The 5 strangest crypto stories of 2021

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In 2021, the market value of cryptocurrencies soared 286% year-on-year, bringing the $2.17 trillion industry to a climax. However, with the tremendous creation of wealth, the peculiar story of the entire industry also exploded. From the suspicious deaths of multiple crypto communicators and crypto scams involving the hacking of the Twitter accounts of heads of state to the drop of celebrity NFTs that were hyped up at auctions, 2021 is indeed crazy for cryptocurrency cyberspace. year. Without further ado, let’s take a look at the strangest stories that attracted blockchain enthusiasts this year.

No 1. The death of John McAfee

On June 23, John McAfee, the crypto communicator and the founder of the same name of the anti-virus software company McAfee, was arrested. Found dead in a Spanish prison In apparent suicide by hanging. The United States is one of the few countries that implement a tax-per-citizen system — that is, Americans tax their global income every year, no matter which country they live in — have been seeking McAfee’s extradition because he did not Filing income tax returns from 2014 to 2018, allegedly did not report the income of his crypto project. McAfee was arrested in Spain, awaiting accusations of tax evasion in the United States. As early as 2018, McAfee allegedly charged up to $105,000 per tweet to promote the initial coin offering (ICO) on social media.

In another tweet two years ago, McAfee stated: “If I commit suicide by myself, I don’t. I was beaten,” leading to Conspiracy theories about the death of a merchant It may be caused by a well-planned attack. McAfee is remembered for its pioneering investment in programming and the early adoption of Bitcoin (Bitcoin) And his quirky personality.He famously said that he would “eat [his own] If the price of BTC does not reach US$500,000 by 2020, please broadcast it on national television. “In November, McAfee’s original software development company was acquired by private investors for US$14 billion. McAfee’s widow Janice McAfee and his Kids (among which McAfee claim At least 47).

No 2. The Prime Minister of India seems to have posted a BTC scam on Twitter

Last December, the Twitter account of Indian Prime Minister Narendra Modi (Narendra Modi) was hacked again, and the scammers claimed India has adopted BTC as a national tenderAnd 500 BTC can be immediately distributed to Indian nationals who registered through the phishing link. This tweet was briefly visible to the public and Modi’s 73.4 million fans before being taken down.The year before, a cybercriminal organization called “John Wick” Hacked the Prime Minister’s Twitter account And released a message asking his followers to make crypto donations.

There are several hypotheses as to why Modi became the target of these Bitcoin scam hackers. One possible motivation is to avenge the ongoing Bitcoin scandal in Karnataka, India. According to Indian media reports, Karnataka police and government officials allegedly received 12,900 BTC in bribes from hacker Srikrishna Ramesh, who was arrested for hacking three cryptocurrency exchanges and other websites in previous years. When Karnataka Chief Minister Basavaraj Bommai asked this question during a meeting with Modi in November, the prime minister allegedly dismissed the question.India currently faces Chaotic regulatory environment Regarding the state of encryption affairs in the country.

Bitcoin tweets deleted by Narendra Modi | Source: India Today/Twitter

No 3. “Uno Reverse” by ConstitutionDAO

As early as November, a group of retail investors set up a decentralized autonomous organization, or DAO, with the intention of pooling funds to purchase The last privately owned first edition print The US Constitution is at a public auction held by Sotheby’s. The Constitution DAO raised $49 million through Ethereum (Ethereum) Donations from 17,437 participants.However, on the day of the auction, part of the constitution Overtaken by Ken Griffin, The CEO of Citadel, whose company owns a hedge fund that shorted Gamestop’s stock, which aroused the dissatisfaction of many retail investors who promoted the stock.

Soon after, ConstitutionDAO disbanded and refunded its stakeholders. Although all the “proletarian” investors may lose are their chains, it is clear that the “bourgeoisie” will not let them break free so easily.

No 4. Elon, Tesla and Bitcoin

Cryptocurrency has been on a roller coaster crazy this year, partly because of Tesla CEO Elon Musk. Promote digital memetic currencies such as Dogecoin (dog) In addition, Musk’s indecision when Tesla adopted Bitcoin created and erased a lot of wealth.

In March of this year, Musk announced that Tesla will Accept BTC as payment For consumers to buy their electric cars.Two months later, the momentum reversed, and after Musk, it became a complete market rout. Abandoned the plan, Cited the environmental issues of network mining.Then in October, Tesla said it would Reconsider adding BTC As a payment method. However, through all this, Musk has become more popular as a helmsman, leading retail investors and cryptocurrency enthusiasts through the storm of the capital market. He was recently selected as the Person of the Year by Time Magazine.

No 5. Tupac Shakur Unsold NFT

For 29 years, former hip-hop reporter Lawrence “Loupy D” Dotson has kept a series of photos of the famous rapper Tupac Shakur. These photos were taken at the rapper’s “2Pacalypse Now” debut album release party in 1992, and the public auction was announced in November this year in the form of irreplaceable tokens or NFTs. In an interview with Cointelegraph, Loupy D said: “I also considered various methods such as photo exhibitions and museums. For NFT, it is not only related to the asset itself, but also to the story behind the asset. I know I need to take my story Make it public.”

The OpenSea auction received a lot of media coverage in advance, including from RollingStone and Fortune.com. The auction lasted for a week. However, none of the 18 Tupac photo NFTs are sold out. Disappointed, Loupy D took them off the platform and opened them for private inquiries. However, to be fair, the photographer’s requirements may be too high, because the minimum bid for each NFT work is 25 ETH ($100,000).Earlier this year, another artist ask 200 ETH ($1 million at the time) was used to take pictures of Tupac Shakur’s shooting in a car 14 days before his death. Although the price fell to 10 ETH, the NFT remained unsold. Is it just too much demand or Tupac’s popularity has faded? You are the judge.