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“# Nifty News: Rarible fixes bug, real home and virtual twin auction, Mega City in The Sandbox ” NFT marketplace Rarible temporarily cancelled orders from OpenSea and sent a series of tweets today outlining how it plans to help combat what it called “risky sale orders” on OpenSea with a new order management tool. The…
“#Letters to the Editor — Jan. 1, 2021” The Issue: Incoming city Comptroller Brad Lander taking an NYPD security detail. As of Dec. 26, The Bronx has endured a 35 percent increase in murder, an 11 percent increase in rape, a 14 percent increase in robberies, a 6 percent increase in felony assaults, 13 percent…
“# OpenSea freezes $2.2M of stolen Bored Apes ” NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator. In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at…
“#Hy-Vee unveils armed ‘retail security team’ amid theft surge” Customers at the Midwest grocery chain Hy-Vee will soon encounter armed security guards while shopping at stores in light of the recent surge in retail thefts. The Iowa-based retailer unveiled plans Wednesday for the launch of a retail security team to operate at stores across eight…
“# What is a honeypot crypto scam and how to spot it? ” What is a crypto honeypot and why is it used? Smart contracts programs across a decentralized network of nodes can be executed on modern blockchains like Ethereum. Smart contracts are becoming more popular and valuable, making them a more appealing target for…
“# Indian trade group recommends ‘special class security’ status for crypto ” The Confederation of Indian Industries (CII), a non-government trade association and advocacy group, has proposed to treat cryptocurrencies as securities of a special class. The trade association released a report titled “Cryptocurrencies, Crypto Tokens/Assets & Regulations: The Way Forward” where it advocates for…
“# Finance Redefined: Two DeFi hacks top $120M, and $500M Algo Fund launches, Nov. 26–Dec. 3 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. A week packed with positive advancements in the DeFi space including nine-figure fund raises, successful product launches and soaring token prices was somewhat tarnished by the news of…
“# Crypto lending firm Celsius reportedly affected in BadgerDAO exploit ” Cryptocurrency lending platform Celsius has reportedly lost over $50 million in the exploit of decentralized finance (DeFi) protocol BadgerDAO. As reported by Cointelegraph on Dec. 2, the attack targeted the protocol on the Ethereum network, reaping an unconfirmed $120 million in assets. According to…
“# Blockchain security firm CertiK approaches unicorn status following $80M raise ” Global blockchain security firm CertiK has concluded an $80 million investment round backed by some of crypto’s biggest venture funds, putting the company on track to reach the lofty $1 billion valuation mark in the foreseeable future. The Series B2 investment round was…
“# Deterring adoption? Balancing security and innovation in crypto ” The cryptocurrency space moves rapidly, so much so that every year, there’s a new trend: from initial coin offerings (ICOs) to nonfungible tokens (NFTs) only a few years have passed. In the face of such astounding innovation, crypto companies and regulators face a growing challenge:…