Daily Crypto NewsEDITION #587, 09 September 2022

Mourning for some, X's for others

Hey Moni Maker 💂

Today, in 2015, Elizabeth II surpassed Queen Victoria in terms of her time on the throne of Great Britain (63 years and 217 days). As you know, the Queen of England left our world yesterday. Someone started speculating and creating meme coins; some tried immortalising Elizabeth's memory in NFT on Ethereum. That's what our Digest today is about.

Let’s go.

As you already know, Elizabeth II, Queen of Great Britain, passed away. So now, let’s look at what happened yesterday in the crypto Twitter world. 

First, the NFT project QueenE is currently conducting its last auction. Later, the Queen NFT were released daily. The goal of this project was to make new Queen NFTs until her death…and now it’s the last one. At the moment of writing, the highest bid for the latest NFT is 1,8 ETH.

Secondly, while nocoiner Twitter was grieving or hating, crypto Twitter decided to make some money on this event. That’s why coins like $QUEEN appeared. This one made 15 000%. Of course, not all coins showed such results, but there were many of them. 

It's about morals of course, but also be aware of such coins. They can be a ponzi scheme...

Although...the #MoniMaker tag would also work here. Here's an article about 15 projects in the NFT world that could potentially give an airdrop. And then there are strategies for what to do to get that potential airdrop. 

Check it here

Ponzi Scheme — is a pyramid scheme. For example, Bitconnect was a ponzi scheme.

And more you can find in our Glossary!  

– Cryptocurrency scammers tried to hijack Apple's presentation

– GameStop, on the verge of bankruptcy, began a partnership with FTX

– New Free DAO collapsed 99% due to flash credit exploit

– Avalanche suffered a 371k USDC exploit attack

– Sony Music has applied for NFT registration

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