Circle to phase out consumer accounts, but business and Mint will remain

Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out.

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Tether attestation shows cash and cash equivalents of 86% as loans decline

Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase agreements.

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SBF claims innocence, contradicts other witnesses: Law Decoded

Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court.

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Terraform co-founder Shin blames protocol for collapse during trial in S. Korea

Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and that he had nothing to do with it.

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AVAX blockchain explorer to shut down as Etherscan fees draw controversy

Annual subscription fees for Etherscan's EaaS service has reportedly grown to $2 million per year.

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UK risks regulating NFTs the wrong way, says Mintable CEO

“It’s not just a piece of artwork”: Mintable CEO Zach Burks argues that the United Kingdom government still hasn’t caught up on what NFTs are becoming.

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VanEck amends application for spot Bitcoin ETF

VanEck joins the group of asset managers updating applications for a spot Bitcoin ETF in the United States.

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Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions

USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023.

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Indi(r)a’s Emergency: Vikramaditya Motwane hints at Kangana Ranaut’s Emergency when asked why he made a documentary on the subject; Anurag Kashyap remarks “You have the b***s to make it”

The world premiere of Vikramaditya Motwane’s powerful documentary, Indi(r)a’s Emergency, was held at the Jio MAMI Mumbai Film Festival 2023 on Saturday, October 28 in Mumbai. A Q-and-A session was held after the screening which was attended by Vikramaditya Motwane and producer Sameer Nair. Anurag Kashyap also joined in to talk a bit about the film and later passed on the microphone to members of the audience who wanted to ask a question! The session was moderated by Varun Grover.

Varun asked Vikramaditya why he chose to make a documentary on the Emergency declared by Indira Gandhi and not a feature. The filmmaker hinted at Kangana Ranaut’s upcoming film Emergency, based on the same subject, as he said, “The feature film is being made by somebody else!”

He added, “Samir Patil (of Scroll) approached me. I am a history buff. I studied history in college. This was supposed to be a series of 3 episodes.” He continued, “We realized that this was a great way to tell our recent history to an entire audience that has some idea but not a complete idea.”

Unlike documentaries that have interviews, Indi(r)a’s Emergency stands out. Vikramaditya Motwane explained, “I was clear that I didn’t want to do a typical documentary, with intervals et al. We decided to go with archival footage. We managed to find incredible footage from Getty, Pathe etc. Thankfully, Mr Sameer Nair stepped in and saw the rough cut. He decided to come on board.”

Anurag Kashyap pitched in, “I saw the three-hour version and was blown away by it. I told Motwane, ‘You have the b***s to make it’ and then you (pointing to Sameer Nair) have bigger b***s to rescue it. Hence, compliments to both of you (laughs)!”

Sameer Nair talked about when this film can be seen by more people. He began by saying, “We are submitting for censor as well.” As expected, the audience broke into laughter because the film also talks about censorship.

Sameer, on a serious note, added, “We would like to have a version that we can release theatrically as well. It’s important to tell us stories like this. And the way it’s done with the footage, animation, voiceover and writing, it is entertaining.”

Anurag Kashyap remarked, “It is entertaining and it’s also very powerful. It says a lot more than just the Emergency.”

Vikramaditya Motwane honestly admitted that his other project took priority over Indi(r)a’s Emergency and hence, the documentary took a while to be out. He didn’t name this project but he was probably referring to his acclaimed Amazon Prime Video show, Jubilee. He said, “We started working on it in early 2020. Sameer came on board in late 2021. Meanwhile, I shot something else and came back. In a way, it was like my step-child!”

 

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Also Read: Kangana Ranaut clarifies: Emergency neither shows Congress in a poor light nor will be released during 2024 Lok Sabha Elections; calls it an “ode” to Indira Gandhi

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Bitcoin-friendly El Salvador can become the 'Singapore of the Americas': VanEck advisor

VanEck strategy advisor Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years.

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SBF takes the stand, ‘buy Bitcoin’ searches soar and other news: Hodler’s Digest, Oct. 22-28

Sam Bankman-Fried testifies in court, searches for ‘buy Bitcoin’ surge, and Gemini sues Genesis over collateral.

