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Showing posts with the label web3

JPEG’d warns of phishing attack months after Curve hack

NFT protocol JPEG’d alerted community members to malicious actors targeting holders of its token as phishing scammers continue to target crypto and DeFi operators.  The P2P non-fungible token (NFT) lending platform JPEG’d posted a notice on X following numerous complaints from users citing phishing campaigns and a booby trap revocation tool. These services are typically employed by web3 users to clear out access previously given to decentralized applications. Bad actors launched a number of malicious platforms mimicking genuine services per the update from JPEG’d. The goal is to secure transaction approval before draining NFTs and digital assets in the wallet.  It has come to our attention that scammers are targeting $JPEG holders claiming false approvals on phishing contracts and linking to a malicious revocation tool. The current name they go under is "Trojansec". Please do not interact with them or any contract that you are unsure… — JPEG'd (@JPE...

Announcements in the web3 era: How your start-up can get real attention | Opinion

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It may be a crypto winter, but web3 projects are still churning out important announcements — from funding to partnerships to acquisitions. But the clamor for attention during pivotal announcements escalates, and the spotlight both online and from the media doesn’t swivel your way by chance. It demands a meticulously crafted public relations strategy — one that not only bellows your message across the digital vastness and vibes with the decentralized, community-driven ethos of web3. You might also like: The advances in technology turning blockchain mainstream  | Opinion And there is an art and science to leveraging PR to amplify web3 announcements, ensuring a project’s voice cuts through the digital babel. While I always suggest hiring a PR firm, the truth is that a lot of projects don’t have $5,000 – $1...

How tokenization is benefiting game developers and players alike

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Crowdfunding has been a popular option for game developers looking to launch projects — but as the market gets saturated, tokenization is becoming a compelling alternative. Tokenization platform Brickken is holding a competition for indie developers — allowing them to raise capital, attract a new audience of engaged player s and accelerate their projects. For years, crowdfunding has been the go-to for game builders looking to make a splash and secure investment for their big idea, and it continues to enjoy significant demand within the game industry. Statistics from Kickstarter reveal that gaming is still the most popular category for crowdfunding campaigns. A total of 80,163 projects have launched after securing $2.27 billion in investment. But gaining traction and achieving milestones has gotten more complicated as the market reaches saturation — with even the most promising titles struggling to stand head and shoulders above the competition. This is where tokenization comes into p...

Grab introduces web3 services, partners with MAS for NFT vouchers

Grab, a leading super-app in Southeast Asia with functions ranging from ride-hailing to food delivery, has recently integrated web3 services into its platform, including the offering of NFT vouchers in partnership with the Monetary Authority of Singapore (MAS). As of Q3 2023, the app reportedly had over 34.9 million monthly active users and operates in more than 500 cities. One feature of this update lets users easily create web3 wallets within the app. Moreover, users can earn rewards, making it an attractive choice for those keen on the expanding world of decentralized finance (defi). BREAKING: Grab (taxi, food delivery, payments app) adds a web3 tab with an integrated crypto wallet pic.twitter.com/NRuDsQT9dE — jay (@0xjaypeg) September 7, 2023 Furthermore, Grab is pioneering the integration of non-fungible tokens (NFTs) into everyday consumer experience. The app now allows users to make payments using NFTs, a significant move toward the mainstream adoption of these dig...

Researchers develop blockchain verification service for cultural artifacts

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A combination of human expertise, NFTs and blockchain technology could help humanity protect its priceless artifacts from theft and looting. Computer scientist Adel Khelifi, of the University of Abu Dhabi, and archaeologist Mark Altaweel, from University College London, recently announced the development of a Web3-based verification-as-a-service model for determining and recording the authenticity and provenance of cultural artifacts.  Called Salsal, the big idea behind the service is to bridge the world of historical artifacts with an on-chain validation system that can’t be fudged or cloned. In an email interview with Cointelegraph, Altaweel said Salsal would be offered specifically to “ cultural heritage organisations.” Related: TemDAO world heritage project helps cultural sector through democracy-fueled donations There currently exists no official globally recognized registry for items of historical significance. Despite this, most territories have laws governing the procurement...

University students reveal new Web3 solutions at ETHDenver 2023

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Students showcased new Web3 solutions focused on enabling better user experience, privacy and security at ETHDenver 2023. Thousands of attendees recently gathered at Denver’s National Western Complex for ETHDenver 2023 to learn about the current and future cryptocurrency ecosystem.  John Paller, founder and executive steward of ETHDenver, told Cointelegraph that 15,000 ticketholders attendedr ETHDenver’s main event. While ETHDenver attracted a diverse crowd, many students from leading universities attended the event, showcasing new solutions to advance the crypto and Web3 sector. Devs focus on UX, security and privacy Gil Rosen, president of the Stanford Blockchain Accelerator — a program that connects Stanford University students and alumni founders in the Blockchain space — told Cointelegraph that he believes current Web3 Technology platforms are generally non-performant. “These platforms often lack privacy preservation, are extremely challenging to develop on (especially complex...