Crypto phishing attack drains $55M from whale’s wallet
Blockchain security experts warn against signing unknown transactions and highlight the growing threat of phishing scams in crypto.
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The biggest crypto heists of all time
Crypto fraudsters, especially scammers, prey on naive buyers in the physical world by reading the fine print in contracts. Understandably, crypto heists pique the public's interest. The first consideration is the massive amount of money to be stolen—legacy financial organizations are rarely robbed of such large sums of money. Second, because cryptocurrencies have only lately…
Al tech aims to make metaverse design accessible for creators
The Mona metaverse unveiled an AI-enabled material creator for advanced creative and personalized metaverse design. 235 Total views 8 Total shares Artificial intelligence (AI) is a mainstay in many Web3 activities. From nonfungible token (NFT) creation to fraud detection, it is integral to the roots of what makes up decentralized technology. Mona, a Miami-based 3D metaverse development…
Crypto Biz: Microsoft enters the metaverse, Jan. 14–20
This week’s Crypto Biz explores Microsoft’s Activision purchase, the new partnership between Coinbase and Mastercard and the latest funding news from the world of crypto. For a comprehensive breakdown of business developments over the last week, register for the full newsletter below.Microsoft enters the Metaverse with Activision purchaseIt’s no secret that Microsoft has been eyeing…
Libra an ‘Important Catalytic Event,’ Says Swedish Central Bank Chief
The head of Sweden’s Riksbank has characterized Facebook’s Libra project as “an incredibly important catalytic event” that is spurring the world’s central banks to ready themselves for digital transformation.In an interview with CNBC’s Squawk Box Europe on Oct. 15, Riksbank Governor Stefan Ingves said:“It has been an incredibly important catalytic event to sort of shake…
Roaring Kitty buys another 4M GME stocks, birthing conspiracy theory
Keith Gill, known as Roaring Kitty, buys 4 million more GameStop (GME) shares, increasing his holdings to over 9 million shares worth $262 million.
Airdrops can work, but be aware of the risks
Airdrops have emerged as a powerful tool for token distribution, user acquisition and community building as the blockchain industry has grown. They provide a unique opportunity for projects to distinguish themselves, incentivize desired behaviors and foster long-term relationships with their user base. But the question remains: Do airdrops work?Based on my prior research in the…
Ethereum now available on Amazon Managed Blockchain
Amazon Web Services users reportedly have the ability to "provision Ethereum nodes" as well as connect to the blockchain’s mainnet and other testnets. 2038 Total views 9 Total shares Tech giant Amazon just announced the general availability of Ethereum on its managed blockchain.According to Amazon Web Services, or AWS, users now have the ability to…
$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK
December proved to be the month with the least crypto stolen in 2022, although there were still 23 major incidents, according to CertiK. 329 Total views 7 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCryptocurrency hackers and exploiters seemingly slowed down for the 2022 holidays as December saw $62.2 million worth…