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NFT

Blockchain Technology at the core of Maldives Digital Transformation3

Wert and Avata launch NFT warranty service

In response to the growing need for digital asset protection, web3 payment provider Wert and insurtech service Avata have introduced a groundbreaking NFT warranty service designed to safeguard collectors’ investments against smart contract hacks. In the first quarter of 2023, the web3 domain experienced a series of cyber attacks, with hackers exploiting more than $320 […]
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Celebrity marketer Raichu accused of over 50 NFT scams

Celebrity marketer Raichu, who has collaborated with several celebrities and influencers, has been accused of participating in numerous rug pulls and pump-and-dump operations.  According to a recent Twitter thread by @ZachXBT, Raichu has been connected to over 50 instances of fraud that cost investors millions of dollars. Raichu allegedly collaborated in various scams Raichu is […]
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Blockchain Technology at the core of Maldives Digital Transformation2

OpenSea Pro launches for professional NFT traders

OpenSea unveils OpenSea Pro, a sophisticated marketplace designed to cater to the growing market of professional NFT traders and compete with rivals like zero-fee platform Blur. OpenSea, a prominent NFT marketplace, has announced the introduction of OpenSea Pro, an advanced trading platform designed for professional NFT traders. The move follows the rapid growth of competing […]
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Pussy Riot’s Tolokonnikova wanted in Russia for ‘offensive’ NFT

In a gripping development, Russia’s Interior Ministry has reportedly added Nadya Tolokonnikova from Pussy Riot to its list of wanted persons. The specific criminal offense prompting this action remains unclear. However, earlier this year, Russian authorities initiated an investigation into Tolokonnikova for “insulting the religious feelings of believers” – an act now carrying criminal consequences […]
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UK government not going forward with NFT issuance

The government of the United Kingdom has dropped plans to issue a non-fungible token (NFT), which was first proposed in April 2022 and scheduled for issuance in June 2022.  The United Kingdom’s Economic Secretary to the Treasury, Andrew Griffith, said the Royal Mint had canceled plans to launch a government-backed token. Griffith’s statement was in […]
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