Tag: crypto

AOC Says She Doesn’t Own Bitcoin to Do Her Job ‘Ethically’

On Monday, Rep. Alexandria Ocasio-Cortez clarified on Instagram that she does not hold any digital assets or tokens, including Bitcoin, and said she doesn’t believe policymakers should be able to hold financial products like stocks. In June 2018, rules passed by the House Ethics Committee required members of Congress to disclose ownership of crypto-asset holdings […]

Read More

Hacked Cryptocurrency Platform Begs Hacker to Please Return $119 Million

Hacking. Disinformation. Surveillance. CYBER is Motherboard’s podcast and reporting on the dark underbelly of the internet. Last week, an unknown hacker or hackers stole around 2,100 BTC ($118,500,000) and 151 ETH ($679,000) worth of cryptocurrency tokens from a blockchain company called BadgerDAO.  Now, the blockchain “bridge” protocol BadgerDAO is pleading with the hacker to return […]

Read More

Hackers Steal $150M From Crypto Exchange Billed as ‘Most Trusted’

Image: d3sign/GettyImages Hacking. Disinformation. Surveillance. CYBER is Motherboard’s podcast and reporting on the dark underbelly of the internet. Hackers have hit yet another cryptocurrency exchange, stealing between $150 million and $200 million in cryptocurrency.  BitMart, which bills itself as “the most trusted crypto trading platform,” announced on Monday that it had suffered a “large-scale” security breach. […]

Read More

Received Some Random Cryptocurrency? It Might Be a Phishing Scam

Image: Jakub Porzycki/NurPhoto via Getty Images Hacking. Disinformation. Surveillance. CYBER is Motherboard’s podcast and reporting on the dark underbelly of the internet. Cryptocurrency scammers are sending custom tokens that lure victims into visiting a phishing site designed to steal crypto from their wallets, according to reports made by observers and people targeted by the scam. A […]

Read More

Hackers Steal $119M From ‘Web3’ Crypto Project With Old School Attack

Image: Ulrich Baumgarten via Getty Images Hacking. Disinformation. Surveillance. CYBER is Motherboard’s podcast and reporting on the dark underbelly of the internet. An unknown hacker or hackers stole a reported $119 million in cryptocurrency from a blockchain-based decentralized finance (DeFi) platform on Wednesday.  In a Tweet on Wednesday, BadgerDAO (decentralized autonomous organization) wrote that it received […]

Read More

‘Fantázomai!’ Yanni Announces NFT Collection

The new-age Greek artist Yanni, most famous for shredding it on multiple keyboards with a backup band of didgeridoos, Armenian duduks, harps and giant sticks, is releasing his own NFT collection and “community.”  Yanni has always existed in a metaverse of his own making, where lyricless global-fusion concerts played on PBS are the height of […]

Read More

Miramax Is Suing Quentin Tarantino Over ‘Pulp Fiction’ NFTs

Quentin Tarantino’s plans to sell a collection of Pulp Fiction NFTs may be thwarted by a lawsuit from the film’s studio Miramax. The lawsuit claims that Tarantino’s plan to sell some internet art for internet money forced the studio to “enforce, preserve, and protect its contractual and intellectual property rights relating to one of Miramax’s […]

Read More

Surprise! The Future of Media Involves a Crypto-Based Popularity Contest

This summer, I took a deep breath, steeled my nerves, and joined thousands of writers, artists, and tech types in what has become something of a weekly spectacle in crypto-curious corridors of social media: I asked my followers to help me win a popularity contest. It’s called the Write Race, and despite the name, it […]

Read More

Crypto Investors Buy 40 Acres of Land in Wyoming to Build Blockchain City

Back in July, Wyoming passed a law legally recognizing Decentralized Autonomous Organizations (DAOs)—blockchain-based entities in which members vote on the group’s direction with tokens—so long as they are registered as companies in the state.  Now, one DAO that has aspirations of founding a blockchain-based city says it has actually purchased land in the state.  “Today, […]

Read More

Cryptocurrency Loan Platform Implodes In $130 Million Hack

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., demonstrating the risks inherent in the burgeoning crypto loan industry. C.R.E.A.M. was targeted […]

Read More

Galaxy Interactive raises $325M to invest in games, finance, and tech

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Galaxy Interactive has raised a whopping $325 million second fund to invest in games and related technology. A division of Galaxy Digital Holdings, the New York-based fund will now have more than $650 million combined assets under […]

Read More

The Economy Is Back. Welcome to the Casino

Now that the pandemic relief jobless benefits have expired for millions of Americans and the eviction moratorium was ended by the Supreme Court, we are finally beginning to return to a normal economy. That is to say, one featuring hunger, homelessness, and an increasingly larger dose of gambling. At the beginning of the year, we […]

Read More