Crypto News, Dec. 17: Investors to Buy Football Club?
Crypto News

Crypto News, Dec. 17: Investors to Buy Football Club?

2 Minuten
11 months ago

Plus — it seems Salvadoran voters aren't all that impressed with the Bitcoin Law, but it hasn't affected Nayib Bukele's approval rating.

Crypto News, Dec. 17: Investors to Buy Football Club?


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WAGMI United eyes English football club ⚽️

A group of American investors have revealed they're planning to buy an English football team using cryptocurrency — and it's fair to say many fans aren't impressed. WAGMI United are reportedly eyeing Bradford City AFC, a League Two team in the country's north. The group plans to embrace NFTs as a source of revenue and outspend opponents so the club can enter top-flight football. But fans and journalists are against the idea, and it seems WAGMI United haven't done much research.

Melania Trump NFTs spark backlash 😬

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Has Bitcoin hit Bukele's poll numbers? 👀

El Salvador's President Nayib Bukele commands an approval rating of 85.1%, according to a poll in a national newspaper. La Prensa Grafica's research indicates just 11.7% of adults disapprove of his work so far, while the remaining 3.2% aren't sure. The newspaper went on to claim that voters appear to see the introduction of Bitcoin as legal tender as one of Bukele's failures — "but this is not taking its toll on the president or at least it does not weigh as much as his achievements.

$7.7 billion lost to crypto scams in 2021 🚨

It's been another blockbuster year for crypto scams, according to new figures released by Chainalysis. More than $7.7 billion in cryptocurrencies has been taken from victims in 2021 — that's an 81% increase compared with the year before. The surge has been fueled by a rise in so-called "rug pulls" — predominantly found in the world of decentralized finance — where the founders of a project "abandon it unexpectedly, taking users' funds with them."
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