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Apr 20 • 7 tweets • 2 min read
Binance adds a branded hashtag to Twitter that closely resembles a swastika

#Binance

April 20, 2022
web3isgoinggreat.com/?id=binance-ad… Binance adds a branded hashtag to Twitter that closely resemMore than a few people expressed shock at seeing what they b
Binance is the largest cryptocurrency exchange in the world (by trading volume). It was founded in China, though it moved due to Chinese crypto regulations and is now headquartered in the Cayman Islands.
It's not widely used in the US or the UK due to regulations, although there is a Binance.US version of the platform that does comply with US laws, which some Americans use (except for in the seven states where it is banned).
The unfortunate emoji release happened on April 20, which in addition its marijuana associations, is also celebrated by fascists because it is Hitler's birthday.
Multiple users in Germany have confirmed they can see the hashtag.

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More from @web3isgreat

web3 is going just great Profile picture
Apr 19
First crypto burger purchase at Bored Ape restaurant illustrates why people don't widely do this

April 9, 2022
web3isgoinggreat.com/?id=first-cryp… Painful financial implications aside, a public transaction r
Another common example of why people don't tend to use crypto to make everyday purchases is the 2010 purchase of two Papa John's pizzas for 10,000 Bitcoin (then around $40—fancy pizzas, I guess). Today those 10,000 BTC would be worth $414 million.
Then again, the likelihood of someone successfully holding on to 10,000 BTC since 2010 without losing them to Mt. Gox or any other of the many fiascos is somewhat slim.
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Apr 14
Archie Comics announces "Archiverse" NFT project to overwhelmingly negative reception

April 14, 2022
web3isgoinggreat.com/?id=2022-04-14… Archie Comics announces "Archiverse" NFT project t
Several people talking about NFTs in the "Archieverse" Discord appear to be children.
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Apr 13
Fake SkyVerse project draws in more than $150,000 (and counting)

April 13, 2022
web3isgoinggreat.com/?id=2022-04-13… Fake SkyVerse project draws in more than $150,000 (and count
Consider reporting @SkyverseClub as a fake account impersonating the real project (@SkyVerseNFT), to hopefully protect others from falling for the scam.
I don't recommend putting your money into the "real" project either, for what it's worth.
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web3 is going just great Profile picture
Mar 29
Popular blockchain game Axie Infinity suffers a $625 million exploit, possibly the largest in defi history

March 29, 2022
web3isgoinggreat.com/?id=2022-03-29… Popular blockchain game Axi...
Just like that, we crossed the $9 billion mark. This entry alone caused the grift counter to jump from $8.567 billion.
This is a few months old now, but naavik.co/business-break… is a fascinating long read on Axie and how its economy "works"
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web3 is going just great Profile picture
Mar 28
UPDATE: Saber, who provided the Cashio liquidity pool, have said they cannot compensate users. They urged the attacker to return the $: "accounts with over $100k are often users’ life savings on leverage, and many of us will seriously be affected financially after this incident."
(this is a correction to a previous tweet, which attributed the statement to the Cashio team)
The Cashio hack is the second-largest Solana hack to date, according to @WuBlockchain. The largest was the February Wormhole breach
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web3 is going just great Profile picture
Mar 24
Department of Justice charges the scammers behind the January "Frosties" NFT rug pull with fraud and money laundering shortly before they launch their second project

March 24, 2022
web3isgoinggreat.com/?id=2022-03-24… Department of Justice charges the scammers behind the JanuarThe statement also alleged that the duo were working on anot
The original scam:

I rag on how slow enforcement has been with these obvious frauds, but this was actually an impressive turnaround.
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