Latest in bitcoin

Cryptocurrency prices dropped to two-year lows overnight after major cryptocurrency exchange Binance announced late Wednesday that it was pulling out of a proposed merger with ailing rival FTX, leaving the latter on the verge of collapse. The failure of the cryptocurrency giant could have a ripple…

EXCLUSIVE: Glass House Distribution President Tom Malloy, bitcoin veteran Charlie Shrem and producer Shyam S. Sengupta are unveiling a new digital finance company, Defiine, here at the Cannes Market. Described as a digital finance solution for independent films, the firm will seek to leverage assets and IP against…

The bitcoin money laundering scandal, which has made headlines in the national news recently, will be the subject of two projects from Entertainment One and Forbes Entertainment. The companies have teamed to produce a scripted series and a documentary about the scandal following the Feb. 8 arrest in Manhattan of…

It’s not been a good year for the Los Angeles Lakers or L.A. Clippers on their home court. Now, Crypto.com, which took over the naming rights to the former Staples Center, has suffered a bigger blow than losing a basketball game. They were hacked for a reported $30 million in bitcoin and ether. Crypto.com said…

AMC Entertainment chairman-CEO Adam Aron said the chain will be technologically equipped to start accepting Bitcoin payments for U.S. movie tickets and concessions ordered online by the end of the year. At a meaty, newsy and somewhat bizarre webcast, Aron also noted the chain will also start accepting Apple Pay and…

Bitcoin mogul Charlie Shrem, one of the pioneers and evangelists of the biggest cryptocurrency by market cap, is backing his first venture in film, and plans to do more. Shrem’s first project as an executive producer is Ask Me to Dance, a romantic comedy that stars Briana Evigan (Step Up), Mario Cantone (Sex and The Ci…

The cryptocurrency market is on a roll today, as Bitcoin edges back over the $40,000 mark and ethereum’s ether is at an all-time high. Bitcoin is now trading slightly over $40,000 per single coin, up more than 16% in the last seven days alone. The digital currency is recovering from a market dip in late December/early…

It’s generally agreed that 2020 was not a great year. But for investors, there was a happy ending to it all. Despite the headwinds of the pandemic, most mutual funds and exchange traded funds showed strong returns by the end of the year. Vanguard’s Total Stock Market Index fund, the largest fund by assets, returned…

As the year draws to a close, not only is the U.S. stock market approaching record highs, but a touted alternative to the existing financial system is also booming. Bitcoin is now trading over $29,000 per single coin, up more than 24% in the last seven days alone. It’s blown past its previous high of $20,000 and is…

Facebook has revealed details of Libra, its cryptocurrency answer to Bitcoin, which the tech giant says is aimed at the estimated 1.7 billion people around the world who are “unbanked.” “Libra is a global, digitally native, reserve-backed cryptocurrency built on the foundation of blockchain technology,” the company…

One of the biggest mysteries in the blockchain and cryptocurrency world may soon be revealed in a forthcoming book. Bloomberg News reporter Matthew Leising reports that Satoshi Nakamoto, the legendary “inventor” of bitcoin, may be working on a tell-all that will clear up the identity of who ignited the blockchain…

Controversial cryptocurrency Bitcoin has just started making mainstream headlines so it's no surprise that the first TV drama to funded by crypto-currency has just been commissioned. UK-based platform LiveTree Adept is launching six-part action-drama Children of Satoshi funded by the sale of digital tokens. The…