Crypto Currency

FaZe Clan Boots Kay And Suspends Three Other Members Following Cryptocurrency Fiasco

Four members of the entertainment and esports organization FaZe Clan have been reprimanded following criticism of their shady cryptocurrency endorsement, with one individual ultimately getting fired from the group.FaZe Jarvis (who was permanently banned from Fortnite in November 2019 for using an aimbot) Nikan, and Teeqo have been suspended indefinitely, while Kay has been removed…

Four members of the entertainment and esports organization FaZe Clan have been reprimanded following criticism of their shady cryptocurrency endorsement, with one individual ultimately getting fired from the group.FaZe Jarvis (who was permanently banned from Fortnite in November 2019 for using an aimbot) Nikan, and Teeqo have been suspended indefinitely, while Kay has been removed from the team. In a Twitter statement, FaZe Clan said it doesn’t condone the actions of those involved with the scheme.A statement from FaZe Clan. pic.twitter.com/HnPXpAoSYX — FaZe Clan (@FaZeClan) July 1, 2021This comes after members of FaZe Clan, including Kay and Nikan, promoted a cryptocurrency token in late June that ended up imploding, causing the group’s millions of fans to reportedly lose thousands of dollars in a matter of minutes.Continue Reading at GameSpot
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Crypto Currency

BlackRock Fidelity and ARK Invest Add $493M to Bitcoin Holdings

TLDR BlackRock, Fidelity, and ARK Invest purchase $493M worth of Bitcoin. Major firms’ Bitcoin investments signal growing institutional confidence. Institutional buying helps stabilize Bitcoin prices and reduce volatility. Bitcoin adoption rises as financial giants seek long-term investment. Bitcoin is seeing a surge in institutional buying as major financial firms like BlackRock…

TLDR BlackRock, Fidelity, and ARK Invest purchase $493M worth of Bitcoin. Major firms’ Bitcoin investments signal growing institutional confidence. Institutional buying helps stabilize Bitcoin prices and reduce volatility. Bitcoin adoption rises as financial giants seek long-term investment. Bitcoin is seeing a surge in institutional buying as major financial firms like BlackRock…
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Crypto Currency

Bitcoin (BTC) Price: Drops To $102K Support Despite $524M In ETF Inflows

TLDR US spot Bitcoin ETFs recorded $524 million in net inflows on November 11, with BlackRock and Fidelity leading the surge Bitcoin price fell 1.8% to $103,344 on November 12, extending recent losses below the $103,000 level China’s cybersecurity agency accused the US government of stealing $13 billion worth of Bitcoin from a mining pool

TLDR US spot Bitcoin ETFs recorded $524 million in net inflows on November 11, with BlackRock and Fidelity leading the surge Bitcoin price fell 1.8% to $103,344 on November 12, extending recent losses below the $103,000 level China’s cybersecurity agency accused the US government of stealing $13 billion worth of Bitcoin from a mining pool […]
The post Bitcoin (BTC) Price: Drops To $102K Support Despite $524M In ETF Inflows appeared first on CoinCentral…
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Crypto Currency

UK sentences Chinese scammer after record-breaking Bitcoin seizure

Police seized 61,000 Bitcoin from Zhimin Qian, 47, as part of a years-long money laundering investigation…

Police seized 61,000 Bitcoin from Zhimin Qian, 47, as part of a years-long money laundering investigation…
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Crypto Currency

Cryptoqueen who fled China for London mansion jailed over £5bn Bitcoin stash

A woman, said by police to have bought cryptocurrency now worth billions of pounds using funds stolen from thousands of Chinese pensioners, has been sentenced to 11 years and eight months for money laundering. Passing sentence at Southwark Crown Court on Tuesday, Judge Sally-Ann Hales told Qian Zhimin she was “the architect of this offending

A woman, said by police to have bought cryptocurrency now worth billions of pounds using funds stolen from thousands of Chinese pensioners, has been sentenced to 11 years and eight months for money laundering. Passing sentence at Southwark Crown Court on Tuesday, Judge Sally-Ann Hales told Qian Zhimin she was “the architect of this offending […]
The post Cryptoqueen who fled China for London mansion jailed over £5bn Bitcoin stash appeared first on The Ghana Report…
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