Newsletter #176 - Non-Glory Holes

Yo Shitcoiners,

There seems to be a lot of money being stolen lately doesn’t there? This week’s round-up has exploits and memes. It’s a hoot. Oh and remember you can always catch it on YouTube. We begin by the biggest news of the week, Wormhole was exploited for $323m. The hacker fraudulently created wETH tokens on Ethereum, leaving ETH on Solana unbacked. Ouch.

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They were quick to “restore” the funds. However, that doesn’t mean they got the wETH back from the exploiter.

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To lighten the mood, here’s what a Solana hacker house looks like. Please note, this is not a house.

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Back to the shenanigans. Sifu, the now doxxed former CFO of Wonderland has been doing a little mixing.

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We will just leave this here.

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Some of you will remember the infamous Bitfinex hack of 2016. Well, some of that dormant BTC has sprung to life.

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Six days being held hostage and this trader still didn’t give up the crypto. GMI.

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While we are focusing on Asia, Thailand have decided to abolish plans for a crypto tax.

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India meanwhile…

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To the Jacks! There seems to be a theme here. Is it just a coincidence that Gandalf posted the comparison and Dorsey has a strong wizard beard going on?

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Jack has been doing some home mining himself lately. It’s not like he needs the money but solving a block with a solo set up is kind of neat. This next individual scored big.

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Bitcoin mining has been forever getting heat for being bad for the environment. Fantom are going the opposite route. Andre wants to run the “Ethereum killer” on a Prius.

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NFTs are not going away and neither are the attacks on NFT holders. This next guy got pretty rekt.

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We hope the wholesome family depicted below have secured their generational wealth correctly.

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The normies think that they are going to make it by trading JPEGs. This is not going to end well.

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It’s probably advisable to avoid the NFT flipping and learn Solidity instead. Almost $1m a year? Jesus.

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Speaking of DAOs, Daniele is now your overlord.

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We finish up with a piece of art. If you stare the charts long enough to start to see some weird shit.

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And as usual a little bit of shilling.

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Follow Andreas on Twitter and stay up to date with us @Shitcoindotcom too. See you next week!

Team Shitcoin.com