Thursday, March 28, 2024
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50 Cent Associate Jay Mazini Accused of $2.5m Bitcoin Scam Against IG Followers

Federal prosecutors caught up with social media influencer Jay Mazini yesterday, charging him over a $2.5mn Bitcoin fraud. Mazini, whose legal name is Jebara Igbara, is alleged to have exploited his Instagram followers in a BTC for cash scheme. Jonathan D. Larsen, the Special Agent-in-Charge at the Internal Revenue Service-Criminal Investigation,

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Bitcoin price must hit $1 million for 1 satoshi to reach parity with 1 cent

Bitcoin (BTC) may be circling all-time highs, but a new storm is brewing around its smallest subunit, the satoshi or “sat.”As more first-time investors pile in to BTC, attention is once again highlighting the fact that many still think Bitcoin cannot be divided and is “too expensive.”Buy Bitcoin? Too expensiveA

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1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining

The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt about mining in 2018. Back then

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