In the rapidly evolving Web3 space, security risks have become a significant concern. As the internet shifts towards decentralization and the adoption of blockchain technology, new challenges arise. This article delves into an in-depth analysis of these risks, aiming to assist both users and developers in effectively navigating the Web3 landscape. Web3, also known as
NFT
Planetarium Labs has recently announced the launch of Nine Chronicles M, a groundbreaking addition to the world of gaming. This mobile version of the popular game, Nine Chronicles, is set to revolutionize the Web3 gaming space as the first completely on-chain and open-source Web3 MMORPG (Massively Multiplayer Online Role-Playing Game). With over 200,000 enthusiastic users
The partnership between Animoca Brands and Ubisoft’s Strategic Innovation Lab has garnered attention in the gaming industry. This collaboration aims to propel Ubisoft’s Web3 efforts within Animoca Brands’ metaverse initiative called Mocaverse. The joint venture specifically focuses on enhancing Ubisoft’s Web3 projects, including the highly anticipated RPG game, Champions Tactics Grimoria Chronicles. By integrating blockchain
Nike has once again teamed up with digital fashion brand RTFKT for an exciting collaboration, introducing the highly anticipated RTFKT Dunk Genesis collection. This collection sets itself apart from previous collaborations by allowing customers to purchase the sneakers without needing to own a corresponding RTFKT non-fungible token (NFT). This move opens up the opportunity for
The blockchain gaming industry has experienced impressive growth in October 2023, as highlighted in a report by DappRadar and the Blockchain Gaming Alliance. With a milestone of 1 million daily unique active wallets (dUAW), the industry has seen a 16% increase compared to the previous month. This significant figure accounts for one-third of the overall
The world of non-fungible tokens (NFTs) has gained immense popularity in recent years. However, it is not without its challenges. Scalability, security, and user-friendliness are some of the key concerns plaguing the NFT space. As the number of transactions increases, networks like Ethereum can experience slow speeds and high fees, leading to delays and frustration
GS Partners, a prominent company in the Web3 domain, is currently facing a barrage of regulatory scrutiny in multiple states within the United States. These investigations have resulted in severe accusations against the company, including violations of securities laws, false claims, and omissions pertaining to the sale of unregistered tokenized assets to retail investors. Regulators
OpenSea, the popular NFT marketplace, is currently facing a dangerous phishing campaign. Users are being targeted with deceptive emails containing malicious links. The attackers are cleverly posing as representatives from OpenSea, making it difficult for users to distinguish between legitimate and fraudulent communication. The phishing attacks involve the use of fake developer API risk alerts
