{"id":3615,"date":"2022-04-24T04:46:10","date_gmt":"2022-04-24T04:46:10","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=3615"},"modified":"2022-04-24T04:46:12","modified_gmt":"2022-04-24T04:46:12","slug":"coinbase-nft-launches-beta-amc-theatres-rolls-out-shib-and-doge-payments-and-blockchain-com-eyes-ipo-hodlers-digest-april-17-23","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=3615","title":{"rendered":"Coinbase NFT launches beta, AMC Theatres rolls out SHIB and DOGE payments, and Blockchain.com eyes IPO: Hodler\u2019s Digest, April 17-23"},"content":{"rendered":"<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<p style=\"text-align: center;\"><i>Coming every Saturday, <\/i><i>Hodler\u2019s Digest<\/i><i> will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more \u2014 a week on Cointelegraph in one link.<\/i><\/p>\n<h2\/>\n<h2 style=\"text-align: center;\">Top Stories This Week<\/h2>\n<p>AMC Theatres mobile app accepts Dogecoin, Shiba Inu and more<\/p>\n<p>Retail traders\u2019 favorite cinema chain, AMC Theatres, updated its mobile app to support Dogecoin and Shiba Inu payments. United States-based customers using Apple or Android phones can both download the app and spend their highly volatile memecoins on movie tickets.\u00a0<\/p>\n<p>The firm first teased the idea back in January, after rolling out payment support for Bitcoin, Ether, Bitcoin Cash and Litecoin in November.\u00a0<\/p>\n<p>AMC is able to accept crypto payments via a partnership with BitPay, a Bitcoin payment service provider. It should be noted that merchants using BitPay don\u2019t receive crypto payments outright. Instead, BitPay converts crypto payments into fiat before depositing it into the merchant\u2019s account.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Crypto startup Blockchain\u200b.com planning 2022 IPO<\/p>\n<p>It was reported on Tuesday that $14 billion crypto exchange Blockchain.com is holding talks with banks regarding the launch of a potential initial public offering (IPO) this year.\u00a0<\/p>\n<p>Bloomberg\u2019s unnamed sources stated that the talks were highly tentative and could change at any time (especially if those unnamed sources have been instructed by Blockchain.com to leak information to get a sense of public sentiment before revealing anything concrete).\u00a0<\/p>\n<p>If the firm manages to get through all the regulatory hurdles and go public via an IPO, it would join Coinbase as the only other U.S. crypto exchange to do so. Binance.US is also looking at a potential similar route in the future.<\/p>\n<p>\u00a0<\/p>\n<p>Coinbase announces beta of NFT marketplace with social engagement<\/p>\n<p>Speaking of the only U.S. crypto exchange to go public, Coinbase rolled out an early beta of its NFT marketplace for a select number of testers this week. At this stage, the early adopters of Coinbase NFT can create online profiles as well as buy and sell NFTs.<\/p>\n<p>In a blog post on Tuesday, Coinbase vice president of product and ecosystem Sanchan Saxena hinted that Coinbase NFT would be a hybrid platform that takes elements from social media services and marketplaces such as OpenSea.\u00a0\u00a0<\/p>\n<p>\u201cWhile it is true that buying and selling NFTs is a big part of the ecosystem today, what we have learned by talking to many customers and creators is that there is more to it than just buying and selling,\u201d said Saxena. \u201cThere is the community aspect of it.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>German banking giant Commerzbank applies for crypto license<\/p>\n<p>One of Germany\u2019s banking giants, Commerzbank, revealed this week that it had applied for a crypto license, making it the first traditional financial institution in the country to do so.\u00a0<\/p>\n<p>A spokesperson told local media outlet B\u00f6rsen-Zeitung that it had \u201capplied for the crypto custody license in the first quarter of 2022.\u201d The move would go a long way to mainstreaming crypto in the country, as the bank serves over 18 million customers and 70,000 institutional clients.\u00a0<\/p>\n<p>Any business looking to roll out crypto services in Germany must first seek approval from the Federal Financial Supervisory Authority, also known as BaFin.<\/p>\n<p>\u00a0<\/p>\n<p>Goldman Sachs reportedly eyes FTX alliance with regulatory and public listing assistance<\/p>\n<p>Goldman Sachs is reportedly looking to secure an alliance with top derivatives exchange FTX, offering a strong show of faith in crypto in the banking sector.