Crypto

Walt Disney, Fox Corporation, and JP Morgan are among a list of 20 publicly traded U.S. companies with some level of exposure to crypto and digital assets, based on data by Bank of America, or BofA. According to a BofA report published on Monday, companies like Morgan Stanley, Signature Bank, and Warner Music Group also have some exposure to digital assets. In all, the 20 firms identified by BofA have their stocks rated as either “Buy” or “Neutral” by America’s second-largest bank by assets under management. As part of the report, BofA categorized these companies as seeking significant market value growth by interacting with digital assets. According to a previous Cointelegraph report, BofA’s recently published document offered a bullish outlook for cryptocurrencies including nonfungible t...

The new tokens have been launched in a bid to offer a broader variety of crypto assets for traders on the platform Israel-based social trading and multi-asset brokerage company eToro announced it is adding Filecoin (FIL) and Polkadot (DOT) to the growing list of crypto assets users can trade on the eToro trading platform. Filecoin and Polkadot The Filecoin network, an open-source public digital payment system that uses blockchain to enable cooperative digital storage and data retrieval. FIL is the unique native cryptocurrency to the network is designed to let users join, invest and rent unused storage space. Its ability to offer greater accessibility to data storing, faster and easier file storage and retrieval makes it the top emerging alternative to centralised information storing worldw...

Ethereum-based decentralized blogging platform Mirror has opened its doors to the wider public after months of running vote-based contributions only. Mirror was launched in December 2020 to enable selected writers to publish on the decentralized blogging platform. Contributors could gain access by getting voted for in weekly competitions using the platform’s native token WRITE, with just ten content creators selected per week. In an announcement on Oct. 6, Mirror stated that it has now done away with this system and has opened up to anyone with an Ethereum address and wallet. Unlike most large commercial blogging platforms that sell advertising to traffic generated by content, publishers on Mirror control their own content as it is stored on a decentralized blockchain instead of company se...

American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards. AMC customers can now buy digital gift cards with cryptocurrencies like Bitcoin (BTC) directly through the AMC website, mobile app and theatres, CEO Adam Aron announced on Oct. 5. The new payment option was enabled through major crypto payment processor BitPay, allowing consumers to purchase e-cards of up to $200, Aron noted. The CEO paid special attention to Dogecoin (DOGE) among the digital assets accepted for AMC e-card purchases. Aron hinted in September that AMC will include DOGE in the list of cryptocurrencies accepted for tickets by the end of 2021. Aron had conducted a poll of 140,000 people on Twitter, a...

Major Indian cryptocurrency exchange CoinSwitch Kuber is joining the unicorn club by raising $260 million in a Series C funding round. According to an official announcement on Oct. 6, the new funding has propelled CoinSwitch Kuber to the “very top” of Indian unicorns as the firm became “India’s most valued crypto company” at $1.91 billion. The funding round was led by Coinbase’s venture capital arm Coinbase Ventures and Andreessen Horowitz. Previous investors like Sequoia, Paradigm, Ribbit and Tiger Global have also participated in the round. Using the new funds, CoinSwitch Kuber plans to onboard 50 million Indians on the platform and introduce new services like lending and staking. The exchange also expects to launch an institutional-grade product as well as support more diverse investmen...

As cryptocurrency adoption continues apace in the United States,  lawmakers want to better understand how it’s used — for both legal and illegal purposes. The Ransom Disclosure Act, introduced by Senator Elizabeth Warren and Congresswoman Deborah Ross, would require victims of ransomware attacks to disclose information about ransom payments to the Department of Homeland Security (DHS). The bill, introduced Oct. 5, aims to gather critical data on fiat and cryptocurrency payments and protect investors from cybercrimes. In an ongoing effort to curb illicit financial activities in the U.S., Sen. Warren’s legislation aims to develop “a fuller picture” of ransomware attacks: “My bill with Congresswoman Ross would set disclosure requirements when ransoms are paid and allow us to learn ...

Block production on Blockstream’s Liquid network has resumed after technical problems related to a functionary upgrade caused many transactions to queue for hours. In a Monday update from a Liquid oversight board member identified only as Wiz, Liquid’s failsafe mode was activated yesterday as “an unexpected issue occurred causing block signer nodes failing to validate certain parameters against each other.” As a result, the network stopped producing blocks and transactions steadily queued in the Liquid mempool for roughly 22 hours, starting at approximately 5:19 pm Eastern Time on Monday. Liquid mempool transactions. Source: Liquid Network  Wiz reported Liquid developers have upgraded 10 of the 15 functionaries, with block production expected to resume once one more has been fixed. Pe...

Popular trading app Robinhood announced Tuesday that it has launched round-the-clock phone support to better serve its ever-growing userbase, including the millions of users who’ve signed up to access cryptocurrency investments.  Users of the app will now be able to speak with a live customer service representative 24 hours a day, seven days a week, regardless of holidays. The company said the 24/7 support line is part of a broader effort to expand reliability and accessibility, as well as answer time-sensitive requests from its customers. To access the service, users can request a call through the Robinhood app and receive a notification when they are next in line for a phone conversation. A Robinhood representative will then initiate the call. Christine Brown, the chief operating of...

Every week, subscribers of Cointelegraph’s Markets Pro data analytics platform receive a detailed breakdown of the top performers of the week and the VORTECS™ Score indicator’s performance in tracking potential bullish and bearish developments. Here are some of the highlights of the latest report: Axie Infinity Shard (AXS) recorded a new all-time high following a strong VORTECS™ Score. Three out of ten top price movers flashed a VORTECS™ Score of 80 or higher before peaking. NewsQuakes™ alerts gave traders an early signal for NEAR’s and RAY’s double-digit rally. The all-time top VORTECS™ Scorers’ average gains against Bitcoin (BTC) demonstrated that the greatest returns come 24 and 72 hours after assets flash scores of 80 and 90. Community members shared ...