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Wall Street Bets and Gamestop Saga to Be Made Into a Movie


The Wall Street Bets saga, an incredibly ridiculous story about a group of amateur Reddit investors who beat career Wall Street hedge funds at their own game, is to be made into a movie. According to a report by online news site Deadline on Jan. 31, Metro Goldwyn-Mayer (MGM) won the rights...

Report: Another GameStonk Movie Is In The Works At Netflix


Less than a day after news broke that MGM had acquired filming rights for an upcoming book about the ongoing GameStop stock situation, Deadline is reporting that another GameStonk movie is being developed at Netflix.Read more

Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges


Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. The company announced on Thursday...

Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate


Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...

Fed Officials Ponder Funding Hedge Funds and Private Brokers Directly


On January 13, the New York Federal Reserve gave $60.7 billion to eligible private financial institutions by leveraging U.S. Treasurys and agency securities. With all the stimulus given to financial institutions since September, it hasn’t relieved the stress of economic uncertainty. Now...

Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020


12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual...

Cred to Demo Global Merchant Solution at Blockchain Week Kick-Off


On Wednesday, October 30, Cred and the Universal Protocol Alliance will be hosting a live demonstration of a point-of-sale (PoS) device that enables purchases with cryptocurrency. Cred’s PoS financial operating system allows customers to utilize any crypto wallet for purchases at the PoS...

North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions


A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold...

California City Official Uses Bitcoin Cash to Purchase Cannabis


In California, cryptocurrency payments are making headway in the cannabis industry as Berkeley City Councilmember Ben Bartlett became the first elected official to purchase cannabis using a digital asset. On Tuesday, Bartlett utilized bitcoin cash (BCH) and Cred’s LBA token to facilitate...

Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices


A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...

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