The ever eccentric Elon Musk, who is doing his best Trump impersonation in the picture above, is getting hit with a class action lawsuit from an overzealous investor who claims Elon, along with his companies SpaceX and Tesla, engaged in a pyramid scheme-type to shill Dogecoin to the masses. How much is Elon getting hit with? $258 billion!! The plantiff who filed the case in NY, alleges that Musk and his corporations were “unjustly enriched” by $86 billion windfall via various law violations a...

The ever eccentric Elon Musk, who is doing his best Trump impersonation in the picture above, is getting hit with a class action lawsuit from an overzealous investor who claims Elon, along with his companies SpaceX and Tesla, engaged in a pyramid scheme-type to shill Dogecoin to the masses. How much is Elon getting hit with? $258 billion!! The plantiff who filed the case in NY, alleges that Musk and his corporations were “unjustly enriched” by $86 billion windfall via various law violations a...

The legendary Cristiano Ronaldo has teamed up with Binance to create some NFT collections exclusively for Binance. In line with other teams such as Lazio and Porto, Ronaldo will build upon the existing NFT platform on Binance. “My relationship with the fans is very important to me, so the idea of bringing unprecedented experiences and access through this NFT platform is something that I wanted to be a part of,” said Ronaldo. “I know the fans are going to enjoy the collection as much as I do.”...

The legendary Cristiano Ronaldo has teamed up with Binance to create some NFT collections exclusively for Binance. In line with other teams such as Lazio and Porto, Ronaldo will build upon the existing NFT platform on Binance. “My relationship with the fans is very important to me, so the idea of bringing unprecedented experiences and access through this NFT platform is something that I wanted to be a part of,” said Ronaldo. “I know the fans are going to enjoy the collection as much as I do.”...

Terra, of failed blockchain fame, has seen over 48 projects migrate over to the layer-2 protocol Polygon. Polygon Studios CEO Ryan Wyatt has welcomed the migration, stating funding has been pushed through to make it easier for developers to make the move happen. Some of the higher-profile projects to move to Polygon are the Lunaverse (LUV) metaverse platform, the OnePlanet nonfungible token (NFT) marketplace and the Derby Stars play-to-earn (P2E) game. https://twitter.com/Fwiz/status/15455555...

Terra, of failed blockchain fame, has seen over 48 projects migrate over to the layer-2 protocol Polygon. Polygon Studios CEO Ryan Wyatt has welcomed the migration, stating funding has been pushed through to make it easier for developers to make the move happen. Some of the higher-profile projects to move to Polygon are the Lunaverse (LUV) metaverse platform, the OnePlanet nonfungible token (NFT) marketplace and the Derby Stars play-to-earn (P2E) game. https://twitter.com/Fwiz/status/15455555...

Embattled crypto lending outfit Celsius, whom paused withdrawals and deposits last month, has been working hard to pay down debts with other institutions in order to unlock a trove of Bitcoin that was used as collateral, possibly paving the way to resume withdrawals for their very angry users. One of the more substantial payoffs recently was to Maker for $183m worth in debt, which resulted in unlocking $40m in Wrapped Bitcoin. However, they still have a 41 million DAI debt note, which will un...

Embattled crypto lending outfit Celsius, whom paused withdrawals and deposits last month, has been working hard to pay down debts with other institutions in order to unlock a trove of Bitcoin that was used as collateral, possibly paving the way to resume withdrawals for their very angry users. One of the more substantial payoffs recently was to Maker for $183m worth in debt, which resulted in unlocking $40m in Wrapped Bitcoin. However, they still have a 41 million DAI debt note, which will un...

...Well that is if you aren't too careful. Apparently, there are YouTube mining education videos that has been tricking viewers into installing malware from posted links that’s designed to steal data from 30 crypto wallets and crypto-browser extensions. It is named PennyWise, a la Stephen King's character in "It". Data stolen includes cryptocurrency extension data and login data. It can also take screenshots and steal sessions of chat applications such as Discord and Telegram. Some ...

...Well that is if you aren't too careful. Apparently, there are YouTube mining education videos that has been tricking viewers into installing malware from posted links that’s designed to steal data from 30 crypto wallets and crypto-browser extensions. It is named PennyWise, a la Stephen King's character in "It". Data stolen includes cryptocurrency extension data and login data. It can also take screenshots and steal sessions of chat applications such as Discord and Telegram. Some ...

More than $4.7m was stolen in a fake token phishing scam on Uniswap. At first, it was thought to be an exploit of the Uniswap token until the community dug a bit deeper to uncover it was a sophisticated phishing scam that employed a fake UniswapLP token that was spoofed to look like it was coming from the real Uniswap contract on chain by modifying the "From" field. https://twitter.com/Uniswap/status/1546886731521212416?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1546886731521212416%...

More than $4.7m was stolen in a fake token phishing scam on Uniswap. At first, it was thought to be an exploit of the Uniswap token until the community dug a bit deeper to uncover it was a sophisticated phishing scam that employed a fake UniswapLP token that was spoofed to look like it was coming from the real Uniswap contract on chain by modifying the "From" field. https://twitter.com/Uniswap/status/1546886731521212416?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1546886731521212416%...

