Motherboard: People’s Expensive NFTs Keep Vanishing. This Is Why

Motherboard: People’s Expensive NFTs Keep Vanishing. This Is Why. “Last month, Tom Kuennen, a property manager from Ontario, coughed up $500 worth of cryptocurrency for a JPEG of an Elon Musk-themed ‘Moon Ticket’ from DarpaLabs, an anonymous digital art collective. He purchased it through the marketplace OpenSea, one of the largest vendors of so-called non-fungible tokens, or NFTs, in the hopes of reselling it for a profit. ‘It’s like a casino,’ he said in an interview. ‘If it goes up 100 times you resell it, if it doesn’t, well, you don’t tell anyone.’ He never got the chance to find out.”

Coingeek: Token-based social media BitClout raising lots of money—and eyebrows

Coingeek: Token-based social media BitClout raising lots of money—and eyebrows. “A new digital currency project has recently hit the market, launching out of private beta on March 24. Known as BitClout, it has managed to raise hundreds of millions in funding from some of the most prominent venture capital firms. However, it’s also raising eyebrows, and now, faces a cease and desist order.”

Washington Post: What is an NFT, and how did an artist called Beeple sell one for $69 million at Christie’s?

Washington Post: What is an NFT, and how did an artist called Beeple sell one for $69 million at Christie’s?. “Using the same principles behind cryptocurrencies such as bitcoin, NFTs allow people to claim ownership over specific digital files, be they songs, videos or static images. Beeple, whose real name is Mike Winkelmann, is the latest beneficiary of a rush into NFTs that’s a side effect of the fast-growing interest in digital currencies and the technology behind them.”

Opelika-Auburn News: Two Auburn teens figure out how to convert unused computing power into charitable donations

Opelika-Auburn News: Two Auburn teens figure out how to convert unused computing power into charitable donations. “John Stanwick, a senior at Auburn High School, and Camp Steiner, an Auburn High alumnus who graduated last year, are doing their part to help save the environment with the help of Charitas.co, a nonprofit company and computer program they created that uses cryptocurrency to fund nonprofits around the world.”

Livemint: BitBuddy launches Bitcoin explorer- a web tool to access all Bitcoin statistics

Livemint: BitBuddy launches Bitcoin explorer- a web tool to access all Bitcoin statistics. “The users can access every record of Bitcoin from explorer, including the real-time Bitcoin statistics, mining difficulty rate, and Bitcoin transfer hash. This unique interface can also be used to track and understand all insights of the Bitcoin blockchain. Additionally, it also provides the transaction status done via Bitcoin, a crypto asset.”

The Verge: Cryptocurrency company sues YouTube for letting scammers impersonate its CEO

The Verge: Cryptocurrency company sues YouTube for letting scammers impersonate its CEO. “Cryptocurrency company Ripple is suing YouTube for its ‘inexplicable failure’ at stopping scammers from impersonating its CEO. In a complaint filed today, Ripple accused the video platform of selling ads and verifying accounts that promote fake cryptocurrency giveaways, then ignoring complaints about them.”

FBI: FBI Expects a Rise in Scams Involving Cryptocurrency Related to the COVID-19 Pandemic

FBI: FBI Expects a Rise in Scams Involving Cryptocurrency Related to the COVID-19 Pandemic. “Fraudsters are leveraging increased fear and uncertainty during the COVID-19 pandemic to steal your money and launder it through the complex cryptocurrency ecosystem. People of all ages, including the elderly, are being victimized by criminals through cryptocurrency-related fraud schemes. Developments in cryptocurrency technology and an increasing number of businesses accepting it as payment have driven the growing popularity and accessibility of cryptocurrency. There are not only numerous virtual asset service providers online but also thousands of cryptocurrency kiosks located throughout the world which are exploited by criminals to facilitate their schemes. Many traditional financial crimes and money laundering schemes are now orchestrated via cryptocurrencies.”

CoinWorld360: Brave New Coin’s new tool uses artificial intelligence to track emotions of the crypto community on Twitter

CoinWorld360: Brave New Coin’s new tool uses artificial intelligence to track emotions of the crypto community on Twitter. “Brave New Coin (BNC), a New Zealand research company specializing in blockchains, has introduced a new system for assessing the emotions of the Bitcoin community based on Twitter messages. According to the BNC, the new Twitter Sentiment assessment system analyzes over 34 million Twitter feeds related to the bitcoin every week. The firm uses artificial intelligence algorithms that look for entries containing the words bitcoin, $BTC and BTC and others.”

Decrypt: A malicious Google Chrome extension cost one user $16,000

Decrypt: A malicious Google Chrome extension cost one user $16,000. “A user of a malicious cryptocurrency wallet, Ledger Secure, claims to have lost $16,000 worth of the privacy coin Zcash. Ledger Secure, an extension for Google Chrome, isn’t related to Ledger, the hardware wallet makers of a similar name. Instead, it passes a user’s seed phrase back to the creator of the extension, claimed @BTCSchellingPt.”

The Economic Times: Google faces backlash for removing cryptocurrency videos from YouTube

The Economic Times: Google faces backlash for removing cryptocurrency videos from YouTube. “US-based technology behemoth Google has faced backlash from the cryptocurrency trading community for removing — and later reinstating — hundreds of cryptocurrency videos from its video-sharing platform YouTube in the last three days, and for suspending a cryptocurrency wallet application from its Android marketplace, Google Play, last week.”

Slate: What to Salvage From the Wreckage of Libra

Slate: What to Salvage From the Wreckage of Libra. “… the 1.7 billion users of Facebook’s platforms outside the U.S. and Europe actually could use something like Libra to store and transfer money. These users would take on most of the risk and harm if things go wrong with Libra. And if everything went right—it’s a big if—they’d gain the most too. It’s why, even if Libra is dead in the water, I hope the idea behind it isn’t.”