Doubling Down on NFT Security 🛡️


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Metaversal is bankless newsletter Weekly level-ups for NFTs, virtual worlds and collectibles

Dear country without banks

Kevin Rose, co-founder of Proof Collective and projects such as Moonbirds, was tragically hacked this week.

He was tricked into signing a bad deal that looked legitimate. At that point, the hacker was able to swipe dozens of Grail NFTs from his one in his wallet.

This episode is a sadly stark reminder that in this nascent cryptocurrency frontier, one mistake can be enough to give hackers what they need.

Good news?there is teeth The field of resources people can use to prevent the theft of this type of NFT is expanding.

In next week’s Bankless Tactic Tuesday post, we’ll be publishing a guide on how to double down on these security tools. In the meantime, stay vigilant. Thanks for reading, everyone. Have a great weekend ✌️

-WMP

👉 Across.to is the bridge you deserve!

The cumulative market cap of the NFT space is 8.8 million ETH, or about US$14.2 billion, up 6% week-on-week. At a time when many mainstream critics are writing off NFTs as completely dead, the economy of digital things on Ethereum continues to thrive.

Unsurprisingly, with all the attention, Sewer Pass Access NFT dominated the weekly volume stats. Dookey Dash by Yuga Labs Skill-based mint competition.We also saw a very strong volume The Memes Collection by 6529has become an iconic series to watch in 2023.

This week, OpenSea once again topped Blur with a decisive lead. Statistically, X2Y2 is currently firmly in his third place, and LooksRare is his fourth.

There were more major Yuga Labs deals this week. One was a BAYC sale and the other was an Otherdeed sale, both purchases of which he was worth about US$240,000 or more in ETH. This week, Fidenza, the pinnacle of the Art Blocks ecosystem, made the top three with his £145 resale.

Released last week by Yuga Labs as a free bill for BAYC, MAYC, and BAKC owners, the Sewer Pass access NFT has people cramming in to try out the related Dookey Dash game, guessing what Sewer Pass is. So experienced a trading frenzy. NFT evolves into.The collection already has him making over £24,000 in transactions and that Top NFT We’ve already hit the lowest price of nearly £8.

  • BarraganA generative art series by Sapir Cohen, Balagan’s amazing blocky aesthetics, and backing from gm.studio make this an inviting drop.Pre-order mint starts January 28th

  • night runDeveloped by the creators of Terraforms, Night Run is a cross between conceptual art, hypnotic music and a procedurally generated city driving game.Pre-sale minting will begin today, with a potential public sale starting January 28, if remaining supply permits.

  • nyan balloon — Launched by Nyan Cat creator Chris Torres, Nyan Balloons, a color-changing experiment with bake-to-redeemable NFTs, doesn’t disappoint when it comes to cuteness.

1. underground On how to trade NFTs based on market momentum:

2. GameFi Guide On how to start playing The Beacon:

3. Ian Rogers Security tips for Ledger hardware wallet users:

Developed by web3 launchpad Forefront, Terminal is a great dashboard for tokenized communities. You can use the site to track his live DAO auctions, review governance proposals, and sort projects by various metrics. If you want to monitor various NFT DAOs, this platform is the best place to start.

Are you a regular MetaMask user who always uses the default gas settings when making wallet transactions? Then you may end up paying up to 10x more ETH than you should! Here at rayzhu.eth proposes a priority fee of up to 0.2 gwei as a sufficiently low-cost alternative for transactions.

Do you know how you can tell?there seems to be endless Interesting project stream to track again, but limited hours of the day to track:

William M. Peester is a professional writer and creator of metaversal — Bankless newsletter focused on the emergence of NFTs in the crypto economy. Recently, we also provide content to Bankless, JPG, etc.

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Across Fast speeds, low prices, great support, no hacks, and we love our users. Try it once and you’ll see why. Across Our users love us, and we’re bridging billions of dollars.

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It is not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. This newsletter is not tax advice. Please consult an accountant. Please do your own research.

disclosure. From time to time I add links to products I use in this newsletter. We may receive a commission when you purchase through one of these links. Additionally, bankless writers hold crypto assets.see us Click here for investment disclosure.


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Conor the Tech Veteran
He previously spent 6 years publishing research on tech stocks, and believes in using a combination of fundamental, technical, and quantitative analysis. Prior to a career in tech stocks journalism he was a technology and semiconductor analyst with a research team.

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