Entries in cryptocurrency (3)

Wednesday
Nov232022

Apple's reportedly in the lead to turn Michael Lewis' book on FTX into a feature film

Apple might be one of the first to turn the story of the collapse of Sam Bankman-Fried's FTX crypto company into a movie. Rumour has it Apple is in the lead for a deal to turn an upcoming Michael Lewis book on Bankman-Fried and his company into a feature film. But it is also facing heavy competition from Netflix and Amazon.

Lewis has previously authored critically acclaimed books that have become notable and award-winning feature films (Moneyball, The Blind Side, and The Big Short). And he has spent the last six months following Bankman-Fried's every move, giving him a close-up look at the collapse of FTX. So, streaming rights are highly sought after. The deal is supposedly set to be valued in the "mid seven-figure range."

Source

Tuesday
Jul052022

Meta shutters Novi cryptocurrency digital wallet

Source: Meta

Meta is abandoning Novi, its digital wallet that supports cryptocurrencies. The wallet will no longer be available starting September 1, 2022, with all user accounts being deactivated then. After July 21, 2022, you won't be able to add money to your account. This announcement is also your signal to take out any money there. 

But that might not be an issue with you. Novi was never launched beyond the US and Guatemala, even if it was part of Meta's ambitious plans to invest in cryptocurrencies. Novi hasn't been around for long. It was launched in October 2021 as a standalone app, and then it was integrated into WhatsApp a few months later. So, if you've used Novi to transfer money on the app, you won't have a substitute for now.

Source

Wednesday
Sep122018

BUNZ expands Shop Local to promote community and sustainability

Toronto-based startup BUNZ announces it has expanded its Shop Local city networks to Hamilton, Ottawa, and Vancouver to further its commitment in promoting community and a sustainable economy. Originally introduced in Toronto in April 2018, brick and mortar retail partners in each city are now accepting BTZ (Bunz Trading Zone), the company's cryptocurrency, primarily used to trade for goods and services on the Bunz.app and at local shops. 

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