Facebook is proposing a new cryptocurrency called Diem. Backed by U.S. Dollars, Euros, and other hard currencies, Diem will be a stablecoin tied to a permissioned blockchain (that one day may become permissionless). Continue Reading →

Is Adam Aron a cryptomaniac?

AMC Entertainment chairman-CEO Adam Aron tweeted that in addition to Bitcoin (BTC), the chain will expand its crypto acceptance plans to include Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) for U.S. movie tickets and concessions ordered online by the end of the year, which again raises a very personal question: How do I feel about buying a slice of pizza and a Diet Coke with four (4) bitcoins back in April 2011? Continue Reading →
Crypto exchange FTX is set to launch a U.S.-exclusive NFT marketplace. The platform will enable users to mint, buy, and sell NFTs — all traded cross-chain across the Ethereum and Solana blockchains. Deposits and withdrawals are also expected to be launched in the coming weeks, opening up the capability of depositing external NFTs onto the platform. Continue Reading →
As reported by CNBC, more than $600 million was stolen in what is likely to be one of the biggest cryptocurrency thefts ever. Hackers exploited a vulnerability in Poly Network, a platform that looks to connect different blockchains so that they can work together. In a strange turn of events Wednesday, the hackers began returning some of the funds they stole. Continue Reading →

Bitcoin For Movie Tix

AMC Entertainment chairman-CEO Adam Aron said the chain will be technologically equipped to start accepting Bitcoin payments for U.S. movie tickets and concessions ordered online by the end of the year, which raises a very personal question: How do I feel about buying a slice of pizza and a Diet Coke with four (4) bitcoins back in April 2011? Continue Reading →