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” CertiK shares security tips following third BAYC security compromise in six months “ On June 4, the popular nonfungible token, or NFT, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether (ETH) ($250,000) worth of NFTs was stolen after hackers gained access to the Discord account of a…
” Hong Kong’s Securities and Futures Commission warn of nonfungible token risks “ On Monday, Hong Kong’s Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote: “As with other virtual assets, NFTs are exposed…
” Corporate evolution: How adoption is changing crypto company structures “ Crypto-focused companies have come a long way since their beginnings in terms of corporate structure, employee motivation, decision-making systems, compliance and other aspects of their operations. While the early 2010s saw startups founded by small groups of crypto enthusiasts, the space has since grown…
” ‘CBDCs are the natural evolution,’ says HyperLedger director Barbosa “ For Daniela Barbosa — general manager of blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger — digital currencies and cryptocurrencies have made it among the big banks at the World Economic Forum in Davos. In an interview with Cointelegraph…
” Crypto 401(k): Sound financial planning or gambling with the future? “ In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one’s savings for the future. A 401(k) is a retirement savings…
” New York’s push to ban crypto mining triggers response from community “ As the state of New York pushes forward a bill that will ban proof-of-work (PoW) mining once approved, members of the crypto community express their disagreement through social media. In a Twitter thread, Jake Chervinsky, the head of policy at Blockchain Association,…
” Purrfect match: The story of a young girl’s love of cats and NFTs “ For all the cynical narratives that circulate the mainstream zeitgeist perceiving nonfungible tokens (NFTs) as little more than means of inflating capitalistic principles, every so often projects emerge that disprove those absolute assumptions, and serve as reminders of the essence,…
” Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade “ Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform proceeding with a major anti-cheating upgrade. Stepn took to Twitter on June 5 to report that the platform has suffered a number of DDoS attacks causing recovery maintenance…
” Remote roles in blockchain offer flexibility for women: Alien Worlds co-founder “ Saro McKenna, the co-founder of nonfungible token game Alien Worlds and CEO of blockchain consulting firm Dacoco, shared perspectives and personal experiences regarding inclusivity within the blockchain industry in an interview with Cointelegraph. Having experienced other male-dominated industries, McKenna shared how she…
” MetaBrewSociety to offer voting rights over a brewery via NFTs and DAO “ Munich-based MetaBrewSociety (MBS) will soon offer voting rights on the business decisions of a physical brewery via nonfungible tokens (NFTs) and a decentralized autonomous organization (DAO). The MBS was formed in February this year by a group of beer-loving NFT investors…