Monthly Archives: October 2020

OneCoin movie starring Kate Winslet coming soon

If the courtroom drama of OneCoin is not enough, you’ll soon see the whole thing play out on the big screen. 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  As reported by Deadline, Kate Winslet has signed on to star and produce Fake!, a movie based on an unpublished book by Jen McAdam and Douglas Thompson.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 of the OneCoin scheme, will be a producer on the film.  […]

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Payments firm Rocketfuel Blockchain sues co-founder over expired patents

The blockchain payments company said it unknowingly owns patents that expired before these were transferred to them. Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm.  In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder and former treasurer Joseph Page hid the fact that patents he transferred to the company had expired. The company is seeking damages of at least $5.1 million.  According to Rocketfuel, Page transferred patent applications to the company […]

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Yearn.finance (YFI) gains 36% as DeFi tokens follow Bitcoin’s bullish trend

Yearn.finance (YFI) price surged by 58% in the last few days as three key factors suggest investors expect further upside. In the past 72 hours, Yearn.finance (YFI) surged by 58% after dropping to as low as $12,260 at a few exchanges.  Three factors that may have catalyzed the sharp rebound are: YFI had become deeply oversold, lead developer Andre Cronje’s deep commitment to the project and the ever expanding use cases for YFI within a large ecosystem. YFI was deeply oversold Over the past month DeFi tokens […]

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Andreessen Horowitz Publishes ‘Crypto Startup School’ Documentary

The California-based private American venture capital firm, Andreessen Horowitz, has published a documentary called “Crypto Startup School.” The documentary is different from other blockchain films, as the 30-minute video shows some of the procedures leveraged while invoking a crypto-focused startup. On October 9, 2020, the company Andreessen Horowitz published a new documentary on Youtube called “Crypto Startup School,” alongside the 14 lectures that go along with the experiment. The documentary covers a course Andreessen Horowitz recently held with over 40 participants who learn the process of starting […]

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SEC’s conservative approach to crypto needs to change- SEC’s Peirce

“Crypto Mom” Hester Peirce admits the SEC can be slow in giving guidance, but she sees the regulator becoming more open to change. Hester Peirce, commissioner for the United States Securities and Exchange Commission (SEC) affectionately known as “Crypto Mom,” says the regulator’s more conservative attitude around crypto needs to change as people become more interested in the space.  In a recent interview with Cointelegraph, Peirce said the crypto landscape is changing quickly. “While we’ve been very slow in giving guidance, there is more and more interest […]

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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 Shenzhen is giving away a total of 10 million yuan ($1.49 million) in the country’s central bank digital currency (CBDC) to 50,000 residents in an effort to boost its usage, the South […]

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Better regulation needed to stop crypto tax evaders from running wild

U.S. regulators are starting to track crypto more seriously, and that’s a good sign for all crypto holders. 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 result in a maximum sentence of 30 years if convicted. He could also expect […]

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Buying Bitcoin Locally vs Online: Which Bitcoin of America Method is Best for You?

With a second stimulus check due, now is the time to start thinking of your financial future, with the opportunity to buy bitcoin at a time when many people are predicting its continued rise in its value. You may have already seen a Bitcoin of America ATM in a local store and been impressed by their convenience, or talked to a local store keeper about buying bitcoin using the handy bitcoin tablet service. Alternatively, you may want to purchase bitcoin or Litecoin online via the Bitcoin of […]

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Bitcoin Strengthens As It Climbs Back Over $11,000 – Is 10K The Floor? | Cryptocurrency News in 4K!

😀 𝙏𝙝𝙖𝙣𝙠 𝙔𝙤𝙪 𝙁𝙤𝙧 𝙒𝙖𝙩𝙘𝙝𝙞𝙣𝙜! 🚩 Remember to subscribe and hit the bell "🔔" icon, so you don’t miss your daily cryptocurrency news! SOURCES / HELPFUL LINKS ► Bitcoin On TradingView – https://www.tradingview.com/symbols/BTCUSD/ ► Chris Burniske’s Tweet – https://twitter.com/cburniske/status/1313663251847155712 ► Scott Lewis’ Tweet – https://twitter.com/scott_lew_is/status/1314689817293266954 ► DeFi Pulse – https://defipulse.com/ ► Square, Inc (CashApp) Bitcoin Investment "WhitePaper" – https://images.ctfassets.net/2d5q1td6cyxq/5sXNrlEh2mEnTvvhgtYOm2/737bcfdc15e2a1c3cbd9b9451710ce54/Square_Inc._Bitcoin_Investment_Whitepaper.pdf ► Adam Cochran’s Tweet – https://twitter.com/AdamScochran/status/1314601883064053762 ► Jameson Lopp’s Tweet – https://twitter.com/lopp/status/1314193853071740928 ► The Pomp/Tone Vays/Hayden Drama – https://twitter.com/haydenzadams/status/1314036065704050688 ► Sia Announces Decentralized Front-End For UniSwap On Skynet […]

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Bitcoin runs crypto markets, but DeFi tokens don’t follow its lead

DeFi tokens have been around for a few months now — long enough to plot some recurring trends that show some clear patterns. Decentralized exchanges have been around for a while now, but it’s only been since the grip of decentralized finance mania has taken hold that they’ve come into their own. The growth in DEX use has been nothing short of exponential, with volumes pretty much doubling in August and September compared with the preceding months. But is volume alone telling the whole story? Amid the […]

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