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Circle Intends to Become a Full-Reserve National Commercial Bank


Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC,...

Chainalysis Announces It Will Include Dogecoin Coverage in Its Reports


Chainalysis, one of the leading blockchain intelligence companies in the world, has announced it will now cover the Dogecoin network in its reports. The company argues that dogecoin became one of the most known cryptocurrencies in the world after being promoted by Elon Musk, CEO of Tesla during...

AMC to Accept Bitcoin for Movie Tickets and Concessions by End of 2021


AMC Entertainment Holdings, Inc., plans to accept bitcoin by the end of 2021 according to CEO Adam Aron on an earnings call on Monday. Aron said the movie theater chain will start accepting the leading crypto asset once the company has information technology (IT) systems in place. AMC Plans...

Brazilian Court Sell $1.1 Million in Bitcoin Seized by Federal Police


A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under...

Game Payment Company CEO Sounds Like A Massive Jerk


Game payment company Xsolla is reportedly planning to lay off 150 people for being “unengaged and unproductive.” CEO and founder, Aleksandr Agapitov later wrote on Twitter, “Work your fucking ass off or get your fucking ass out.” It’s a big old mess made more complicated by the CEO’s continued...

Demand for Crypto Analytics Continues as Messari Raises $21 Million


The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto...

The Pokémon Company Company Actually Says Gay Rights


Pokémon Unite is blowing up right now, and with a new patch hitting servers in early August, many players have followed the associated accounts to keep up with news of the MOBA. But the game isn’t handled by The Pokémon Company or Game Freak, and is instead developed by Chinese developer TiMi...

Ciphertrace Announces Enhanced Monero Tracing Capabilities for Governments


Crypto compliance firm Ciphertrace has announced enhanced tools for tracing Monero transactions. “Ciphertrace takes Monero tracing capabilities to the next level with the ability to follow the flow of funds backwards from the transaction of interest to its source,” the company claims....

Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum


On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...

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