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A bored-looking ape with protruding fangs, horns, and red spiked wingsBig Daddy Ape Club NFT (attribution)
The creators of "Big Daddy Ape Club" rugpulled shortly after mint, deleting their social media and website and making off with around $1.2 million. The project's creators were reportedly the same as those who'd pulled off the $2 million "Baller Ape Club" rug pull in October 2021, and a $150,000 one before that.
Theme tags: Rug pull
Blockchain tags: Blockchain: Solana
Tech tags: NFT

I can safely describe most NFT marketplaces as bizarre, but the AP is really trying to top the bunch. The marketplace will provide a place for trading the NFTs they plan to create out of their journalistic photography. However, people won't be able to move the NFTs they purchase to other marketplaces (so much for decentralized). Dwayne Desaulniers, AP's Director of Blockchain & Data Licensing, attempted to shed some light on their plans via Twitter, only making things worse. "Buying an AP photo registered on the blockchain provides you with a personal license to display, print, resell the image if you wish. But is also helps reduce the economic damage from digital theft, preserves the value of a photograph and will help us fight deep fakes", he said, though basically none of these claims stand up to scrutiny, or particularly require a blockchain.
Theme tags: Bad idea
Blockchain tags: Blockchain: Polygon
Tech tags: NFT

Neon green illustration of a city on blackCityDAO logo (attribution)
Crypto investors who have bought 40 acres of land in Wyoming in hopes of "building a city on the Ethereum blockchain" have lost $92,000 and counting to a Discord hack. Some clever social engineering and questionable security measures on Discord's part allowed scammers to gain control of a CityDAO Discord moderator's account, then send out fake announcements about a fake "land drop". So far the scammer has received 29.67 ETH (about $92,000).
Theme tags: Bad idea, Hack or scam
Blockchain tags: Blockchain: Ethereum
Tech tags: DAO

Lympo logo, a reddish checkmark by the text "Lympo"Lympo logo (attribution)
Animoca Brands' subsidiary Lympo, an NFT platform specifically for sports, experienced a breach of several hot wallets. This allowed an attacker to pull 165.2 LMT tokens from the platform, equivalent to about $18.7 million. The tokens were quickly exchanged for Ether on Uniswap and Sushiswap. The hack caused the value of LMT to drop by 92%, to $0.0093.
Theme tags: Hack or scam
Blockchain tags: Blockchain: Ethereum

A green, vaguely human-shaped blob with a strawberry on its head and hearts for eyes, holds a flag that says "Frosties"Frostie #7105 (attribution)
An hour after releasing their ice cream-themed NFTs, developers of the Frosties NFT project closed their social media accounts and disappeared with $1.3 million, plunging the token value to nearly zero.
Theme tags: Rug pull
Blockchain tags: Blockchain: Ethereum
Tech tags: NFT

A pink dragon blowing smoke out its nostrils, wearing a blue hoodie.Doodled Dragon #322 (attribution)
A SolSea-verified NFT project on the Solana blockchain, Doodled Dragons, touted that they would distribute all profits "straight to charities protecting animals on the brink of extinction". They announced on Twitter that they would be donating $30,000, "our first donation", to the World Wildlife Fund. Two hours later, they tweeted, "actually. fuck that. our charity will instead now be... my bank account. cya nerds." They deleted the Twitter account shortly after.
Theme tags: Rug pull
Blockchain tags: Blockchain: Solana
Tech tags: NFT

LCX logoLCX logo (attribution)
The Liechtenstein-based cryptocurrency exchange LCX suffered a $6.8 million loss when one of its hot wallets was compromised. Assets including ETH, USDC, EURe, and LCX were moved to an Ethereum wallet belonging to the attacker, then quickly tumbled using the Tornado Cash mixing service.
Theme tags: Hack or scam
Blockchain tags: Blockchain: Ethereum

An illustration of a flyfish on a pastel backgroundFlyfish Club Member NFT (attribution)
Gary Vaynerchuk announced plans for his New York City "NFT restaurant", Flyfish Club. The cheapest NFT, giving access to only parts of the restaurant, was listed at 2.5 ETH (at the time around $8,000); a full-access membership was listed at 4.25 ETH (around $14,400). However, the NFT only grants access to the restaurant. Patrons will still pay for their food and drink—and in real money, not crypto.
Theme tags: Bad idea
Blockchain tags: Blockchain: Ethereum
Tech tags: NFT

Instagram story post from Kim Kardashian, which reads "Are you guys into crypto???? This is not financial advice but sharing what my friends just told me about the Ethereum Max token! A few minutes ago Ethereum Max burned 400 trillion tokens—literally 50% of their admin wallet giving back to the entire E-Max community. SWIPE UP"Kim Kardashian's Instagram post (attribution)
An investor filed a class action lawsuit against Kim Kardashian, Floyd Mayweather, and Paul Pierce, all of whom promoted the EthereumMax currency (not to be confused to the completely unconnected Ethereum). The lawsuit also names the creators of the coin, who are still unknown, but who the filer hopes to unmask through legal discovery. The filer alleges that the group of defendants were hyping a "pump-and-dump scam" that caused him to suffer investment losses.
Theme tags: Shady business
Tech tags: cryptocurrency

Coinsuper logo: blue text with a yellow swoosh underlining itCoinsuper logo (attribution)
Users reported not being able to withdraw currency from their accounts with Coinsuper, a Hong Kong-based crypto exchange. Although trading has remained active on the platform to date, some users have said they have spent months trying to withdraw their funds, to no avail. A group have filed a complaint to the police. Communication from Coinsuper has been practically nonexistent, both to users and to their investors.
Theme tags: Shady business
Tech tags: cryptocurrency