Latest in cryptocurrency

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…

EXCLUSIVE: In its latest push into the fast growing, red-hot crypto/NFT space, UTA has signed new client Rally and is working "to educate and inspire" creators, artists, celebrities and athletes to connect with fans on the platform. Rally, a fan engagement and monetization toolkit, is looking to expand more broadly in…

Palm NFT Studio, whose founding partners include film producer and owner of Heyday Films, David Heyman, and the founder of leading art house publisher HENI Group, has named Straith Schreder to the new role of executive creative director. Schreder previously held the same title at Vice Media, based in Los Angeles…

EXCLUSIVE: The stock markets are closed today in observance of Good Friday, but a new “decentralized finance” venture is heating up the digital investment community heading into Easter Weekend. An investment arm of Immersive Artistry, whose CEO is onetime Dimension Films and Walden Media exec Cary Granat, has teamed…

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…

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…

The campaign website of President Donald Trump’s reelection campaign was hacked and then defaced for a period on Tuesday, but a spokesman said that there was no access to sensitive data. Tim Murtaugh, communications director for the campaign, wrote on Twitter, “Earlier this evening, the Trump campaign website was…

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…

Facebook is planning on rolling out its own cryptocurrency by the first quarter of 2020, a digital payments system that will be active in roughly a dozen countries, the BBC reports. The social media giant has an estimated 2.4 billion monthly users, and would pose an immediate challenge to Amazon, PayPal and other…