Bored monkey avatar collector loses $567,000 NFTs in direct swap scam

Non-fungible token (NFT) hacks are on the rise again, and this time the Bored Ape Yacht Club (BAYC) collector has been scammed. Boring monkey holder named ‘s27’ missing gum monkey and matching spikes worth $567,000 after swapping NFTs on an exchange called ‘Swap.Kiwi’. This platform allows direct NFT swaps between collectors, with reduced transaction fees. BAYC NFT is owned by celebrities such as basketball icon Steve Curry, music artist Post Malone, and even American TV host Jimmy Fallon. The Twitter account ‘quit’, which tracks all the popular NFT monkey avatars,…

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Bored crypto monkeys warn against using NFTs after chatting platform hack

April Fool’s Day came early for fans of the famous Bored Ape Yachting Club Non-Fungible Code Group. The company behind the best-selling NFTs warned users around 2 a.m. New York time on Friday that its instant messaging platform Discord had been hacked and “briefly been hacked,” telling users not to trade digital assets — the process of taking the assets. digital files and convert them to a digital file stored on the blockchain – i.e. Apes on its platform. Stay safe. Don’t silence anything from any Discord right now. Our…

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How to save the Amazon forest? Brazilian company says NFTs are the answer

A Brazilian company that owns 410 square kilometers (158 square miles) of the Amazon rainforest is offering a new way to fund conservation: the sale of non-fungible tokens (NFTs) that allow buyers to sponsor the conservation of certain areas of the forest. NFTs are a type of crypto asset that has gone viral in the last year, with a unique digital signature ensuring that it is unique. Other efforts to fund conservation through NFTs include plans for wildlife sanctuaries in South Africa. In Brazil, a company called Nemus on Friday…

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How NFTs will be the key to accessing and experiencing the Metaverse

Two hot topics, non-fungible tokens (NFTs) and metaverses go hand in hand, gaining a lot of media buzz, headlines, and attention. But they also asked many questions. In this weekly column, we help you navigate the quirky and promising world of NFTs and the metaverse. The most important things first Before going into details, let’s quickly summarize the two concepts. Any digital items that start with – art, photo, video, GIF, mp3 or even a selfie – can be so switched to NFT. You might think that NFT files are…

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Google Trends data shows the ‘NFT’ and ‘metaverse’ hype will fade in 2022

The NFT and metaverse hype are starting to fade, and new data is emerging by Google Trend. Global searches for “NFT” and “metaverse” have begun to decline this year, with requests for NFT searches dropping sharply in the first quarter of 2022. According to Google Trends (GT), a service that tracks the most popular groups, searches for “metaverse” and “NFT” in the last 12 months have gained momentum from October to December 2021. However, since the beginning of 2022, the interest in search has decreased dramatically large, hitting its lowest…

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Here’s how a hacker stole $800,000 in NFTs through Discord

Controversial hacking has emerged as the latest threat to NFT buyers. A Discord server run by recently launched Rare Bears’ NFT project was hit by a phishing attack, resulting in the theft of approximately 179 NFTs worth $800,000. According to blockchain security firm Peckshield, the attacker was able to steal NFTs including “Rare Bears” and other NFTs from various combinations including “CloneX,” “Azuki” and “mfer” from artist Sartoshi, and six LAND tokens used in Sandbox Metaverse. Here’s what happened. On March 17th, a hacker gained illegal access to the account…

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NFT airdrops are exciting but do your research before participating

Launching a new crypto venture is one thing – marketing is another. Every day you hear about a new symbol or a new symbol Non-replaceable code (NFT) The project was dropped – all aimed at making a profit. With the increasing competition within the cryptocurrency and NFT space, developers have come up with unique strategies to promote their crypto projects. Some developers use encryption Strange and impulsive symbolic names Like Dogecoin, Potcoin, Dentacoin, etc., while others offer free NFTs to a few community members to promote their project before it…

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Here’s how much carbon dioxide is emitted to ‘mint’ in the NFT: Research

Crypto enthusiasts have spent millions of dollars on the gold rush, i.e. Irreplaceable icons (NFTs). However, the world of NFT has an enormous impact on the environment. New research by the NFT Club says millions of trees are needed to offset carbon dioxide (CO2) emissions due to NFTs. “At a time when the world is becoming increasingly concerned about the impact of global warming, the seemingly harmless world of online trading is becoming an increasingly big problem,” the NFT Club wrote in a blog post. For starters, NFTs are digital…

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