Church Pastor Pockets Millions through Crypto Scheme Fraud, Claims God “Told Him to Do It

A Colorado pastor accused of conning his own congregation out of millions of dollars by promoting a useless crypto coin claims that God Himself told him to do it.

Eli Regalado and his wife Kaitlyn are being investigated for fraud after allegedly launching and peddling a useless cryptocurrency as a a low-risk, high-profit investment pegged to the average value of the top 100 cryptocurrencies. In reality, INDXcoin was “illiquid and practically worthless,” according to the Colorado Division of Securities, and only available through the Regalados’ proprietary crypto exchange, called Kingdom Wealth Exchange, which the pastor shut down last year, making the coin virtually useless. Now Regalado claims that the whole thing was God’s idea, although he admits that he may have “misunderstood” his message.

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Crypto Company to Send Key to 62 Bitcoin to the Moon as Lunar Treasure Hunt

Prominent cryptocurrency company LunarCrush recently announced plans to have the private key to a crypto wallet containing 62 Bitcoins etched onto a lunar rover bound for the moon on a SpaceX rocket.

California-based social intelligence company LunarCrush has partnered with planetary mobility firm Lunar Outpost to set up the first lunar treasure hunt in human history. Two years ago, Lunar Outpost unveiled the digital concept for MAPP, a new generation moon rover, and the company apparently has plans to launch the exploration vehicle to the moon on a SpaceX rocket in the fall of 2023. This allegedly innovative lunar vehicle also doubles as a treasure chest. LunarCrush announced that it will have the private key to a crypto wallet containing 62 Bitcoin (currently worth around $1.5) etched onto the body of the rover for the first humans on the moon to find.

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Programmer Loses Password to Wallet Containing $220 Million in Bitcoin

A computer programmer who years ago wrote down the password to a cryptocurrency wallet on a piece of paper, has since lost the said paper, and with it access to around $220 million in Bitcoin.

Can you imagine having over $200 million and no way to ever access it? That’s exactly the story of San Francisco-based programmer Stefan Thomas, who has been trying to remember the password of his IronKey, a special hard-drive that contains the private keys to a digital wallet with 7,002 Bitcoin. He received the digital currency 10 years ago, while living in Switzerland, from an early Bitcoin adopter, as payment for an animated video he made, titled “What is Bitcoin?”. He lost the password to his IronKey that same year, but since a Bitcoin was only worth around $5 back then, it didn’t bother him that much. Things have changed a bit since then, though…

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CoronaCoin, a Cryptocurrency That Goes Up in Value the Worst the Covid-19 Epidemic Gets

A group of developers have created a controversial cryptocurrency that tracks the spread of the Covid-19 virus and goes up in value as the number of infections goes up and more fatalities are registered as a result.

CoronaCoin (NCOV), a new token built on the Etherium blockchain, was created by a team of programmers and activists on 4Chan, the controversial online forum that gave the world the hacker collective Anonymous, among other things. The original supply of CoronaCoin was based on the total human population at the time of the token’s inception, 7,604,953,650, but every 48 hours the token is burned to reduce supply according to the official number of coronavirus infections and fatalities. The more people succumb to the virus, the more supply gets burned and the more valuable the remaining tokens become.

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Scorned Investors Want to Exhume Dead CEO Who Took Password to Millions in Bitcoin to the Grave

The unexpected death of 30-year-old Gerald Cotten, CEO of Canadian cryptocurrency exchange QuadrigaCX, sent shock waves through the whole crypto currency last year, especially as he took the password to about $163 million USD in bitcoin to the grave with him. But now investors want his body exhumed to confirm Cotten’s identity and cause of death.

In January of 2019, QuadrigaCX announced that its 30-year-old founder and CEO had died about a month earlier, due to “complications with Crohn’s disease” and that he had taken the password to at least 180 million Canadian dollars ($137 million) in cryptocurrency with him. Following the shocking revelation, QuadrigaCX was forced to close and applied for creditor protection with the Nova Scotia Supreme Court, while roughly 76,000 people were struggling to come to terms with the loss of their cryptocurrency. Some still haven’t been able to do that, as evidenced by their recent request to have Cotten’s body exhumed and his cause of death confirmed.

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Company Buries $50,000-Worth of Cryptocurrncy on Mount Everest, Challenges People to Go Find It

Popular Q&A online platform AskFM recently launched its own cryptocurrency, ASKT, and decided to celebrate by hosting an original giveaway. Instead of simply giving away some tokens to randomly selected winners, they buried a crypto-wallet with 500,000 tokens in it on Mount Everest and challenged anyone brave enough to go find it.

The Dublin-based start-up is similar to Quora or Yahoo Answers, and is currently the world’s largest questions and answers platform in the world. But as part of its rebranding as AskFM 2.0, the company also launched it’s own cryptocurrency token, which it plans to use to reward users for quality content. In an effort to raise awareness about its new crypto, called ASKT, AskFM came up with a controversial publicity stunt that involves challenging brave people to climb Mount Everest and look for a cryptocurrency ledger with $50,000 in tokens buried somewhere on the summit. It’s ‘finders, keepers’.

