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[Link] 'We Are Fucked': Crypto Stablecoin Collapses After $182M Hack
Read: 18/4/2022 www.vice.com
On Sunday, cybersecurity firm PeckShield reported the attack on Beanstalk Farms, saying hackers stole more than $80 million for themselves, but the protocol’s losses appeared to be even higher. The company later said its initial analysis showed the losses amounted to around $182 million.
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[Link] We Filmed at a Bitcoin Conference in 2013. Here's What Those People Are Doing Now
Read: 13/3/2022 www.vice.com
This article is a writeup of the first episode of CRYPTOLAND, Motherboard’s documentary series about how cryptocurrency is affecting culture, politics, the environment, and our shared future. Watch it on Motherboard’s YouTube.
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[Link] Crypto Co-Founder Revealed to Be Infamous Fraudster, Investors Shaken
Read: 30/1/2022 www.vice.com
Investors are shaken after the co-founder of a multi-billion dollar cryptocurrency protocol was accused of being a serial scammer with a record of conviction and deportation, and the co-founder of a fraudulent Canadian exchange that imploded.
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[Link] A Poop Emoji NFT Shows That ‘Web3’ Is Actually Pretty Centralized
Read: 11/1/2022 www.vice.com
Last Friday, he published a blog post that went viral in which he explained some of web3’s early failing points—most notably the fact that some important aspects of this decentralized internet aren't really decentralized at all.
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[Link] Hackers Steal $119M From ‘Web3’ Crypto Project With Old School Attack
Read: 2/12/2021 www.vice.com
Notably, the hack did not involve complicated smart contract exploits. Instead, it was a front-end attack targeting BadgerDAO's web infrastructure, in particular its Cloudflare account, BadgerDAO’s content delivery network.
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[Link] People Are Taking Out Loans Against Their NFTs—And Defaulting
Read: 15/10/2021 www.vice.com
In the ongoing speedrun to turn everything into a non-fungible token, savvy traders and entrepreneurs have recently taken a few steps to squeeze more investment opportunities out of their JPEGs. Case in point: it’s now a thing to take out a loan and offer up an NFT as collateral.
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