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Twitter loses its mind over rapper’s ‘$1M Bitcoin giveaway’ … worth $11 each

Cash App, the Bitcoin-friendly payments application from U.S. financial services company Square, has teamed up with Grammy-nominated rapper Megan Thee Stallion on a $1 million Bitcoin giveaway.Megan announced the promotional campaign via Twitter on Dec. 17. The post has received more than 60,000 likes and 8,800 retweets at the time

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Mike Novogratz has 50% of net worth in crypto, advocates up to 5% for investors

Galaxy Digital founder and CEO Mike Novogratz is encouraging investors to devote a larger percentage of their portfolios to crypto.In an interview with CNN’s Julia Chatterley today, Novogratz said he had “changed his tune” on previous advice that investors should allocate roughly 1% of their net worth to Bitcoin (BTC)

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Coin Center Donations Top $100K Worth of Dai Following Anti-Stablecoin Bill Proposal

Anti-stablecoin legislation has been a boon for donations to Coin Center, a cryptocurrency think tank and policy advocacy group, with the organization receiving over $100,000 in donations — paid out in stablecoins — two days after the bill was introduced. Cryptocurrency investors, entrepreneurs, and enthusiasts showed strong support for the industry’s

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Guggenheim Fund Seeks $500M Worth Exposure in BTC via Grayscale Bitcoin Trust

In its filing with the US SEC, Guggenheim says that it wants to facilitate a 10% exposure from its $5 billion Macro Opportunities Fund, to Bitcoin. The investment, however, will happen through the Grayscale Bitcoin Trust and could be the biggest institutional investment after MicroStrategy.The Chicago-based global investment giant Guggenheim

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Chinese Authorities Seize Over $4.2B Worth of Digital Assets from PlusToken Ponzi Scheme

The PlusToken Ponzi scheme is reported to have begun back in May 2018 and advertised a non-existent crypto arbitrage trading platform. Chinese law enforcement has seized cryptocurrencies worth over $4.2 billion from the PlusToken Ponzi scheme. Apparently, a total of 194,775 BTC, 833,083 ETH, 1.4 million LTC, 27.6 million EOS, 74,167

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