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	<title>MetaMask &#8211; Crypto Market Insights: Dive In with CryptoUpdate.io</title>
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		<title>Gods Unchained Set to Launch Season 2 of Battle Pass on March 25th</title>
		<link>https://cryptoupdate.io/2025/03/22/gods-unchained-set-to-launch-season-2-of-battle-pass-on-march-25th/</link>
					<comments>https://cryptoupdate.io/2025/03/22/gods-unchained-set-to-launch-season-2-of-battle-pass-on-march-25th/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Sat, 22 Mar 2025 09:00:49 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[New Altcoins]]></category>
		<category><![CDATA[NFT]]></category>
		<category><![CDATA[Battle Pass]]></category>
		<category><![CDATA[ERC-20]]></category>
		<category><![CDATA[Gaming]]></category>
		<category><![CDATA[Gods Unchained]]></category>
		<category><![CDATA[MetaMask]]></category>
		<category><![CDATA[Pre-Sale]]></category>
		<category><![CDATA[Season 2]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/03/22/gods-unchained-set-to-launch-season-2-of-battle-pass-on-march-25th/</guid>

					<description><![CDATA[<p>Gods Unchained, a pioneering entity in the crypto gaming sector, has publicly declared the launch of its Battle Pass Season 2, slated to kick off on March 25th. This season will span six weeks and feature two progression trajectories: the Collector&#8217;s and Cosmetic tracks. The exclusive pre-sale for the Collector&#8217;s Pass commences on March 24 [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/22/gods-unchained-set-to-launch-season-2-of-battle-pass-on-march-25th/">Gods Unchained Set to Launch Season 2 of Battle Pass on March 25th</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><em>Gods Unchained</em>, a pioneering entity in the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> gaming sector, has publicly declared the launch of its Battle Pass Season 2, slated to kick off on March 25th. This season will span six weeks and feature two progression trajectories: the Collector&rsquo;s and Cosmetic tracks. The exclusive pre-sale for the Collector&rsquo;s Pass commences on March 24 at 00:00 AM UTC, offering an enticing 15% discount.</p>
<p>As part of Season 2, players can anticipate fresh emotes, God portraits, the Mana Wheel, and promotional packs. These packs offer the possibility to win Shiny Sanctum Raiders and Raider Card Back.</p>
<p>Operating within the blockchain and <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> sphere, <em>Gods Unchained</em> offers a novel approach to online gaming. It parallels renowned games like Magic: The Gathering Arena, but with a twist. It provides a distinct economic model where players can amass real-world value, undermining the conventional gaming economic model where in-game purchases can&rsquo;t be resold.</p>
<p>The game&rsquo;s economic structure is based on tangible currency with actual monetary value, as opposed to simulated in-game currencies. This model enhances the gaming experience, enabling players to trade cards in the game&rsquo;s marketplace. The more matches a player wins, the more cards they gather, injecting added competitiveness and motivation into the game. In addition, the game is broadening its user base through strategies including tournaments and is set to launch a mobile version to boost its global access.</p>
<p>The GODS token is integral to the <em>Gods Unchained</em> ecosystem. As an ERC-20 token, it serves various functions, from enabling in-game marketplace transactions to NFT creation and rewards acquisition. The token has a limited supply of 500 million units, shared among players and developers. Players can securely store their GODS tokens and associated NFT cards in web 3.0 wallets like MetaMask. In addition to its transactional value, the GODS token provides players with a say in the game&rsquo;s decision-making process, embodying the game&rsquo;s community-focused philosophy.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/22/gods-unchained-set-to-launch-season-2-of-battle-pass-on-march-25th/">Gods Unchained Set to Launch Season 2 of Battle Pass on March 25th</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
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		<title>Cthulhu Stealer: A Serious Threat to Cryptocurrency Wallets on macOS</title>
		<link>https://cryptoupdate.io/2024/08/26/cthulhu-stealer-a-serious-threat-to-cryptocurrency-wallets-on-macos/</link>
					<comments>https://cryptoupdate.io/2024/08/26/cthulhu-stealer-a-serious-threat-to-cryptocurrency-wallets-on-macos/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Mon, 26 Aug 2024 07:56:32 +0000</pubDate>
				<category><![CDATA[Cryptocurrency Crime]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Market Stability]]></category>
		<category><![CDATA[Scam]]></category>
		<category><![CDATA[Binance]]></category>
		<category><![CDATA[crypto]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[cybersecurity]]></category>
		<category><![CDATA[Data Breach]]></category>
		<category><![CDATA[macOS]]></category>
		<category><![CDATA[Malware]]></category>
		<category><![CDATA[MetaMask]]></category>
		<category><![CDATA[security]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=8523</guid>

