Australian regulator claims 58% of crypto ads on Facebook are scams <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvNDQzZWZlM2ItZjdjYS00ZjkyLTkwMWMtMzRjYmVmOWM4YTIzLmpwZw==.jpg">Australia’s competition watchdog cited preliminary research that found more than half of the crypto ads on the platform breach Meta’s policies or involve scams.

Cointelegraph

Australian regulator claims 58% of crypto ads on Facebook are scams

As part of an ongoing court case against Meta, Australia

Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvZjBlOGYwODktN2Q0OC00YjlmLWI2YzQtNDIzYjNiOTZmNWUyLmpwZw==.jpg">Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency.

Cointelegraph

Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC

Marathon Digital has increased its Bitcoin reserve to over 25,000 BTC by buying an additional $249 million worth of the crypto after raising cash i...