\u00a0<\/p>\n<p>According to the Financial Times, Goldman Sachs CEO David Solomon and FTX founder Sam Bankman-Fried met behind closed doors in March to discuss how a potential partnership could work for both firms.\u00a0<\/p>\n<p>The key areas of discussion were said to involve compliance in the U.S., with Goldman Sachs offering to help FTX navigate the murky waters of regulation, in addition to assisting with future funding rounds.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center;\">Winners and Losers<\/h2>\n<p>\u00a0<\/p>\n<p>At the end of the week, Bitcoin (BTC) is at $39,628, Ether (ETH) at $2,957 and XRP at $0.71. The total market cap is at $1.85 trillion, according to CoinMarketCap.<\/p>\n<p>Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are STEPN (GMT) at 40.66%, 0x (ZRX) at 22.40% and Decred (DCR) at 18.98%.\u00a0<\/p>\n<p>The top three altcoin losers of the week are Helium (HNT) at -12.74%, Convex Finance (CVX) at -10.82% and Maker (MKR) at -10.81%.<\/p>\n<p>For more info on crypto prices, make sure to read Cointelegraph\u2019s market analysis. <\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center;\">Most Memorable Quotations<\/h2>\n<p>\u00a0<\/p>\n<p>\u201cI see Ethereum remaining as the dominant L1 for years to come, while Bitcoin retains its status as the primary store of value on the blockchain.\u201d<\/p>\n<p>Lynn Liss, co-founder and chief operating officer of Akoin\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u201cIt\u2019s early days, but we are encouraged by what we\u2019re seeing and confident that blockchain games will continue to gain traction if they are interesting and fun to play.\u201d<\/p>\n<p>Chris DeWolfe, co-founder of Myspace, CEO and co-founder of Jam City<\/p>\n<p>\u00a0<\/p>\n<p>\u201cCrypto is dead. Long live Crypto.\u201d<\/p>\n<p>Andre Cronje, founder of Yearn.finance<\/p>\n<p>\u00a0<\/p>\n<p>\u201cNO! There are already digital means of payment! So what is CBDC for? [\u2026] Even more surveillance, prevention of bank runs, addiction and the consequent enslavement of mankind? This does not prevent money laundering; this already exists on a large scale for the top 10,000 in many tax havens, e.g., [the] Cayman Islands, Macau, Dubai, etc.\u201d<\/p>\n<p>Anonymous<\/p>\n<p>\u00a0<\/p>\n<p>\u201cOne of the guiding principles of the blockchain is that it is a public ledger that\u2019s shared and everyone with a little bit of computing power has access to it, [including] law enforcement. So the secret service hasn\u2019t been doing anything that wasn\u2019t the original intent of the blockchain. We\u2019re just using the same tracking and tracing mechanisms that were intended.\u201d<\/p>\n<p>David Smith, assistant director of investigations for the United States Secret Service<\/p>\n<p>\u00a0<\/p>\n<p>\u201cNFTs represent an opportunity for game developers to create games with player-owned economies; where the community of holders are both the early supporters of the game but also the main actors of its development and true stakeholders of its success.\u201d<\/p>\n<p>Sebastian Borget, co-founder of The Sandbox<\/p>\n<p>\u00a0<\/p>\n<p>\u201cIt\u2019s very improbable that all the countries would ban noncustodial wallets, or any other aspect of Bitcoin\u2019s peer-to-peer network for that matter.\u201d<\/p>\n<p>Stepan Uherik, chief financial officer for SatoshiLabs<\/p>\n<p>\u00a0<\/p>\n<p>\u201cMy worldview pre-Bitcoin was pretty narrow. Life looked like school, work, retirement, death. Nowadays, I think slightly differently. The ultimate goal [now] might be better described as entrepreneurship and self-sovereignty.\u201d<\/p>\n<p>Mr. ERB, blogger<\/p>\n<p>\u00a0<\/p>\n<p>\u201cThe point of DeFi cannot just be to trade DeFi tokens.\u201d<\/p>\n<p>Arthur Breitman, co-founder of Tezos<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center;\">Prediction of the Week\u00a0<\/h2>\n<p>\u00a0<\/p>\n<p>BTC could drop to $30K in 2 weeks, trader warns as gold goes for $2K high<\/p>\n<p>Bitcoin\u2019s price took a dive below $40,000 on April 17, according to Cointelegraph\u2019s BTC price index. The asset then proceeded to dip down to almost $38,500 the following day, followed by a subsequent move up past $41,000 during the same session. By Thursday, the asset had made its way up to around $43,000, although downward action followed on the same day, with the asset then falling down below $40,000.