Eminem in crypto… again 😕

Eminem in crypto… again 😕

Sup crypto heads, it’s another Monday to dig into the hottest crypto news with Coinigy.

As you’d expect, the SEC can’t stay off the news…

But what’s really got everyone buzzing is Eminem’s latest ad deal with Crypto.com

Now, this isn’t the rapper’s first rodeo with cryptocurrency and blockchain. Remember his VMA performance alongside Snoop?

Well, here’s what you’re getting in today’s edition:

  • SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud
  • American rapper Eminem’s crypto ad deal sparks market debate
  • Ethereum (ETH) Crushing Bitcoin (BTC) with 6% Price Spike
  • Jack Dorsey’s Block Finishes Development of Bitcoin Mining Chip

SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs, and firearms.

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American rapper Eminem’s crypto ad deal sparks market debate

American rapper Marshall Mathers, who goes by Eminem, has recently partnered with Crypto.com for their new ad campaign. The commercial shows Eminem walking in a gym and combines the metaphor of the peak industry with phrases related to crypto, such as “proof-of-work.” Besides, a slogan is carved: “Fortune favors the brave.”

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Ethereum (ETH) Crushing Bitcoin (BTC) with 6% Price Spike

The price of Ethereum, the second-largest cryptocurrency, has surged more than 6% over the past 24 hours. ETH is currently trading at $3,320 on major spot exchanges, according to data provided by CoinGecko.

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Jack Dorsey’s Block Finishes Development of Bitcoin Mining Chip

Digital payments company Block Inc., formerly known as Square, has finished the development of its Bitcoin mining chip as Chief Executive Jack Dorsey continues to advocate for a more accessible and decentralized system — an effort he’s championed since 2021.

Read More

Other Highlights Worth Mentioning

Bitcoin ETFs In the US Experience $328M Net Outflow In Volatile Week - Crypto Daily

Arkansas House passes bills restricting crypto mining - Cointelegraph

Shiba Inu at Crossroads as 69 Trillion SHIB Hangs in Balance - UToday

Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market - CoinDesk 

Source: https://insights.coinigy.com/eminem-in-crypto-again/

Source: https://webfulnet.com/

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