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Sam Bankman-Fried's perspective on FTX fall

Sam Bankman-Fried testified in court this week, denying any wrongdoing between FTX and Alameda Research despite admitting “big mistakes."

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Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined

Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply.

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Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

LINK price pulled off a shocking double-digit rally over the past week, but exactly what is behind the move?

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Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 13]

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.

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Sam Bankman-Fried thought 'taking FTX deposits through Alameda was legal': Report

The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present.

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CryptoPunk holders offered physical versions of their NFTs for 48 hours

Online art store Avante Art is offering print copies of CryptoPunks for the next 48 hours through a partnership with CryptoPunks brand owner Yuga Labs.

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Will Sam Bankman-Fried fix his case when he takes the stand?

The former FTX CEO will take the stand in his own defense. Will it be enough to counter the narrative introduced by former employees and expert witnesses?

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Humans and AI often prefer sycophantic chatbot answers to the truth — Study

The team at Anthropic AI found that five “state-of-the-art” language models exhibit sycophancy, indicating the problem could be ubiquitous.

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dYdX publishes its open-source code in anticipation of phased mainnet launch

The dYdX crypto exchange published the open-source code for its upcoming Cosmos-based network.

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Regulators around the globe assert more control over crypto: Law Decoded

From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets.

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Chinese digital yuan CBDC used for first time to settle cross-border oil deal

CBDC and de-dollarization saw major strides last week with the 1-million-barrel deal on the Shanghai Petroleum and Natural Gas Exchange.

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Pro-Bitcoin Javier Milei trails as Argentina’s presidential election goes to run-off

Anti-establishment Javier Milei was the touted favorite in Argentina’s presidential election but is trailing in second place with 90% of the vote counted.

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Thai crypto investors turn to tarot cards, divine signals to predict market

A Thai fortune teller once purpotedly predicted when the crypto market would recover last year, claiming they were told by the god of the dead.

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Sam Bankman-Fried trial moves to final stages

The trial of Sam Bankman-Fried is reaching a conclusion, with the prosecution set to rest its case on Oct. 26.

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Defence Minister Rajnath Singh and other dignitaries from Indian Air Force attend the special screening of Kangana Ranaut starrer Tejas

The team of Kangana Ranaut starrer Tejas has been making its presence on different platforms for promotions. Amid all this, the most prestigious moment came in the journey of Tejas as honourable Defence Minister Rajnath Singh and other dignitaries from the Indian Air Force watched the film during the special screening organized by the team at the Indian Airforce Auditorium.

Tejas has made its way to the Indian ministry. A special screening of the action entertainer was held for the honourable Defence Minister Rajnath Singh and other dignitaries from the Indian Air Force at the Indian Airforce Auditorium. While this was indeed a moment worth pride for the team Tejas, yet another prestigious moment came in when Chief of Defence Staff General Anil Chauhan gave his brooch to the director Sarvesh Mewara as a memento.

Kangana shared a few glimpses of the Tejas team with honourable Defence Minister Rajnath Singh, Chief of Defence Staff General Anil Chauhan, and COAS General Manoj Pande. She further jotted an overwhelming caption, "Team Tejas held a special screening for Respected defence minister @rajnathsinghbjp ji and many dignitaries from the Indian Air Force at the Indian Airforce auditorium today evening. It was an enthralling experience to see a film dedicated to the defence forces and our soldiers with so many soldiers and the honourable Defence Minister himself. In a surreal moment after watching the film Chief of Defence Staff. General Anil Chauhan PVSM, UYSM, AVSM, SM, VSM removed his fighter jet-shaped brooch from his jacket and gifted to my director @sarveshmewara This gesture moved us deeply it seemed we have accomplished our mission. We are beyond thrilled can’t wait to bring the film to you all coming Friday 27th October."

