One crypto executive predicted five months ago that spot Bitcoin ETFs would only be approved after Binance lost ground on its market dominance.
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Director YOLO'd $4M of Netflix budget into Dogecoin, made $27M: Report
The director of Netflix’s sci-fi series Conquest reportedly used $4 million from the show’s budget to bet on Dogecoin (DOGE) and made $27 million in the process.
Now the director, Carl Erik Rinsch, wants another $14 million from Netflix, according to a Nov. 22 report in The New York Times citing a confidential arbitration proceeding.
The Times report details the behind-the-scenes drama of Rinsch’s sci-fi Netflix series Conquest, which the streaming giant doled out $55 million to make, but is yet to receive an episode.
In March 2020, 16 months after Netflix bought Rinsch’s idea and provided him with an initial budget of $44 million, the director asked for more funds. Netflix obliged and wired him $11 million on the condition he finished the show.
According to financial statements obtained by the Times Rinsch used $10.5 million from the fresh funding to gamble on the stock market and allegedly lost nearly $6 million in just a few weeks by placing options bets on pharmaceutical companies and the S&P 500,
Appeals court rejects Sam Bankman-Fried’s bid for release
The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid.
Appeals court rejects Sam Bankman-Fried’s bid for release
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FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction.
In a Nov. 21 mandate, the U.S. Court of Appeals for the Second Circuit said Bankman-Fried’s previous attempts to tamper with two witnesses while on pretrial release was a major reason behind rejecting his request.
“We have reviewed the Defendant-Appellant’s additional arguments and find them unpersuasive,” the court said.
Bankman-Fried’s release motion was rejected by a U.S. appeals court. Source: CourtlistenerGovernment prosecutors accused Bankman-Fried of leaking Caroline Ellison’s diaries to The New York Times in July, which caused his bail to be revoked by a New York District Court.
65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer
Can Shrapnel save Web3 gaming after a horror 2023? Why Disney’s NFT platform is “irrelevant” and the $26M NFT in free mobile game NFL RIvals.
65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer
As the year winds down, every gaming company and its dog are dropping year-in-review reports.
A recent report from blockchain gaming accelerator Game7 suggests that many game developers had an enforced nap instead of pumping out new games.
This year, just 223 Web3 games were launched which is a 65% drop from the 640 games launched in 2022, and even more distant from the 811 games launched in 2021.
Web3 game releases per year (Game7)So what’s the deal with the sudden nosedive in output?
Well, the optimistic answer is Rome wasn’t built in a day.
65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer
As the year winds down, every gaming company and its dog are dropping year-in-review reports.
A recent report from blockchain gaming accelerator Game7 suggests that many game developers had an enforced nap instead of pumping out new games.
This year, just 223 Web3 games were launched which is a 65% drop from the 640 games launched in 2022, and even more distant from the 811 games launched in 2021.
Web3 game releases per year (Game7)So what’s the deal with the sudden nosedive in output?
Well, the optimistic answer is Rome wasn’t built in a day.
65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer
Can Shrapnel save Web3 gaming after a horror 2023? Why Disney’s NFT platform is “irrelevant” and the $26M NFT in free mobile game NFL RIvals.
65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer
Can Shrapnel save Web3 gaming after a horror 2023? Why Disney’s NFT platform is “irrelevant” and the $26M NFT in free mobile game NFL RIvals.
65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer
Can Shrapnel save Web3 gaming after a horror 2023? Why Disney’s NFT platform is “irrelevant” and the $26M NFT in free mobile game NFL RIvals.
65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer
As the year winds down, every gaming company and its dog are dropping year-in-review reports.
A recent report from blockchain gaming accelerator Game7 suggests that many game developers had an enforced nap instead of pumping out new games.
This year, just 223 Web3 games were launched which is a 65% drop from the 640 games launched in 2022, and even more distant from the 811 games launched in 2021.
Web3 game releases per year (Game7)So what’s the deal with the sudden nosedive in output?
Well, the optimistic answer is Rome wasn’t built in a day.
Sam Altman’s ouster shows Biden isn’t handling AI properly
What happened with Sam Altman behind the scenes? Neither OpenAI nor Microsoft have provided all the answers. The industry deserves more congressional scrutiny.
MAYC ripoff creator pleads guilty, G2A opens NFT platform: Nifty Newsletter
The creator of the Mutant Ape Planet NFT collection pleaded guilty to wire fraud in a New York federal court.
Bitcoin derivatives traders target $40K BTC price now that Binance is resolved
BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000.
Binance CEO’s downfall is 'the end of an era' — Charles Hoskinson
The Cardano founder claimed that crypto entrepreneurs must comply with regulation or use completely decentralized systems in the future.
Price analysis 11/22: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels.
Price analysis 11/22: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
Traders hate uncertainty; hence, the settlement between Binance, Changpeng “CZ” Zhao and the United States Department of Justice is likely to be viewed as a positive for the cryptocurrency space. Analysts largely remained positive on the deal, but a few sounded cautious due to the Securities and Exchange Commission’s pending lawsuit against Binance.
Bitcoin (BTC) and several major altcoins fell sharply on Nov. 21 following the Binance news but are finding support at lower levels. This suggests that traders stepped in after the initial knee-jerk reaction, and are buying at lower levels. After the initial bounce, the bulls are likely to head into stiff opposition from the bears.
Daily cryptocurrency market performance. Source: Coin360Buying on dips and selling on rallies results in a range-bound action as both the bulls and the bears battle it out for supremacy. Generally, a consolidation near the 52-week high is considered a bullish sign, but traders should wait for an upside confirmation before jumping in to buy.
Will Bitcoin and select altcoins remain stuck inside a range for the next few days? What are the important levels to watch out for?
Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Price analysis 11/22: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels.
BlackRock met with SEC officials to discuss spot Bitcoin ETF
Representatives from the U.S. Securities and Exchange Commission also met with Grayscale on Nov. 20 in the asset manager’s bid for listing a Bitcoin ETF.
BlackRock met with SEC officials to discuss spot Bitcoin ETF
Representatives from the U.S. Securities and Exchange Commission also met with Grayscale on Nov. 20 in the asset manager’s bid for listing a Bitcoin ETF.