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Messi joins crypto craze as gets part of PSG fee in fan tokens

MIAMI, Aug 12 (Reuters) - Soccer star Lionel Messi's signing on fee at Paris St Germain includes some of the French club's cryptocurrency fan tokens, in the latest big name endorsement of new digital assets. The Argentine, 34, left Spanish side Barcelona and signed a two-year contract with Qatari-owned Paris St Germain (PSG), with an option for a third year, on Tuesday. Confirming an exclusive Reuters report, PSG said on Thursday the tokens were included in his "welcome package," which media reports have estimated at 25-30 million euros ($29-35 million). The club did not disclose the proportion of tokens in the package, but said the amount was "significant". Fan tokens are a type of cryptocurrency that allow holders to vote on mostly minor decisions related to their clubs. Among clubs to launch tokens this year are English Premier League champions Manchester City and Italy's AC Milan. Messi's former club Barcelona launched one last year. The tokens...

The family that bet everything on bitcoin

  The family that bet everything on bitcoin when it was $900 is now storing it in secret vaults on four different continents Didi Taihuttu, along with his wife and three kids, liquidated all of their assets and bought bitcoin in 2017, back when it was trading at around $900. Now, the Dutch family of five is safeguarding most of their crypto fortune in secret vaults on four different continents.  “I have hidden the hardware wallets across several countries so that I never have to fly very far if I need to access my cold wallet, in order to jump out of the market,” explained Taihuttu, patriarch of the so-called Bitcoin Family.  Taihuttu has two hiding spots in Europe, another two in Asia, one in South America, and a sixth in Australia. We aren’t talking buried treasure – none of the sites are below ground or on a remote island – but the family told CNBC the crypto stashes are hidden in different ways and in a variety of locations, ranging from rental apartments and friend...

Hackers steal $600m in major cryptocurrency heist

  Hackers have stolen some $600m (£433m) in what appears to be one the largest cryptocurrency heists ever. Blockchain site Poly Network said hackers had exploited a vulnerability in its system and taken thousands of digital tokens such as Ether. In a letter posted on Twitter , it urged the thieves to "establish communication and return the hacked assets". In scale, the hack is on par with huge recent breaches at exchanges such as Coincheck and Mt Gox. In its letter Poly Network said: "The amount of money you have hacked is one of the biggest in defi [decentralised finance] history. "Law enforcement in any country will regard this as a major economic crime and you will be pursued. "The money you stole are [sic] from tens of thousands of crypto community members, hence the people." Poly Network said a preliminary investigation found a hacker exploited a "vulnerability between contract calls". It urged various exchanges to block deposits of the co...

Teen crypto trader and investment influencer found shot dead in his Porsche

  Wesley Pessano Santarem was on way for haircut when he was ambushed A teenage cryptocurrency trader was gunned down while behind the wheel of his sports car. Wesley Pessano Santarem died in the shooting as he drove his red Porsche Boxster through the streets of Brazilian city Sao Pedro da Aldeia. The killing of Mr Pessano, who was known for promoting his financial success and lifestyle on social media, took place in front of witnesses in broad daylight. Mr Passano, 19, had reportedly made his fortune in Bitcoin in the past three years. His last post on Instagram, where he had 134,000 followers, was of him posing in front of his car with a handful of cash. And he also ran a YouTube channel with 15,600 subscribers where he gave subscribers investment tips. He had reportedly been on his way to the hairdressers when he was ambushed and attacked. Witnesses told authorities that the killers had been driving a silver Volkswagen when the violence unfolded. Police say that Mr ...

Youtube Superstar KSI 'JJ' Says 'I'm Really Into Crypto

Bitcoin Is the Future Youtube superstar and rapper KSI, also known as JJ, says he is “really into crypto.” Emphasizing that “Bitcoin is the future,” he said a lot of people do not understand that crypto “is a long-haul thing.” KSI Is ‘Really Into Crypto’ Famed rapper and popular Youtuber KSI talked about bitcoin and cryptocurrency in an interview with GQ magazine published Friday. KSI, whose real name is Olajide Olayinka Williams Olatunji, is also known as JJ. He was ranked second by The Sunday Times in its list of the top 100 U.K. influencers in 2019. He is also part of the British Youtube group known as the Sidemen. Responding to a question about the first thing he would do if he were prime minister, KSI said: I’d give everyone £100 worth of bitcoin – like a bitcoin stimulus package for all. I’m really into crypto. I think Bitcoin is the future . “It’s definitely going to be long term, but in ten years’ time, people who invested will be laughing,” he added. KSI proceeded to compare b...

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