					<description><![CDATA[<p>A newly discovered malware, Cthulhu Stealer, is posing a significant threat to macOS users, especially those managing cryptocurrency assets. This malware-as-a-service (MaaS) targets macOS through deceptive means, such as masquerading as legitimate applications like CleanMyMac or Adobe GenP, or even as a fake early release of &#8220;Grand Theft Auto VI.&#8221; Once the user mounts the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2024/08/26/cthulhu-stealer-a-serious-threat-to-cryptocurrency-wallets-on-macos/">Cthulhu Stealer: A Serious Threat to Cryptocurrency Wallets on macOS</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>A newly discovered malware, <strong>Cthulhu Stealer</strong>, is posing a significant threat to macOS users, especially those managing <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> assets. This malware-as-a-service (MaaS) targets macOS through deceptive means, such as masquerading as legitimate applications like CleanMyMac or Adobe GenP, or even as a fake early release of &ldquo;Grand Theft Auto VI.&rdquo; Once the user mounts the malicious DMG file and enters their credentials, the malware begins to steal sensitive data.</p>



<p><strong>How Does Cthulhu Stealer Compromise macOS?</strong></p>



<p>Cthulhu Stealer starts its attack by using <strong>osascript</strong>, a macOS tool, to extract passwords from the system&rsquo;s Keychain. This stolen data, which includes information from various <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> wallets like MetaMask, Binance, and Coinbase, is compiled into a zip archive labeled with the user&rsquo;s country code and attack timestamp. The malware also steals data from:</p>



<ul class="wp-block-list">
<li><strong>Chrome extension wallets</strong></li>



<li><strong>Minecraft user information</strong></li>



<li><strong>Wasabi wallet</strong></li>



<li><strong>Keychain passwords</strong></li>



<li><strong>SafeStorage passwords</strong></li>



<li><strong>Battlenet game, cache, and log data</strong></li>



<li><strong>Firefox cookies</strong></li>



<li><strong>Daedalus wallet</strong></li>



<li><strong>Electrum wallet</strong></li>



<li><strong>Atomic wallet</strong></li>



<li><strong>Harmony wallet</strong></li>



<li><strong>Enjin wallet</strong></li>



<li><strong>Hoo wallet</strong></li>



<li><strong>Dapper wallet</strong></li>



<li><strong>Coinomi wallet</strong></li>



<li><strong>Trust wallet</strong></li>



<li><strong>Blockchain wallet</strong></li>



<li><strong>XDeFi wallet</strong></li>



<li><strong>Browser cookies</strong></li>



<li><strong>Telegram Tdata account information</strong></li>
</ul>



<p>Additionally, it collects system information, such as IP address, system name, and OS version, which is then sent to a command and control (C2) server. This enables attackers to further refine their malicious activities.</p>



<p><strong>Scammers Profit by Selling Cthulhu Stealer for $500/Month</strong></p>



<p>Scammers exploit this malware by selling it as a service for $500 per month. They employ various tactics to deceive users into downloading the malware, such as posing as employers offering jobs that require software installation. These offers often create a sense of urgency, prompting users to quickly download and install the malware.</p>



