Hey frens, another week, the latest news!
Netflix teases a crypto comedy movie, Gemini receives CFTC approval, Xiaomi smartphones to get pre-installed crypto wallets, and Tether makes a bid for Juventus FC. BingX reaches 40 million users, and Zypto expands its cross-chain wallet.
Let’s dive in.
Netflix teases crypto comedy movie
Streaming service Netflix announced a new comedy movie focused on one couple’s attempt to remember a password and gain access to millions of dollars’ worth of cryptocurrency.
In a Thursday notice, Netflix said that Golden Globe award-winning star Jennifer Garner would be one of the leads in the movie “One Attempt Remaining.” The comedy feature would focus on the story of two people who divorced only to discover “the cryptocurrency they won together on a cruise is now worth millions…but they’ve forgotten the password.”
Garner will also produce the feature alongside Shawn Levy and Dan Levine for 21 Laps, and Nicole King for Linden Productions, with a release date yet to be announced.
According to What’s on Netflix, the story will include a notice from the US Securities and Exchange Commission, and the couple would have 48 hours to retrieve $35 million from the wallet before the claim expires.
Based on the title of the movie, the story could be a romantic comedy drawn from real crypto headaches, such as the saga of Stefan Thomas, the former Ripple chief technology officer, who was locked out of his own Bitcoin.
The former crypto executive forgot the password to an IronKey hard drive in which 7,002 Bitcoin (roughly $640 million as of then) was deposited in 2011. The drive erases the data after 10 incorrect attempts. Thomas reported that he had made eight attempts and had not publicly said whether he regained access to the funds as of December.
Although crypto and blockchain have made inroads into US culture through movies and television series in the last 15 years, the technology has rarely been the focus of a feature film.
Some exceptions include the 2020 feature film “Money Plane,” the 2022 documentary “Trust No One: The Hunt for the Crypto King,” based on the collapse of the QuadrigaCX exchange, and the upcoming release of “Going Infinite,” based on the downfall of crypto exchange FTX and its former CEO, Sam Bankman-Fried.
One of the most infamous cases of an early crypto investor losing access to millions of dollars in a hardware wallet was the story of James Howells, a Welsh entrepreneur who reported losing a drive containing private keys to 8,000 BTC.
Howells reported that the drive had ended up in a landfill in the UK in 2013. He has been fighting with the local city council for years to get permission to search the site, but as of March 2025, he had practically exhausted all legal avenues to gain entry.
Gemini gets CFTC approval to launch prediction market in the U.S.
Gemini is entering the prediction market space.
The Commodity Futures Trading Commission granted a Designated Contract Market license to Gemini Titan, an affiliate of the crypto exchange’s Gemini Space Station, Inc., enabling the exchange to offer event contracts to American customers.
CEO Tyler Winklevoss said in a statement,
“Today’s approval marks the culmination of a five-year licensing process and the beginning of a new chapter for Gemini”
Gemini is now set to compete with other prediction market giants Kalshi and Polymarket, with the latter receiving CFTC clearance last month to return to U.S. operations after being pushed offshore in 2022.
Gemini customers will soon be able to trade event contracts through the exchange’s web interface using existing USD balances, with mobile app functionality to follow.
Sample markets could include questions like whether Bitcoin will end the year above $200,000 or whether specific regulatory outcomes will materialize, according to the statement.
Beyond prediction markets, the company plans to expand into crypto futures, options, and perpetual contracts, which have gained significant traction in Asian markets but remain primarily unavailable to U.S. traders. Cameron Winklevoss, Gemini’s President, said in the statement,
“Prediction markets have the potential to be as big or bigger than traditional capital markets. Acting Chairman Pham understands this vision and its importance”
The CFTC, under Acting Chairman Caroline Pham, has adopted a more permissive stance toward prediction markets compared to previous administrations. He announced the first CEO Innovation Council, which includes Tyler Winklevoss, along with executives from Polymarket, Kalshi, Nasdaq, and CME Group.
In Myriad Markets, 80% of users favor prediction markets as the crypto segment with the most upside potential.
New Xiaomi smartphones to come with crypto wallets preinstalled
Layer-1 blockchain Sei is teaming up with Chinese consumer electronics manufacturer Xiaomi in a deal that will see its crypto wallet preinstalled on Xiaomi devices.
Under the partnership, a modern crypto wallet and discovery app will be preinstalled on new Xiaomi smartphones sold outside the U.S. and mainland China, according to a press release.
In a statement, Sei Labs co-founder Jeff Feng called the partnership a watershed moment for crypto and blockchain adoption. He added that it solves the onboarding problem for mainstream users, leveraging Google and Xiaomi IDs for login alongside curated access to dApps.
The Sei apps will initially roll out in regions with established crypto adoption, including Europe, Latin America, Southeast Asia, and Africa. Sei and Xiaomi will also explore enabling stablecoin payments across the smartphone manufacturer’s mobile ecosystem and retail stores, with plans to enable consumers to buy Xiaomi products using Sei-native stablecoins, including USDC.
Stablecoin payment functionality is expected to launch in Hong Kong and the EU by Q2 2026, as part of Sei’s plan to extend blockchain and Web3 technology beyond crypto-native audiences.
