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[Link] Inspiring: ‘Cryptoqueen’ Breaks Barriers, Becomes First Crypto Criminal on FBI’s Most Wanted List
Read: 4/7/2022 www.vice.com
Ignatova, who ran a pyramid-scheme scam in the form of Bulgarian cryptocurrency company OneCoin Ltd., is the first crypto criminal to land the FBI’s Most Wanted List and the eleventh woman to join the list in its 72-year history.
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[Link] The Crypto Crisis Has Been Very Bad for White Nationalists
Read: 17/5/2022 www.vice.com
But now, Bitcoin and just about every cryptocurrency are in full-on crisis mode, after the crypto market lost roughly $1 trillion in value since November. And some folks on far-right online message boards aren’t taking it particularly well.
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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] '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] 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] Someone Sold a $1 Million Clipart Rock NFT For Under a Penny by Mistake
Read: 13/3/2022 www.vice.com
A few days ago, according to blockchain records, an NFT collector accidentally listed their valuable Etherrock for 444 wei instead of 444 ETH (just over $1 million) and someone snapped it up immediately.
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[Link] Ukraine Canceled Crypto Airdrop Because Unethical Investors Wanted ‘Profit’
Read: 13/3/2022 www.vice.com
Soon after Russia invaded Ukraine, crypto donations started to pour in from around the world as people rushed to help the country in its defense against a foreign aggressor.
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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] 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] Brother and sister charged with cryptocurrency fraud in New York
Read: 9/3/2022 www.theguardian.com
US authorities on Tuesday filed criminal charges against a cryptocurrency executive and civil charges against him and his sister, accusing them of defrauding retail investors out of millions of dollars with a digital token known as Ormeus Coin.
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[Link] Ethereum Companies Suddenly Ban Users In Certain Countries
Read: 3/3/2022 www.vice.com
MetaMask is the most popular crypto wallet for Ethereum users, including NFT traders. It is owned by the same parent company as Infura, which is a centralized API that feeds MetaMask data from the Ethereum blockchain.
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[Link] Woman Who Allegedly Laundered $1B in Bitcoin Was Cringe YouTube Rapper
Read: 8/2/2022 www.vice.com
On Tuesday, the U.S. government accused Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31 of laundering around $1 billion in cryptocurrency stolen in the 2016 Bitfinex hack. As it turns out, Morgan did not exactly keep the low profile you would expect of an alleged criminal.
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[Link] CoinDesk CMS Vulnerability Let Hackers Trade on Nonpublic Info
Read: 5/2/2022 www.vice.com
“The issue is now fixed and added safeguards have been put in place. We regret this unintended deviation from our commitment to level playing fields in crypto markets,” Worth added.
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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] More Than 80% of NFTs Created for Free on OpenSea Are Fraud or Spam, Company Says
Read: 30/1/2022 www.vice.com
As the NFT market has exploded, so has the amount of theft and fraud associated with it. Artists are by now familiar with the experience of finding, like in a horror movie, their own art staring back at them in OpenSea's digital gallery, being hawked by an anonymous stranger.
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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] 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] This Guy is Living Your Wildest NFT Dreams, Making $1 Million in Selfie Sales
Read: 19/1/2022 www.vice.com
Almost every day for the past five years, Ghozali took pictures of himself sitting in front of his computer and looking stoic.
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[Link] SpiceDAO Roasted for Spending $3.8 Million on Jodorowsky’s ‘Dune’ Book
Read: 19/1/2022 www.vice.com
In an embarrassing but predictable turn of events, a group of cryptocurrency investors's bid to purchase one of the few remaining copies of Alejandro Jodorowsky's Dune adaptation is shaping up to have been a letdown despite actually winning the auction.
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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] The Head of Facebook's Failed Cryptocurrency Is Leaving the Company
Read: 1/12/2021 www.vice.com
David Marcus, the head of Facebook's cryptocurrency projects, announced on Twitter Tuesday he was leaving by the end of the year.
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[Link] Hardcore Bitcoiners Turn on Ross Ulbricht for Selling an NFT From Prison
Read: 1/12/2021 www.vice.com
Ross Ulbricht, the founder of the online drug marketplace the Silk Road that helped put Bitcoin on the map in its earliest days, is minting an NFT.
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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] India Has Millions of Crypto Investors. A Proposed Ban Has Them Petrified.
Read: 25/11/2021 www.vice.com
In a move that has led to panic selling among local crypto investors, the Indian parliament announced on Nov. 23 that it is deliberating a bill that seeks to “prohibit all private cryptocurrencies in India” to pave the way for a single official digital currency to be issued by the government.
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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] Chaos Reigns as ConstitutionDAO Fails to Buy the Constitution
Read: 19/11/2021 www.vice.com
On Thursday night, an ad-hoc mob of crypto investors tried and failed to purchase a copy of the U.S. Constitution at auction at Sotheby's, according to a post in Discord by Julian Weisser, a core member of ConstitutionDAO and one of the controllers of the wallet containing the auction funds.
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[Link] Someone Made a Pirate Bay for NFTs
Read: 18/11/2021 www.vice.com
It’s the duty of those with right-clicker mentality to save every NFT they see. But right-click saving the thousands of JPEGs of Bored Apes and Lazy Lions out there tiring work.
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[Link] Miramax Is Suing Quentin Tarantino Over 'Pulp Fiction' NFTs
Read: 17/11/2021 www.vice.com
Quentin Tarantino’s plans to sell a collection of Pulp Fiction NFTs may be thwarted by a lawsuit from the film’s studio Miramax.
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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] The US Government Made It Illegal to Buy These NFTs
Read: 10/11/2021 www.vice.com
The U.S. government put 57 cryptocurrency addresses and one exchange on the OFAC sanctions list on Monday for facilitating ransomware and money laundering.
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[Link] Hostage-Style Bitcoin Scam Videos Are Spreading Across Instagram
Read: 9/11/2021 www.vice.com
Hackers are forcing Instagram users to film hostage-style videos instructing their followers to participate in fraudulent get-rich-quick Bitcoin schemes as part of a new kind of scam that is spreading across the Facebook-owned app.
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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] Elon Musk Tweets an Ancient Chinese Poem. Here’s What It Means.
Read: 2/11/2021 www.vice.com
The world’s richest man, with $335 billion in wealth and caught up in Twitter spats, now wants some peace, at least according to an 1,800-year-old Chinese poem he just shared.
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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] Federal police confiscate largest ever haul of ill-gotten cryptocurrency
Read: 31/10/2021 www.smh.com.au
The federal government has netted its largest ever haul of ill-gotten cryptocurrency and will redistribute the $1.2 million to law enforcement and community safety programs.
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[Link] Man Shot Dead In Hail of Gunfire Over Crypto Mining Rigs, Police Say
Read: 28/10/2021 www.vice.com
On October 20, a man opened fire on people attempting to steal his cryptocurrency mining equipment in the Abkhazia region bordering Russia. According to police, the man killed one of his own friends while fending off the attackers and is now in custody.
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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] Bitcoin Miner Facing $5.6M Fine for Starting Rogue Power Plant
Read: 17/10/2021 www.vice.com
It started with a mysterious humming noise that sounded like a wave “but 100 times more annoying,” according to local reports.
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[Link] Ted Cruz Says Bitcoin Mining Can Fix Texas' Crumbling Electric Grid
Read: 13/10/2021 www.vice.com
Texas’ energy grid has problems. Those issues were laid bare this past winter when a storm put the state in a deep freeze, causing blackouts for millions and killing hundreds of people.
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