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This Week’s Winners and Losers in Crypto

Big week in crypto!

USDC: Was Everyone Just As Blind As Me?

Let me TL;DR summarize the past weekend’s events:

Stacks on Stacks on Stacks

February 23
If your daily routine includes staring at token prices from the moment you wake up and every 5 mins until bedtime, then I assume you’re scratching your head just like I’ve been doing the last 2 weeks.

Bit-tendo: The Nintendo That Earns Bitcoins

February 17
Chalk this one up for classic ingenuity.

Crypto Out, More Beer And Gambling In

February 10
In the good feel news of the year so far, crypto ads are no longer welcome during the most popular sporting event in the U.S.

Bitcoin Has Images of A**holes Now

February 03
Yes, you read that right.

Secret (Bidding) Wars For Celsius Assets?!

January 27
Tiffany Fong, who rose to fame after scoring some exclusive SBF post-meltdown interviews, has revealed some interesting information she’s been sitting on for quite some time.

Ice Cold Scamming: "Ice Phishing" Next Big Thing?!

December 22
There’s a troubling new scam-scheme (I’m trademarking this) that’s apparently only targeting Web3 users. According to blockchain security company CertiK, a new type of scam called “ice phishing”, which was first identified by Microsoft, where Web3 users are tricked into signing permissions via wallet transactions that allow the scammer to spend their tokens and other dubious activities. 

Year Of The Scam?? Rug Pulls Top List

December 20
Gather around, readers. Let me tell you a tale of rug pulls and scams for 2022. According to Solidus Labs, there was an estimated 350 scam tokens/rug pulls created on a daily basis since January 2022 to December 1st, which equates to 117,629 scams for the year so far. This is a 41% jump over 2021 where 83,400 token scams were deployed. The report also claims that BNB Chain has the greatest number of scam tokens, with 12% of all BEP-20 tokens being fraudulent. In second place is Ethereum, with 8% of all ERC-20 tokens beings scams.