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Crypto Millionaire Board Game launching soon on Kickstarter

We always like to hear about cool things crypto related, and we recently got contacted by Jason Burwood, the creater of a brand new crypto board game which will be launching on Kickstarter soon. Board Games and crypto don’t normally go hand-in-hand, but as there’s a ton of people who like both, this sounds like an interesting project and we’d like to share it with our readers. It seems like a cool idea, and if you enter your email address on the site linked below, you will find out when the kickstarter is launching and getting a discount on the

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We always like to hear about cool things crypto related, and we recently got contacted by Jason Burwood, the creater of a brand new crypto board game which will be launching on Kickstarter soon.

Board Games and crypto don’t normally go hand-in-hand, but as there’s a ton of people who like both, this sounds like an interesting project and we’d like to share it with our readers. It seems like a cool idea, and if you enter your email address on the site linked below, you will find out when the kickstarter is launching and getting a discount on the price. It might be an ideal birthday or Christmas present for the crypto fan in your life!

Press release is below.

Crypto Millionaire Board Game to launch on Kickstarter

The board game Crypto Millionaire was originally conceived back in Feb 2018 by myself, Jason Burwood and is now ready to go into production.

The game was born out of merging two of my passions: creating tabletop games and the world of crypto.  

I’ve only been following the crypto scene since 2017, but like so many others, I’d love to see cryptocurrency and the blockchain deliver all the benefits it has to offer to the world. Part of that journey requires greater adoption and education and I’ve designed the game to help with both of those.

It’s been so much fun to marry the brand-new technology of blockchain with a familiar style of play tabletop game. So far, whenever I’ve created a game, I’ve done my best to make it really versatile, a game that can be enjoyed by kids and adults. I guess that probably comes from my desire to connect and enjoy playing these games with my own kids. I also love that it’s a fairly level playing field for all ages to play and win, as my seven-year-old daughter will testify to on more than one occasion!

Another fantastic benefit of the game that lends itself to helping with crypto adoption, is that it works extremely well as a tool for crypto enthusiasts to share their own passion for cryptocurrency with friends and family in a light hearted easy going way. As the game grows in popularity, I’d be really interested in looking at the idea of helping to facilitate ‘play & chat crypto’ groups as a fun way to meet up, play the game and talk crypto!

The game has been thoroughly play tested with friends, family and crypto meet-up groups and has had amazing feedback, this feedback has invaluable for making tweaks to the game along with my own sparks of imagination that can add a new element of play or a twist in the game to make it more fun or engaging, as an example, I’ve just upgraded to 12 sided dice to spice things up a bit! I have no doubt it will continue to evolve over time

In my role as lead creator and CEO at Satori Games Ltd, I have travelled to China on several occasions, building relationships with manufacturers, getting prototypes made and other key aspects like meeting freight forwarders to ensure all goes smoothly with the upcoming Kickstarter launch. Initially, the game was created with pseudo projects in the game and then in moment of inspiration, I decided to include real companies and organisations. Having real life blockchain projects in the game makes a huge difference to the education level and relevancy of the game, Included in the game is an introduction into each of the projects. For the launch edition, the 16 featured projects are: Bitcoin, nem, Ravencoin, Ternio, Nano, Aeron, BADcoin, eBoost, Rapids, Webdollar, SkyCoin, PAC Global, Selfkey, The Divi Project, DragonChain & Neblio.

After 25,000 copies of the board game have been sold, I will be introducing a new group of projects to be featured in the game, in fact the list for the next edition has already started!

We’ve been building up and preparing for the upcoming Kickstarter launch for well over a year and are just adding the final details for the launch. We have been working really hard to deliver a truly fantastic game that you’d want to play over and over and looks good too, if fact we’ve just taken the opportunity to give the game a complete graphics makeover at the same time as adding the new projects to the board and we’re just super exited to get this game out now.

We’ve timed the launch with the intention of delivering the games for Christmas, it’s going to be pretty tight and we can’t make absolute promises, but we’ll do everything in our power to get the games to people in time for Christmas, especially as it’s one of the most popular times to play tabletop games and also I expect a number of them could be gifts.

For those interested in getting a copy of the game, I’ve arranged a VIP Club that will get access to the secret first day of launch. Only VIP members will be notified of the launch day. The general public will be notified on day 2 for its 25-day Kickstarter campaign. Follow the link below to join the VIP list…

https://cryptomillionaire.lpages.co/crypto-millionaire/

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Source: https://bitcoinsinireland.com/crypto-millionaire-board-game-launching-soon-on-kickstarter/

Blockchain

Members of WallStreetBets Forum Alleged in Telegram Crypto Scam Stealing $2M in BNB and ETH

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Members of the popular WallStreetBets Reddit forum were suspected of a presumable cryptocurrency fraud that could have caused losses of no less than $2 million. By creating a designated Telegram group, they duped investors by guaranteeing remarkable returns through capitalizing on the recent crypto market rally.

The Core of the Hoax

Per a report by Bloomberg, alleged members of the WallStreetBets Reddit Forum used the Telegram messaging service to execute a blatant scam. A particular account by the name of ”WallStreetBets – Crypto Pumps” presented users the chance to purchase a new token certified as WSB Finance before it was listed on crypto exchanges. The operation is known as a pre-mine sale.

