Fun

News Feed - 2023-07-03 05:07:36

Ezra Reguerra40 minutes agoHalf of stolen NFTs are sold within 3 hours: PeckShieldPeckShield reports that $2.27 million of NFTs were stolen in June, recording the lowest monthly figure for stolen NFTs in 2023.636 Total viewsListen to article 0:00NewsJoin us on social networksA new report from blockchain security firm PeckShield found that half of stolen nonfungible tokens (NFTs) get sold within 160 minutes on various NFT marketplaces like Blur and OpenSea. 


On July 3, PeckShield highlighted several data points on NFTs, including the value stolen in June, how long it takes for stolen NFTs to be sold and which NFT marketplaces are used to sell the stolen assets.


According to the security company, $2.27 million of NFTs were stolen in June 2023, the lowest monthly figure of the year so far. Furthermore, the data shows an 85% decrease compared with February, when the value of stolen NFTs reached a high of $16.2 million.Value of stolen NFT assets in 2023. Source: PeckShield


Apart from the amount lost in NFTs, the blockchain security firm also found that half of the stolen NFTs that they flagged are sold within three hours, suggesting that it doesn’t take hackers long to offload some of their ill-gotten gains.


Meanwhile, Blur and OpenSea have been the go-to marketplaces for selling stolen NFTs. In June, 99.7% of stolen NFTs went to those two platforms, with Blur handling 86% and OpenSea 13.76%.


Related:Yes, the Secret Service has an NFT collection, and no, it’s not for sale


Meanwhile, a decentralized autonomous organization (DAO) comprised of holders of the popular NFT collection Azuki has proposed hiring a lawyer to take legal action against Azuki founder Zagabond. The group aims to get hold of the $39 million worth of Ether (ETH) earned from the recent sales of Azuki’s new collection called “Elementals.”


According to AzukiDAO, allocating the funds to the DAO will promote the growth of the entire Azuki community.


Magazine:4 out of 10 NFT sales are fake: Learn to spot the signs of wash trading# Security# Hackers# Cybersecurity# Hacks# Data# NFTAdd reactionAdd reactionRelated NewsHow to check an Ethereum transactionBitcoin breaks $30,000 and is the center of attention again!5 entry-level machine learning jobsUS Justice Department charges 2 men in Mt. Gox hackAttacker drains $800K from DeFi protocol Sturdy FinanceDeFi protocol Sturdy Finance offers $100K bounty to hacker if funds are returned

News Feed
AI, ETFs will power a decade-long ‘gold rush’ for Bitcoin: Michael Saylor
Brayden Lindrea4 hours agoAI, ETFs will power a decade-long ‘gold rush’ for Bitcoin: Michael SaylorInstitutions will compete to capture as much of Bitcoin’s ever-decreasing supply until the end of 2034 as 99% of Bi
2024-03-04 13:40 PM
Tiago Serôdio11 hours agoWhy traditional marketers fail in Web3: Avoiding these failuresIn the world of Web3, where the tangible often blurs with the intangible, remember this: Your community"s value isn"t just in what
2023-09-06 22:00 PM
Chainalysis and Integra Win $1.25 Million IRS Contract to Break Monero
Chainalysis and Integra Win $1.25 Million IRS Contract to Break MoneroCrypto intelligence firm Chainalysis and data forensics company Integra Fec have won a combined $1.25 million c
2020-10-03 01:35 AM
Iconic Staples Center, Home of Los Angeles Lakers, Changing Name to Crypto.com Arena
Iconic Staples Center, Home of Los Angeles Lakers, Changing Name to Crypto.com Arena Staples Center, one of the most iconic and globally recognized sports and entertainment arenas
2021-11-17 23:30 PM
What the CFTC Chairman Actually Said About Ether Futures and Ethereum 2.0
The Takeaway: CFTC Chairman Heath Tarbert said last month that ether is a commodity, and he expects to see regulated ether futures in the U.S. in the next six months. The ethereum network is expected to transition from i
2019-11-15 17:15 PM
RChain: 3 Lessons Web 3.0 Can’t Afford to Ignore
RChain: 3 Lessons Web 3.0 Can’t Afford to Ignore sponsored There’s a tendency in the tech world to toss out old tech and go all-in on a new replacement. “Oh, don
2022-04-04 08:00 AM
Cryptojacking: A Rising Threat to All Internet Users
Cryptojacking: A Rising Threat to All Internet UsersThe cryptocurrency revolution steadily marches on. While it has yet to completely reshape the financial and other systems of ever
2020-09-27 18:00 PM
Ciaran Lyons6 hours agoFTX court filing reveals former Alameda CEO’s $2.5M yacht purchaseThe payment to the American Yacht Group was disclosed under the category of payments benefiting any insider within one year befor
2023-09-03 11:23 AM
Ezra Reguerra14 hours agoCronos Labs begins recruitment phase for $100M accelerator programCronos tapped Google Cloud, Amazon Web Services, CertiK, PeckShield and various other firms to participate as mentors in the acce
2023-09-05 18:57 PM
Bitcoin’s range-bound price action could kickstart BNB, TON, AAVE and HNT
Rakesh Upadhyay1 hour agoBitcoin’s range-bound price action could kickstart BNB, TON, AAVE and HNTBitcoin’s price consolidation could convince traders that it"s time to play with altcoins. BNB, TON, AAVE and HNT are
2024-08-20 07:30 AM
Derek Andersen2 hours agoExchanges federation touts crypto trading regulation, integration with TradFiThe World Federation of Exchanges, whose members handled $140 trillion in trades in 2022, has some concerns as its mem
2023-09-29 06:39 AM
100,000 Micro Bitcoin Futures Trade on CME Exchange in First Six Days
100,000 Micro Bitcoin Futures Trade on CME Exchange in First Six Days More than 100,000 micro bitcoin futures traded on CME in the first six days since launch, t
2021-05-12 08:05 AM