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· Sarah Yukiko
Scammers steal $3.3 million by pulling rug from under ‘Squid Game’ cryptocurrency investors
Within days of launching, SQUID coin was shuttered and its creators made away with millions, suggesting it was a cryptocurrency scam known as a “rug pull.” Rise in popularity: Although unaffiliated with the hit Korean Netflix show “Squid Game,” the cryptocurrency took advantage…
· Bryan Ke
South Korean professor develops toilet that turns poop into power and cryptocurrency
Cho Jae-weon, a South Korean urban and environmental engineering professor at the Ulsan National Institute of Science and Technology (UNIST), developed an eco-friendly toilet that pays students cryptocurrency and turns feces into fuel. The invention: The BeeVi toilet uses a…
· Stephanie Ngo
Principal Fired After Using School’s Electricity to Secretly Mine Cryptocurrency
A school principal in Hunan province has been fired for creating a cryptocurrency mine operation in the school and raising the building’s electricity bills. Lei Hua, a middle school principal in Chenzhou, purchased more than 10,000 yuan ($1,400) on equipment used to mine…
· Bryan Ke
Thailand’s Largest Movie Theater Brand Now Accepts Cryptocurrency as Payment
Thailand’s largest movie theater chain will now accept bitcoin and other digital currencies as forms of payment to buy tickets or even snacks. Major Cineplex, in partnership with Swiss fintech developer RapidzPay, will establish gateways for customers who prefer to use…
· Bob Wu
17 Most Influential Asian Americans in Blockchain and Cryptocurrency
A VC told me recently that it’s hard for them focus on anything else except for blockchain and crypto companies. Given the excitement around blockchain, digital currencies, bitcoin, and ICOs, I thought it would be interesting to recognize the Asian Americans that are the most…
· Ryan General
Chinese crypto influencer makes over $5 million in 10 days selling her photos as NFTs
Chinese influencer Yuqing Irene Zhao successfully launched an NFT collection with the slogan: “SIMP: Simplicity, Integrity, Meaning, and Purpose.” The collection features images of the crypto influencer in different poses with slang used in the crypto community, such as “gm,”…
· Ryan General
Indonesian college student becomes millionaire after putting his selfies up for sale as NFTs as a joke
Indonesian college student Sultan Gustaf Al Ghozali, 22, earned over $1 million by selling his selfies as NFTs. Ghozali took daily photos of himself in front of his computer over the last five years for a timelapse video he was planning for his graduation. He uploaded these…
· Bryan Ke
Australian man claiming to be Japanese Bitcoin inventor wins $27 billion court case
Craig Wright, an Australian computer scientist who claims to be Satoshi Nakamoto, the inventor of Bitcoin, has been cleared of six out of seven civil charges during a trial in a Miami court on Dec. 7 that put him up against the estate of his deceased business partner. Trial and…
· Sarah Yukiko
Elon Musk tweet of ancient Chinese poem ‘The Quatrain of Seven Steps’ stirs confusion
Tesla CEO and newly-minted world’s richest person Elon Musk sparked debate after posting an ancient Chinese quatrain on Twitter and Weibo. The reference: Musk shared the English word “Humankind” and the untranslated Chinese text of the Seven Steps Verse, a poem which is said to…
· Grace Kim
Grab ‘em by the…balls? ‘Squid Game’ director compares VIP character to Donald Trump
Warning: Contains spoilers Creator of Netflix’s global sensation “Squid Game ” Hwang Dong-hyuk recently revealed that the show’s social commentary was based on global events and crises beginning in 2008. The dystopian nature of the violent horror series, he says, resembled what…
· Ryan General
Manny Pacquiao tests his chess skills against ‘10-year-old Magnus Carlsen’ in exhibition match
Manny Pacquiao can now add “up-and-coming chess player” to his ever-evolving resume after his recent match against a chess app. Valiant losing effort: The recently retired boxer, who has filed his certificate of candidacy (COC) to join the Philippines’ 2022 presidential race,…
· Ryan General
12-year-old makes $400,000 creating NFTs based on meme
A young boy from London is generating six-figure earnings by selling ownership tokens of digital artworks via blockchain technology, otherwise known as NFTs.
· Carl Samson
South Korea’s MBC sparks outrage over ‘inappropriate’ images for each country in Olympic opening
South Korean broadcaster MBC has apologized for its use of “inappropriate” images and captions to represent countries in its live coverage of the Tokyo Olympics’ opening ceremony. What happened: In its hours-long livestream that started on Thursday (local time), MBC used…
· Ryan General
Margaret Cho, Lisa Ling and More Featured as NFT Cards to Raise Funds for #StopAsianHate
Cause-based NFT (non-fungible token) fulfillment platform NFT4GOOD recently partnered with MerchNFT to complete its first charitable campaign to support Asian American organizations and nonprofits active in the #StopAsianHate movement.
· Ryan General
Korean Celebrities Call Out Telegram Chatrooms Sexually Exploiting 74 Women and Children
Korean celebrities are publicly condemning the sexual exploitation of young girls in an online messenger service in South Korea. Last week, a man in his 20s named Cho was arrested for allegedly victimizing at least 74 people, including 16 minors. Known by his Telegram nickname…
· Carl Samson
Chinese Entrepreneur Misses $4.57 Million Lunch With Warren Buffett
A Chinese cryptocurrency entrepreneur who paid $4.57 million at a charity auction for a lunch with Warren Buffett has missed the event over a bizarre series of health concerns that came amid the Chinese government’s crackdown on bitcoins. Justin Sun, 29, founder of…
· Ryan General
Chinese Man Pays $4.57 Million to Have Lunch with Billionaire Warren Buffett
A Chinese cryptocurrency entrepreneur is set to have lunch with Warren Buffett after making the winning $4.57 million bid at a annual charity auction. Businessman Justin Sun, the 28-year-old founder of the cryptocurrency firm Tronix and CEO of peer-to-peer file sharing protocol…
· Ryan General
American Man and Thai Partner May Face Death Penalty for For Living in Houseboat Off Phuket
An American man and his Thai partner have been living in their floating platform home off the coast of Phuket as pioneers of the so-called “seasteading” (combining the sea and homesteading) movement. The idea is to create permanent dwellings at sea, called seasteads, outside of…
· Carl Samson
Hong Kong Bitcoin ‘God’ Arrested After Making Cash Rain on the Streets
A Bitcoin enthusiast who describes himself as a “god” who allegedly “steals from the rich and gives to the poor” was arrested in Hong Kong after literally making it rain cash on a street last week. The man, identified as Wong Ching-kit, is a local entrepreneur who owns a…
· Ryan General
Thai Actor Arrested After Fooling Finnish Man Out of $24 Million in Bitcoin
A popular actor in Thailand was recently arrested in connection with an alleged Bitcoin scam, worth almost a billion Thai baht worth of cryptocurrency. Jiratpisit “Boom” Jaravijit, known for TV roles in hit series such as “Bad Romance The Series,” “Nang Ai,” and “Naew…