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The team behind the project called on users to avoid any contacts with Ordswap’s domain after losing control over it. One of the first non-fungible token (NFT) marketplaces built on the Bitcoin (BTC) network Ordswap has seemingly suffered an incident as its developers urge users not to interact with the website. In an X post on Tuesday, Oct. 10, the project alarmed users to avoid any interactions with Ordswap’s front-end, adding the team is “not currently in control of domain .” While the nature of the incident remains unclear, the Ordswap team has uploaded a tool for MetaMask owners so they could recover their private keys. Source for metamask users to obtain key is now available below. You are able to import(hex) to Unisat. https://t.co/oETb7h7sA0 https://t.co/NGaaLiNNwW — Ordswap (@ordswap) October 10, 2023 You might also like: Over 225,000 bitcoin transactions are unconfirmed as Ordinals bloat mempool Although the scale of the inciden...

Orica NFT's charity efforts have succeeded, but its token holders have not, and up until now, its co-founder was nowhere to be found. Launched in November 2021, non-fungible token (NFT) marketplace Orica (ORI) held itself as an "ethical platform" benefitting artists, collectors, and charities alike. At the time, the organization was involved in prominent projects such as building a school in Uganda to aiding victims of human trafficking, to helping Ukraine.  But less than two years later, the project’s founders have disappeared, and the marketplace’s user interface has gone offline. All that remains are the project's charity efforts, which proved to be genuine, in tandem with allegations from disgruntled users that the developers orchestrated a rug-pull. In a new revelation, co-founder Danial Zey breaks his year-long silence, not only denying all allegations and insisting the project was 'hacked,' but also claims that the project is still ongoing. Cointelegr...

Golden Egg Wonderland players can exchange their in-game egg NFTs for physical gold eggs. Backed by the FRUITS Eco-Blockchain Project, the upcoming Web3 game Golden Egg Wonderland will allow players to exchange in -game NFTs for real golden eggs. Since its inception, Web3 gaming has become a crucial part of the blockchain ecosystem. Blockchain-based games still hold a 36% dominance in on-chain wallet activity over nonfungible tokens (NFTs), decentralized finance (DeFi) and social networks, according to the latest Q2 report from DappRadar and BGA. Players’ ability to utilize gameplay mechanics to collect in-game tokens and NFTs that can be exchanged into real-world value, also known as the play-to-earn (P2E) trend, is a primary driver for the growth of the Web3 gaming space. As with any new trend, blockchain-based P2E games continue to evolve to benefit players. Thanks to the traceability and transparency of digital ownership provided by blockchain technology, in -game items can be ...

As part of the partnership, all NFTs in The Sandbox's collection wallet will be transferred to the Ledger Enterprise wallet. A decentralized Metaverse platform, The Sandbox, will partner with security solution provider Ledger Enterprise to develop security integration for its partners. The latter will get their nonfungible token (NFT) collections migrated to the Ledger wallet.  The Sandbox announced a partner ship in its official blog on Apr. 23. The collaboration will include several initiatives. The Sandbox will appear as a dApp on Ledger Enterprise, a certain widget will also be integrated in the Ledger Live desktop application. All NFTs in The Sandbox collection wallet will be transferred to the Ledger Enterprise wallet. Apart from that, as the release emphasizes, The Sandbox will recommend Ledger Enterprise to its LAND owner ecosystem, while Ledger will promote the Metaverse to its clients. The initiative extends the recently established partnership between The Sandbox and Le...

Despite tough times for the industry, the blockchain MOBA game reached 200k downloads after just two months. Amidst a drastic decline in coin prices, shifting player behavior, and hard-to-maintain tokenomics, it's been a difficult year for many GameFi developers. While more established franchises, such as Axie Infinity, have held ground, other lesser-known projects like Elexir have mostly pulled the plug, with a lack of viable game designs being unable to compensate for the "Fi" element in GameFi. That said, one project which, despite running into all challenges , experienced by its peers, appears to have gained traction anyway. In early February, Blockchain multiplayer online battle arena (MOBA) game Superpower Squad (SPS) surpassed 200,000 downloads on the App Store and Google Play. The game previously launched in Dec. 2022 and surpassed the 100,000 download milestone mid-January.  Superpower Squad game poster (Source: SPS) SPS Features up to 20 players competing in-...

Professionals working in the Web3 space highlighted various tools and best practices to protect NFTs from hackers and scammers. As nonfungible tokens (NFTs) attract more users, they also capture the eyes of scammers. Bad actors in Web3 have set their sights on digital collectibles, with millions being lost through scams and various attacks.  However, according to professionals working in the Web3 space, there are multiple ways and tools to prevent being a victim of NFT theft . In addition, users can also take various actions after losing their digital collectibles to hacks. Ronghui Gu, the co-founder and CEO of blockchain Security firm CertiK, told Cointelegraph that the first and most important step is always due diligence. “Avoid clicking on suspicious links and be very careful when signing token approvals,” Gu shared. Taking it a step further, the executive shared other best practices like periodically checking and revoking unneeded permissions and segregating NFTs into differen...

While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions. Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” foEthereum — privacy. In a blog post on Jan. 20, Buterin acknowledged the need to come up with a privacy solution because by default, all information that goes onto a “public blockchain” is public too. He then arrived at the concept of “stealth addresses” — which he said can potentially anonymize peer-to-peer transactions, nonfungible token (NFT) transfers, and Ethereum Name Service (ENS) registrations, protecting users.  An incomplete guide to stealth addresses:https://t.co/21Q18BrD30 — vitalik.eth (@VitalikButerin) January 20, 2023 In the blog post, Buterin explained how on-chain transactions can be carried out between two parties with anonymity.  Firstly, a user looking to receive assets wil...

NFT Steez chats with Celo’s NFT lead, Mashiat Mutmainnah, about the promise of ReFi and its capacity to promote environmental and social good. In many countries, millions of people clack basic equitable access to the financial services that would allow them to meet their daily needs. On this week’s episode of NFT Steez , hosts Alyssa Expósito and Ray Salmond meet with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to Blockchain technology.  Mutmainnah explained that as a “mission-driven movement,” ReFi enables users to redefine their relationship with the current financial system and their relationship with finance and wealth. What if there were newer models that could sustainably alleviate this? According to Mutmainnah, ReFi can redefine what money means and how it’s used. What is the impact of ReFi?  Mutmainnah emphasized that ReFi intends to bring awareness to how the present financial systems operate in an “extractive...

Foot fetishists and crypto degens have taken interest in an NFT collection boasting 10,000 unique pixelated trotters with over $1 million in trading volume. 'Degen' season smells like pixelated feet Feetpix.wtf’s newly launched nonfungible token (NFT) collection, “Feetpix” has seemingly taken the NFT community by storm with surging trading volumes, prompting some to suggest the return of “degen” season. Feetpix.wtf’s collection soared ahead of the likes of Bored Ape Yacht Club (BAYC) on Jan. 11 with the fifth-highest trading volume recorded on NFT marketplace OpenSea. Feetpix NFTs come in different skin tones, nail colors, shoes and backgrounds. Image: OpenSea. The project — which released 10,000 Feetpix NFTs — has traded over 825 Ether (ETH)($1,157,000) across nearly 18,000 transactions since its release on Jan. 8. Crypto Twitter is still split on what inspired the surge in foot fetish-NFT trading volumes, though Feetpix noted the absence of a roadmap, promise and marketing s...