Crypto

Worldcoin Promised Free Crypto If They Scanned Their Eyeballs With “The Orb.” Now They Feel Robbed.
The Sam Altman–founded company Worldcoin says it aims to alleviate global poverty, but so far it has angered the very people it claims to be helping.

A New Bill Aims To Prevent Sanctioned Russian Oligarchs From Hiding Their Assets Using Cryptocurrency
But the head of Ukraine’s biggest crypto exchange fears that regulation of digital assets markets could hurt ordinary Russians’ ability to push back against Putin.

How A Texas Town Embraced A Crypto Miner It Didn’t Want
A 2021 winter storm overwhelmed Denton's power grid, pushing the city into crushing debt. Then a faceless company arrived with a promise to refill its coffers — and double its energy use.

Federal Lawmakers Worry Russian Leaders Are Using Crypto To Avoid Sanctions
US officials continue to scrutinize cryptocurrency markets for their potential role in aiding Russia’s avoidance of sweeping sanctions.

Ukraine Tweeted Its Cryptocurrency Wallet And Got $4 Million In Donations To Help Fight Russia
A source who confirmed the government’s fundraiser believed the funds would go to “exterminate as many Russian occupants as possible.”

From China To Kazakhstan To Texas: The Great Crypto Migration To The US Is Underway
Bitcoin miners keep picking up their operations and moving to more lucrative destinations. Now, their sights are trained on the US.

A Police Department Is Investigating Why Its Twitter Account Liked A Tweet Promoting Racist, Troll-y George Floyd NFTs
The creators of the NFTs say it’s a “unique and progressive way to celebrate the monumental life of George Floyd” and that owning one comes with an “N word pass.”

The NFTs They Bought From The Crypto Rapper Disappeared. Now They Want A Refund.
In the aftermath of the DOJ’s announcement of a $4.5 billion crypto laundering scheme, NFT owners want OpenSea to stop treating their goods like evidence of a crime.

The NFT Accounts Of The Couple Who Allegedly Tried To Launder $4.5 Billion In Stolen Crypto Have Disappeared
The couple may have attempted to use NFTs to launder some stolen Bitcoin, the Department of Justice complaint says.

A Woman Accused Of A $4.5 Billion Cryptocurrency Laundering Scheme Has Moonlighted As A Rapper And Forbes Writer
The DOJ has charged Heather Morgan, who uses the stage name Razzlekhan, with attempting to launder thousands of bitcoins alongside her husband, startup founder Ilya Lichtenstein.

We Found The Real Names Of Bored Ape Yacht Club’s Pseudonymous Founders
The buzzy NFT collection has raked in millions and the eager support of dozens of celebrities. But its founders’ anonymity raises questions about accountability in the age of crypto.

Congress Is Trying To Figure Out What To Do About Crypto's Colossal Carbon Footprint
House members pushed back on crypto CEOs' assertion that bitcoin's energy consumption is actually a "feature not a bug."

How A Bunch Of Crypto Nerds Liberated Jodorowsky’s Bible For “Dune,” The Greatest Film Never Made
The director’s lavish vision proved too much for Hollywood studios, but an ether-backed collective has vowed to bring it into public view at last.

It’s OK Not To Know About NFTs
Back in MY day, our tokens were fungible.

Meet The Guys Selling Memes As NFTs — For A Price
Connor Flanigan and Greg Cervenak are brokering an auction for Numa Numa, Honey Badger Don't Care, and Two Pretty Best Friends.

Into NFTs? Digital Strategist JiaJia Fei Shared The 10 Images That Have Made Her Career.
Years ago, JiaJia Fei saw an opportunity in the world of art and technology. Now she’s made a career of pioneering in that space: "I must be my ancestors’ wildest dreams."

DJ Khaled And Floyd Mayweather Are Paying Hefty Fines To Settle A Cryptocurrency Case With Federal Regulators
The two touted a new cryptocurrency on social media, but failed to disclose that they were being paid for their endorsement, according to the SEC.

Cryptocurrency Scams Are Thriving On Twitter Eight Months After It Said It Was Working To Eliminate Them
Scammers promising free bitcoin have become more sophisticated over the past few months, hacking verified Twitter accounts like Target to spread their scheme. It seems to be coming from Russia.

How A Hapless Bitcoin Entrepreneur Got Swept Up In The Crypto Craze And Started A Multimillion-Dollar Ponzi Scheme
A Quebec IT worker was certain he’d developed a foolproof way to mine bitcoin. Instead, it led him and his investors to ruin.

A Cryptocurrency Pioneer Wrote About Sex With A Preteen Girl On His Blog. He Says It Was Fiction.
Cryptocurrency entrepreneur Gavin Wood wrote — and then deleted — a post about having sex with a preteen girl who was dying of AIDS. He says it was fiction.

The #DeleteFacebook Hashtag Is Being Targeted By Bots, Porn Accounts, And Cryptocurrency Hustlers
As people tweet their outrage about the social network, online spammers come along for the ride.

Google Will Ban All Cryptocurrency-Related Ads Starting June 2018
Both Facebook and Google, two of the world's largest players in online advertising, are working to ban ads promoting cryptocurrencies and initial coin offerings.

Want To Make Millions? Copy Someone’s Cryptocurrency Project.
Copying other companies' work and intellectual property can generate big paydays for hucksters in the cryptocurrency world. One company has maintained a $2.3 billion valuation despite widespread allegations of plagiarism.

Facebook Is Banning Cryptocurrency And Initial Coin Offering Ads
Say goodbye to ads like “Use your retirement funds to buy bitcoin!”

The Coinbase Effect Shows The Power Of The US’s Most Important Cryptocurrency Platform
Bitcoin Cash surged more than 180% after Coinbase, the popular trading platform, announced it would allow for trading of the relatively new cryptocurrency.

The Unsettling Rise Of Crypto-Ransomware
It's a form of hacking that has proliferated so greatly because it requires scant technical expertise.