Instagram Influencer Jay Mazini Indicted in $2.5M Bitcoin Scam
An Instagram influencer Jay Mazini has been accredited with wire fraud after scammed followers out of $2.5 million worth of Bitcoin.
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Lolli Raises $5M Pre-Series A Funding to Expand Bitcoin Rewards Platform
Lolli, a firm that rewards shoppers with Bitcoin, has raised $5 million in a pre-Series A funding round with participation from prominent personalities.
Crypto News
Tesla Now Accepts Bitcoin Payments for Vehicles, Says Elon Musk
Elon Musk, the CEO of the world’s largest electric-car maker Tesla, contended that the company had enabled Bitcoin as a mode of payment.
Crypto News
Robinhood Files for IPO Amidst Rapid Growth and Regulatory Challenges
Robinhood Markets Inc. has filed its paperwork confidentially with the U.S. SEC to go public via filing S-1 form.
Crypto News
Federal Reserve Chair Jerome Powell Compares Bitcoin to Gold, Impacting Market Sentiment
The U.S. Fed Reserve Chairman Jerome Powell states that Bitcoin can replace Gold. However, it cannot substitute the U.S. Dollar.
Crypto News
Ripple’s Whitepaper Envisions XRP as a Bridge Currency for CBDCs
Amidst the ongoing lawsuit, Ripple says XRP is a neutral bridge currency for CBDCs, according to the latest whitepaper released by the company.
Crypto News
TurtleDEX Rug Pull: DeFi Project Drains $2.5M, Raising Concerns Over Contract Audits
DeFi file storage project on Binance Smart Chain (BSC), TurtleDEX performed a "rug pull" exit scam, draining $2.5 Million worth of BNB tokens.
Crypto News
Pakistan’s Khyber Pakhtunkhwa to Develop Hydroelectric-Powered Crypto Mining Farms
The Pakistani province of Khyber Pakhtunkhwa will build two pilot hydroelectric-powered cryptocurrency mining firms as part of a new policy.
Crypto News
SBI Crypto Opens Bitcoin Mining Pool to the Public
SBI Crypto has opened its Bitcoin Mining Pool for institutional and retail customers. The pool recently generates 1.82 EH/s.
Crypto News
Bank of Thailand Issues Warning Against Thai Baht Digital (THT) Stablecoin
The Bank of Thailand has published a warning against THT stablecoin, a privately issued stablecoin pegged to the national currency, the Thai Baht.