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Digital Yuan Users Are Unimpressed With It After $1.5M Giveaway

The digital yuan users are unimpressed with it after China released a weekly trial of it and users think it hasn’t offered anything different than other payment apps like Alipay. In today’s crypto news, we take a closer look at the launch. After a week of utilizing $1.5 million worth of digital yuan sent to 50,000 Shenzhen citizens, those that used the funds to purchase something were not impressed. Analysts however claimed that the trials are a major step towards a real-life practical usage for China’s digital crypto. The Digital Yuan users were not impressed with but the central banks…

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95% of winners in China’s CBDC lottery spent digital yuan prizes

Some winners purchased additional digital yuan during the pilot. The vast majority of China’s $1.5 million digital yuan lottery winners have received and spent their “red packets” of digital yuan. As of Oct. 18, a total of 47,573 out of 50,000 lottery winners in China have received their prizes, Shenzhen authorities officially announced on Sunday. According to the announcement, the winners conducted a total of 62,788 transactions accounting for 8.8 million yuan ($1.3 million). This amount represents about 88% of the total 10 million yuan ($1.5 million) that was to be distributed in the giveaway pilot in Shenzhen. Some winners…

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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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