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Bitcoin ATM scams are soaring - and older adults are increasingly the victims. Data from the Federal Trade Commission shows the amount of money consumers have reported losing to scams involving Bitcoin ATMS rose nearly tenfold since 2020, topping $110 million in 2023.

Last week, Hedera and Blockchain Foundation convened the next stop in the regional Web3 Education Briefing Series in Southern California, which featured Congresswoman Young Kim (CA-40). Read press release.

U.S. crypto executives to throw Washington fundraiser for Harris. The organizers include Cleve Mesidor, Tiffany Smith, co-chair of the Blockchain & Cryptocurrency Working Group at law firm WilmerHale and Rahilla Zafar, a crypto founder who has also worked in artificial intelligence. Read Reuters article here

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butterscotch is a digital news studio broadcasting stories about Black, Latino, Indigenous DeFi retail investors, Web3 consumers, founders, executives, officials. The virtual newsroom - featuring eNews, Podcast, Live Events – seeks to deepen mainstream understanding of diverse segments of the emerging $2 trillion crypto industry.

Cleve Mesidor, CEO & Managing Editor

Ashlynn Mesidor, CTO & Co-Founder