 

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Produced by RSVP, Tejas stars Kangana Ranaut in the titular Role. Written and directed by Sarvesh Mewara and Produced By Ronnie Screwvala, the film is scheduled to be released in theatres on October 27, 2023. ALSO READ: 'Dil Hai Ranjhana' song from Tejas out: Kangana Ranaut starrer track is a melodious anthem, watch

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Crypto advocates file amicus brief to address users' Fourth Amendment privacy rights

The amicus brief was filed to support an appeal against the Internal Revenue Service in relation to a 2017 court order where Coinbase was forced to hand over data from more than 14,300 of its users to the IRS.

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NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale’s new BTC filing: Hodler’s Digest, Oct. 15-21

Nishad Singh testifies in Sam Bankman-Fried’s trial; New York sues Gemini, Genesis and Digital Currency Group; and Grayscale files for new spot Bitcoin ETF.

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Bitcoin core developer steps back from Lightning Network over "hard dilemma"

Antoine Riard believes the Bitcoin community faces a "hard dilemma" as a new class of replacement cycling attacks threatens the Lightning Network.

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Greece establishes AI advisory committee to create national strategy

The Greek prime minister created an AI advisory committee comprising some of the country’s top tech, ethics and science professionals.

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FinCEN issues alert regarding crypto transactions connected to Hamas

The government department warned virtual asset service providers and other financial institutions to “identify and report suspicious transactions” related to terrorist groups.

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How to improve your Web2 business with blockchain

Although blockchain has become a mainstream topic in the finance and business worlds for several years now, it’s definitely not too late to join this wave of innovation.

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Universal Music Group sues Anthropic AI over copyright infringement

Universal Music Group, Concord Publishing and ABKCO Music & Records alleged that Anthropic “unlawfully” copied and disseminated “vast amounts of copyrighted works” from the publishers.

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Why is Bitcoin price up today?

Bitcoin price gains strength as retail and institutional investor sentiment toward BTC continues to improve.

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Bitcoin price holds $28K range as institutional investor maneuvering boosts sentiment

Comments from institutional investors and amendments to the spot Bitcoin ETF applications could be behind the recent improvement in investor sentiment.

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Elon Musk trials $1 subscription signup fee for new X users in New Zealand, Philippines

The Mercurial CEO is on the cusp of turning X into a fully subscription-based app.

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Europe's AML regulations come at a high cost — for your privacy and otherwise

The European Union’s anti-money laundering laws infringe upon personal privacy, and they come with costs that are simply too high.

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Baidu unveils Ernie 4.0 AI system, says overall performance ‘on par with ChatGPT’

The Chinese megacorporation claims its newest model rivals OpenAI’s popular model in generating text, images, and video.

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SEC chair Gary Gensler warns impending AI-wrought financial crisis ‘nearly unavoidable’

Gensler reportedly fears big tech’s stranglehold on AI technologies homogenizing the financial market.

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SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide

The SEC sets examination priorities based on feedback from examiners and input from investors and the industry.

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South Korean exchange Upbit gets initial license nod from Singapore

Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license.

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NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue

Decentraland Foundation executive director Yemel Jardis believes as people become more educated about NFTs, the focus will shift from speculative trading to genuine utility.

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Crypto exchanges to fall under TradFi licensing — Australian Treasury proposal

The Australian treasury's newly-released consultation paper will require to crypto exchanges to apply for financial services licence from the local financial regulator.

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Bitcoin signals potential range expansion— Will SOL, LDO, ICP and VET follow?

Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET.

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Trade experts share their excitement about Ganapath - A Hero Is Born; feel it can be the next successful action grosser of 2023 after Pathaan, Gadar 2, Jawan

Ganapath - A Hero Is Born is all set to release in cinemas on October 20. With the release less than a week away, trade experts told Bollywood Hungama why they are excitedly looking forward to the Tiger Shroff-Kriti Sanon-Amitabh Bachchan starrer, set in the future.

Film exhibitor and distributor Akshaye Rathi said, “What I like about the trailer is that it’s a movie which is playing to Tiger Shroff’s strength, which is his ability to do great action and martial arts on screen. And it’s also unlike his previous action films, be it the films of Baaghi or Heropanti series. There seems to be a novelty in storytelling. There’s a new universe and more value is added rather than just relying on Tiger Shroff’s ability to do great martial arts.”

