Movie theatre chain AMC Rewards 580,000 shareholders with free NFTs
AMC theatres have given out free NFTs to about 580,000 shareholders. This isn’t the theatre’s first move in the blockchain industry as it started accepting cryptocurrency for movie tickets last year. Since the first meme stock frenzy that drove its share price soaring about this time last year, movie theatre chain AMC has been gradually […]
USDC ranks second on the Ethereum network for the first time
USDC currently has a total quantity of 45.7 tokens spread across 21 chains or layer-two solutions. Circle’s latest milestones Circle’s USD Coin (USDC) has surpassed Tether (USDT) in total supply on the Ethereum network, marking a huge milestone. As of this writing, USDC has a supply of 40.06 billion tokens on Ethereum, barely ahead of […]
UK to put strict restrictions on deceptive crypto ads
The UK Treasury’s move to regulate crypto advertising as other financial goods aims to reduce the danger of investors being duped or misled. UK’s crackdown on misleading crypto adverts The UK Treasury stated on Tuesday that it intends to regulate cryptocurrency commercials in the same way that it regulates other financial products, ensuring that ads […]
Fintech startup Milo becomes first to offer crypto-mortgages to its subscribers
Fintech startup Milo to offer 30-year ‘crypto-mortgages’ to its subscribers A fintech company behind the first ‘crypto mortgage’ sees a multibillion-dollar market in allowing borrowers to promise their bitcoin in exchange for access to the real estate market. It claims that their 30-year, low-interest-rate US crypto mortgage allows qualified borrowers to hold bitcoin while purchasing […]
OpenSea buys crypto wallet Dharma Labs and a new CTO
With the departure of OpenSea‘s existing CTO Alex Atallah, Dharma Labs CEO Nadav Hollander will assume Atallah’s job as external CTO. OpenSea , an NFT marketplace, said on Tuesday, January 18 that it had purchased Dharma Labs, a cryptocurrency digital wallet, for an unknown sum, and that Dharma’s chief executive officer will become OpenSea’s chief […]