Maiar's founder and CEO has claimed that "most exploited funds have been either recovered in full, or will be covered by the Elrond Foundation", though it's not clear how (or if) any of the funds were recovered.
Decentralized exchange Maiar exploited for $113 million
Collector loses ten pricey NFTs to phishing scam
The collector had bought or minted the NFTs at various points over the past year, spending a total of 84 ETH on the ten stolen NFTs (worth ~$312,000 based on ETH prices at the time of each purchase). The thief has so far flipped seven of the Cool Cats NFTs for a total of 34.5 ETH (~$62,000). This collector doesn't appear to be the phisher's only victim; their Ethereum wallet shows a total balance of $365,000.
Bored Apes Discord compromised again, 32 NFTs stolen and flipped for $360,000
The Bored Apes Discord was also compromised on April 1, along with those of several other big-name NFT projects.
New York legislators pass moratorium on permits for fossil fuel powered crypto mining operations
Next, the bill will go to Governor Hochul to sign or veto.
FTC reports $329 million lost to crypto scams in Q1 2022
The report also detailed that 25% of the monetary amount lost to fraud since the beginning of 2021 was lost via cryptocurrency, and that the median individual loss was around $2,600. Most of the crypto scams were investment frauds, followed by romance scammers and business and government impersonators.
- "Reports show scammers cashing in on crypto craze", Federal Trade Commission
Timechain allegedly attempts to falsely blame missing money on Terra collapse
- "Timechain et ses dirigeants font l’objet d’une enquête", La Presse (in French)
- "Dépouillés par une compagnie québécoise de cryptomonnaie", Le Journal de Montréal (in French)
Forest Tiger Pro rug pulls for tokens notionally worth more than $4.5 million
- "Tiger Incident Analysis", Certik
Animoon rug pulls for $6.3 million
Not only did their roadmap include play-to-earn game (of course), collaborations with a Swiss shoe and apparel store that would send them actual gear, and real-life trips, but they promised that 15 "legendary" cards would "automatically generate" their owners $2,500 each month, for life. The project was promoted by Jake Paul, an influencer whose crypto promotions don't have a great track record to say the least.
The project team began to grow more distant after launch, posting less frequently. Promised apparel shipments never arrived. The team changed the legendary rewards from $2,500 a month to "a percentage of incomes from the game", which they said "could be a lot more than $2500 monthly" despite no game actually existing. The project team eventually disappeared, took down the Twitter account and website, and disabled the general chat in their Discord project.
Renter loses half their security deposit after landlord puts it into Bitcoin
Personally, I'm looking forward to telling my landlord that I can only pay half my rent because I lost the money I'd set aside for it in the crypto markets.
Coinbase rescinds already accepted job offers
Crypto companies are not the only tech companies that have been slowing down hiring or even laying off employees recently, though rescinding already accepted offers is extremely unusual. A would-be employee wrote on the anonymous employee message board app Blind that their offer had been rescinded, and that "this feels like a nightmare that I can't wait to wake up from". A current Coinbase employee replied, "Dodged a bullet".