Four cryptocurrency trading firms and a Decentralized Autonomous Organization (DAO) ran advertisements in support of the new business during the 2022 Super Bowl.
Coinbase had a rough weekend, dealing with major vulnerabilities, service outages, and app crashes for two days. However, successful Super Bowl PR seems to have overcome all of these obstacles.
The NFT Boring Goku Avatar Collection is accused of plagiarizing the well-known Boring Ape Collection. The developers of Boring Goku have refuted the accusation, citing examples of superstars who look alike.
Hong Kong regulators have warned of the dangers of NFTs and the metaverse, which they say is the biggest technological threat in years to come. The number of phishing schemes in the industry is increasing rapidly. In 2021, the group recorded 7,725 information security incidents, with phishing schemes accounting for 48% of all incidents, an increase of 7% from 2020.
Netflix has ordered a documentary series on cryptocurrency money laundering that will follow a married couple who launder billions of dollars in stolen bitcoin in the largest financial criminal case in history.
Some Ubisoft employees, especially those working on the popular Assassin's Creed game, will criticize the company's intentions to include NFTs in its games.
The UK's top tax authority, HM Revenue and Customs (HMRC), has seized three non-fungible tokens (NFTs) linked to alleged tax evasion. According to the BBC, the tax watchdog claims to be the first UK law enforcement agency to seize NFTs, a seizure that was accompanied by the arrest of three suspects.
On February 8, real estate blockchain startup Propy sold its first property in the US. The property in question was sold for $653,163 or 210 ETH and is located in Florida.
OnlyFans, an online membership platform focused on adult content, recently added a feature that allows users to use authenticated NFTs as profile pictures.