The blockchain is going to destroy everything

[abates]

Here's an archive of a paywalled article about it:

How North Korea’s Hacker Army Stole $3 Billion in Crypto, Funding Nuc…

archived 14 Jun 2023 22:07:08 UTC

archive.is

The summary in the previous article was inaccurate. What actually happened was that a company with a blockchain-based game got hacked by the North Koreans who stole a bunch of money from the game's users.

 

[abates]

Sega's moving away from NFT and blockchain game integration:

Sega cools blockchain and NFT interest, questions whether tech will "take off"

"What's the point if games are no fun?"

www.gamedeveloper.com

 

[CoffeeHorse]

I always liked Sega.

 

[Ironbite4]

Know what I love about these Crypto-bros doing FAFO? When they can set precedent for a former president.

https://www.cnn.com/2023/08/11/business/sam-bankman-fried-bail-hearing/index.html

Ironbite-enjoy jail there bro.

 

[abates]

FTX founder Sam Bankman-Fried guilty on all counts of fraud after historic cryptocurrency collapse

U.S. Attorney Damian Williams said they engaged in one of the biggest frauds in U.S. history.

www.politico.com

 

[Paladin]

Everyone at a recent NFT conference may have essentially nuked themselves because they didn't understand UV lights.

Attendees at Bored Ape Yacht Club NFT Event Report ‘Severe Eye Burn,’ Skin Irritation

Attendees to Yuga Labs' Bored Ape Yacht Club NFT celebration reported eye and skin irritation, potentially from UV light used at the event.

variety.com

https://twitter.com/i/web/status/1721533030118896023

 

[abates]

Sounds like, from what I read elsewhere, the UV bulbs used were ones ordinarily used for sterilizing surfaces, and thus were far too powerful for what they were being used for.

 

[Cybersnark]

 

[Pocket]

What were they being used for, and why? Is this one of those "tech-bros have bizarre ideas about health" things, like Steve Jobs living off nothing but fruit or the head of Oracle recommending bogus treatments for COVID?

 

[NovaSaber]

I think it's "people who don't understand how value works assumed the more powerful bulbs must be 'better' because they're more expensive".

 

[abates]

What were they being used for, and why? Is this one of those "tech-bros have bizarre ideas about health" things, like Steve Jobs living off nothing but fruit or the head of Oracle recommending bogus treatments for COVID?

As far as I can tell, they were just being used as exotic lighting at the event. As NovaSaber says, it was likely someone not knowing what they were doing.

 

[abates]

Feds arrest “Bitcoin Jesus” Roger Ver and accuse him of evading nearly $50 million in taxes.

You can read the details of Ver’s alleged misconduct here, but, with this news arriving as Binance founder Changpeng Zhao was sentenced for failing to establish adequate anti-money laundering protections, I’m reminded of this line from Ver, quoted in 2014:

www.theverge.com

An early adopter of Bitcoin was tax evading? What a shock.

 

[abates]

Ubisoft have launched an NFT blockchain game some 2 or 3 years too late to cash in on the NFT scam:

Ubisoft Just Quietly Launched a Full-Blown NFT Game - IGN

Three years ago, Ubisoft promised it would start making its own blockchain games. And now it appears to have done it, having stealth-launched a full-blown web3 game last week called "Champions Tactics: Grimoria Chronicles" on PC.

www.ign.com

I'm sure that's going to go great for them.

 

[wonko the sane?]

When they first announced the concept: their own users and developers reamed 'em for it. I guess even then they were too invested (or too stupid.) to abandon it.

Ubisoft has been slowly dying of late anyway. Might as well let them put the gun to their head.

 

[Dekafox]

Yeah, I recently heard that their stock is down to 5% of what it used to be...

 

[wonko the sane?]

Oy, what say we as the allspark all throw into the pot... and try to get the rights to the assassins creed IP when ubisoft goes belly up?

 

[The Mighty Mollusk]

Assassin's Creed Mayhem.