The South Korean province of Gyeongbuk has announced plans to use Web3 technology to expand its economic relations with Vietnam.
In a December 19 announcement, the province’s governor, Lee Cheol-woo, said that the metaverse project would focus on “increasing people-centered, commercial, cultural and economic contacts with Vietnam”.
In June, the province announced it would invest $13.8 million to establish itself as a metaverse innovation hub in hopes of growing the local economy..
South Korea has been very active in metaverse development since early 2022 and aims to become the fifth most metaverse-ready country in the world.. It has earmarked $186.7 million to create a comprehensive metaverse platform known as the Expanded Virtual World.
14 Bored Apes Stolen in a Phishing Scam
A cybersecurity analyst who goes by the name of Serpent has detailed in an extensive post posted on Dec. 17 how a scammer allegedly stole 14 non-fungible tokens (NFTs) from Bored Ape Yacht Club (BAYC) through a month-long social engineering scam.
The analyst claimed that The scam started when the victim was asked to license the intellectual property rights to the apes, and the scammer claimed to be “a casting director working for ‘Forte Pictures,'” on an NFT-related movie called Return of the weather. Serpent said the alias used by the alleged scammer was fake, even though Forte Pictures is a real company (and not implicated).
Using a fake website, fake pitches, legal contracts, and other elaborate subterfuges, including Twitter Spaces to build credibility, the scammer offered an offer for NFTs and directed the victim to a fake NFT platform where they were asked to “sign the contract” which is where the wallet drain occurred.
“The scam’s webpage displayed a Seaport signature without gas, which he claimed he needed to sign the license. However, the signature actually created a private package listing of all BAYCs from the victim to the scammer for 0.00000001 ETH.” Said Serpent.
“The scammer’s wallet, funded by Secret Network, ran the matching orders feature to complete the private sale. The scammer then accepted the highest WETH bids across all NFTs, then turned the 852.86 WETH into 1.07 million of DAI,” added analyst.
10/ A few notes to take:
– Understand what you’re signing, don’t blindly sign random signatures/transactions
– Don’t sign Seaport signatures outside of OpenSea
– Don’t trust new/random platforms
– Use multiple wallets (Hot, cold, hardware)
– Always confirm authenticity/identities
—Serpent (@Serpent) December 17, 2022
10/ Some notes to keep in mind:
– Understand what you are signing, don’t blindly sign random signatures/transactions.
– Do not sign in Seaport outside of OpenSea.
– Do not trust new or random platforms.
– Use multiple wallets (hot, cold, hardware)
– Always confirm authenticity/identities
Manchester United launches an NFT collection
Manchester United Football Club has launched its first NFT collection on the Tezos blockchain.
According to the collection’s website, the initial launch was free, requiring only fans to log in using their Tezos wallets to claim an NFT.
The wait is over!
Get United’s first digital collectible! unlock now
— Manchester United (@ManUtd) December 16, 2022
The wait is over! Get your hands on United’s first digital collectible! Unlock it now. Based on @Tezos and brought to you by companies in the Tezos ecosystem. #MUFC #CollectUnited
The NFTs were divided into three groups based on their rarity – Classic, Rare and Ultra Rare – and distributed to subscribed fans randomly..
Each NFT acts as a key that offers access to contests, entries, content on Discord and the opportunity to join the new virtual world of the club.which will be released at a later date.
Trump’s NFT Collection
Social media sleuths are wondering if Donald Trump’s NFT collection project plagiarized images from other sources.
On December 15, the former US president unveiled a collection of 45,000 NFT trading cards, in which he appeared in golfing, hunting or superhero outfits..
In the days after the NFTs were published, some Twitter users performed reverse image searches on Google and discovered similarities between the NFTs and images from other sources.such as Amazon and Shutterstock.
In one example, Matthew Sheffield, a self-described right-wing media operative, compared a Trump NFT in waders and a rifle in hand to a very similar set of waders from a hunting clothing company..
Trump’s NFT of him pretending to be a hunter (something he would not be caught dead doing in real life) seems to be derived from this wader set https://t.co/OepeYADNB6 pic.twitter.com/cJ8sxDu5m2
—Matthew Sheffield (@mattsheffield) December 16, 2022
Trump’s NFT where he pretends to be a hunter (something he wouldn’t do dead in real life) seems to stem from this set of wellington boots https://t.co/OepeYADNB6 pic.twitter.com/cJ8sxDu5m2
More Nifty News:
Amazon’s New NFTMe Series Explores NFT Culture and Disruption Around the World; artists, collectors and industry professionals from around the world share their experiences with NFTs and how the fusion between art and technology has positively affected their daily lives.
The artist and founder of the NFT Lucky Ducky Family Collection, Jeremy Fisher told Cointelegraph that NFTs are a great tool for general mass adoption and teaching newcomers to the space, including younger generations..
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