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South Korea invests 187 million dollars in metaverse

01.03.2022

The South Korean Ministry of Science and ICT pledged “full-fledged support for the creation of an expanded virtual world ecosystem (Metaverse)” in a press release on Feb. 27, 2022. This project is to be funded with the equivalent of around 187 million US dollars.
The domestic digital economy is to be strengthened and made globally competitive. Among other things, a Metaversum development competition and a hackathon are to be organized.

Filed Under: News

Phishing attack at OpenSea

21.02.2022

According to various media reports, OpenSea users lost hundreds of NFTs in a hacker attack. The source of the attack was initially unclear.

OpenSea CEO Devin Finzer responded via Twitter, “As far as we can tell, this is a phishing attack. We don’t believe it’s connected to the OpenSea website. It appears 32 users thus far have signed a malicious payload from an attacker, and some of their NFTs were stolen.”

The stolen NFTs had a worth of 1.7 million US Dollars, according to Finzer.

Filed Under: News

Alfa Romeo uses NFT

17.02.2022

Car manufacturer Alfa Romeo will soon using the NFT technology too. “The NFT initially contains the manufacturer’s data such as equipment, colour and vehicle version. During use or at the time of sale, customers can also create another NFT that provides information on usage data such as mileage, driving cycles or even battery status.” according to BTC-Echo.

The NFTs would be stored in a wallet of a special cloud, so that NFTs of several vehicles of one owner can also be stored. A mobile app enables the creation of an NFT. A company spokeswoman of the parent company Alfa Romeo told BTC-Echo.

The NFT market thus seems to be taking its first steps beyond the art world.

More.

Filed Under: NFT Art

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