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AMC Theatres
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Business & Lifestyle

AMC confirms plan to accept cryptocurrency payments

AMC, the largest movie exhibition company in the U.S., Europe, and the world, has unveiled its plan to accept cryptocurrencies by the end of the year. As of March 31, AMC owned or operated approximately 950 theaters and 10,500 screens globally. AMC CEO Adam Aron tweeted Wednesday: Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect […]

todaySeptember 17, 2021 48

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Business & Lifestyle

Crypto hedge fund ponies up for bet that crypto will perform better in markets

CHAPEL HILL, N.C. (Heartland Newsfeed) -- A North Carolina hedge fund manager is putting forth a huge wager that the crypto market will outperform the S&P 500 by the end of the decade. Morgan Creek, based in Chapel Hill, recently put forth a $1 million wager as an invitation to skeptical investors who believe it will not outperform the Standard & Poors index to put their money where their mouth is, according to a CNBC report. The firm operates the Digital […]

todayDecember 9, 2018 53

Business & Lifestyle

Coinbase hit with two class-action lawsuits, one claiming insider trading

SAN FRANCISCO (Heartland Newsfeed) -- The popular cryptocurrency exchange Coinbase will be facing two new class-action lawsuits in Federal court, one of which accuses the exchange of insider trading. The first suit, filed Thursday, claims that Coinbase employees unfairly profited from the December listing of Bitcoin Cash (BCH), citing that the August spinoff from Bitcoin (BTC) and December 19 trading launch resulted in the price skyrocketing to nearly $1,000. Additionally cited that while this news was a surprise to everyone, […]

todayMarch 6, 2018 56

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