Daily Crypto NewsEDITION #402, 07 February 2022

Media, doxxxing and Apes

Hey Moni Maker 🎭

Today, in the year 1311, Johann of Luxembourg has been crowned to the throne of Bohemia. Anyway, a certain DAO decided to give the role to one of the kingdom's contributors. Probably everyone was sitting, itching for lice, stinking... thanks to civilization, we have the right to do almost the same thing in the same conditions, but without leaving home :) 

Digest at the start, let's go! 

Hello, boomer, put a new word in your glossary - "doxing". Doxing is a kind of de-anonymisation, i.e. when a media/person/group leaks personal information. 

Btw, the well-known Bored Ape Yacht Club (BAYC) was doxed some days ago. BuzzFeed has published the real names of BAYC's founders - Goner and Gorgamel turned out to be Wylie Aronow and Greg Solano. 

The dudes themselves are dudes like dudes. They used to do literature and journalism, but now they are making NFT. The community has not reacted to the personalities of these dudes, but ... BuzzFeed has been hit with such a barrage of crap that even podcast star UpOnly Cobier called the article "trash". 

What do you think - this kind of movement by the media is OK? People should know the makers of such hype collections, or is this a new kind of paparazzi? 

On Wednesday, the popular @NFT Instagram account—which boasted 1.7 million followers and a blue verified check mark—became the subject of a viral Twitter thread accusing the account of repeatedly posting sponsored content and advertising new NFT collections without disclosing the posts as ads.

In a Twitter Spaces on Wednesday night, Aaron Avruskin, who co-founded Leverage Game Media—which is backed by Mark Cuban and owns the @NFT account along with several other social media accounts in the sports space—vowed to “immediately cease all ads” on the account and “try to be better” going forward. 

Btw, the account was blocked.... 

A senior manager at the Bank of England says the 327-year-old institution is “highly unlikely” to develop a retail-facing wallet that could be used to store and spend digital currency. 

The question of whether the United Kingdom’s central bank will issue a so-called Central Bank Digital Currency (CBDC) is far from settled. The Bank plans to publish a consultation paper setting out its assessment of the merits of what some have dubbed the ‘Britcoin’ later this year. 

Degen is the name of a person who understands DeFi very well. Yes, crypto is toxic.

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And you...buy Bitcoin! (it's a good time!)