resources.

Binance Coin, Neo, Enjin Price Analysis: 05 March

Binance Coin was heading towards $205 after Bitcoin fell below $49k on the price charts.

These NFT Crypto Assets Most Likely To Erupt, According to Trader Tyler Swope

Crypto trader and influencer Tyler Swope is offering his take on the best way to approach the booming non-fungible token (NFT) sector of the crypto markets.

Mark Cuban’s Dallas Mavericks to Accept Dogecoin Payments

Mark Cuban's Dallas Mavericks will accept Dogecoin payments for game tickets and merchandise on its online store via crypto payment service provider, BitPay.

Cheap Polkadot (DOT) at $0.20 Following a Flash Crash on Binance COIN Margined Futures

Polkadot (DOT) dropped to $0.20 on Binance Futures' coin-margined perpetual contracts in a sudden flash crash.

Record GBTC discount may spark $100K Bitcoin price rise — analyst

History repeating itself have the potential to spark a 2-4X BTC price run, data covering the GBTC premium suggests. Bitcoin (BTC) could be in for a $100,000 bull run next if a classic signal from institutions repeats its historical trend. In a tweet on March 4, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said that those seeking clues about what lies next for Bitcoin should look at the Grayscale Bitcoin Trust (GBTC). Negative premium "could signal march to $100,000" As Bitcoin fell to $43,000 and continued to linger below all-time highs thereafter, the so-called “premium” on GBTC flipped negative. This means that GBTC shares are trading below their so-called net asset price (NAV) — institutional buyers are able to buy at a discount.

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge

SushiSwap has deployed its contracts to five new networks.

Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?

New data by on-chain data provider Glassnode notes that the total Ethereum gas fees paid have hit a monthly low of $666,735.56.

Tech Billionaire Tim Draper Says Netflix Could Be the Next Fortune 100 Company to Invest in Bitcoin

After several speculations have been made regarding which companies would emulate Tesla’s Bitcoin strategy, Billionaire Tim Draper predicts Netflix may be the next big BTC investor.

Bitcoin Plummets as Fed Reserve Chair Jerome Powell Confirms Inflation Strategy Will Not Change

Federal Reserve chairman Jerome Powell has confirmed that the central bank’s monetary strategy regarding inflation will not change.

Dogecoin Accepted as Payment by NBA's Dallas Mavericks as Owner Mark Cuban Invests in NFT Platform

NBA's Dallas Mavericks will be accepting Dogecoin (DOGE) payments for tickets and merchandise purchased online.

Ripple Pilots Private Version of XRP Ledger for CBDC Issuance

Judging from the daily candlestick chart of Ripple (XRP), the bulls are currently working hard to push XRP above the Exponential Moving Average Ribbon.

Tesla Stock is Down 28% Since Buying Bitcoin

Tesla's shares have been falling since the company purchase BTC.

Wall Street Veteran Urges Investors to Add Cryptocurrencies to Their Investment Portfolios

Veteran George Ball, a renowned Wall Street Veteran, has said that the addition of crypto to investment portfolios are attractive because they increase returns.

Uniswap Price Analysis - March 5,2021

From the 4h candlestick chart of Uniswap(UNI), an inverse hammer pattern with a long upper shadow line was formed on March 4 and UNI touched $31.56 temporarily.

More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down

Crypto analyst Joseph Young trusts that Bitcoin is treading with caution based on a strengthening dollar, and this could prompt a price consolidation in the short-term.

FC Barcelona Presidential Election Gets A USD 72M Crypto Twist

A leading candidate for the presidency of FC Barcelona, one of the most famous football clubs in the world, claims he has negotiated a deal that would reportedly see a Hong Kong crypto exchange become the club’s main shirt sponsor in a deal worth USD 71.7 million a year. Per BeSoccer, the claims were made by the lawyer Toni Freixa, who will go head-to-head with Joan

Kentucky Pushes Mining Tax-Breaks in Bid to Attract Crypto Community

The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations.

Decentralized Companies Are the New Norm and It’s the DAO Revolution That’s Making It Possible

The way people work has continuously evolved over the past couple of decades, thanks to increased penetration of the internet and advancements in communication tools that continue to make remote work possible.

Thailand’s largest movie theater chain accepts Bitcoin

Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project. Major Cineplex Group, the largest operator of movie theaters in Thailand, has reportedly enabled some of its customers to buy tickets with cryptocurrencies like Bitcoin (BTC). According to a Thursday report by local news agency Siam Rath, Major Cineplex has announced the launch of its cryptocurrency payment pilot project in a move to support innovation and new technologies. In order to unlock the new payment option, the company has partnered with local crypto exchange Zipmex and lo digital payment startup RapidZ. Major Cineplex debuted the new feature at Bangkok’s Major Cineplex Ratchayothin movie theater on March 4, allowing customers to buy tickets with Bitcoin via RapidZ by scanning a QR code.

Ripple's Asia expansion unaffected by SEC lawsuit, says CEO

Ripple CEO Brad Garlinghouse says the company's activities in the Asia-Pacific region have not been affected by current regulatory troubles in the United States. Despite being in the middle of a $1.3 billion lawsuit with the United States Securities and Exchange Commission, it appears that it is still business as usual for Ripple. Speaking to Reuters on Friday, Garlinghouse revealed that the company has not suffered any negative blowback in the APAC business theatre amid the current SEC lawsuit: “It (the lawsuit) has hindered activity in the United States, but it has not really impacted what’s going on for us in Asia Pacific.” In December 2020, the SEC charged Ripple and its principal executives of violating securities laws in the sale of XRP tokens since 2013. Garlinghouse attributed the absence of any fallout to the company’s good standing with regulators in the region, stating, “We have been able to continue to grow the business in Asia and Japan because we’ve had regulatory clarity in those markets.” Indeed, Japan and other APAC countries have historically been favorable for Ripple and XRP.

Crypto Exchange Bybit To End Trading for UK Customers

The exchange said it was complying with new regulations around crypto derivatives offered to UK citizens.

Should Tesla sell its Bitcoin position? Here's a former Goldman Sachs exec's take

Bitcoin's characteristics and its recent price rally have both contributed to companies gravitating towards it, with Tesla, the prominent American electric vehicle and clean energy company, being one The post Should Tesla sell its Bitcoin position? Here's a former Goldman Sachs exec's take appeared first on AMBCrypto.

Bitcoin Whales Move $1,450,000,000 in BTC in Just 24 Hours – Here’s Where the Crypto Is Heading

Large crypto holders are moving massive amounts of Bitcoin amid the market downturn.