The WeWork founders are starting a carbon credit crypto company and they already raised $70 million in funding

Adam and Rebekah Neumann, the duo behind the WeWork coworking space company that imploded spectacularly in 2019, have re-emerged to start a company called Flowcarbon. The company intends to "tokenize carbon credits" and sell them to companies hoping to green up their image. The need for a blockchain is unclear.The company has already raised $70 million...

18m

DecentraWorld project rug pulls for $1 million

The creators of the Decentraworld project, and its associated $DEWO token, rug pulled for 3127 BNB, valued at just over $1 million. The project promised an "ecosystem of dapps with privacy protocols by default". The website spoke of how "governments around the world want to keep controlling their citizens by fighting the one thing they can’t control,...

1h

Crypto speculator loses over $200,000 to wallet compromise

Crypto speculator Jonny Reid wrote on May 22 that his crypto wallet had been hacked and drained of approximately $203,000. He wrote that he had never owned a hardware wallet before and had only used MyEtherWallet and MetaMask. "My security has always been great, always cautious with phishing links / websites / discord / telegram / social media scans...

1d

Founder of Milady NFT project revealed to have horrifying history involving a 4chan suicide cult, white supremacist cult, and pro-anorexia grooming

The founder of the Remilia Collective and its popular "Milady Maker" NFT project, "Charlotte Fang", was discovered to have been a key player in a white supremacist cult known as Kali Yuga Accelerationism (abbreviated "kaliacc"). They were also tied to a group called "Systemspace", that is variously described as a suicide cult and as a 4chan trolling...

1d

Beeple's Twitter account is hacked and used to promote fake NFT mints

Attackers gained control of the Twitter account belonging to Beeple, an artist known for "selling" an NFT for $69 million in March 2021 and for his recent horror-inducing NFT collab with Madonna. They used the account to share two scam mint links—first to a supposed NFT collaboration with Louis Vuitton, then to "extra" artwork Beeple supposedly created...

1d

Doodled Dragons serial rug-puller revealed to be behind yet another Solana project

The serial rug-puller who was behind the Balloonsville rug pull in February and Doodled Dragons rug pull in January has popped up once again, this time with a Solana NFT project called Reptilian Renegades. A project called Hydra Launchpad, which had recently announced they would be adding Reptilian Renegades to their lineup, were the ones to expose...

5d

Users threaten to sue after yield generation project Stablegains loses $44 million in Terra collapse

A class action law firm sent a letter to the yield generation project Stablegains, demanding records on customer accounts, marketing and advertising strategies, and communications relating to the Terra stablecoin. Stablegains described itself as aiming to "make it simple and safe for everyone to benefit from advances in financial technology", and promised...

5d

"Quantum-resistant" blockchain QAN suffers bridge attack

The $QANX token for the QAN project suddenly plummeted in value as an attacker stole at least 325 ETH ($635,000) from the project. In a video posted to Twitter, the project CEO stated that it was "definitely a bridge issue", and that they'd shut down the project's bridge. They also said they had contacted exchanges to freeze the wallets that had been...

5d

Class action lawsuits filed against Terra founders after crypto collapse

Following the collapse of the Terra ecosystem and its tokens TerraUSD and Luna, affected Korean investors have filed both criminal and civil lawsuits against the project's creator, Do Kwon. Represented by RKB & Partners, the lawsuit seeks to seize Kwon's assets and pursue fraud charges.Another Korean group, calling themselves "Victims of Luna, UST...

6d

"Feminist Metaverse" token exploited for $533,000

The "Feminist Metaverse" ($FM) token suddenly plunged in value by 99.7% after an attacker stole 1,838 BNB ($533,000). The hacker quickly transferred the stolen funds to the Tornado Cash tumbler to help hide their tracks.The project advertised on its website its plans to "Create Feminist economics in the form of a DAO to balance the male-dominated world."...

6d