Friday, January 21, 2022

"Ozzy Osbourne’s NFT project shared a scam link, and followers lost thousands of dollars"

Verge:

The launch ... received coverage in outlets like Billboard, Rolling Stone, NME, Hypebeast, and Business Insider, among others.

But just two days after the tokens were minted

...

“Although we feel very sorry for the people that have fallen prey to these scams, we cannot take responsibility for the actions of scammers exploiting Discord

Meanwhile:

the total market cap of the cryptocurrency industry fell 11% to $1.9 trillion as of Friday afternoon during U.S. trading hours, down from an all-time high of $3.1 trillion in November.

Most major cryptocurrencies suffered double-digit losses 

...

Dogecoin (DOGE) is now nearly 80% down from its all-time high last May, despite a recent tweet from Tesla CEO Elon Musk that temporarily sent DOGE up as much as 33%.