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· Bryan Ke
Hacker streams old Elon Musk interview about cryptocurrency in latest South Korean government YouTube hack
Government of the Republic of Korea, the official YouTube channel of the South Korean government, has been restored following a hacking incident over the weekend, the Ministry of Culture, Sports and Tourism said in a statement on Sunday. "At 3:20 a.m., the channel name and…
· 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…
· Bryan Ke
Interpol issues red notice for Luna, TerraUSD co-founder Do Kwon
Interpol granted South Korean prosecutors’ request to issue a red notice for Do Kwon, the South Korean co-founder of the defunct cryptocurrencies Luna and TerraUSD (UST), on Monday. South Korean authorities issued an arrest warrant on Kwon — born Kwon Do-hying — and five other…
· Ryan General
Luna crashes below $3 after S. Korea issues arrest warrant for Terraform Labs founder Do Kwon
An arrest warrant has been issued in South Korea for Terraform Labs founder Do Kwon as investigations of the crypto company continue. Terraform Labs’ stablecoin UST and cryptocurrency LUNA shocked investors and the crypto community in May when they lost $40 billion in value in a…
· Ryan General
Why the 1,022 fake SpaceX employees from China could be part of an elaborate scam
A rumor that Elon Musk’s SpaceX employs over 1,000 Tsinghua University graduates became a trending topic on Chinese social media in July. The figure used in the story came from search results on the professional networking platform LinkedIn, which showed that 1,022 of SpaceX’s…
· Carl Samson
Asian American-founded circus troupe says Silicon Valley exec left his $50,000 bill unpaid
San Francisco-based circus group The Dahlias has accused Japheth Dillman, co-founder of game accelerator YetiZen, of failing to pay $50,000 for a birthday party performance that took place in Sonoma, California, last year. Christine Lee, one of The Dahlias’ four Asian American…
· Bryan Ke
‘It’s great to invest, but invest smartly’: Jimmy O. Yang explains why he turned down crypto promotion offers
Jimmy O. Yang revealed that he has turned down multiple paid cryptocurrency promotion offers in the past, fearing that his endorsements might influence his fans to pursue unsafe investments. “Especially with something like crypto, it's important to [ask] ‘Is it going to hurt the…
· Jane Nam
Scammers apologetically blackmail Vietnamese restaurant with 1-star reviews for gift cards
Chicago Vietnamese restaurant Sochi Saigonese, named on Michelin’s 2022 Bib Gourmand list, is the latest target of scammers threatening one-star reviews unless given a gift card. According to an employee who posted to a private Facegroup group for members of the Chicago…
· Carl Samson
China censors news on hacker selling personal info of 1 billion citizens from stolen police database
China has reportedly blocked news about a hacker who claimed to have stolen a local police database and subsequently offered to sell it for 10 bitcoin (about $200,000). The leaked Shanghai National Police database allegedly contains 23 terabytes of data including personal…
· Bryan Ke
Shohei Ohtani joins likes of Stephen Curry, Tom Brady in partnership with crypto platform
Crypto trading platform FTX named Los Angeles Angels two-way superstar Shohei Ohtani as one of its global brand ambassadors, the company first announced via CNN in November 2021. “He's obviously one of the most electric players in all of sports right now," 29-year-old Sam…
· Bryan Ke
YouTuber Joma Tech signs with ‘Crazy Rich Asians’ backer to make Bitcoin dramedy
Google software engineer-turned-YouTuber Jonathan Ma, known online as Joma, has signed a deal with Stars Collective, an entertainment company launched by “Crazy Rich Asians” backer Peter Luo. For his first project, Ma, 32, will create a dark comedy drama about the origins of…
· Carl Samson
Investor who lost $2.3 million terrifies crypto founder’s home in alleged trespassing
A man who claims to have lost up to 3 billion won (approximately $2.37 million) following the collapse of the cryptocurrency Luna has been questioned by South Korean police after allegedly trespassing into the apartment building of the cryptocurrency’s founder last week. Do…
· Carl Samson
‘Imagine a treasury of millions of dollars’: Andrew Yang pioneers DAO for AAPI causes
Andrew Yang last week launched GoldenDAO, a decentralized autonomous organization (DAO) focused on advancing “AAPI solidarity and empowerment.” DAOs are online organizations that aim to accomplish goals with the aid of blockchain technology. “Imagine a treasury of millions of…
· Carl Samson
Elon Musk shares conspiracy theory about Bitcoin creator Satoshi Nakamoto in viral tweet
In a viral tweet on Wednesday, Elon Musk posted an image suggesting that Satoshi Nakamoto — the pseudonym of the person or people behind Bitcoin — is an amalgam of Samsung, Toshiba, Nakamichi and Motorola. Although several people have claimed to be Satoshi Nakamoto, the identity…
· Ryan General
Woman loses $300,000 worth of bitcoin to person who posed as a Chinese architect on dating app Hinge
Tho Vu, 33, lost about $300,000 worth of bitcoin after being scammed by her Hinge match. The scammer, who went by the name Ze Zhao, earned her trust by promising her a honeymoon and a new life together. According to Vu, she deposited her bitcoin into the digital wallet that the…
· Rebecca Moon
Chinese student loses NFT worth $548,000 after clicking on a scam link
A fourth-year student at Shanghai’s Tongji University posted on Discord that he had lost a valuable NFT from the Doodles collective that was worth half of his NFT assets to a phishing scam. The NFT that belonged to Niq Chen is worth around $548,000, based on the $1.1 million…