While stating that “Tiger Shroff is an absolute mass hero,” Akshaye Rathi added, “The storyline of this film and the scale seems like it’s catering to a mass audience. Here’s hoping the aam junta of the country is impressed by the film.”

Trade veteran Taran Adarsh noted, “Tiger Shroff is extremely hardworking. At the same time, the film has a very striking star cast in the form of Amitabh Bachchan and Kriti Sanon besides Tiger.”

Kriti Sanon’s badass character has its share of admirers. Girish Johar, producer and film business analyst, opined, “What stood out for me in Ganapath’s trailer was Kriti’s action avatar. She seems quite convincing.”

Akshaye Rathi agreed, “Kriti has a very interesting screen presence. She made her debut with Tiger Shroff which was also an action movie - Heropanti (2014). With the shots we have seen in the trailer, I think her presence will make for an interesting watch.”

Taran Adarsh made a valid point, “Kriti is looking very good. We usually associate action films with male stars or heroes fighting the villain. But why not have women fighting the baddies? That adds so much novelty and uniqueness to the film.”

And of course, Amitabh Bachchan’s casting adds to the impact, feel experts. Akshaye Rathi opined, “Mr Bachchan’s very presence takes the film’s stature up by many notches.” Girish Johar added, “Personally, I am a fan of Amitabh Bachchan sir. Every outing of his is eagerly awaited.”

This year, mass action entertainers like Pathaan, Gadar 2 and Jawan emerged as Rs. 500 crore grossers. Hence, a lot is expected from Ganapath - A Hero Is Born. Taran Adarsh said, “Mass films have worked this year. I genuinely hope that a film like Ganapath also follows suit.”

He further said, “Ganapath - A Hero Is Born is set in the future in the year 2070 AD. The film has a very unique concept and Vikas Bahl is a good director. He’s not one of the usual masala directors. So, hopefully, he has made a film which stands out.”

Girish Johar remarked, “Films like Ganapath, which are hard-core action entertainers, should cater to the latest trend of mass films doing well in cinemas. It’s upto the audience now. Hopefully, if the makers pump up the promotions and go all out, it’ll grab even more eyeballs.”

Meanwhile, the makers are geared up not just for Ganapath - A Hero Is Born but also for its possible sequel. Taran Adarsh spills the beans, “This film is made in two parts. This is the first part. They have shot some portions of the second part. The shoot will be completed once the first part gets released.”

Also Read: Ganapath: A Hero Is Born director Vikas Bahl praises Kriti Sanon, Tiger Shroff and Rehman for shooting action sequence in Ladakh under harsh conditions

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California Gov. Newsom greenlights crypto regulation bill for 2025

The bill will mandate cryptocurrency firms to adhere to licensing requirements, maintain financial records, and provide regulators with the authority to conduct audits.

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Caroline Ellison speaks on FTX-Binance war, SEC won’t appeal Grayscale BTC ETF: Hodler’s Digest, Oct. 8-14

Caroline Ellison testifies in Sam Bankman-Fried trial, reveals more on FTX-Binance war; SEC reportedly has no plans to appeal on Grayscale Bitcoin ETF case.

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FTX estate stakes 5.5M Solana coins

The coins staked worth $122 million and represent a small fraction of FTX's holdings of Solana.

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Microsoft’s Activision buy may see more metaverse in the office and crypto in gaming

More signs say the acquisition will boost metaverse applications in business than in gaming as CEO Nadella talks about productivity and metaverse enthusiast Kotick leaves Activision.

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Price analysis 10/13: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

Bitcoin trades in a predictable range, but will the sideways price action tempt altcoin traders to open new positions?

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European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined

EU securities regulators have their eyes on DeFi, and the top 100 DeFi tokens had mixed price action over the past week, with most trading in a tight range.

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Ethereum price drops to a 7-month low as data points to more downside

Eth price is at risk of trading below a key price support and multiple data point point to a bearish outlook for the altcoin’s price.

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BitVM’s goal is to scale Bitcoin, not be a pseudo-Ethereum, says dev

Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet.

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