<p><strong>Protecting Against Cthulhu Stealer</strong></p>



<p>To avoid falling victim to this threat, macOS users should install reliable antivirus software specifically designed for their system. It&rsquo;s also crucial to be skeptical of job offers or other opportunities that demand immediate software downloads. Regularly updating your software can further mitigate the risk of malware infection.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2024/08/26/cthulhu-stealer-a-serious-threat-to-cryptocurrency-wallets-on-macos/">Cthulhu Stealer: A Serious Threat to Cryptocurrency Wallets on macOS</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
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		<item>
		<title>PulseChain Launch Marred by High Gas Fees and HEX Price Drop</title>
		<link>https://cryptoupdate.io/2023/05/15/pulsechain-launch-marred-by-high-gas-fees-and-hex-price-drop/</link>
					<comments>https://cryptoupdate.io/2023/05/15/pulsechain-launch-marred-by-high-gas-fees-and-hex-price-drop/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Mon, 15 May 2023 07:48:38 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[EIP-4844]]></category>
		<category><![CDATA[Ethereum]]></category>
		<category><![CDATA[HEX]]></category>
		<category><![CDATA[MetaMask]]></category>
		<category><![CDATA[Network Gas Fees]]></category>
		<category><![CDATA[PulseChain]]></category>
		<category><![CDATA[Richard Heart]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=6978</guid>

					<description><![CDATA[<p>The launch of HEX PulseChain on the mainnet was met with high network gas fees and a significant drop in HEX token's price, raising concerns about the network's future prospects.</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2023/05/15/pulsechain-launch-marred-by-high-gas-fees-and-hex-price-drop/">PulseChain Launch Marred by High Gas Fees and HEX Price Drop</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Despite the initial hype, the HEX PulseChain&rsquo;s debut on the mainnet has been rather tumultuous, with the network grappling with soaring gas fees and a significant plunge in the HEX token&rsquo;s price.</p>



<p><strong>PulseChain&rsquo;s Rough Start</strong></p>



<p>The HEX PulseChain, envisioned as an &ldquo;Ethereum killer&rdquo; for its superior throughput and reduced fee structure, became operational on May 14 as an Ethereum hard fork. This project is a part of the HEX ecosystem, spearheaded by the polarizing <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> advocate Richard Heart. However, the launch day witnessed a flurry of issues that did not align with the network&rsquo;s stated promises.</p>



<p>Many users experienced high network gas fees due to the spike in demand. Eric Wall, in his tweet on May 14, underscored the problems plaguing PulseChain, stating, &ldquo;PulseChain raised $1 billion dollars to &lsquo;reduce Ethereum fees&rsquo; by copying Ethereum without the Layer 2s.&rdquo; The FreePulse account also highlighted the high withdrawal costs, suggesting it was too costly to maintain the faucet effectively.</p>



<p>The impending EIP-4844 upgrade of Ethereum, which promises considerable scaling benefits for Ethereum layer 2 networks, further complicates the situation for PulseChain. While PulseChain plans to integrate these upgrades to remain updated, its non-usage of Layer 2s means no scalability upgrade will follow, leading to more complex code.</p>



<p><strong>A Host of Problems</strong></p>



<p>Connecting PulseChain to HEX also proved problematic for some users, with reports of errors. In response, Heart suggested users to reinstall MetaMask or try a different browser. Despite the network&rsquo;s primary aim of mitigating high Ethereum transaction fees, its first day was far from successful.</p>



<p>Furthermore, Heart&rsquo;s HEX project has repeatedly been scrutinized and labeled as a Ponzi scheme. The token prices have plummeted by an astonishing 94% from their all-time high, further compounding the network&rsquo;s problems.</p>



