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CSA issues guidelines to prevent gambling-like crypto marketing
The CSA might examine marketing material during the review process for an exchange’s registration The Canadian Securities Administrators (CSA) and the Investment Industry Organization of Canada (IIROC) have issued warnings against crypto trading platforms in the country, accusing them of using gambling-like marketing practices. The warnings come amid multiple regulatory bodies expressing concern over consumer protection while trading digital assets and the increased risk of losses due to emotional buying and volatile prices of cryptocurrencies. The guidance published by the CSA and IIROC details regulations that crypto trading platforms must keep in mind to meet their marketing, advertising and social media compliance requirements under securities law and IIROC rules. The recent surge in a...
Disney Sues To Maintain Full Rights to All Marvel Characters
Walt Disney Company is filing a series of blockbuster suits to keep full control of the Marvel characters including, Iron Man, Spider-Man, Dr. Strange, Hawkeye, Black Widow, Thor and others. The New York Time has reported that the lawsuits are looking to invalidate copyright termination notices that have been served by these characters’ illustrators. Should Marvel lose the lawsuit, Disney would be forced to share ownership of these billion-dollar characters. The dispute first came into light when Marc Toberoff, a well-known intellectual property lawyer served Disney and Marvel Entertainment copyright terminations on behalf of five of his clients. Amongst those are Lawrence D. Lieber and his older brother, Stan Lee. Other clients including Steve Ditok and Don Heck are also looking to reclai...
Genesis tests end-of-day pricing for institutional crypto futures product
Cryptocurrency brokerage firm Genesis Global Capital has announced the completion of a first-of-a-kind trade that will pave the way for new institutional crypto futures products. Genesis has executed the first-ever over-the-counter (OTC) block trade of a Basis Trade at Index Close (BTIC) transaction using Bitcoin futures contracts issued b Chicago Mercantile Exchange (CME). The trade was made in collaboration with derivatives market maker Akuna Capital according to a Sept. 26 announcement. This is the first time a BTIC has been used for cryptocurrencies as it is more commonly used in equities markets. This form of trading allows investors to buy and sell futures contracts with prices based on the end-of-day close of the index. CME Group Global Head of Equity Index and Alternative Investmen...
China fear is now infrastructure bill fear — 5 things to watch in Bitcoin this week
Bitcoin (BTC) is at the start of another week with China’s latest “ban” behind it — but its next “FUD” story is already brewing. The United States’ infrastructure bill is back on the table, with this week likely to see a definitive vote on what could shake up cryptocurrency businesses. At the same time, fundamentals and on-chain metrics alike continue to be more bullish than ever, and traders are betting on — at worst — a moderate price dip to a floor no lower than $36,000. What are the odds? Cointelegraph takes a look at five things that could move the markets in the coming week. D-Day for infrastructure bill The macro narrative switches from China to the United States this week as lawmakers decide the fate of the so-called “infrastructure bill.” H.R.3684, fresh from Senate appr...
Huobi outlines plan for Chinese investors after halting crypto trading
The uncertainties sparked by China’s blanket ban on crypto trading have taken a downturn as homegrown crypto exchanges such as Huobi take proactive measures to protect and return existing investments residing on the mainland. Speaking to Cointelegraph in this regard, Du Jun, co-founder of Huobi Group, said that the crypto exchange wants to ensure the safety of the users’ assets as part of its social responsibility: “Customers will be able to transfer their assets to other exchanges or wallets over the next few months. Specific measures and operating rules will be outlined in future announcements.” Citing a possibility of a communication gap with Chinese investors amid the ban, the crypto exchange is also working on other ways to protect customer assets until the users can move them t...
Cardano to enable new DeFi stablecoin with Coti
A new stablecoin is arriving on the Cardano blockchain to provide a tool for decentralized finance (DeFi) operations and avoid transaction fees. Cardano’s payment gateway provider, Coti, will be the official issuer of Djed, a new DeFi-focused stablecoin for the Cardano network, Cardano founder Charles Hoskinson and Coti CEO Shahaf Bar-Geffen announced Sunday at the Cardano Summit. The new stablecoin will be based on an algorithmic design using smart contracts to ensure price stability and providing an instrument for DeFi transactions. The stablecoin is designed for paying transaction fees on the Cardano network in order to avoid “volatile and exorbitant gas fees” and make transaction costs “more predictable.” According to Djed’s research paper released in August, its stablecoin protocol wi...
