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[Link] ‘The Guilt Is Unbearable’: UST-Luna Investors Discuss the 99.99% Crypto Crash
Read: 14/5/2022 www.vice.com
The cryptocurrency market is in the middle of a widespread crash, causing investors serious financial pain with no clear way out.
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[Link] Starbucks CEO Announces NFTs to Workers Amid Union Drive
Read: 5/4/2022 www.vice.com
In a town hall meeting on Monday aimed at Starbucks workers amid a massive union drive, failed presidential candidate and Starbucks CEO Howard Schultz revealed a development that he hoped would excite workers: crypto.
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[Link] New Music Industry Takedown Service Targets NFT and ‘Metaverse’ Piracy
Read: 13/3/2022 torrentfreak.com
Italian anti-piracy group Digital Content Protection has launched a new service that helps rightsholders to police NFT platforms, Web 3.0 projects, and metaverse precursors.
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[Link] Racist 'Meta Slave' NFT Project Rebrands After Being Called Racist
Read: 5/2/2022 www.vice.com
Over the past year, as the NFT space has begun to explode we’ve begun to see a growing number of racist collections—most notably NFTs depicting George Floyd called “Floydies.
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[Link] Site Sells Famous Songs as NFTs Without Permission, Sparks Global Outrage
Read: 2/2/2022 www.vice.com
Seemingly, anyone could register on HitPiece to sell a piece of music as an NFT, even on an artist’s behalf. “Each time an artist’s NFT is purchased or sold, a royalty from each transaction is accounted to the rights holders account,” HitPiece’s website stated.
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[Link] This NFT on OpenSea Will Steal Your IP Address
Read: 27/1/2022 www.vice.com
NFTs are usually passive affairs. A consumer buys the token, and then sells or stores the NFT. The NFT doesn’t really do anything.
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[Link] Crypto Protocol Publicly Announces Flaw, Users Relentlessly Owned by Hackers
Read: 20/1/2022 www.vice.com
Earlier this week, a platform that allows users to swap tokens between blockchains publicly announced that there was a flaw that made accounts vulnerable to hackers. The announcement, predictably, prompted several hackers to rush and try to exploit the vulnerability. One of them stole more than $1.
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[Link] A Hacker Is Negotiating With Victims on the Blockchain After $1.4M Heist
Read: 19/1/2022 www.vice.com
Hackers took advantage of a vulnerability in a blockchain service to steal around $1.4 million from users earlier this week.
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[Link] RBA governor Philip Lowe signals central bank is open to retail digital currencies
Read: 9/12/2021 www.theguardian.com
Australia’s Reserve Bank has flagged support for a retail form of digital currency, with governor Philip Lowe outlining ways that tokens, rather than regular dollars, might circulate more freely in the economy.
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[Link] Hacked Cryptocurrency Platform Begs Hacker to Please Return $119 Million
Read: 6/12/2021 www.vice.com
The hack on BadgerDAO took advantage of an old-school web-based attack: the hacker was able to steal an API key that gave them control of BadgerDAO’s account on Cloudflare, the project’s content delivery network for its site.
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[Link] Tolkien estate vanquishes Lord of the Rings themed cryptocurrency
Read: 25/11/2021 arstechnica.com
The estate of JRR Tolkien, the author of the Lord of the Rings, has successfully vanquished a cryptocurrency that styled itself as “The One Token That Rules Them All.
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[Link] Australian cryptocurrency investors can’t be trusted to keep transaction records themselves, the ATO says
Read: 24/11/2021 www.businessinsider.com.au
As first-time investors continue their rush on cryptocurrencies, the Australian Taxation Office (ATO) says it can no longer rely on taxpayers to navigate the complex world of income tax, capital gains, and blockchain record keeping on their own.
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[Link] ConstitutionDAO Is Shutting Down After Unrelenting Chaos
Read: 23/11/2021 www.vice.com
ConstitutionDAO, the failed attempt to buy a copy of the U.S. Constitution at auction after raising more than $40 million in crypto from thousands of strangers, is shutting down after more than a week of protracted catastrophe.
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[Link] Swedish Officials Call For EU-Wide Ban On ‘Proof of Work’ Crypto Mining
Read: 16/11/2021 www.vice.com
The call came in a letter published last week signed by the directors of Sweden’s Financial Supervisory Authority and Environmental Protection Agency, which promotes “stability and efficiency” in the country’s financial system.
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[Link] ‘Squid Game’ Memecoin Soared to Record $2,800. Then It Fell to Zero.
Read: 2/11/2021 www.vice.com
The SQUID token peaked at a price of $2,861 on Monday, more than 300 times what it was worth when it began trading just a week ago, according to data from CoinMarketCap.
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[Link] Unbelievable: 'Monkey Jizz' Cryptocurrency Turns Out to Be a Scam
Read: 2/11/2021 www.vice.com
Investors in a cryptocurrency called Monkey Jizz are posting on social media that they’ve been scammed by the project’s developer after a token sale.
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[Link] An $8K Shiba Inu Investment Turned Into $5.7 Billion. But Can They Cash Out?
Read: 29/10/2021 www.vice.com
In the fast-moving world of cryptocurrencies, kingdoms can rise and crumble in the space of months or days. It’s in that spirit that Shiba Inu (SHIB), a Dogecoin-inspired token, surged past its original inspiration by market cap this week, which is the total value of all tokens in circulation.
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[Link] Cryptocurrency Loan Platform Implodes In $130 Million Hack
Read: 28/10/2021 www.vice.com
On Wednesday, crypto lending service C.R.E.A.M. Finance was the target of a hack that stole over $130 million. It’s not only one of the largest heists ever targeting a so-called “decentralized finance” (DeFi) platform, but also the third such hack targeting C.R.E.A.M.
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[Link] Elaborate ‘CryptoEats’ Food Delivery Scam Steals $500,000 in Minutes
Read: 19/10/2021 www.vice.com
For the last week, a handful of UK-based celebrities have been talking about a new startup, called “CryptoEats,” that would compete against UberEats by allowing customers to pay for food delivery in cryptocurrency.
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