Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
A new type of NFT scam started raging across Twitter this week.
I’ve seen a few people fall prey to the nefarious ploy already, so I wanted to highlight what to watch out for. The flow is as follows:
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Attackers purchase a verified Twitter account, then change the account info to superficially pose as a co-founder of the Azuki NFT collection.
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They follow-up with a tweet about a “surprise mint,” though the link is to a malicious site designed as a trap to compromise unsuspecting NFT collectors.
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Finally, the culprits tag NFT collectors in tweets below the attack tweet hoping to bring as many eyes in as possible.
Hackers are going to keep developing new ways to try to steal choice NFTs like this. Remain vigilant in kind, adapt your security practices, and if something seems weird then ask and wait for guidance from others you trust!
-WMP
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Catddle introduced ERC721-O, a new standard for omnichain NFTs.
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CryptoFighters Alliance introduced ERC721R, a new standard that allows minter to return NFTs for refunds.
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LooksRare is now officially audited.
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Offchain Labs launched The Arbitrum Odyssey NFT event in partnership with Ratwell and Project Galaxy.
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Sina Estavi is having trouble reselling the NFT of Jack Dorsey’s first-ever tweet.
🏆 Digital Collectibles
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Coinbase is launching a BAYC-themed film trilogy.
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Forgotten Runes Wizard’s Cult creators Magic Machine completed a new funding round.
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Nouns DAO is collecting new Noun traits for August 8th, the first birthday of the Nouns project:
🎨 Cryptoart
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Drift made photography history via +10k mints of his open edition piece, First Day Out.
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Proof of Beauty kicked off minting for its latest generative art series, HASH Season 2: HUNT.
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Starry Night Capital acquired Bedtime by Grant Riven Yun for 29.99 ETH:
🎮 NFT Gaming
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The U.S. Treasury Department confirmed that North Korean hacking outfit Lazarus Group was behind the Ronin bridge attack.
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TreasureDAO to become the decentralized Nintendo of the future? Two Treasure co-founders made the case on this week’s Alpha Leak episode.
💽 Music
🌐 Virtual Worlds
💎 DeFi x NFTs
Action steps
Author Bio
William M. Peaster is a professional writer and creator of Metaversal—a Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. He’s also recently been contributing content to Bankless, JPG, and beyond!
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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