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The US Federal Bureau of Investigation warned the public of fraudulent schemes leveraging cryptocurrency ATMs and Quick Response (QR) codes to facilitate payment. The scammer often requests payment from the victim and provides a QR code associated with the scammer’s crypto wallet for the victim to use during the transaction, and then directs the victim to a physical cryptocurrency ATM to insert their money, purchase crypto, and use the provided QR code to auto-populate the recipient address.
Crypto miner Argo Blockchain estimates that the cost of building and kitting out its proposed 800-megawatt mining facility in Texas could be USD 1.5bn - USD 2bn, according to a regulatory filing.