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

US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stash

A renewed push to solidify the United States’ foothold in the digital asset market emerged Thursday as lawmakers unveiled legislation to establish a formal strategic Bitcoin reserve and consolidate the federal government’s multibillion-dollar cryptocurrency stockpile. Spearheaded by Representative Nick Begich, the American Reserve Modernization Act (ARMA) of 2026 mandates the creation of a secure Bitcoin

A renewed push to solidify the United States’ foothold in the digital asset market emerged Thursday as lawmakers unveiled legislation to establish a formal strategic Bitcoin reserve and consolidate the federal government’s multibillion-dollar cryptocurrency stockpile. Spearheaded by Representative Nick Begich, the American Reserve Modernization Act (ARMA) of 2026 mandates the creation of a secure Bitcoin […]
The post US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stash appeared first on CryptoSlate…
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Crypto Currency

Turkey’s 8-Day Betting Blitz Hits 670+ Suspects as Crypto Rails Surface in Adana Probe

Turkish authorities have taken legal action against 233 more illegal betting suspects in Antalya and Mersin operations announced Monday, pushing the eight-day enforcement tally past 670 across four major raids. The earlier Adana investigation that arrested pro-government commentator Rasim Ozan Kütahyalı named cryptocurrency platforms among the alleged laundering channels…

Turkish authorities have taken legal action against 233 more illegal betting suspects in Antalya and Mersin operations announced Monday, pushing the eight-day enforcement tally past 670 across four major raids. The earlier Adana investigation that arrested pro-government commentator Rasim Ozan Kütahyalı named cryptocurrency platforms among the alleged laundering channels…
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Crypto Currency

FBI: Americans lost over $388 million to scams using crypto ATMs in 2025

The FBI says Americans have lost over $388 million last year to scams using cryptocurrency kiosks, also known as crypto ATMs or Bitcoin ATMs. …

The FBI says Americans have lost over $388 million last year to scams using cryptocurrency kiosks, also known as crypto ATMs or Bitcoin ATMs. …
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Crypto Currency

Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future

Bitcoin Magazine Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future Cameron and Tyler Winklevoss announced a $100 million Bitcoin-funded investment into Gemini alongside a Q1 earnings report showing 42% year-over-year revenue growth. This post Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future first appeared on

Bitcoin Magazine

Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future
Cameron and Tyler Winklevoss announced a $100 million Bitcoin-funded investment into Gemini alongside a Q1 earnings report showing 42% year-over-year revenue growth.
This post Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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