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FBI Warns Crypto Owners Not to Fall for ‘Liquidity Mining Scam’

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The Federal Bureau of Investigation (FBI) has warned crypto investors about a scam using an investment strategy called liquidity mining. “This scam has been responsible for over $70 million in combined victim losses,” said the law enforcement agency. FBI Warns of Crypto Liquidity Mining Scam The Federal Bureau of Investigation (FBI) issued an investor alert Thursday warning crypto owners of a scam targeting them. The law enforcement agency announced: The FBI is issuing this public service announcement to warn American citizens about a cryptocurrency scam using an investment strategy called…

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Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’

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The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to lose in crypto. Philippine Central Bank Governor on Crypto Regulation Felipe Medalla, the governor of the Bangko Sentral ng Pilipinas (BSP), the country’s central bank, shared his policy on cryptocurrency in an interview with Forkast, published Friday. Medalla was asked: “What’s your take on cryptocurrency?” He replied: I don’t want it banned, but I don’t want to…

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Time is not on Democrats’ side

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After 18 months trying to eke out progress from a 50-seat Senate majority, Democrats are running out of time to do all the things their party hopes to accomplish before the midterms. During the dog days of summer, Senate Majority Leader Chuck Schumer aims to finally complete work on languishing microchip and veterans benefits legislation, admit two new countries to NATO and pass a party-line health care bill. All that he hopes to make happen in two weeks’ time, as senators regularly contract Covid and the most senior Democrat, Patrick…

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Tesla Reveals Bitcoin Holdings Worth $222 Million in Latest SEC Filing

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Tesla has revealed that it is still holding bitcoin worth $222 million in market value after selling 75% of its crypto holdings. The company recorded realized gains of $64 million on its recent bitcoin conversion into fiat currency. Tesla Realizes Gains of $64 Million From Bitcoin Sale Tesla Inc. filed its second-quarter report with the U.S. Securities and Exchange Commission (SEC) Monday. The company explained that it converted about 75% of its bitcoin holdings into fiat currency, as Bitcoin.com News reported last week. The BTC conversion added $936 million of…

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Indiana statehouse swarmed by protesters as lawmakers debate new abortion ban

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INDIANAPOLIS — The messiness of American politics post-Roe v. Wade erupted at the Indiana Statehouse on Monday as thousands of abortion rights protesters swarmed into the building and chanted outside the senate’s doors. As the state Senate convened a special session and took hours of testimony on a bill that would ban all abortions except in cases of rape, incest, and life of the mother, they could hear repeated calls of “let them choose” and “vote them out” from outside the chamber doors. Indiana is the first legislature to weigh…

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Chipotle’s ‘Buy the Dip’ Game Plans to Reward Players With $200K in ETH, BTC, SOL, AVAX, and DOGE

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Chipotle Mexican Grill, often referred to as simply Chipotle, has announced a new cryptocurrency game that encourages fans to “Buy the Dip.” The game aims to give away over $200K in crypto rewards and coupons for specific foods priced at a penny. Chipotle Returns With Another Crypto-Infused Contest In April 2021, Bitcoin.com News reported on the American fast-food chain Chipotle (NYSE: CMG) giving away free burritos and bitcoin (BTC) to celebrate National Burrito Day. The giveaway was featured as a game that visitors could play in order to win a…

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Biden Administration Accused of Propaganda and ‘Redefining’ a Recession’s Technical Definition

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After people have accused bureaucrats and government agencies of changing definitions during the last few years, Joe Biden’s administration now claims that a second consecutive quarter of negative gross domestic product (GDP) does not indicate the U.S. is in a recession. This is despite the fact that two negative GDPs have always been considered a recession in the eyes of economists worldwide for years. Furthermore, U.S. treasury secretary Janet Yellen now insists that two declining GDPs is “not the technical definition.” White House Claims Two Consecutive Quarters of Falling GDP…

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Since 2014, Roughly 42% of Failed Crypto Exchanges Have Disappeared Without a Trace for No Apparent Reason

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Just recently, coinjournal.net published a report that shows the number of cryptocurrency exchanges that have failed during the last eight years. Interestingly, the researcher’s data shows that 42% of failed crypto asset trading platforms disappeared without a trace, giving users no explanation as to why the exchange shut down. During the Past 8 Years, Research Shows Only 22% of Failed Crypto Exchanges Have Left Due to Actual Business-Related Reasons A report that covers failed digital currency exchanges indicates that 42% of all the exchanges that have failed since 2014 have…

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Biggest Movers: ATOM Drops for Fourth Straight Session, Hitting 1-Week Low

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Cosmos was trading lower for a fourth consecutive session on Monday, as prices approached a one-week low. Decentraland was also trading close to a one-week low on Monday, as the global cryptocurrency market fell by over 3% as of writing. Cosmos (ATOM) Cosmos (ATOM) declined for a fourth straight session, as the token moved towards a one-week low. Following a high of $10.25 during yesterday’s session, ATOM/USD dropped to an intraday low of $9.27 earlier today. The move comes as ATOM moved closer to its support point of $9.00, less…

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Black Panther game reportedly in development, with EA as its publisher

It sounds like EA is publishing a video game all about Black Panther, one that sees the player becoming a new version of the character. The report comes from Giant Bomb’s Jeff Grubb during his Game Mess Mornings podcast, claiming that the Black Panther game is currently in early development. The internal name for the title is Project Rainier, and…

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