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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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