Zcash price analysis: ZEC targets its 50 SMA resistance
The cryptocurrency market didn’t perform too well last week but has started this new week in a positive fashion Last week, the crypto market was a sea of red, with most cryptocurrencies losing more than 10% of their value during that period. However, the market has started the week more positively, and prices are slowly recovering. Bitcoin is up by nearly 5% over the past 24 hours and is slowly heading towards the $45,000 region. Ether is the biggest gainer amongst the top ten cryptocurrencies by market cap. It is up by more than 10% over the past 24 hours and is trading above $3,100 per coin. Binance Coin (BNB), Solana (SOL), XRP, Polkadot (DOT) and Dogecoin (DOGE) are all trading in the green zone as well. Zcash (ZEC) is also recovering from recent losses. The cryptocurrency is up ...
Huobi to discontinue accounts in Mainland China
China issued a ban on cryptocurrency transactions last week, and it is already having some consequences for traders in the country Huobi Global, one of the leading cryptocurrency exchanges in the world, announced over the weekend that it would slowly retire existing mainland China users on its platform. This is due to the recent ban on crypto transactions in the country. Last week, the People’s Bank of China (PBoC) revealed that all services that allow people to exchange fiat currencies with cryptocurrency assets or between cryptocurrencies themselves will now be treated as illegal activities. This implies that cryptocurrency exchanges and other crypto-related service providers are now considered illegal in China. As such, cryptocurrency exchanges operating in China will find it toug...
Tony Awards 2021: Full List of Winners
Here’s the complete list of winners. The categories are listed in alphabetical order. Best book of a musical Jagged Little Pill, Diablo Cody — WINNERMoulin Rouge! The Musical, John LoganTina: The Tina Turner Musical, Katori Hall, Frank Ketelaar, and Kees Prins Best choreography Jagged Little Pill, Sidi Larbi CherkaouiMoulin Rouge! The Musical, Sonya Tayeh — WINNERTina: The Tina Turner Musical, Anthony Van Laast Best costume design in a musical Jagged Little Pill, Emily RebholzTina: The Tina Turner Musical, Mark ThompsonMoulin Rouge! The Musical, Catherine Zuber — WINNER Best costume design in a play Slave Play, Dede AyiteA Soldier’s Play, Dede AyiteThe Inheritance, Bob CrowleyA Christmas Carol, Rob Howell — WINNERThe Rose Tattoo, Clint Ramos Best directi...
Tony Awards 2021: Facts & Feats
Here are noteworthy facts and feats associated with this year’s Tony Awards. Moulin Rouge! the Musical is just the sixth show in Tony history to win 10 or more awards in one night. The Producers (2001) is the all-time champ with 12 wins, followed by Hamilton (2016) with 11 and Hello, Dolly! (1964), Billy Elliot: The Musical (2009), The Band’s Visit (2018) and Moulin Rouge! the Musical with 10 wins each. Moulin Rouge! The Musical did even better at the Tonys than Baz Luhrmann’s 2001 film Moulin Rouge! did at the Oscars. (It helps that musicals and dramas have separate categories at the Tonys, whereas they must compete with each other at the Oscars.) The film received eight nominations, including best picture and best actress for Nicole Kidman, but won in just two categories...
Drake’s ‘Certified Lover Boy’ Beats Lil Nax X’s ‘Montero’ In Tight U.K. Chart Race
Blasting in at No. 5 on the latest chart is Tion Wayne’s debut Green With Envy (Atlantic), bowing just ahead of Bob Dylan’s Springtime In New York: The Bootleg Series Vol. 16 (Sony Music CG), new at No. 6. With its sprightly arrival, Springtime becomes Dylan’s 41st Top 10 album, as it racks up the most physical sales of the week. English prog-rock veterans Genesis bag their first Top 10 album in seven years with the career retrospective The Last Domino (UMC/Virgin), new at No. 9, while Birmingham drill rapper M1llionz completes the top 10 with his debut mixtape Provisional License (Ten Percent). There’s a notable appearance this week by NCT 127, whose third Korean-language album Sticker (Virgin Music) gives the K-pop boyband their first U.K. Top 40 appearance. It’s new at No. 40. Meanwhile...
Coldplay and BTS Tackle Ed Sheeran For U.K. No. 1
“My Universe” is lifted from Coldplay’s forthcoming album Music Of The Spheres, due out Oct. 15. So far, Coldplay has collected two No. 1 singles in their homeland (for “Viva La Vida” and “Paradise”), while BTS has a U.K. chart best of No. 3 (for “Dynamite” and “Butter”). Sheeran has ruled the chart for 13 consecutive weeks with “Bad Habits” and now “Shivers.” His latest track should enjoy a boost following the Brit’s performance for the return episode of BBC One’s The Graham Norton Show, which aired last Friday (Sept. 24). Further down the list is “Love Nwantiti (Ah Ah Ah)” by Nigerian artist CKay, which looks set to retain its Top 10 position for a second week. It’s currently at No. 9. The tune was first released in 2019 and has discovered a life of its own ...
