Web3 news, July 1: Bored Apes for ‘hire,’ OpenSea data breach, Meta’s NFT feature

OpenSea suffers major data breach 

A non-fungible token marketplace OpenSea announced the platform had suffered a data breach. According to the blog post, an employee from the company’s email delivery vendor Customer.io “misused their employee access to download and share email addresses – provided by OpenSea users and subscribers to our newsletter – with an unauthorized external party.”

“If you have shared your email with OpenSea in the past, you should assume you were impacted,” the company wrote.

The platform urged their customers to remain vigilant as there might be phishing attacks coming.

OpenSea also said they’re working with Customer.io to resolve the situation and has talked to law enforcement about the incident. 

Read our article to remember how to protect your digital assets: How to choose and protect your NFTs

Facebook starts testing NFT feature

Meta (formerly Facebook) is ‘gradually’ releasing an NFT feature that allows users to display their NFT collections on their timeline; it is currently available only to a selected group of US creators. The feature supports Ethereum and Polygon NFTs, but, according to Decrypt, the support for Solana and Flow will be added soon.

Facebook founder and CEO Zuckerberg also said that eventually, NFTs could be cross-posted between Instagram and Facebook. The company is considering adding augmented reality NFTs and 3D NFTs that will be available through the Spark AR software platform. 

This platform lets brands ‘hire’ Bored Apes NFTs

A blockchain accelerator MouseBelt Labs, has launched Boredjobs, a marketplace that lets Bored Ape ‘hodlers’ rent out their NFTs’ IP to brands.

“The Bored Ape Yacht Club gave its owners a fantastic opportunity to utilize the IP rights of the NFTs they purchased. Unfortunately, they did not provide them with an instruction manual on how to put them to work. Bored Jobs is creating that instruction manual,” the company said.

More than 200 Bored Ape owners reached out to MouseBelt with listing requests in the first 24 hours after the launch, MouseBelt co-founder Patrick McLai told Cointelegraph.

“We are simply adding a way to connect brands with Apes because currently, there is no easy way for the parties to message each other. Deal terms or if there is even a deal, license terms, details, etc., will be 100% negotiated between the two parties, ” McLai added.

“A brand can hit HIRE on an ape, and we will bring the deal to the ape’s owner if both parties agree — and only if — the deal moves forward.”

Word on the street

Here are other major headlines from the web3 and crypto industries.

Badiucao, a Chinese artist and activist, talks about the importance of NFTs for political activism, the role of China in his career as an artist, the significance of blockchain technologies to resist censorship. Listen to his story on the Unchained podcast.

Artist and singer Ashanthi has shared her thoughts on the importance of NFTs and ownership. Read on Cointelegraph.

Why Brands Should Adopt a ‘Hybrid DAO’ Model. Read an Opinion on CoinDesk.

Image: Wikipedia 

More posts

How NFTs can benefit SMEs

Gradually, our conception of non-fungible tokens is gradually shifting from that of static images with no real use case other than the details contained in their

Categories

CATEGORIES

Leave a Reply

Your email address will not be published.

Share This