“Like all other investors in Beanstalk, we lost all of our deposited assets in the Silo, which was substantial,” the founders said.
The US government has detailed how North Korean state-sponsored attackers have been hacking cryptocurrency firms using phishing, malware and exploits to steal funds and initiate fraudulent blockchain transactions.
The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the U.S. Treasury Department (Treasury) have issued a joint cybersecurity advisory to warn all businesses in cryptocurrency to watch out for attacks from North Korean state-sponsored hackers.
MetaMask has published a warning for their iOS users about the seeds of cryptocurrency wallets being stored in Apple’s iCloud if app data backup is active.
MetaMask is a “hot” cryptocurrency wallet used by over 21 million investors to store their wallet tokens and manage their digital assets.
In cryptocurrency lingo, a seed is a secret recovery phrase consisting of 12 words that protect access to the wallet’s content.
Payments company Mastercard has applied for at least 15 crypto-and metaverse-related trademarks, according to data from the United States Patent and Trademark Office payments giant Mastercard filed 15 cryptocurrency, metaverse and NFT related trademark applications on April 4th.
Mastercard’s applications include trademarks for virtual cards and payments in the metaverse, an application to create NFTs, an NFT marketplace, as well as a marketplace for crypto assets in general.
“Provision of an online marketplace for buyers and sellers of downloadable digital goods and media authenticated by non-fungible tokens (NFTs),” one of Mastercard’s applications, serial number 97,346,029, read.
The metaverse will become the most popular place to buy, sell, and trade cryptocurrency, according to a recent survey. In addition, 70% of respondents agreed that “cryptocurrency and blockchain technology advancements will be critical to shaping the future of the metaverse.”
Survey: Metaverse Will Be the Most Popular Place for Crypto
Nasdaq-listed Agora (NASDAQ: API), a video, voice, and live interactive streaming platform, conducted a survey on the metaverse and published the results Tuesday.
And tells us how to get there. With a stream of big names revealing their intent to be a part of this upcoming digital world, the metaverse could be a $13 trillion industry by 2030, Citi Bank said in its report.
JP Morgan Chase has become the first bank in the world to set up shop in the metaverse. Its new office is located in the Metajuku Mall in Decentraland, a popular platform for buying real estate in the digital realm, Fortune reported.
Even as technology giants such as Meta and Microsoft are figuring out ways in which they want to build up their versions of the metaverse, real estate in other metaverse platforms are selling like hotcakes. 2021 was the best year in terms of sales valuation for metaverse so far and the numbers are expected to double in 2022. Interestingly, this is all playing out on platforms like Decentraland and Sandbox and JP Morgan wants in.
Continue reading “Metaverse will become a $1 trillion market opportunity, says JP Morgan” »
Hackers using a “complex and powerful” malware loader with the ultimate objective of deploying cryptocurrency miners on compromised systems.
Researchers have uncovered a new malware campaign spreading Mars info-stealer via Google ads.
Almost everyone is familiar with these terms, but not everyone knows what they really are.
Unless you’ve been living under a rock for the last few years, or live in some remote location on Earth, chances are you’ve heard the terms cryptocurrency and NFT. But, in your heart of hearts, do actually know what they are?
If not, then we highly recommend spending a few minutes of your day disentangling these commonly quoted terms. Your very future may, or may not, depend on it! you’ve ever wanted to know the difference between NFTs and cryptocurrencies, then we recommend you check out this brief guide.
