The Daily: Twitter Blocks Bots Mimicking Musk, Coinvault Hackers Sentenced

In Friday’s edition of The Daily, Twitter has taken measures against crypto scammers imitating the profile of Tesla’s CEO Elon Musk and a Dutch court has sentenced the operators of the Coinvault ransomware. Also, crypto has been labeled as ‘junk’ by Mastercard CEO Ajay Banga, and Wirex has reported $2 million worth of XRP deposited … Read more

Bitcoin Cash Fund to Help Promote Future r/MillionaireMakers Drawings

Back in early 2015 a Reddit forum was created called r/millionairemakers which is a subreddit that tries to create a millionaire by getting one million Reddit users to donate $1 each and the forum subscribers give the money to a random person in hopes they can create a millionaire. Now the lottery-style forum is allowing … Read more

FINMA Launches Proceedings Against $100 Million ICO Envion AG

Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has announced that it has launched proceedings against initial coin offering (ICO) issuer, Envion AG. Also Read: Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says FINMA Launches Proceeding Against $100 Million ICO A press release published by the Swiss Financial Market Supervisory … Read more

Japanese Class Action Against Gambling Coin Claims $12m Damages

Withcoin, a virtual currency reportedly designed for casinos, and listed on the Hitbtc exchange around May, is accused of selling coins using a promotional video propagating alleged lies and misleading information. In April 2018, a video promoting Withcoin went viral on the internet, inviting investors to purchase in advance a coin that was going to … Read more