Scammers pretending to be Elon Musk and barrage of ‘get-rich-quick’ schemes lead to an explosion in cryptocurrency investment fraud By Daily Mail City & Finance Reporter Published: 00:01 BST, 28 June 2021 | Updated: 00:01 BST, 28 June 2021 Scammers pretending to be Elon Musk and a barrage of ‘get-rich-quick’ schemes have led to an … Read more
Banking app Revolut saw losses almost double in 2020 despite cashing in on the cryptocurrency boom, as it continued to expand rapidly around the world and saw staff costs jump. The fintech company chaired by the former boss of Standard Life Aberdeen, Martin Gilbert, said it made a £39million gain on its cryptocurrency investments last year. … Read more
HSBC boss Noel Quinn (pictuerd) said the lender will not offer Bitcoin to clients, blaming its volatility and lack of transparency. The stance is in contrast to rivals such as Goldman Sachs.
Holly Willoughby ‘being used as the face of cryptocurrency scam as bogus websites boast fake quotes from the This Morning star The 40-year-old’s image has reportedly been used as part of a cryptocurrency scam, with bogus websites also featuring fake quotes from the presenter She’s said to have been spotted on two fraudulent websites which … Read more
Former Bachelorette star Bill Goldsmith loses $100,000 in cryptocurrency after Elon Musk crashed the market… just a week after telling his fans to ‘invest in Bitcoin’ By Mary Mrad For Daily Mail Australia Published: 00:10 BST, 20 May 2021 | Updated: 00:17 BST, 20 May 2021 Former Bachelorette star Bill Goldsmith has lost $100,000 in cryptocurrency, … Read more
Bitcoin has tumbled below the $40,000 mark for the first time in more than three months after China banned financial and payment institutions from providing cryptocurrency services. The cryptocurrency has tumbled more than 50 percent from a record high of $64,895 hit on April 14, and erased all of its gains since February 8, when … Read more
Bitcoin has tumbled below the $40,000 mark for the first time in more than three months after China banned financial and payment institutions from providing cryptocurrency services. The cryptocurrency has tumbled more than 50 percent from a record high of $64,895 hit on April 14, and erased all of its gains since February 8, when … Read more
A co-creator of Dogecoin branded Elon Musk a ‘self-absorbed grifter’ after the Tesla CEO caused the meme-inspired cryptocurrency’s value to plummet by calling it a ‘hustle’ on Saturday Night Live. Australian entrepreneur Jackson Palmer, who created Dogecoin with American Billy Markus in 2013, took aim at Musk in a string of since-deleted tweets on Thursday, … Read more
A property firm is now allowing tenants to pay their rent using cryptocurrencies such as Bitcoin and Ethereum. Lettings management platform Mashroom will allow tenants to pay via cryptocurrency, and then convert it to pounds sterling before it is sent on to their landlord. Mashroom claims it is ‘moving with the times,’ and says the … Read more
Two New York brothers whose wedding video company was nearly destroyed by the pandemic became millionaires after investing $7,900 in a cryptocurrency originally set up as a joke. The siblings – who wished only to be known as Tommy, 38, and James, 42, told CNN, they began dabbling in cryptocurrency in December 2020 after a friend … Read more