The essence of the fraud was connected to the recent cryptocurrency boom as bitcoin and most altcoins skyrocketed in value lately. With some of the digital assets reaching 1,000% gains, the targeted WSB members conned investors into sending money without asking questions and with the potential of netting huge profits.

The notorious account also urged users to transfer popular cryptocurrencies such as Binance Coin (BNB) and Ethereum (ETH) to a designated crypto wallet and then to reach its ”token bot” to gain WSB Finance coins.

However, the perpetrators never dispatched those coins. Furthermore, another message on Telegram revealed that the people who had already issued a payment had to send an equivalent amount again or they would risk losing their initial investment.


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The Aftermath

After executing the hoax, more than 3,451 Binance Coins were withdrawn on Tuesday (May, 4th) from the wallet inside the Crypto Pumps messages.

Since the price of BNB at that point was approximately $625, the fraud caused losses of more than $2.1 million. Following the scam, thousands of people expressed their frustration and tried to expose the individuals behind the account. Moreover, the quantity of the other cryptocurrency – ether – still remains a mystery.

Two weeks ago WSB admins warned about offers that might try to take advantage of the forum’s name in order to allure the crypto audience. The ”WallStreetBets – Crypto Pumps” account has been removed from Telegram but whoever managed it left a message that might stun the affected victims:

”Buying Lambo now.”

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Source: https://cryptopotato.com/members-of-wallstreetbets-forum-alleged-in-telegram-crypto-scam-stealing-2m-in-bnb-and-eth/

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Blockchain

South Korean Crypto Exchange Accused Of $1.5 Billion Scam

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The South Korean cryptocurrency exchange platform V Global was accused of luring 40,000 people into illicit multi-level deceit. The entire scheme amounts to more than 1.7 million won, which equals $1.5 billion.

The Investigation

As reported by the Korean officials, the police raided many places in the country related to a virtual cryptocurrency exchange, and its notorious CEO – known as LEE – alleged to fundraising without regulatory permission. The authorities blocked the exchange’s cash deposits as a part of the investigation.

In total, the Gyeonggy Nambu Police Agency reported that it searched the exchange’s headquarters in southern Seoul along with 21 other places and froze more than $214 million left in the account.

Another report from today shed more light on the developments. According to Yonhap News, the name of the organization is V Global. The Korean police are examining the accusations against them for fraud under the Certain Economic Crimes Weighted Penalty Act, the Similar Receiving Act, and the door-to-door sales business.

The main accusation against the exchange is gaining a deposit of 1.7 trillion won ($1.5 billion) from 40,000 members in the period between August 2020 and January 2021. The announcement revealed that most of the people were elderly or housewives with no experience in cryptocurrency trading.


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Too Good To Be True

The investigation revealed that the exchange urged investors to entrust their funds to an account and lured the members that the expected return would be three times higher than the initial investment. According to the authorities, there was a pyramid element in the scam as the exchange promised to grant an introduction fee of 1.2 million won ($1,065) for every newly recruited member.

The report affirmed that the trading venue paid some members in the form of a block. Therefore, people who signed up earlier received funds from individuals who entered the exchange later.

Moreover, the Korean police seem confident to deal with the fraud case as it revealed its intention to confiscate 240 billion won ($214 million) left in the V Global account as of the 15th last month, even before the prosecution process.

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Source: https://cryptopotato.com/south-korean-crypto-exchange-accused-of-1-5-billion-scam/

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Blockchain

Georgia’s central bank is exploring ‘Digital Gel’ CBDC

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The National Bank of Georgia said that it is considering launching a central bank digital currency.

In an announcement today, the central bank hinted at the issuance of a central bank digital currency, or CBDC, in an effort “to enhance efficiencies of the domestic payment system and financial inclusion.” The National Bank of Georgia, or NBG, said it would be inviting fintech firms and other financial institutions to participate in the project, named Digital Gel after the symbol for the country’s fiat currency, the lari.

“CBDC holds the promise to unlock the tremendous value of innovative business models for the benefit of society,” said the announcement. “The introduction of CBDC could increase financial intermediation efficiency, help introduce new financial technologies, facilitate financial inclusion, and reach previously unbanked populations.”

However, the bank mentioned the possibility of risks in the launch of a CBDC in the Republic of Georgia given the “new and potentially disruptive technology.” The NBG said it may conduct extensive testing of the CBDC in a controlled environment to ensure a smooth rollout, but did not provide any details regarding a timeline for launch.

With a population of roughly 4 million and a gross domestic product of approximately $15 billion, a nation like Georgia falls at the smaller end of countries exploring CBDCs. The Bahamas officially rolled out its Sand Dollar central bank digital currency in October, while China has been piloting its digital yuan in select cities prior to a full-scale launch. In the United States, Fortune 500 company Accenture announced this week it would be partnering with the Digital Dollar Foundation to conduct CBDC trials.

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Source: https://cointelegraph.com/news/georgia-s-central-bank-is-exploring-digital-gel-cbdc

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