Rug-Pull Hall Of Famer Tai Lopez has his sights set on a new "project", and it involves the one and only RadioShack, one of the nerdiest places where your mom actually felt comfortable leaving you alone for an hour while she does her shopping. RadioShack folded in the last few years and it looks like Tai found a Trojan Horse to scam others by buying the brand and using it as a DEX (decentralized exchange). It looks to be just a simple Uniswap copy, with less than 1% of the liquidity Uniswap c...

Rug-Pull Hall Of Famer Tai Lopez has his sights set on a new "project", and it involves the one and only RadioShack, one of the nerdiest places where your mom actually felt comfortable leaving you alone for an hour while she does her shopping. RadioShack folded in the last few years and it looks like Tai found a Trojan Horse to scam others by buying the brand and using it as a DEX (decentralized exchange). It looks to be just a simple Uniswap copy, with less than 1% of the liquidity Uniswap c...

On lighter side of news, TradFi industry middlemen, their investors, and they general anti-crypto population have teamed up to create their first conference to share skepticism and to network with lawmakers. According to crypto critic journalist Amy Castor, the Crypto Policy Symposium promises a platform for the anti-crypto resentful to voice their negativity. Author and symposium organizer Stephen Dieh further explains that this is a way for lawmakers to get a better understanding of the har...

On lighter side of news, TradFi industry middlemen, their investors, and they general anti-crypto population have teamed up to create their first conference to share skepticism and to network with lawmakers. According to crypto critic journalist Amy Castor, the Crypto Policy Symposium promises a platform for the anti-crypto resentful to voice their negativity. Author and symposium organizer Stephen Dieh further explains that this is a way for lawmakers to get a better understanding of the har...

Notorious crypto-hater Peter Schiff had his bank shut down by Puerto Rico regulators recently. This led to Crypto Twitter having a unified laugh at the irony that Schiff’s Bitcoin prediction actually came true for his trusted traditional (centralized) financial system. Puerto Rican regulators froze his accounts for not maintaining the net minimum capital requirements. Everything that has happened here as reignited the premier reason for having a decentralized, autonomous system is to avoid th...

Notorious crypto-hater Peter Schiff had his bank shut down by Puerto Rico regulators recently. This led to Crypto Twitter having a unified laugh at the irony that Schiff’s Bitcoin prediction actually came true for his trusted traditional (centralized) financial system. Puerto Rican regulators froze his accounts for not maintaining the net minimum capital requirements. Everything that has happened here as reignited the premier reason for having a decentralized, autonomous system is to avoid th...

I know, that title is a stretch, but how else can I make another unfunny situation seem more pleasant? Anyways, Singapore-based centralized exchange, Vauld, has halted all withdrawals and other activities due to "extreme market conditions" about 18 days after they said they had no plans to do so, allegedly with $1 billion in assets under management. Why did I even want to write about this today? Because it's another reminder of how CeFi can about face on their decisions, leaving many inv...

I know, that title is a stretch, but how else can I make another unfunny situation seem more pleasant? Anyways, Singapore-based centralized exchange, Vauld, has halted all withdrawals and other activities due to "extreme market conditions" about 18 days after they said they had no plans to do so, allegedly with $1 billion in assets under management. Why did I even want to write about this today? Because it's another reminder of how CeFi can about face on their decisions, leaving many inv...

A little late to this story, but it looks like the bear market is the perfect time to unveil a new crypto phone! Solana recently unveiled the Saga, an Android-based, Solana-integrated phone, whose promise is to make the foray into web3 a much more streamlined one. Anatoly Yakovenko, one of the co-founders for Solana mentioned in a blog post, "...every day, I hear stories of people leaving dinners, conferences, and vacations to get back to their computers and sign important transactions. The m...

A little late to this story, but it looks like the bear market is the perfect time to unveil a new crypto phone! Solana recently unveiled the Saga, an Android-based, Solana-integrated phone, whose promise is to make the foray into web3 a much more streamlined one. Anatoly Yakovenko, one of the co-founders for Solana mentioned in a blog post, "...every day, I hear stories of people leaving dinners, conferences, and vacations to get back to their computers and sign important transactions. The m...

Jack Dorsey, former head and co-creator of Twitter, has a new project in his sights, and the premise sounds very intriguing. Currently, Web3 has quite a few limitations comparatively to what the rest of the world enjoys within the Web2 realm. Music, email, shopping, banking, and other categories have a small foot print in Web3 but it’s often clunky in terms of functionality and user experience, mainly because Web3 is in a building phase, developing the blockchains and protocols that will beco...

Jack Dorsey, former head and co-creator of Twitter, has a new project in his sights, and the premise sounds very intriguing. Currently, Web3 has quite a few limitations comparatively to what the rest of the world enjoys within the Web2 realm. Music, email, shopping, banking, and other categories have a small foot print in Web3 but it’s often clunky in terms of functionality and user experience, mainly because Web3 is in a building phase, developing the blockchains and protocols that will beco...