Crypto News, December 17: Will investors buy Football Club?

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Additionally, it appears Salvadoran voters weren’t too impressed with the Bitcoin law, but it didn’t affect Nayib Bukele’s approval rating.

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WAGMI United eyeing English football club ⚽️

A group of American investors have revealed that they plan to buy an English football team using the cryptocurrency – and it’s fair to say that many fans are not impressed. WAGMI United are reportedly targeting Bradford City AFC, a Ligue 2 team in the north of the country. The group plans to embrace NFTs as a source of income and spend more than their opponents so the club can get into top football. But fans and journalists alike are against the idea, and it looks like WAGMI United hasn’t done much research.

Melania Trump’s NFTs cause a backlash 😬

Melania Trump suffered a backlash after announcing she was launching her own line of non-fungible tokens. The former first lady launches NFTs on the Solana blockchain and says the collection “embodies her passion for the arts”. Her first NFT is known as “Melania’s Vision” – a watercolor work of art that features her “cobalt blue eyes, offering the collector an amulet to inspire”. But in an unusual move, Solana Labs distanced itself from the decline.

Has Bitcoin hit Bukele survey numbers? ??

Salvadoran President Nayib Bukele gets an 85.1% approval rating, according to a poll published in a national newspaper. Research from La Prensa Grafica indicates that only 11.7% of adults disapprove of his work so far, while the remaining 3.2% are unsure. The newspaper went on to say that voters seemed to view the introduction of Bitcoin as legal tender as one of Bukele’s failures – “but it doesn’t weigh on the president or at least it doesn’t weigh as much as his accomplishments.

$ 7.7 billion lost to crypto scams in 2021 🚨

It has been another successful year for crypto scams, according to new figures released by Chainalysis. More than $ 7.7 billion in cryptocurrencies were taken from victims in 2021, an increase of 81% from the previous year. The push has been fueled by an increase in so-called “carpet draws” – mainly in the world of decentralized finance – where the founders of a project “unexpectedly abandon it, taking user funds with them” .

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