[ad_1] Pump-and-dump operations, which fraudulently manipulate prices by disseminating false information, have existed in economic contexts since at least the 1700s. For instance, con artists with shares in the South Sea Company started making false statements about the business and its revenues in the beginning of the eighteenth century. The plan was to inflate the stock price artificially before selling it to uninformed consumers misled into thinking they were investing in a promising good. Contemporary con artists are following their example with a pump-and-dump strategy known as the South Sea Bubble. However, with the advent of blockchain technology and the…
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[ad_1] Major developer platform GitHub faced a widespread malware attack and reported 35,000 “code hits” on a day that saw thousands of Solana-based wallets drained for millions of dollars. The widespread attack was highlighted by GitHub developer Stephen Lucy, who first reported the incident earlier on Wednesday. The developer came across the issue while reviewing a project he found on a Google search. I am uncovering what seems to be a massive widespread malware attack on @github. – Currently over 35k repositories are infected– So far found in projects including: crypto, golang, python, js, bash, docker, k8s– It is added…
[ad_1] In the first half of 2022, market participants spent ETH 963,227, worth about USD 2.7bn, on non-fungible token (NFT) minting on the Ethereum blockchain, with 50.7% of the raised crypto staying with NFT projects, and the remainder circulated to non-entity wallets, according to a report by blockchain data and analytics platform Nansen. At the same time, the volume of the raised ETH circulating to non-entity wallets decreased from the 52.3% reported 11 months ago to 45.7%. Source: nansen.ai Cumulatively, Nansen said, the top five NFT collections that raised ETH through minting accumulated some ETH 81,364. This was an estimated…
[ad_1] TOTHEMOON will airdrop Item NFTs to holders of Waxing Crescent Phase Character NFTs, with a wallet snapshot taking place at 6pm (UTC) on August 5. Holders must delist these Character NFTs from all marketplaces prior to the snapshot in order to be eligible. Item NFTs will be distributed according to the following: Cryptonaut = 1 Item NFT Moon Trainer = 2 Item NFTs Moon Creature = 3 Item NFTs Moon Baby = 4 Item NFTs TOTHEMOON is a strategic community-building NFT game built on Neo N3 where collectors engage with the moon-themed metaverse. The TOTHEMOON team is establishing this…
[ad_1] MarqVision, a startup that detects and removes counterfeit products using AI, announced Tuesday that it raised $20 million in Series A funding. Investors in this round include DST Global Partners, Atinum Investments, Softbank Ventures, Bass Investment and Y-Combinator, according to a release sent to The Block. MarqVision’s counterfeit detection spots counterfeit items for not only physical items but non-fungible tokens (NFTs) on over 1,500 online marketplaces. Thefts, plagiarism and fakes regarding NFTs are a frequent subject of complaints on crypto Twitter and are often seen on the world’s largest NFT marketplace, OpenSea. With this new funding round, MarqVision intends…
[ad_1] Solana’s (SOL) leading NFT marketplace Magic Eden has announced that it will now support Ethereum (ETH) NFTs on its platform, according to a press release shared with CryptoSlate. The platform stated that it plans to provide multichain solutions for NFT collectors and creators and has launched several tools to make that possible. These include Magic Eden List for whitelist and targeting audience, Magic Eden Launchpad with ETH/SOL compatibility, and Magic Eden Drop Calendar. In addition, the platform intends to launch more cross-chain trading analytics tools soon. According to the press release, the first cross-chain NFT collection EZU will be…
[ad_1] Nansen, one of the industry’s leading blockchain data and analytics platforms, released a report Tuesday detailing the flow of Ethereum raised through NFT mints in 2022. The “NFT Sales: Where did the ETH go?” report builds on Nansen’s 2021 study, which revealed that most funds raised through NFT mints “were moved into non-entity wallets.” “NFT creators are now retaining funds and reinvesting them back into the ecosystem, pointing to a shift towards becoming more mature and conscientious builders.” Nansen reviewed collections with sales volume above 20 ETH within the first six months of 2022. In its analysis, the data…