Hong Kong NFT project Monkey Kingdom loses $1.3 million in a hack

Buzzfeed has revealed the identities BAYC NFT collection

Buzzfeed, an American Internet media and entertainment company, has announced the real-life identities of two of the four original Bored Ape Yacht Club (BAYC) NFT collection founders, “Gordon Goner” and “Gargamel,” as Greg Solano and Wylie Aronow.

By searching the publicly available records of Yuga Labs, the company behind the collection, Notopoulos discovered the pair’s identities. Yuga incorporates Delaware with a registered agent named Greg Solano and other records pointing to Wylie Aronow. According to the tech reporter, “there are reasons why in the traditional business world, the CEO or founder of a company uses their real name and not a pseudonym,” and that “the people behind BAYC are courting investors and running a business that could be worth billions.”

In the case of smaller private companies, banking regulations and “know your customer” laws often require executives to use their full names.

These laws are intended, in part, to prevent terrorists, criminals, or sanctioned countries from doing business in the United States.

The non-consensual disclosure of Aronow and Solano’s identities, on the other hand, has sparked outrage among members of the Web3 community, who describe the article as “doxxing” rather than appropriate journalistic practice.

Crypto podcaster “Cobie” called the article “typical Buzzfeed trash” in a Feb. 5 tweet, saying it was “doxxing people for clicks and ad revenue.” Meanwhile, venture capitalist Mike Solana wrote on Twitter that “there was absolutely no reason to dox these guys,” adding that “they’re cartoon apes.”

BTC price returns to $43K

There was cautious optimism after breaking through $42,000 over the weekend as higher levels remained in play. Sunday saw a new push, with overnight gains approaching $43,000 before consolidating.

With Monday’s Wall Street open expected to bring more of the turbulence seen in extensive tech stocks late last week, the environment for crypto traders in February is an interesting one.

With its notable positive correlation, Bitcoin is thus sensitive to up and down moves — but equities refuse to move in unison in the same direction. Looking for advice, holders will recall January’s lows, which are also fresh in the minds of analysts who have not ruled out a return to $30,000.

With a week of reckoning for its recent gains ahead, Cointelegraph examines the Bitcoin market and five forces at work that may help shape where BTC price action goes next. Despite its typically lower volume, which provides fertile ground for both “fakeouts” and “takedowns,” the weekend was no match for Bitcoin’s newfound bullishness.

Analysts wanted to see $41,000 established on a longer-term basis in the future and $40,000 held as support.

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