SpiceDAO wins a $3 million auction to buy an extremely rare storyboard book of Dune, only to learn that owning a book doesn't confer them copyright
January 15, 2022
OpenSea announces limits on free NFT minting, then reverses the decision the same day, after revealing that 80% of the items created through the feature were plagiarized, fake collections, or spam
January 27, 2022
After five years in prison for a Ponzi scheme and a lifetime ban from the pharmaceutical industry, Martin Shkreli announces his new venture: a web3 drug discovery platform
July 25, 2022
[DEVELOPING]: NFT holders panic as wallets are drained; some blame a new smart contract from OpenSea, others blame a new platform called X2Y2
February 19, 2022
Another common example of why people don't tend to use crypto to make everyday purchases is the 2010 purchase of two Papa John's pizzas for 10,000 Bitcoin (then around $40—fancy pizzas, I guess). Today those 10,000 BTC would be worth $414 million.
Coinbase CEO tries to weave a compelling story about how their own team came up with a Super Bowl ad that "broke the rules on marketing", is quickly revealed to just be taking credit for the work of an outside ad agency
February 21, 2022
Twitter launches special hexagonal NFT profile pictures, so now you don't even have to check a username for ".eth" to know who to avoid
January 20, 2022
These were some of the paid tweets that were made without disclosure.
Lohan and Lil Yachty got $10,000, Ne-Yo got $12,000, and somehow Jake Paul got $25,000 for retweeting Lil Yachty. If I was Lil Yachty I'd be mad lol
Terrible news for projects like NFT Worlds, which are just a layer on top of Minecraft. Their token price and NFT floor prices have both crashed more than 70% on the news.
Then again, the likelihood of someone successfully holding on to 10,000 BTC since 2010 without losing them to Mt. Gox or any other of the many fiascos is somewhat slim.
One thing that must be emphasized: the Axie Infinity hack occurred on March 23.
Sky Mavis became aware of it this morning, March 29, after a report from a user having trouble withdrawing funds.
The equivalent of $625MM was missing for SIX DAYS before they realized it.
Department of Justice charges the scammers behind the January "Frosties" NFT rug pull with fraud and money laundering shortly before they launch their second project
March 24, 2022