With the increasing prominence of non-fungible tokens (NFTs), the risk of hacks and cyberattacks targeting these digital assets has also intensified. Here, we will explore some of the major NFT hacks that happened in 2023 and discuss methods of protecting your valuable digital assets. NFTs And Their Weaknesses NFTs are stored on various blockchain platforms,… Continue reading Major NFT Hacks 2023: Protect Your Digital Assets
Tag: NFT security
Blur Suffered Two Massive NFT Attacks In Weeks, Raising Security Worries
In the dynamic and fast-paced Web3 space, security has always been a top concern. Nonetheless, recent events have highlighted just how vulnerable the emerging market can become. The most recent incident involved the theft of high-profile NFTs on the Blur network by a person called “Fake_Phishing187019.” Second Attack In A Short Time It is not… Continue reading Blur Suffered Two Massive NFT Attacks In Weeks, Raising Security Worries
CyberKongz Introduced ERC-721x Standard For NFT Security
CyberKongz, the Ethereum-based nonfungible token (NFT) collection, has introduced ERC-721x, an enhanced token standard meant to improve NFT security with various features including a ‘Guardian Contract’. The creative minds behind the CyberKongz project, a famous Ethereum-based NFT collection, have unleashed a stronger version of the renowned ERC-721 nonfungible token standard, called ERC-721x. This token standard… Continue reading CyberKongz Introduced ERC-721x Standard For NFT Security