Manifold Co-Founder On How To Keep NFTs Safe From Hackers
The co-founder of Manifold.xyz – a platform for NFTs – who goes by the Twitter handle @richerd has recently written a Twitter thread which exposes the tactics used by hackers to steal funds and NFTs from crypto wallets. As the go-to guy for crypto wallet security he has a lot of experience in dealing with […]
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Manifold Technology is positioning itself to capitalize on the inevitable blockchain database industry. As Bitcoin’s blockchain technology continues to gain mainstream recognition from the very businesses that previously shunned it, large institutions still struggle to decide what to do with the blockchain. All they know is that this new technology is supposedly more secure, and they want to learn more about it. Manifold Technology was founded by Chris Finan and Rob Seger. Finan was the White House Director for Cybersecurity Legislation and Policy under Obama and helped draft the....
Hackers, for the most part, usually target institutional crypto investors and exchanges. But since the adoption of cryptocurrencies like Bitcoin became more mainstream, these hackers started targeting small individual investors. Related Reading | Hackers Are Now Trying To Steal Crypto Via Malicious NFTs They hack random people through SIM swaps or switching a phone number from […]
The Bill Murray 1,000 NFT drop generated 119.2 ETH worth of sales as part of a charity fundraiser, but hackers managed to steal a hefty 110 ETH from that total. Popular comedic writer and actor Bill Murray had his Ethereum wallet hacked for around 110 Wrapped ETH (wETH) worth $172,000 late last week.The auction for the The Bill Murray 1,000 NFT drop was just coming to a close on Thursday Sept. 1, having generated a total of 119.2 wETH worth of sales as part of a charity fundraiser for Chive Charities. However hackers were reportedly watching Murray’s wallet all day, and pounced to swipe....
Hackers redirected The Sandbox followers to a fake raffle giveaway URL and even tried to rent Bored Ape NFTs from Instagram users. Metaverse platform The Sandbox saw its Instagram profile hacked and used to try and rent out Bored Ape Yacht Club nonfungible tokens (NFTs) from a number of users on the social media platform.The voxel-powered NFT platform’s profile was compromised by hackers on Thursday, promoting a fabricated raffle ticket event that touted a season 4 LAND giveaway to unsuspecting users.The firm indicated that its two-factor authentication and other security measures had been....
Non-fungible tokens, NFTs, are digital assets that connect ownership to real-world items or objects such as art, music, videos, etc. Though they function with the same blockchain technology as cryptocurrencies, they are not currencies. NFTs are highly speculative and usually sell for millions. However, not every investor should desire them. Ranging from popular memes to […]