The Rug
The Rug
Web3's mostly credible news source. We take money, seriously.
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Coinbase Targeted for Being Too Responsible
March 31st, 2023
SAN FRANCISCO — Last week, Coinbase was given a Wells notice from the SEC. The Wells notice claimed that Coinbase is being too responsible an actor in the crypto space.
Collect The Rug's March NFT
March 30th, 2023
BREAKING — In March’s Issue of The Rug NFT, we look at the war on inflation, decentralized orgs, and dead NFT projects. For a limited time, you can collect one below for .0069 ETH.
Balaji Appointed Bitcoin's Chief Marketing Officer
March 22nd, 2023
TOKYO — Amidst tumultuous markets, Bitcoin has apparently appointed Balaji Srinivasan as its new Chief Marketing Officer. The decentralized entity came to this centralized decision by meme-ing ordinal NFT’s on the blockchain in sequence to reassemble Srinivasan’s image in the aggregate, beneath which in alpha-numberic code was scripted, CMO.
NASA Discovers Two Million Bitcoins on Asteroid
March 20th, 2023
WASHINGTON, D.C. — A team of NASA astronomers discovered a new asteroid in our solar system today that contains a previously unaccounted for supply of approximately 1.98 million bitcoins. The asteroid has been nicknamed “Satoshi.”
FDIC Insurance Good Up To 250,000 or Whatever You Put in
March 15th, 2023
NEW YORK CITY — In light of the recent bankruptcies of Silicon Valley Bank and Signature Bank, the Federal Deposit Insurance Corporation has issued a definitely in character blanket policy update.
Writing Off Crypto Will Only Make It Stronger Says Keanu Reeves
March 13th, 2023
HOLLYWOOD — Famous cool dude Keanu Reeves talked about cryptocurrency in an interview with Wired, published Tuesday.
Second Judge Rules the Shrug Emoji Nullifies Any Previous Emoji Advice
March 8th, 2023
MANHATTAN, NY — Judge Jefferey Watkins of the New York Southern District court has ruled that appending the shrug emoji to a piece of financial advice will nullify said advice.
Lido Fork Accepts ETH, Distributes mETH
March 6th, 2023
MARSEILLE — Competition in Ethereum's liquid staking race continues to heat up, with heavy hitters Coinbase, Lido, and Rocket Pool already investing heavily to win market share in the lucrative liquid staking derivative (LSD) business.
ETHDenver’s BUIDLathon Creates Eight New Projects That No One Knows the Legality Of
March 1st, 2023
DENVER — This year’s BUIDLathon funded eight new incredible Ethereum projects that may or may not be legal.