Author: admin
beginner Market volatility is nothing new, but it has reached its height in recent years. This has led to a lot of hype and buzz around stablecoins, which are designed to maintain their value regardless of market trends. The USDT Tether token is one of the most popular stablecoins on the market, and many traders have turned to it to mitigate the effects of market volatility. However, there is some controversy surrounding USDT Tether, as some have claimed it’s being used to manipulate the crypto market. Despite this, it is still among the most widely used stablecoins. Let’s deep dive…
In this week’s newsletter, read about how the metaverse may integrate touch and smell. Check out how the nonfungible token (NFT) project Moonbirds plans to become a global brand and how NFT marketplace Magic Eden will refund users affected by a recent exploit. In other news, find out how NFT image hosting issues can be resolved, according to executives within the NFT space. And don’t forget this week’s Nifty News featuring a warning to gamers about a fake Pokemon NFT game spreading malware. Touch and smell become the next big thing for the metaverse at CES 2023One of the catalysts for…
Hackers hide malware in fake NFT gameA phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the time of writing was still online, also claims to offer an NFT marketplace, with a link to buy tokens, and even an area to stake NFTs — all based on the popular Japanese media franchise.However, an arm of the South Korean cybersecurity firm AhnLab warned the public about the website on Jan. 6, noting that instead of downloading agame, users were actually downloading a remote…
The latest expansion for Skyweaver, Hexbound Invasion, lands on January 16th. Featuring 50 new cards, 10 for each Prism, this expansion release includes a new card ability, and the new Skypass! Skyweaver prepares to release their next expansion, Hexbound Invasion. The lore for this release features armies of creatures infected by Hexbound sickness gathering for destruction while the other forces of the world marshal their troops for defense. With ten new cards for each Prism, six units and four spells, there should be plenty of opportunity for everyone to tweak their decks with these new cards. Hexbound Invasion comes with…
Nikhil Gopalani, the COO at RTFKT, is starting the year on a sad note after his NFT wallet was compromised in a phishing attack. This resulted in the loss of most of his portfolio of digital collectibles, worth a fortune, in an instant.The COO went on Twitter on Tuesday to break the news, sounding quite depressed by the whole ordeal. Unfortunately, some of his valuable pieces have changed hands several times, despite the fact that some buyers appear to be unaware of their origin.Hey Clone X community – I was hacked by a clever Phisher (same phone # as apple…
The goal of improving the quality of digital art is what drives STRMNFT to constantly innovate. Since its launch a few months back, STRMNFT has moved NFTs to the next generation for community-driven creators. And with a growing number of new users actively trading NFTs, the marketplace has announced its continued support for emerging artists by opening its own creator program.Through this program, a wide array of opportunities will be available for creators to showcase their talent. It is designed to help them gain exposure to the marketplace’s thriving community of NFT collectors.Joining the NFT space usually requires an understanding…
Luxury car brand Aston Martin has made its first foray into Web3 with a launch of its first set of NFTs set to be dropped this week.The legendary British racing brand has teamed up with Tiny Digital Factory, a developer and publisher of racing and motorsport games, for the 3000 “digital diecast” Aston Martin NFTs.The limited edition NFTs are on the Polygon blockchain and will be available for purchase on Magic Eden marketplace. And best of all fans will be able to buy and race them in the next-generation Infinite Drive metaverse game.The marketplace opens on 18th December for a…
The United Arab Emirates (UAE) has passed a new law that governs virtual assets, setting up the country’s initial regulatory regime for the cryptocurrency space at the federal level. Before the federal-level regulation, the UAE already introduced several supervisory initiatives for digital assets in economic free zones like the Abu Dhabi Global Market (ADGM). Last year, Dubai also established its own crypto regulator called the Virtual Asset Regulatory Authority (VARA). Legal experts spoke to Cointelegraph about the major changes introduced by the new law.Irina Heaver, a UAE-based crypto and blockchain lawyer, explained that the move has several implications. According to Heaver,…
The music industry is notoriously centralized, with major record labels often controlling nearly every facet of an artist’s career — from which songs they are allowed to release to what percentage of the royalties they keep and more. While the rise of streaming platforms like SoundCloud and Spotify has helped democratize the industry and made it significantly easier to get one’s music in front of more ears, it’s still an uphill battle to build a dedicated fanbase and generate enough revenue to survive.Enter music NFTs. For those in the blockchain space, nonfungible tokens represent an opportunity for fans to directly…
The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to in-store theft. Findings from the National Retail Federation’s 2022 Retail Security Survey show that retail losses from stolen goods increased to $94.5 billion in 2021, up from $90.8 billion in 2020. Some retailers also have to lock away certain products to prevent theft, which may lead to decreased sales due to consumers’ inability to access goods. Retailers look toward blockchain to solve retail theftGiven these extreme measures, many innovative retailers have started looking toward…
