Cryptocurrency

1 Bitcoin snatched on Netflix reality show “River House”

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Netflix will launch a new reality series called “House of Streams” in the UK and Ireland on June 18. Eight famous online streamers will face a single bonus except for ordinary ones. The winner will claim 1 bitcoin instead of cash, worth more than $104,000 at the current interest rate.

Show details and prizes

According to Netflix’s announcement, the series dropped on June 18 and has eight players. They have built a combined audience of about 4 million followers.

Audiences can expect to test the challenges of creativity, teamwork and quick thinking. The best performing Bitcoin reward goes away, and once the show is over, the reward may rise or fall.

Key points of the contestant lineup

The list of participants reportedly included Twitch stars The Black Hokage, Cyborgangel and OutplayedByjade. All of these streamers have personal style and a loyal following. Some are known for their long-term games. Others are based on works of art or reviews. Everyone will be opposite under one roof.

Supported and wider encrypted content

Netflix is ​​no stranger to cryptocurrency themes. The earlier release of The Untrust: Hunting of the Crypto King explored the Quadrigacx crash. The upcoming Altruist series covers Sam Bankman, former FTX CEO of U.S. President Donald Trump, and is along with the story of Caroline Ellison. This new reality project seems to aim to capitalize on existing interest in blockchain and digital assets.

BTC is now trading at $105,807. Chart: TradingView

Security alerts and scam warnings

On May 22, the producer issued a warning: “We support Bitcoin without other members.” They try to get rid of fake tokens and pumped schemes.

In the past, big promotions attracted imitation coins, which would disappear from the beginning. Participants and fans are urged to remain alert and trust only the official channel.

Bitcoin price up in the last 24 hours. Source: Coingecko

Risks for crypto shelf holders in the real world

Security experts say high asset value can make encrypted data a target. In May 2024, French police rescued the father of an entrepreneur who was held in the suburbs after the attacker cut a finger. In another case, a masked man attempted to kidnap the Pierre Noizat family, CEO of the French exchange Paymium.

Later last month, three teenagers from Florida allegedly kidnapped a man at the muzzle in Las Vegas and drove him 70 miles into the desert near White Hill, Arizona. The victim found himself blindfolded and warned not to look back.

When Netflix Book Home, it faces two challenges. First, it must be content with the audience seeking fun and authenticity. Second, it has to drive the very real danger of high value crypto rewards.

Featured images from Unsplash, charts for TradingView

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