While the crypto market goes up and down in an almost hypnotizing lull, there is one thing everyone is looking forward to - the holiday season. As the end of the year approaches quickly, Christmas and New Year's are knocking on the door. Yet, the uncertainty of the global economic landscape might be putting a stain on the festive season for some this year. With raging inflation (8.8% globally in 2022, according to the International Monetary Fund), and rising prices across the board, the holiday season can become overwhelming. However, ambitious projects like XGo are trying to bring more stability …

Cryptocurrency exchange FTX.US will be giving away free Bitcoin as part of its upcoming advertising campaign at the Feb. 13 Super Bowl LVI. However, the amount of Bitcoin given away has yet to be determined because it will depend on what time the ad runs on the East Coast. For example, if the ad runs at 8:50 PM, the Bahamian-based exchange will give away 8.50 BTC ($374,000 at current prices). But if the ad is aired later in the game — at 11 PM for example — the giveaway will increase to 11 BTC (around $484,000 at the moment). The …

The mayor of Cool Valley, Missouri said he was exploring giving more than $1 million in Bitcoin (BTC) to the city’s 1,500 residents. In a Thursday interview with St. Louis news outlet KSDK, Mayor Jayson Stewart said he wanted to see “every single household in my city receive some level of Bitcoin.” Stewart said the funds would likely come from some “very supportive donors” but did not rule out using money from the government’s pandemic relief response to launch the venture. The mayor did not specify how much Bitcoin the city would be able to distribute to each resident but …

In October 2014, the Massachusetts Institute of Technology launched the MIT Bitcoin Project, an initiative that sought to give away $500,000 worth of Bitcoin (BTC) to its undergraduate students. Students were able to claim $100 worth of BTC in exchange for filling out a survey, equating to roughly 0.3 BTC at the time. The project was spearheaded by students Jeremy Rubin and Dan Elitzer, who raised $500,000 from university alumni and representatives of the Bitcoin community. The project was intended to encourage exploration into digital assets and foster the campus as a global hub for crypto research. With 3,100 students …

The United States Federal Trade Commission has found that crypto scammers’ profits spiked in the last two months, noting a surge in fraudulent impersonators posing as prominent figures associated with digital assets, such as Elon Musk. The findings report that cryptocurrency investment scams rose sharply in October 2020 as the impacts of the coronavirus pandemic and lockdowns deepened, with nearly 7,000 people reporting losses of more than $80 million to digital asset scams over the six months that followed. The FTC’s Consumer Sentinel notes many of the thefts arose from giveaway scams where con artists pose as celebrities or crypto …

Cash App, the Bitcoin-friendly payments application from U.S.-based financial services company Square, has teamed up with Grammy-nominated rapper Megan Thee Stallion on a $1 million Bitcoin (BTC) giveaway. Megan announced the promotional campaign via Twitter on Dec. 17. The post has received more than 60,000 likes and 8,800 retweets at the time of writing. The rapper encouraged her followers to post “#BITCOINMEG” in order to be a part of the giveaway. The post does not make it clear how much BTC each person will receive, saying: “I’m giving $1 MILLION in Bitcoin to as many hotties as I can.” Numerous …

While many children dressed as ghosts, goblins and witches last night may have been disappointed to find an inedible thin piece of cardboard left out in a goodie bag, a lucky few recognized the treat as a Bitcoin prize. According to an tweet Saturday from Brad Mills, the crypto user filled a Halloween candy box with more than just chocolates and sweets — he also added $200 in Bitcoin (BTC) gift cards. Mills posted a video of him adding the two gift cards, each worth roughly 0.007 BTC, following the coin’s rise to $14,000 and filmed the reactions of trick-or-treaters …

The vast majority of China’s $1.5 million digital yuan lottery winners have received and spent their “red envelopes” of digital yuan. As of Sunday, a total of 47,573 out of 50,000 lottery winners in China have received their prizes, Shenzhen authorities officially announced. According to the announcement, the winners conducted a total of 62,788 transactions accounting for 8.8 million yuan ($1.3 million). This amount represents about 88% of the total 10 million yuan ($1.5 million) that was to be distributed in the giveaway pilot in Shenzhen. Some winners have not only spent their “red envelopes” but also topped up their …

The major Chinese city of Shenzhen is launching a pilot program to promote the digital yuan with a public giveaway. In collaboration with the country's central bank, Shenzhen is planning to distribute a total of 10 million digital yuan ($1.5 million) — China’s central bank digital currency, local news agency Sina Finance reports Oct. 9. As reported, the giveaway pilot will be funded by Shenzhen's Luohu District. The giveaway money will be reportedly distributed to 50,000 recipients through a lottery. Shenzhen residents can start applying online to participate in the giveaway on Oct. 9. According to the report, each “gift” …

An anonymous benefactor manipulated social media to get on the news in the Californian city of Bakersfield to encourage the adoption of Bitcoin Cash. According to a Sept. 17 blog post from the Bitcoin Man of Bakersfield’ (BMB) — a self-described “anonymous growth hacker and media manipulator” — he selectively placed 100 Bitcoin Cash (BCH) QR code stickers worth $1,100 total around the streets of the city this week. “Giving away crypto does help people, but the real motivation is to spread awareness in a way that’s fun and interesting,” he told Cointelegraph. To encourage people to continue the treasure …

Bitcoin (BTC) investor Alistair Milne was eventually forced to send Bitcoin instead of a $2,600 gold bar as part of his recent giveaway. Following a giveaway announcement on Sept. 19, Milne has revealed the winner as well as other giveaway details in a thread on Twitter on Oct. 22. Giveaway background As originally envisaged, Milne should have given away a $2,600 Denarium Bitcoin Decennium 2019 as part of the giveaway with the winner expected to be announced on Oct. 19. In the giveaway announcement launch, the entrepreneur specified that in order to be eligible, participants should follow Milne’s Twitter and …

Cointelegraph and The Counterparty Foundation are proud to announce a special giveaway contest where you will have the chance to receive a coupon for US$20 as well as US$10 in XCP! Additionally, participants will also get the chance to join the Counterparty Foundation community, which works to foster the growth and open development of the Counterparty platform. In the community spirit, the contest will involve your active participation. So get involved! Simply follow these steps: 1. Register with the Counterparty Foundation using the following link and join as an Annual Community Supporter for a reduced membership fee of only US$30. …