Netflix Making New Crypto Documentary

WIll the victims of QuadrigaCX ever get their crypto back? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [CoinMarketCap Earn]( [CoinMarketCap Earn]( Market Activity Total Market Cap $1.93T (+0.35%) 24 Hour Volume $96.70B (-13.43%) Notable Movers[(FIL) $61.60]( (+10.56%) Notable Movers (DeFi)[(CVP) $3.09]( (+94.07%) Bitcoin Dominance 42.36%[(-0.10%)]( Bitcoin Price[(BTC) $43,593.05 (+0.99%)]( Ethereum Price[(ETH) $3,083.99 (-2.63%)]( Cardano[(ADA) $2,21 (-2.05%)]( SPONSORED AD The Most Popular Way to Trade Crypto Low fees, 80+ trading pairs. Trusted by millions of users across 200 countries. Trade with the fastest matching engine in crypto. [Trade Crypto]( Low fees, 80+ trading pairs. Trusted by millions of users across 200 countries. Trade with the fastest matching engine in crypto. [Trade Crypto]( Why Are 2010-Era Internet Memes Back? This week, yet another meme from almost ten years ago sold as an NFT for tens of thousands of dollars. Side Eyeing Chloe, a video of two sisters who are surprised with a trip to Disneyland (and one is….not impressed), sold for 25 ETH — or about $78,300. This is not the first time that a very, very old meme has made thousands in the present-day NFT market. Disaster Girl (a girl smirking in front of a burning building) sold for 180 ETH, and Charlie Bit Me (no explanation needed) sold for ETH worth almost $761,000. The whole point of internet memes is that they usually have a relatively short life cycle — a meme that is funny today will be way less funny next month. So why are 10-year-old memes making such large sums of money in NFTs? One obvious answer is nostalgia — most of these memes became popular at a time before Instagram and TikTok were the trend-makers, and now, taking these early Internet jokes and selling them in one of the newest, most hyped up marketplaces is a way of connecting the old with the new. Another answer could be the more selfless, giving-back perspective. We spent countless hours watching these memes for free (i.e., the little girl giving her parents the side-eye wasn’t making millions off of our views), and now technology like NFTs is a way of giving back to these original content creators. Or, neither of these could be the right answer, and people are just buying these memes as NFTs for the lulz…take your pick. SPONSORED AD ArtVerse NFT Marketplace. Pre-sale Starts Sep 27 on Bitrue! ArtVerse is an advanced NFT market for art creation. Join the token sale on Bitrue & share 15,000,000,000 AVT rewards. [Start Earning Now!]( ArtVerse is an advanced NFT market for art creation. Join the token sale on Bitrue & share 15,000,000,000 AVT rewards. [Start Earning Now!]( Today’s Top Stories 📰 Check out [CoinMarketCap Alexandria]( for tech deep dives, analysis, daily news and easy-to-understand guides on how crypto works! [Today’s Top Stories ]( Bitcoin Shows Resilience Despite China Ban 🇨🇳 The crypto markets have rallied over the weekend — recouping the losses suffered when China announced that all crypto-related transactions are illegal. Bitcoin managed to head back above $44,000 early on Monday, with Ether surpassing $3,100. Some analysts believe Beijing is merely repeating threats that it's made before. Netflix Making QuadrigaCX Documentary 😬 A new show is being made about the collapse of the Canadian crypto exchange QuadrigaCX. The company went bankrupt after its CEO, Gerald Cotten, died on his honeymoon in India. The 30-year-old was the only person with keys to cold storage where client funds worth hundreds of millions were held. Some 76,000 victims are still out of pocket. [The full story.]( Another Meme Makes Big Bucks as NFT 💰 First there was Disaster Girl. Then Overly Attached Girlfriend. And Charlie Bit Me. Now, Side Eyeing Chloe — featuring the little girl who looks confused after being told she's going to Disneyland — has made a lot of moolah after being made into an NFT. It sold for 25 ETH, and the family featured in the video now plan to hold on to their crypto. [Find out more.]( Cardano Will Soon Have Its Own Stablecoin 🥳 Cardano's founder Charles Hoskinson has unveiled Djed, an algorithmic stablecoin that will use smart contracts to eliminate price fluctuations. This could allow the network to play a greater role in the world of DeFi. Djed aims to make transaction fees cheaper and more predictable. But it comes as the U.S. explores plans to crack down on stablecoins. [Our story.]( Thanks for reading! Have a great day — more news tomorrow! 👋 [Read More]( [App Store]( [Google Play]( [Facebook]( [Twitter]( [Instagram]( [Telegram]( © 2021 CoinMarketCap [Update Settings]( | [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States