BlockFi set to pay $100 million to settle with SEC and state regulators over sketchy lending services
Squiggles project revealed to be part of an NFT scam ring just before launch
- "Squiggles NFTs Delisted From OpenSea… But The Story Gets Weirder", NFT Evening
- "Busting a $20,000,000 NFT Scam (Squiggles)", Coffeezilla (Video)
mtgDAO gets a legal notice from Wizards of the Coast, writes that they are "unfairly discriminat[ing] against web3 tech and web3 communities"
Security firm forced to publicly disclose issues with Atomic Wallet after they go unaddressed for months
New York power plant starts mining Bitcoin, increases emissions by 6x
Locals of the area have demanded that the Department of Environmental Conservation review the air emissions permit for the plant rather than renew an old one, which the DEC agreed to do, though they have delayed a new decision until March 31. Many pressing for permit review were unhappy with the delay, with the Seneca Lake Guardian reporting, "This delay from the DEC is not benign... Every day that Gov. Hochul and Commissioner Seggos drag their feet on this (permitting) decision is another day for Greenidge to continue expanding operations."
On June 30, regulators denied Greenidge's request to renew their permit.
Hackers take more than $10 million from defi project Dego Finance
Creator of Skycoin files lawsuit claiming he was extorted and kidnapped
One defendant in the lawsuit has described the suit as "absurd" and "pretty weird", and said that Smietana has "a history of blaming other people for the failure of Skycoin".
Canadian antivaxxers try shilling crypto after failing to fund their trucker protest
The protesters eventually turned to Bitcoin and other cryptocurrencies for crowdfunding, even appointing a "Bitcoin team lead" who rambled on in a livestream about not "being shackled by the censorship put in place by our legacy financial system", much to the confusion and annoyance of some viewers. One commenter asked, "Are we at a press conference for Freedom Convoy 2022 or having some guy shove Bitcoin down our throats?" As of February 9, the group claims to have raised $300,000 in Bitcoin, and $500,000 in other cryptocurrencies.
Baby Musk Coin rug pulls after a $2 million January ICO
Samsung launches environmental sustainability-themed metaverse scavenger hunt where people plant virtual trees and earn NFTs
The press release doesn't happen to mention that the Decentraland project is built on Ethereum, which was at the time a proof-of-work blockchain that used over 100 TWh of electricity per year — around the same amount as countries like the Netherlands or Finland.