Voice actor Troy Baker announces his involvement in "voice NFT" project Voiceverse with an antagonistic tweet, shortly before it's revealed that the project stole work
Global Game Jam plugs their blockchain company sponsor, then tries to scrub mention of it after backlash
Doodled Dragons takes at least $30,000 after tweeting "our charity will instead now be... my bank account"
Gary V announces his new "NFT restaurant" where you'll still have to pay regular money for your meals
Users of Hong Kong crypto exchange Coinsuper reportedly haven't been able to withdraw funds for several months
SEC sues CrowdMachine founder, alleges illegal ICO and operation that secretly diverted funds to gold mining companies
Internet shutdown in Kazakhstan reveals that 12–18% of all Bitcoin mining is done there, which has alarming energy implications
ElectionDayMad1 apologizes for shilling an NFT project (that later rug pulled) without adequately disclosing he was being paid
After being hospitalized for digestion issues after selling farts in a jar (really), a former 90 Day Fiancé star turns to NFTs
- "CryptoBike showing signs of scam", Sài Gòn Giải Phóng
- "Dự án game NFT Việt bị nhà đầu tư 'săn lùng' ra cả địa chỉ giả do dùng chiêu cho chiếm đoạt 1,4 tỷ USD rồi bỏ trốn", Diễn đàn Doanh nghiệp
Digiconomist reports that Bitcoin consumed about as much energy in 2021 as the whole country of Argentina
Tether, the stablecoin that claims to be fully backed by actual currency, adds $1 billion to their supply
Square Enix CEO acknowledges he will be disappointing gamers who "play to have fun" with his announcement that they are getting into web3
- "Airdrop culture could pose integral threat to DeFi industry", Cointelegraph
- "Ethereum Project Airdrops Scam Token, Then Pulls the Rug", Crypto Briefing
"I been hacked. all my apes gone." tweeted Kramer, in a phrase that ultimately became a catchphrase of the NFT world (and its critics).
After asking for help on Twitter, OpenSea froze the stolen assets, preventing them from being traded on their platform. Some commenters noted that the redress (asset freezing and flagging of suspicious accounts) was only possible because OpenSea is a centralized platform with a large amount of power in the NFT arena, which some see as antithetical to the supposed ideals of web3. This also raises the question of whether BAYC themselves have a way to determine "legitimate ownership" of their NFTs, which in addition to being expensive status symbols also grant their owners exclusive perks including merchandising rights and access to events.p>
Blatant copy of Solana's popular "Baby Ape Social Club" rakes in more than $50,000 before being taken down by OpenSea
"No network can withstand the electricity consumption that is recorded there", says energy company chairman of the effects of cryptocurrency mining in Georgia
- "Fake MetaMask Governance Token Soars 2600% and Gets Rug-Pulled", CryptoPotato
- "$1.8M Lost to Fake MetaMask Token Honeypot Scam", Crypto Briefing
- "MetaDAO Makes Off With $3.2M in Rug Pull", Cryptobriefing
The "Cipher Punks" NFT project tried to sell NFTs with illustrations of various cypherpunks, or at least the ones that were listed on Wikipedia. The project said that it intended to "[honor] everyone involved in the CypherPunk movement. They are our heroes, and we need to recognize them". Apparently honoring them did not also involve asking for their consent to be used in the project, as Jillian York tweeted on December 26, "I don't approve of this whatsoever and would like it removed."ItsBlockchain, the group behind the project, subsequently announced that they would scrap the project and apologized. This apology rang a little hollow, to me, after they retweeted a tweet saying "never meet your heroes" in reference to the individuals asking that the project stop using their likeness without their consent, for their own profit.