26 Jan 2023

Hackers Take Over Robinhood Twitter Account To Promote Scam

Cybercriminals hacked the Twitter account of the Robinhood exchange on Wednesday. In a now-deleted tweet, the hacked account was used to promote a scam offering crypto tokens and NFTs on the Binance Smart Chain through the PancakeSwap decentralized exchange. Robinhood’s other social media profiles were also compromised. According to a

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24 Jan 2023

Are NFTs Back? OpenSea Sales Rise in Consecutive Months for First Time in a Year

Is the crypto bear market coming to an end? Cryptocurrency prices are on the rise lately, and there are now growing signs that the NFT space is rebounding as well. The latest: OpenSea, the leading marketplace, has notched back-to-back Ethereum NFT monthly sales increases for the first time in a

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20 Jan 2023

Wallets of NFT influencer drained in OBS malware attack

Non-fungible token (NFT) influencer who goes by ‘NFT God’ on Twitter lost all his digital assets in a hack on Jan. 14. One of his nearly 90,000 Twitter followers bought NFT God’s stolen Mutant Ape Yacht Club NFT and offered to return it at cost price — over $25,000. Earlier in

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12 Jan 2023

British NFT Investments says hackers stole $250,000 worth of assets

NFT Investments, a British company that as its name suggests invests in companies developing non-fungible tokens (NFTs), announced on Thursday that it lost $250,000 of assets in a cyberattack. The company, which describes itself as working with “entrepreneurs to develop NFT assets,” disclosed the incident through the London Stock Exchange’s (LSE)

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09 Jan 2023

DeFi-type projects received the highest number of attacks in 2022: Report

It’s no secret that in 2022 the world of Web3 and decentralized finance (DeFi) experienced a slew of major exploits and attacks. From the Ronin bridge attack to the Nomad hack, the top 10 exploits alone saw over $2 billion lost. In the Beosin Global Web3 Security Report 2022, it

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06 Jan 2023

DOJ Files Charges Against Alleged Mutant Ape Planet NFT Rug Pull

The U.S. Justice Department announced Thursday it had arrested and filed criminal charges against the founder of an NFT project it alleges “rug pulled” holders and defrauded them of $2.9 million in cryptocurrency. Aurelien Michel, 24, the founder of Ethereum NFT collection Mutant Ape Planet, was arrested last night at

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04 Jan 2023

Nike’s RTFKT COO Falls Prey to NFT Hack

Nike’s RTFKT COO Nikhil Gopalani becomes the latest victim of a vast hack losing multiple NFTs from his wallet. Gopalani’s wallet has lost all of its NFTs at the time of this writing, aside from one: a Death Row Records NFT of the “Clone X Theme Song,” which is estimated

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30 Dec 2022

China to launch national exchange for trading NFT-like digital assets despite cryptocurrency bans

China is introducing a “digital asset trading platform” to facilitate transactions of intellectual property and non-fungible tokens (NFTs), known as digital collectibles in the country, where cryptocurrencies are banned. A launch ceremony will be held on January 1, according to state media China Daily. The platform is co-developed by China

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28 Dec 2022

2023 Should Be the Year of On-Chain User Security

Next year will be a big year for building in “tech crypto.” While the investment side of crypto (aka “money crypto”) struggles to repair grotesque violations of trust in centralized finance (CeFi), tech crypto must focus even more intently on improving user safety on-chain. This issue needs to be addressed

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27 Dec 2022

North Korea-linked NFT Phishing Campaign Targets OpenSea, X2Y2, Rarible Users

Researchers have unearthed a new phishing campaign involving North Korea-linked hackers targeting NFT users purchasing tokens on platforms such as OpenSea, X2Y2, and Rarible. Users would first purchase legitimate-looking NFTs on these websites, and these NFTs would then direct the buyer to fraudulent NFT-related websites to complete the minting process.

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