Sunday, December 17, 2023

Web3 Is Going Just Great

Some of the recent stories at WIGJG:

December 16: "Top tier" NFTs stolen in NFT Trader hack:

Attackers exploited old smart contracts from the NFT Trader peer-to-peer NFT trading application to steal pricey NFTs, including at least 37 Bored Apes, 13 Mutant Apes, and NFTs from the VeeFriends and World of Women collections. Some ETH and APE tokens were also stolen. Altogether, the stolen NFTs are priced at around $3 million, though the hacker may not be able to liquidate them for that amount....MUCH MORE

December 14: SafeMoon files for bankruptcy:

The company behind the SafeMoon cryptocurrency scam has filed for Chapter 7 bankruptcy. Screenshots circulated on Twitter of a letter to employees citing "a number of operational and financial challenges", likely referring to — oh, I don't know — maybe the whole criminal indictment against SafeMoon's founders and executives and simultaneous civil lawsuit from the SEC....MUCH MORE

December 13: "Money launderers charged over $80 million crypto romance scam"

December 13: Australian victims lose estimated $1.3 billion to prolific scammers' HyperVerse project:

...Estimates by Chainalysis suggest that victims have lost a combined $1.3 billion (with a B) 

And many, many MORE