OpenSea planned upgrade stalls as phishing attack targets NFT migration

Just yesterday, OpenSea announced a smart contract upgrade, which requires users to migrate their listed NFTs from Ethereum (ETH) blockchain to a new smart contract. As a direct result of the upgrade, users that don’t migrate over from Ethereum risk losing their old, inactive listings — which currently require no gas fees for migration. Major nonfungible token (NFT) marketplace OpenSea has reportedly fallen victim to an ongoing phishing attack within hours after announcing a week-long planned upgrade to delist inactive NFTs on the platform.  However, the urgency and short deadline…

New York Stock Exchange Considering Launch of NFT Marketplace, According to New Trademark Application

The New York Stock Exchange (NYSE) appears to be interested in diving into the world of non-fungible tokens (NFTs). The largest stock exchange in the world filed a trademark/service mark application with the United States Patent and Trademark Office (USPTO) for the “provision of an online marketplace for buyers, sellers, and traders of downloadable digital goods authenticated by non-fungible tokens.” The application also indicates the NYSE is interested in developing “downloadable virtual reality, augmented reality, and mixed reality software,” as well as a “financial exchange of virtual currency in the…

Harmony launches Bored Ape Yacht Club NFT Passport

On Friday, blockchain platform Harmony — whose mainnet runs on the Ethereum network, claiming to have two-second transaction finality and fees 1,000 times lower than Ethereum — announced the launch of its Bored Ape Yacht Club Passport. The Passport enables users to import proof of their apes into DeFi Kingdoms, a play-to-earn game built on the Harmony blockchain with over 120,000 monthly active users. During its initial stages, Ape holders will be able to validate and display their assets in the game across multiple blockchains when they connect their MetaMask…

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Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording Artists – Bitcoin News

The multinational music corporation  Universal Music Group (UMG) announced the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a “dedicated global outlet for future officially licensed NFT projects” for the company’s labels and recording artists worldwide. Curio Platform Will Be Universal Music Group’s Dedicated Global Outlet for NFTs Following the UMG’s non-fungible token (NFT) metaverse music group project featuring four Bored Ape Yacht Club (BAYC) NFTs, the music-based entertainment company has revealed a new partnership with the NFT company Curio NFT.…

Ertha Metaverse Sells Rome NFT for Record $120k – Sponsored Bitcoin News

sponsored Ertha Metaverse looks unstoppable on its path to becoming the industry’s top metaverse. The project is already recognized as having one of the most searched-for tokens in GameFi and at the time of writing, holds a fully diluted market cap in excess of $380 million. Today its developers have announced that a new sales record has been set. Rome no longer belongs to the Romans, but to the buyer who spent $120,000 for the privilege to call one of Europe’s most famous cities their own. Not only do they…

Blockchain community busts alleged $20M NFT drop scam before sale completion

Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how himself, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told by Coffeezilla, a lot of user hype previously existed for a novel crypto project called “Squiggles,”, which had an NFT drop scheduled for Feb. 10. At the time, Squiggles had amassed over 230,000 followers on Twitter. Hours before the anticipated drop, an anonymous user published a 60-page report that alleged…