7 Crypto and NFT Projects That Were Total Scams (February 2022 Edition)
in a so-called initial coin offering. What’s an initial coin offering? It’s like an IPO but for fake money.
The crypto scam was named after the wealthiest person in the world, Elon Musk, who has been known in the past to promote bitcoin and dogecoin. But Musk had nothing to do with this particular project.was the CEO of Baby Musk Coin. But Liu is almost certainly not a real person.. Incredibly, the website claimed Baby Musk Coin was “unruggable.”BabyMusk is a tribute coin to Elon Musk. Its community has one main goal: to catch Elon’s attention such that he will join the project.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World's Biggest Crypto Exchange Binance Says It Will Not Block Russian Accounts Despite Ukraine RequestBinance said it was not going to “unilaterally freeze millions of innocent users’ accounts.”
Read more »
Binance Commits $10 Million to Ukraine, Overall Crypto Donations Near $20MThe crypto community is rallying together like never before to show support to Ukraine in the way of digital asset donations.
Read more »
Squabbling ‘Let’s Go Brandon’ Crypto Team Tries to RelaunchThe man behind the “Let’s Go Brandon” crypto coin threatened to sue key investors, blaming them for the nearly worthless token’s demise. Now some of those players want to team up once more.
Read more »
Are crypto and blockchain safe for kids, or should greater measures be put in place?Gen Z loves cryptocurrency, but are they putting themselves at risk? Industry experts detail the threats minors face on crypto and blockchain applications while urging child safeguards and greater education in the community.
Read more »
ECB president calls for crypto regulation in response to Russia potentially evading sanctionsIn response to a question on Russia potentially using crypto to evade sanctions imposed by European lawmakers, ECB president Christine Lagarde urged action on an existing proposal for a regulatory framework on digital assets.
Read more »
Front-running, flash bots and keeping things fair in the crypto marketDeFi offers unprecedented democratic access to the financial markets. But the only way it will grow and survive is to ensure that it's safe, private, and fair for retail and institutional investors.
Read more »