© 2022 CyberNews - Latest tech news,
product reviews, and analyses.

If you purchase via links on our site, we may receive affiliate commissions.

Crypto

Scammers drain crypto wallets after urging victims to 'invest big' in liquidity mining

Criminals behind the liquidity mining scams obscure the reality with fake applications and phony profit reporting, leaving gullible victims with empty pockets.
Read more about Scammers drain crypto wallets after urging victims to 'invest big' in liquidity mining

Know your NFT dealer, urges cybersec analyst

A cybersecurity provider has called for finance-style know your customer (KYC) regulations to be introduced to the non-fungible token (NFT) market, warning that lack of oversight is leaving the digital art industry vulnerable to fraud and other scams.
Read more about Know your NFT dealer, urges cybersec analyst

Nexo launches the first crypto-backed payment card

Nexo - a platform that allows users to store digital assets, has announced the launch of its first "crypto-backed" payment...
Read more about Nexo launches the first crypto-backed payment card

Metaverse can be an antidote to toxic social media culture, says web pioneer

1
The future of the metaverse – or Web 3.0, as it’s also known – is hard to predict at best. Some are hailing it as a more level playing field for everyone from gamers to investors, but others see it as a potentially dangerous stomping ground for cybercriminals and other bad actors.
Read more about Metaverse can be an antidote to toxic social media culture, says web pioneer

Ronin robbed of $625m in digital funds

The blockchain network says it has been breached, to the tune of $625 million worth of dollar-pegged stablecoins and Ethereum (ETH) cryptocurrency.
Read more about Ronin robbed of $625m in digital funds

How much are you willing to spend not to be homeless in the metaverse?

I don't need to own land in the metaverse to explore its games, events, and other attractions. But many people choose to buy digital real estate, whether to grow their business or host private events.
Read more about How much are you willing to spend not to be homeless in the metaverse?

The multiverse is here: why own land when you can own a whole metaverse?

The Digital Village is selling NFT and parcels as independent metaverses. Thousands of independent, fully interoperable metaverses will form a multiverse.
Read more about The multiverse is here: why own land when you can own a whole metaverse?

Crypto crooks want more than just a bit of your coin, warns FBI

The amount of cryptocurrency reported as being used in online crime increased sevenfold in one year, despite an overall dip in complaint numbers, according to data from the Bureau.
Read more about Crypto crooks want more than just a bit of your coin, warns FBI

NFT vending machine owner is excited for the hype to die down

Neon, a company that made headlines by introducing the first NFT vending machine, is excited for the hysteria on the NFTs to cool off.
Read more about NFT vending machine owner is excited for the hype to die down

The god of NFTs loves a trier – or so Time hopes

Unfazed by its NFT debut debacle last year, Time magazine will now make an entire issue available on the blockchain.
Read more about The god of NFTs loves a trier – or so Time hopes

Serena coach launches NFT club

Patrick Mouratoglou has started an exclusive club, called “THE COACH”, and you’ll need a non-fungible token (NFT) to get in.
Read more about Serena coach launches NFT club

Why it took this Obama artist nine months to debut his NFT

While some opportunists are jumping on the NFT train for a quick cash grab, creators like Paul Gerben see a long-term value in token-based art, pushing technology providers towards more sustainable solutions.
Read more about Why it took this Obama artist nine months to debut his NFT

Not for love nor money: dating app crypto thieves hold on hard to stolen loot

Threat actors behind a cryptocurrency trading scam targeting mobile phone users through dating sites have tightened their grip on ill-gotten gains, freezing victims’ accounts when they try to pull out funds, says fresh research by Sophos.
Read more about Not for love nor money: dating app crypto thieves hold on hard to stolen loot

This company is designing digital frames for NFT art

Digital art sales are in an eclipse to surpass the fine art trade. I interviewed a company looking to tap the NFT art market by making frames.
Read more about This company is designing digital frames for NFT art

Putin’s crypto war chest? US Senate points to DeFi hole in Western sanctions

The US Senate has expressed grave concerns that the cryptocurrency market could hinder efforts to stifle Russia’s economy in the wake of its invasion of Ukraine, in an open letter to the Treasury.
Read more about Putin’s crypto war chest? US Senate points to DeFi hole in Western sanctions

Russians spooked by sanctions turn to crypto

As the ruble plunges to record lows amid swingeing sanctions imposed on Russia by the West, ordinary citizens are forsaking the national currency for a stablecoin currency pegged to the US dollar.
Read more about Russians spooked by sanctions turn to crypto

Paris to host Europe’s largest NFT-focused event

Crypto, NFTs, and metaverse are the latest buzzwords, and companies worldwide are looking for ways to tap the market.
Read more about Paris to host Europe’s largest NFT-focused event

Why swindle women online when you can just issue an NFT?

The Tinder Swindler – an infamous conman who used fake digital identities and bogus websites to seduce women and scam them out of millions – has released his own line of NFTs in a bizarre twist on blockchain’s growing appeal to criminals.
Read more about Why swindle women online when you can just issue an NFT?