AMC Theatres begins crypto payments for electronic gift card purchases
AMC Theatres, the world’s largest movie theatre chain, is one step closer to its aim of accepting crypto payments by the end of the year, with crypto purchases for electronic gift cards now available. CEO Adam Aron announced on Tuesday that AMC consumers can now purchase digital gift cards using cryptocurrencies such as Bitcoin (BTC) […]
US Senator introduces bill to study the role of cryptocurrency in ransomware
Senator Elizabeth Warren introduced the Ransom Disclosure Act which aims to help the Department of Homeland Security gather data on ransomware payments using crypto and fiat and also protect investors from cybercrimes. Senator Elizabeth Warren and Representative Deborah Ross introduced the Ransom Disclosure Act, which would force victims of ransomware attacks to report information about ransom […]
MGA Entertainment sets to launch L.O.L. Surprise NFT collectibles
MGA Entertainment is entering the nonfungible token (NFT) market by converting its best-selling toys L.O.L. Surprise into digital assets on the blockchain. Fans will be able to mint NFTs, exhibit their character collections, and buy, sell, and exchange digital treasures online when the American toy giant launches an NFT functionality for its world-famous brand L.O.L. […]
CoinSwitch Kuber Indian exchange raises $260M to attain unicorn status
CoinSwitch Kuber, an Indian cryptocurrency exchange, has joined the unicorn club and is now valued at $1.9 billion after raising $260 million in a Series C fundraising round. The fresh funding has boosted CoinSwitch Kuber to the “very top” of Indian unicorns, according to an official release on Wednesday, with the firm becoming “India’s most […]
BitOasis exchange raises $30M to expand in Middle East and North Africa
BitOasis, a crypto trading platform based in Dubai, has raised $30M from a new round of funding to expand across the Middle East and North Africa (MENA). According to a Tuesday release, BitOasis has concluded a $30 million Series B funding round led by Jump Capital of Chicago and Wamda Capital of Dubai. Wamda previously […]