AMC Entertainment started accepting Dogecoins for purchasing gift cards

On October 6, US-based AMC Entertainment Holdings declared to accept online payments in Dogecoin for buying AMC theatre digital gift cards. Adam Aron, CEO addressed Dogecoin users on October 6 in a tweet mentioning the good news that will enable them to purchase digital gift cards with Dogecoins and other cryptos up to $200 daily…

Indonesia to regulate cryptos rather than prohibiting like China

Muhammad Luthfi, the Indonesian Minister for trade confirmed to the local media about reinforcing cryptos regulations instead of banning it like China. He said that Indonesia will concentrate on making the crypto market less prone to unlawful activities. The statement from the Indonesian minister comes posterior to the fabulous growth recorded by local exchanges in…

Kerala firm to accept payment in crypto

Athey Nallatha, a Kerala-based startup that sells fusion pickles to global as well as domestic clientele, becomes the first firm in the state which is ready to accept crypto for its payments. The startup claimed that it is also the 7th company in the country to enter into crypto-based transactions. The firm started its payment…

Digital token identifiers intend to set the benchmark for crypto

Come September, crypto tokens like Ethereum, Bitcoin and others will be taking one of their biggest moves towards legitimacy. A new digital registry is being developed that will add distinctive identifiers to these digital tokens. DTIs (Digital token identifiers) are being launched to monitor the movement of cryptos according to the International Organization for Standardization…

Dogecoin co-founder finds crypto a ‘Hyper-capitalistic technology’ to serve rich

Jackson Palmer, co-founder of dogecoin slams crypto and insisted that he shall maintain a distance from the hysteria, calling it ‘an inherently right-wing, hyper-capitalistic technology’ designed to increase the riches of its supporters. He yelled against the crypto world and the ‘wealthy’ associated with it. On Wednesday, he posted on his Twitter page that the…

Dogecoin sent to space to pay a tribute to Musk

The meme cryptocurrency that Elon Musk can’t stop talking about has earned a huge fan following; credit goes to billionaire and Tesla Inc.’s CEO. In order to honor Musk on his 50th birthday, a YouTuber decided to send a physical replica of the Dogecoin crypto to space or at least till the stratosphere. Reid Williamson,…

Mark Cuban: Novel Coronavirus pandemic proved the need for cryptocurrency

A longtime cryptocurrency advocate and billionaire entrepreneur Mark Cuban said that the COVID pandemic proved just how immaterial traditional financial institutions are. Last week, Cuban said that the people in need of money got it the slowest. Mentioning barriers to receiving and cashing stimulus checks during the pandemic, transaction costs, the number of days banks…