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The series<\/a>\u2019 website issued a notice in May warning of a \u201cfraudulent cryptocurrency scheme\u201d using its branding to lure investors.<\/p>\n The House of Streams, a Netflix series licensed for the UK and Ireland, will feature online streamers in competitions to take home one Bitcoin.\u00a0<\/p>\n According to the show\u2019s website, eight contestants with a combined four million followers will app<\/a>ear on the reality TV series, set to premiere on June 18. The series will reportedly have Twitch streamers compete in a series of challenges to win 1 Bitcoin (BTC), worth more than $104,000 at the time of publication.<\/p>\n It\u2019s unclear why the Malta Film Commission, behind the production and filming of the show, chose to focus on a cryptocurrency prize for the contestants, but the creator of the series, Mark Holland, reportedly said<\/a> \u201c\u2026the final reward couldn\u2019t have been a simple cash prize or a trip<\/a> to the Maldives.\u201d The website issued a notice suggesting that some individuals had already used the show\u2019s association with digital assets to issue a fraudulent memecoin.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n