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Month: April 2022
Netflix‘s crypto swindler documentary draws wild community reaction
Netflix’s new crypto documentary titled Trust No One: The Hunt for the Crypto King was released on Wednesday amid much fanfare. The documentary is based on the mysterious death of the now-defunct crypto exchange QuadrigaCX founder. The founder of the crypto exchange allegedly died on a trip to India. Along with him, he took away the whereabouts of the keys to crypto wallets containing around $250 million worth of cryptocurrencies. Unofficial investigations and numerous conspiracy theories followed the mysterious disappearance/death of the QuadrigaCX founder. The Netflix investigative documentary aims to…
Netflix's crypto swindler documentary draws wild community reaction
Viewers of the documentary, especially those aware of the whole saga, resonated with the conspiracy theory about the founder faking his death. Netflix’s new crypto documentary titled “Trust No One: The Hunt for the Crypto King” was released on 30 March amid much fanfare. The documentary is based on the mysterious death of the now defunct crypto exchange QuadrigaCX founder. The founder of the crypto exchange allegedly died on a trip to India. Along with him, he took away the whereabouts of the keys to crypto wallets containing $250 million…
CHILIZ Launches Layer 1 Blockchain for Sports and Entertainment Industry
Chiliz has announced the launch of the Scoville testnet for the newly established Layer 1 blockchain network Chiliz Chain 2.0 (also known as CC2). Chiliz (CHZ) is a blockchain-based sports platform that aims to provide blockchain-based solutions for the sports industry and help fans participate in the token economy. The Chiliz Chain 2.0 will focus on Web3 capabilities in the sports and entertainment fields, and build NFT and game-to-earn (P2E) games while accelerating the development of fan tokens and decentralized finance (DeFi) applications Chiliz Chief Strategy Officer Max Rabinovitch explained…
OneConnect Launches Blockchain Integrated Dual Carbon Innovation Lab
OneConnect Financial Technology Co. Ltd. has announced the launch of the Innovation Laboratory of Carbon Emission Governance Blockchain and Energy Technology (the “Dual Carbon (carbon peaking and carbon neutrality) Innovation Laboratory”). The white paper on blockchain empowering “Carbon Peaking and Carbon Neutrality” discussed blockchain as a service across various areas such as carbon emission reduction, carbon trading and carbon supervision. China-based OneConnect, a leading Technology-as-a-Service provider for financial institutions, said that the Dual Carbon Innovation Laboratory aims to learn how to integrate blockchain technology and the dual carbon economy. “Blockchain technology…
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions – Regulation Bitcoin News
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month. Government of Japan to Close Loopholes for Russians in Crypto Space Amid concerns that Russia and its elites may employ cryptocurrencies to circumvent international sanctions, Japanese authorities are going to stiffen regulations for cryptocurrency exchanges. The platforms will be required to verify if recipients of transactions are subject…
Bitcoin Ends Q1 Closely Following S&P 500
Data from TradingView shows a correlation between Bitcoin and the S&P 500 to be as close as 0.9. Original
OKX Starts to Offer Bitcoin, Ether Trading Pairs Against Terra's UST
Spot trading for Solana’s SOL and Avalanche’s AVAX tokens against UST stablecoins have also started. Source
Ola Finance Says Attackers Stole $4.7M in Re-Entrancy Exploit
A post-mortem released Friday showed the funds were lost in a “reentrancy” attack. Source
Bitcoin ‘dormant’ for 7+ years moved right before BTC price dropped 5%
Bitcoin (BTC) dived $3,000 into the morning of April 1 as a widely-predicted pullback seemed to accompany fresh moves by major investors. As revealed by the Whale Shadows indicator, over 11,000 BTC suddenly left its wallet on March 29, having previously sat there for most of a decade. Dormant coins echo December 2017 Whale Shadows, coined by analyst Philip Swift, tracks coins that become active again after spending a considerable amount of time out of circulation. Tuned to only record when 100 BTC or more leave their long-term wallet, spikes…