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French Artist Makes Money by Incorporating QR Codes into His Murals

A French street artist has found a way to bring Bitcoin to the art world. By incorporating QR codes in his murals, he is able to receive donations directly from passers-by who appreciate his artworks.

Pascal ‘PBOY’ Boyart started adding Bitcoin QR codes to his street murals in November 2017, and he has so far received over $1,000 in cryptocurrency donations from people who just wanted to show their appreciation and support for his art. The donation system is extremely simple and fast – anyone with a smartphone and a Bitcoin wallet can just scan the QR code in the mural and transfer funds directly to the artist. Boyart isn’t sure if he is the first artist to use this system, but he definitely sees others relying on decentralised currencies going forward, as it cuts the middlemen – art galleries or crowdfunding platforms – allowing artists to directly connect to their audience.

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Innovative Heater Pays for Itself by Mining Cryptocurrency While Generating Warmth

The Quarnot QC-1 is advertised as the world’s first crypto-heater, allowing consumers to mine cryptocurrencies and utilize the heat generated by two on-board graphics cards for heating their homes.

Heat generation is one of the biggest challenges cryptocurrency miners have to deal with. Large crypto farms have to invest in expensive venting and cooling solutions to make sure that all the heat produced by their mining rigs dissipates properly, but usually all that heat is just wasted. Now, French company Quarnot Computing claims to have come up with a solution that effectively turns the heat generated by a mining device from an expense into a usable resource.

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Russian Crypto-Currency Fund Offers Psychological Support for Investors

Investing in crypto-currency like Bitcoin is a bit like going on a wild roller-coaster these days, and that can really take a toll on investors’ psyche. To help them better cope with the fear of losing huge sums of money due to devaluation, one Russian crypto-currency fund will start offering investors free psychological support.

Moscow-based Blockchain Fund, one of the largest crypto-currency funds in Russia, recently announced that it has hired a professional psychologist to counsel desperate investors who lost a lot of money after due to Bitcoin sharp drop in value and make sure that they “don’t do anything stupid”. Owner Andrey Karpukhov claims the new service will help depressed investors recover mentally and return to their normal lives.

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Japan Now Has a Cryptocurrency-Themed Idol Group

Cryptocurrency is still somewhat of a fringe phenomenon, and despite growing immensely in popularity over the past few years, it hasn’t taken off en masse yet. In Japan, a group of young women has set out to change that. Eight teenage girls have been chosen by the Japanese talent agency Cinderella Academy to join the new all-female idol group called “Virtual Currency Girls.” The company chose each member from an already established “zodiac constellation” idol group formed by the same agency.

Each member of the group represents a popular cryptocurrency in the Japanese market. 18-year-old Naruse Rara, the leader of the group, has the alter ego Bitcoin Cash (BCH). 16-year-old Hinano Shirahama represents Bitcoin (BTC), 22-year-old Suzuka Minami is neo (NEQ), 17-year-olds Kanako Matsuzawa and Koharu Kamikawa represent cardano (ADA) and nem (XEM) respectively, and 15-year-old Hinata Kozuki is ripple (XRP). Ami Amo and Momo Aisu, represent Ether (ETH) and monacoin (MONA) respectively.

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Financial Dominatrix Makes Over $1 Million by Having Men Mine Cryptocurrency for Her

Cryptocurrency is all the rage right now, but while most people wish they that they had invested in Bitcoin and other altcoins in the early days, dozens of men are mining crypto and simply giving it away to a woman they’ve never met.

Theodora is a financial dominatrix, which basically means she receives money and other “tributes” from male clients who experience pleasure by being financially exploited. These tributes can range from a few dollars to tens of thousands. Some clients go so far as to give her complete control over their bank accounts, a.k.a becoming human ATMs. Theodora claims that she also runs crypto slave farms in which clients use their own cryptocurrency mining rigs to mine cryptocurrency 24/7 and then hand it over to her.

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CryptoKitties – People Are Buying and Selling Digital Cats for Tens of Thousands of Dollars

Everybody is talking about cryptocurrencies these days, but very few actually understand the concept and the technology that underpins digital money. The latest craze in this space is a game called CryptoKitties which has players spending insane amounts of money on…well, virtual cats. According to some estimates, more than 6,000 people are trading in electronic cats, with the total transaction volume exceeding $7 million as of last week. And these are figures for a game that debuted as recently as November 28!

CryptoKitties is the creation of Axiom Zen and runs on the Ethereum platform. Ethereum, the second-most popular cryptocurrency after Bitcoin, is having a bit of an infrastructure problem because the kitty mania is putting a severe strain on its network. The rabid interest in CryptoKitties has led to a spike in traffic, accounting for more than 11% of the total at present. And some of the cartoon-like felines are changing hands for eye-popping amounts, the record belonging to one that sold for the digital equivalent of over $117,000.

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