cryptocurrency
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Instagram star “Jay Mazini” is facing years behind bars. The 25-year-old influencer—legal name Jebara Igbara—has been charged with wire fraud for allegedly cheating his followers out of $2.5 million worth of Bitcoin. The U.S. Attorney’s Office for the Eastern District of New York announced the charges in a press release Wednesday, claiming Mazini had tricked the victims into sending […]
Toronto rapper KILLY has just released a non-fungible token (NFT) that unlocks the title and cover art of his new track. Called “HYPER RARE DEMON FACE,” the NFT is currently accepting bids via Rareable. Only 25 copies will be released to buyers. An NFT is a unique unit of cryptocurrency that gives artists, creators, and buyers outright […]
Tesla, fresh off impactful cryptocurrency-centered tweets from CEO Elon Musk, has announced a sizable investment in bitcoin. In an SEC filing shared to the Tesla website on Monday, the company noted it had updated its investment policy in January to provide for greater flexibility in further diversifying and maximizing returns on its cash “that is […]
On Thursday the Securities and Exchange Commission announced it is charging Steven Seagal after he allegedly neglected to disclose that he received payments to promote a cryptocurrency. Seagal is accused of failing to reveal that he was being paid to tout the new coin on his social media accounts. He was reportedly promised $250,000 in cash, […]
Bad news, Kik users: The popular messaging app is in its final days. Kik Interactive CEO Ted Livingston announced the shut down via Medium on Tuesday, citing a costly legal battle with the U.S. Securities and Exchange Commission. The case stemmed from a June SEC lawsuit in which Kik was accused of illegally raising $100 million in an […]
Manny Pacquiao has teamed up with English soccer icon Michael Owen Abu Dhabi’s Sheikh Khaled bin Zayed al-Nahyan, Jason Derulo, and the GCOX Group to back a new global cryptocurrency, according to Engadget. The boxer made the announcement during a free concert in Malaysia, which served as the launch party for his new business venture. Pacquiao’s new currency […]
Hackers were able to lift 7,000 Bitcoin (over $40 million) from Binance, one of the world’s largest cryptocurrency exchanges, CNBC reports. Binance described the digital heist, which occurred Tuesday (May 7), as a “large scale security breach,” as the thieves used several attack strategies and were also able to access user information such as login authentication codes. The platform […]
A group of 25 investors is taking legal action against T.I. after allegedly getting tricked into putting up $1.3 million for cryptocurrency backed by the rapper, according to TMZ. In August 2017, Tip and Atlanta-based businessman Ryan Felton announced the creation of FLiK Token with promises that seemed too good to be true. Felton claimed that one token would […]
