Trader loses $1M to Mbappé memecoin scam, Elon Musk defeats Dogecoin lawsuit

Rise’n’Crypto

It was another sideways 24 hours for Bitcoin. BlackRock’s spot Bitcoin ETF saw only its second day of net outflows since it launched on Jan. 10, Salvadoran President Nayib Bukele talked about his disappointment at the level of BTC adoption in El Salvador, and a solo Bitcoin miner bagged an almost $200,000 block reward with just 0.012% of the hashrate. Elsewhere, Telegram CEO Pavel Durov has been charged and released in France, Elon Musk and Tesla have succeeded in having a Dogecoin manipulation lawsuit thrown out, and millions of dollars have been lost to a fake memecoin posted by the hacked account of superstar footballer Kylian Mbappé. It’s a busy Friday, so grab yourself a coffee, and let’s get into it!
Further reading:

• BlackRock’s Bitcoin ETF registers second-ever outflow of $13.5M
• Solo miner wins $200K Bitcoin lottery with just 0.012% of hashrate
• ‘Bitcoin hasn’t had the widespread adoption we hoped for’ — Nayib Bukele
• Telegram CEO Pavel Durov charged and released, barred from leaving France
• Elon Musk, Tesla beat Dogecoin manipulation lawsuit
• Millions lost as Mbappé’s hacked account promotes $460M crypto scam

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