Sei Labs co-founder Jay Jog said,
“We’re moving from a world where crypto is something you have to find, to one where it finds you.”
While Sei bills its collaboration with Xiaomi as remarkable in the blockchain industry, it’s by no means the first integration of blockchain with smartphones.
As far back as 2019, Samsung launched the Samsung Blockchain Keystore and Wallet on its Galaxy line of smartphones, while that same year, HTC debuted its Exodus blockchain phone.
More recently, layer-1 blockchain Solana has launched its own line of smartphones. This includes the Saga, released in 2023, and the Seeker, which dropped this year.
Tether makes $1B bid to buy Juventus FC
Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club.
Tether said last week that it submitted a binding all-cash proposal to Exor, the holding company of the Agnelli family, for its 65.4% controlling stake in Juventus that it has held for over 100 years.
If Exor agrees, then Tether will make a public offer for the remaining shares at the same price. Juventus is a public company with a market capitalization of €944.49 million ($1.1 billion), having closed trading on Friday up 2.3% to €2.23 ($2.62).
Tether clarified that it is prepared to invest €1.1 billion ($1 billion) in the support and development of Juventus if the transaction is completed. The CEO, Paolo Ardonio, said,
“Tether is in a position of strong financial health and intends to support Juventus with stable capital and a long horizon.”
He also touched on sentimental reasons as to what made Juventus important to him.
“For me, Juventus has always been part of my life. As a boy, I learned what commitment, resilience, and responsibility meant by watching Juventus face success and adversity with dignity.”
Tether has also been making moves.
The company first bought a stake in Juventus in February and boosted its stake to over 10% in April. Furthermore, it has looked to boost its influence on the club and, in October, nominated its deputy investment chief, Zachary Lyons, along with Francesco Garino, to the football club’s board of directors.
The bids paid off, as Juventus shareholders approved Garino’s appointment to the board of directors last month.
BingX reaches 40M users
BingX, a leading cryptocurrency exchange and Web3 AI company, has reached a major milestone by surpassing 40 million global users. This was announced on its official X social media page.
BingX is at the forefront of innovation in the crypto space. The exchange launched a groundbreaking $300 million commitment to AI, making a strong push into an AI-native crypto exchange.
This bold move has attracted over 3 million early users who are trading with BingX AI Bingo and BingX AI Master, which provide advanced insights and enhance decision-making.
In addition, BingX has introduced a CeDeFi approach with the launch of BingX Chainspot, a centralized exchange system with decentralized transparency, marking a first in the industry.
This hybrid model blends the strengths of centralized exchanges with the security and transparency of decentralized finance (DeFi), offering users enhanced flexibility and trust in their trading environment.
BingX has further enhanced its trading offerings with improvements across both spot and futures trading. It also prioritized user security, accountability, and transparency.
BingX’s dedication to its users is exemplified through a series of new community-driven initiatives designed to enhance the trading experience.
They include the VIP program, BingX Academy 2.0 upgrade, and millions in donations, as well as investment in promising Web3 projects. This commitment underscores BingX’s role as a driving force in the future of decentralized technologies.
By and large, to celebrate this significant achievement, BingX is launching its Beyond the Alpha campaign, a celebration of its commitment to engaging with users in innovative and meaningful ways.
Expected to run from December 15-26, 2025, the campaign invites users to participate in a lucky draw for a chance to win guaranteed prizes. These include a limited-edition BingX Field Barista Kit, trading vouchers, and more. Users can earn additional entries by completing daily tasks such as trading, depositing, and referring new users.
The Zypto cross-chain wallet
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Zypto App includes native support for over 24,000 cryptocurrencies and over 20 blockchains such as Bitcoin, Ethereum, Solana, Base, Stellar, etc., with more constantly being added. It also enables instant cross-chain swaps, deep integrations with leading swap engines, and a wide range of real-world services.
It’s a powerhouse super app that includes unlimited multichain DeFi wallets, giving you a complete command center for storing, sending, swapping, spending, protecting, and growing your digital assets.
Find out more here.
Closing remark
If everything goes well, the Netflix movie could be the beginning of mainstream Hollywood taking an interest in the crypto industry. Xiaomi partnering with Sei continues the rapid integration of blockchain with smartphones.
Gemini’s CFTC approval is part of a growing regulatory acceptance of prediction markets, which have seen a surge in popularity this year. Tether has looked to expand its business beyond the token and has taken up investing in artificial intelligence, robotics, and a health platform.
BingX’s huge user achievement marks an extraordinary 100% year-over-year growth, cementing its position as one of the fastest-growing platforms in the industry.
We have quite a varied list of topics this week, which news is your favorite? Let us know!
FAQs
What is the name of the upcoming Netflix movie?
The Netflix movie is called “One Attempt Remaining.”
Who does Xiaomi want to partner with?
Xiaomi intends to partner with layer-1 blockchain Sei.
Which soccer club did Tether make a bid for?
Tether launched a bid to acquire the Italian professional soccer club, Juventus Football Club.
Which milestone did BingX reach?
BingX reached a major milestone by surpassing 40 million global users.
Why should you use Zypto as a multichain wallet?
Zypto App includes native support for over 24,000 cryptocurrencies and 20 blockchains, among others.