\u00a0<\/p>\n<p>Pseudonymous trader \u201cCrypto Ed\u201d posted a YouTube video on Monday talking about BTC price action. Looking back now, his expectations for the asset have proven pretty accurate. He expected $37,500 to serve as a bouncing point for BTC, followed by a potential run to $43,000 if the asset surpassed $40,000. He noted $43,000 as possibly just a local high, with the asset facing downward price pressure after that. The past week shows BTC moving pretty much in line with Crypto Ed\u2019s comments.<\/p>\n<p>He did, however, also mention that the next two weeks (from the date of his Monday video), approximately, could ultimately see BTC arrive at the $30,000 price level. <\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center;\">FUD of the Week\u00a0<\/h2>\n<p>Beanstalk Farms offers plea deal to perpetrators of $76M exploit<\/p>\n<p>After credit-based stablecoin protocol Beanstalk Farms was hacked for around $76 million earlier this week, the team offered a bounty of 10% if the hacker returned the funds.\u00a0<\/p>\n<p>Bounty offerings to blackhat hackers are becoming a common method for DeFi platforms of late, as they seem to be the most viable way of getting the project\u2019s funds back and up and running as fast as possible.\u00a0<\/p>\n<p>Notably, the project\u2019s founders Benjamin Weintraub, Brendan Sanderson and Michael Montoya admitted during a podcast interview on Monday that the flaws in Beanstalk\u2019s design \u201cultimately led to its undoing.\u201d <\/p>\n<p>\u00a0<\/p>\n<p>MetaMask warns Apple users over iCloud phishing attacks<\/p>\n<p>Crypto wallet provider MetaMask warned the community of potential Apple iCloud phishing attacks that could become very costly.\u00a0<\/p>\n<p>The security issue is related to default device settings on Apple devices that see a user\u2019s seed phrase or \u201cpassword-encrypted MetaMask vault\u201d stored on iCloud if the user has enabled automatic backups for their MetaMask application data.<\/p>\n<p>MetaMask\u2019s warning came in response to reports from an NFT collector who goes by \u201crevive_dom\u201d on Twitter, who stated that their entire wallet containing $650,000 worth of digital assets and NFTs was wiped via this specific security issue.<\/p>\n<p>\u00a0<\/p>\n<p>FBI and CISA issue alert over North Korean cyberattacks on crypto targets<\/p>\n<p>On Monday, the U.S. Cybersecurity and Infrastructure Security Agency (CISA) and Federal Bureau of Investigation (FBI) sent out an alert regarding North Korean state-sponsored cyber attacks.\u00a0<\/p>\n<p>The warning was made in response to the Ronin Bridge hack last month, which is believed to have been conducted by North Korean hackers. The FBI and CISA highlighted that hackers are specifically targeting DeFi protocols and play-to-earn games in particular, with spearphishing and malware being the methods of choice.\u00a0\u00a0<\/p>\n<p>\u201cThese actors will likely continue exploiting vulnerabilities of cryptocurrency technology firms, gaming companies, and exchanges to generate and launder funds to support the North Korean regime,\u201d the CISA wrote.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center;\">Best Cointelegraph Features<\/h2>\n<h3><\/h3>\n<h3>Basic and weird: What the Metaverse is like right now<\/h3>\n<p>Your travel guide to what the Metaverse is like right now \u2014 in pictures.<\/p>\n<h3>In Georgia, crypto is a crucial tool for refugees escaping the war<\/h3>\n<p>Crypto, like most other new tech praised upon its creation as apolitical or neutral, becomes political in the hands of the people who use it and regulate it.<\/p>\n<h3>Brain drain: India\u2019s crypto tax forces budding crypto projects to move<\/h3>\n<p>Several Indian cryptocurrency projects are planning to move their bases to more crypto-friendly jurisdictions.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/magazine\/2022\/04\/23\/coinbase-nft-launches-beta-amc-theatres-shib-doge-payments-blockchain-com-eyes-ipo-hodlers-digest-april-17-23\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coming every Saturday, Hodler\u2019s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more \u2014 a week on Cointelegraph in one link. Top Stories This Week AMC Theatres mobile app accepts Dogecoin, Shiba Inu and more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[2],"tags":[],"class_list":["post-3615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/3615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3615"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/3615\/revisions"}],"predecessor-version":[{"id":3617,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/3615\/revisions\/3617"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/3616"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}