GameStop looks toward the launch of the NFT marketplace After a significant loss in the fourth quarter
The Immutable X NFT marketplace transaction is expected to earn the company $150 million in IMX tokens following “achievement of certain milestones,” according to the firm. After sustaining a net loss of $147.5 million in Q4 2021, the much-loved retail video GameStop chain GameStop (GME) is looking forward to its long-awaited NFT marketplace and Web3 gaming unit. […]
Meta Sued By Australian Competition Regulator Over Fake Crypto Ads
Unapproved or endorsed “scam” advertisements featuring notable Australian people such as entrepreneur Dick Smith, TV host David Koch, and former NSW premier Mike Baird were identified by the ACCC. The Australian Competition and Consumer Commission (ACCC) has filed a Federal Court complaint against Meta Platforms, Inc. (previously Facebook), saying that the company and its Irish […]
Rare Bears Discord Phishing Attack Steals $800K In NFTs
In the attack, a non-fungible token (NFTs) project moderator’s account was hacked, and a phishing link was posted, draining user wallets. Rare Bears, a newly formed NFT project, was targeted by a hacker who used a phishing link in the group’s Discord channel to steal approximately $800,000 in NFTs. The attacker was able to steal […]
Coinbase Wallet Adds Support For Solana Network
Coinbase wallet adds support for Solana, as it also aims to support NFTs and dApps on the blockchain in the future. Coinbase wallet, the digital wallet for the leading cryptocurrency exchange in the United States, will now give wallet support to Solana (SOL) and its ecosystem of Solana coins. Coinbase claimed a surge in interest […]