An influential NFT user claims to have lost a “life-changing amount” of his net worth in non-fungible tokens (NFTs) and cryptocurrencies after accidentally downloading malware found through a Google ad search. A pseudonymous influencer known on Twitter as “NFT God” posted a series of tweets on 14 January describing how his “entire digital livelihood” was...
Despite the backlash from gamers faced traditional gaming companies putting their money into non-fungible tokens (NFTs), executives in the NFT gaming industry are hopeful that more traditional gaming firms will enter the market this year. Gameplay improvements are key to blockchain gaming adoption in 2023, according to a report from the Blockchain Game Alliance. A...
Amazon Web Services (AWS) is partnering with Ava Labs, the Avalanche Layer 1 blockchain company, to help scale blockchain adoption across enterprises, institutions and governments, the two firms told TechCrunch exclusively. Avalanche is a blockchain optimized to support NFTs, Web3 games and a unique technology it calls ‘subnets’ that act like custom blockchains built on...
Mastercard has announced a partnership with Polygon as part of a Web3-focused incubator programme. The financial services company wants to support musical artists looking to harness the power of the digital economy with the tools they need to succeed. “The core of this programme is providing emerging artists with the Web3 tools and skills they...
Exhibitors at CES 2023 in Las Vegas are testing the OVR Technology ION 3 device, which enriches the virtual experience with aromas and, according to the company, opens up new opportunities in the field of healthcare. OVR’s new next-generation wearable device, previously only available to corporate customers, will be equipped with fragrance tools that will...
The Netherlands has topped the list of countries most ready for the metaverse in a new survey. The study, carried out by Uswitch, took into account many factors, including broadband speed and the number of blockchain startups in a given country. The top 10 also includes countries such as Malta and the United Kingdom, which...
The Web3 browser Opera has announced a new set of security tools designed to help users mitigate the general risks associated with malicious attacks in the Web3 ecosystem. Web3 Guard is a set of browser security features that promises to protect users from malicious decentralized applications (DApps), passphrase phishing attacks, and malicious users. The security...
Nillion startup developers have successfully closed a $20-million funding round. The co-founders are busy building the Web3 platform, which will be based on a decentralized network without blockchain. The round was led by venture capital funds, Distributed Global, as well as AU21, Big Brain Holdings, Chapter One, GSR, HashKey, OP Crypto and SALT Fund. More...
As the digital world becomes more advanced, scammers are inventing new and sophisticated ways to trick Web3 users into stealing their assets. Smart contract forgery, phishing websites, airborne scams and spamming are just some of the dangers one has to face while browsing the Web3 space. In 2022, more than $1.6 billion in cryptocurrencies went...
