Major Ethereum NFT marketplaces and project developers are now implementing various measures to help resolve a serious smart contract issue. Some developers of Ethereum NFT projects are now rushing to secure their collections after Thirdweb, a prominent crypto development platform, announced that it has had issues with its smart contracts since December 4. Thirdweb wrote… Continue reading Ethereum NFT Creators Race to Safeguard Projects Amid Thirdweb Threat
Tag: hackers
NFTs Break Legal Ground Meant To Serve Anonymous Hackers
Nonfungible tokens (NFTs) made legal history in the past week. For the first time in a federal court, it was determined that sending an NFT can be considered serving legal notice. Judge Beth Bloom of the US District Court for the Southern District of Florida made this ruling. Why did the judge decide to use… Continue reading NFTs Break Legal Ground Meant To Serve Anonymous Hackers
North Korean Hackers Steal NFTs Using Almost 500 Phishing Domains
Reports indicate that the North Korean hackers developed decoy websites impersonating NFT marketplaces, NFT projects, and a DeFi platform. These hackers linked to North Korea’s Lazarus Group are allegedly behind a huge phishing campaign targeting the non-fungible token (NFT) investors – using almost 500 phishing domains to dupe victims. Blockchain security company SlowMist published a… Continue reading North Korean Hackers Steal NFTs Using Almost 500 Phishing Domains
NFT Traders Exploit Crypto’s Unregulated Space By Wash Trading On LooksRare
LooksRare strives to be an alternative nonfungible token (NFT) marketplace to OpenSea. However, the amount of wash trading happening on this platform increases the questions on whether the users view it as a worthwhile competitor. This marketplace made its debut on January 10 and the recently launched NFT marketplace has attracted lots of attention not… Continue reading NFT Traders Exploit Crypto’s Unregulated Space By Wash Trading On LooksRare