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Shanghai to Hand Out $3 Million in Digital Yuan Lottery

As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere in China. Lottery Winners to Get 350,000 Digital Red Envelopes The city of Shanghai is going to hand out 19.25 million yuan in digital currency, or around $3 million. The money will be distributed among local consumers through a lottery system, the state-run Xinhua news agency reported quoting the Shanghai Municipality. Municipal government headquarters, Shanghai.…

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Elon Musk impersonators make bank as crypto scammers’ profits surge

Scammers are impersonating Elon Musk and other prominent crypto figures to dupe naive investors out of their coins at an accelerated rate. The United States Federal Trade Commission has found that crypto scammers’ profits spiked in the last two months, noting a surge in fraudulent impersonators posing as prominent figures associated with digital assets, such as Elon Musk.  The findings report that cryptocurrency investment scams rose sharply in October 2020 as the impacts of coronavirus pandemic and lockdown deepened, with nearly 7,000 people reporting losses of more than $80 million to digital asset scams over the six months that followed.…

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Phemex DOGE Listing Celebrated With 4M Giveaway To Users

The Phemex DOGE listing celebrated with a 4 million giveaway to its users after a month of introducing the pair with 20x leverage for the first time ever. The platform kicked off a campaign offering 1,000,000 DOGE to the first 5000 news users as we can see more in our latest Dogecoin news today. From here on, the floodgates opened and more than 46,000 new users signed up in the first half of the entry. The Phemex DOGE listing now means a generous giveaway to its users by four times the originally intended amount of coins which shocked the users…

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Fake UNI Token Giveaways Are Flooding The Internet

As of recently, fake UNI token giveaways have been flooding the internet, by hosting livestreams on YouTube and impersonating the creator of the token. In our latest altcoin news, we are learning more about it. Cryptocurrency fake giveaways are emerging still and the latest example involves the popular DEX protocol Uniswap. A few days after the launch of the governance token UNI, now, Fake UNI token giveaways have been flooding the internet and scammers started promoting fake giveaways by impersonating the creator of Uniswap, Hayden Adams. UNI Token Fake Giveaway (Source: YouTube) The popular decentralized token swap platform launched the…

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‘Growth hacker’ hides 100 caches of Bitcoin Cash around city

‘Giving away crypto does help people, but the real motivation is to spread awareness in a way that’s fun and interesting,’ the Bitcoin Man said. An anonymous benefactor manipulated social media to get on the news in the Californian city of Bakersfield to encourage the adoption of Bitcoin Cash. According to a Sept. 17 blog post from the Bitcoin Man of Bakersfield’ (BMB) — a self-described “anonymous growth hacker and media manipulator” — he selectively placed 100 Bitcoin Cash (BCH) QR code stickers worth $1,100 total around the streets of the city this week. “Giving away crypto does help people,…

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Bitpanda is launching VeChain and giving away VET

Read this article in German, French or Spanish. We are adding VeChain’s native coin, VET, to Bitpanda! From now on, you will be able to buy, sell and swap VET on Bitpanda. To celebrate, we’re organising a giveaway for all our verified users. Read on to find out how to win big! What is VET? Started in 2015, VeChain is a blockchain network that aims to enhance supply chain management. The distributed ledger technology behind VeChainThor has the objective of streamlining business processes. One of the VeChain tokens is VET, which is used to settle smart contracts across VeChain’s network.…

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ETH-duplázós csalást promotáltak egy népszerű Youtube-csatornán

Hackertámadás áldozata lett az azerbajdzsáni Caspian Report Youtube-csatorna. Az elkövető a kriptovilágban népszerű „egyet küldesz, kettőt kapsz” csalással próbálta meg átverni a geopolitika iránt érdeklődő követőtábort. Továbbra is ismeretlen, hogyan vették át az irányítást a fiók felett, hogy aztán egy Ethereum-konferencia livestreamjét közvetítve Vitalik Buterin nevével fémjelzett átverést valósíthassanak meg. A feltörés után a csatornát „Ethereum Foundation” névre keresztelték. Ezzel, valamint a több mint 600.000 feliratkozóval megtámogatva meg valósághűbbnek tűnt a dolog. Így néz ki egy tipikus csaló livestream. Egy kis területen megy maga a videó, a háttérben pedig a részletek. A streamelt esemény valóban megtörtént, bár jóval korábban. A…

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CoinJanitor Buys Deadcoins & Announces 1 Million Sat Giveaway Away to Say Thanks!

Bitcoin Press Release: Coinjanitor have released details of their 1,000,000 SAT giveaway as part of its 2nd birthday.   24th June, 2020, Nicosia, Cyprus: It is hard to think about how many deadcoins there are out there. So many projects have failed or have been abandoned that the number of users who got stuck with those bags is unfathomable. This is a drag on the crypto space as a whole, but not for long. CoinJanitor came to the space 2 years ago as the first project of its kind. This project is all about cleaning up crypto and giving all…

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