<p><strong>HEX Price Plummets</strong></p>



<p>In the past five days, HEX prices have suffered a severe blow, with a decline of 60%. The token, which was trading at $0.08 on May 11, has now slumped to $0.03. The HEX PulseChain&rsquo;s tumultuous launch and the drop in HEX token price have raised eyebrows in the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> community, casting doubts on the network&rsquo;s future prospects.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2023/05/15/pulsechain-launch-marred-by-high-gas-fees-and-hex-price-drop/">PulseChain Launch Marred by High Gas Fees and HEX Price Drop</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
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			</item>
		<item>
		<title>A Complete Guide to the Metaverse for Beginners</title>
		<link>https://cryptoupdate.io/2022/11/07/a-complete-guide-to-the-metaverse-for-beginners/</link>
					<comments>https://cryptoupdate.io/2022/11/07/a-complete-guide-to-the-metaverse-for-beginners/#respond</comments>
		
		<dc:creator><![CDATA[Sophia N.]]></dc:creator>
		<pubDate>Mon, 07 Nov 2022 13:58:49 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[artificial intelligence]]></category>
		<category><![CDATA[BNB Chain]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[Decentraland]]></category>
		<category><![CDATA[Ethereum]]></category>
		<category><![CDATA[MetaMask]]></category>
		<category><![CDATA[Metaverse]]></category>
		<category><![CDATA[NFTs]]></category>
		<category><![CDATA[Web3]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=6348</guid>

					<description><![CDATA[<p>The metaverse may evoke either dystopian future worries or joyful virtual reality hopes, depending on the player&#8217;s perspective and familiarity with video games and artificial intelligence (AI).You can&#8217;t expect a discourse about the metaverse to be easygoing and straightforward. People are concerned&#160;since there is no agreed-upon description of the metaverse. Can we expect to see [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/11/07/a-complete-guide-to-the-metaverse-for-beginners/">A Complete Guide to the Metaverse for Beginners</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The metaverse may evoke either dystopian future worries or joyful virtual reality hopes, depending on the player&rsquo;s perspective and familiarity with video games and artificial intelligence (AI).<br>You can&rsquo;t expect a discourse about the metaverse to be easygoing and straightforward. People are concerned&nbsp;since there is no agreed-upon description of the metaverse. Can we expect to see a shift toward purely virtual relationships?</p>



<p>But so does the anticipation: Will it be simpler in the future of the metaverse to find clothes that fit since avatars may be tailored to a user&rsquo;s specific measurements? Will marketers on Web 3 be forced to learn from big tech&rsquo;s errors and start treating user data with more respect? And would individuals be able to supplement their UBI by trading in their <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> tokens for real money to buy virtual tickets to their favorite metaverse concerts? And if that&rsquo;s the case, then&nbsp;introverts may celebrate!</p>



<p>Even the most knowledgeable individuals have unanswered questions regarding the metaverse. Because of this, we&rsquo;ve compiled some frequently asked questions and other ones we think you&rsquo;d want answered.</p>



<h2 class="wp-block-heading" id="h-what-is-the-metaverse">What Is the Metaverse?</h2>



<p>To begin, let&rsquo;s define &ldquo;metaverse.&rdquo;</p>



<p>There is no place for a sense of inferiority complex in Web 3, therefore we&rsquo;re going back to the fundamentals.</p>



<p>The metaverse is the technology framework that enables communication between people regardless of distance or location. We&rsquo;ve been living in the metaverse for some time now. Virtual reality games, digital avatars, and online communities have all contributed to gamers&rsquo; immersion like&nbsp;having&nbsp;in-game concerts with artists like Travis Scott in Fortnite.</p>



<p>Many proponents of the metaverse believe that the global coronavirus pandemic accelerated the adoption of technology, and as a result, most of us are now accustomed to engaging in cross-technological interactions, such as Zoom business conferences, FaceTime visits with loved ones, and the sale of physical goods on Facebook Marketplace. By providing users with digital wallets that can store their cryptocurrencies&nbsp;and whatever digital assets they hold in the form of NFTs, the metaverse will only improve the quality of these experiences.</p>



<p>Isla Perfito, co-founder and CEO of Sator, a blockchain-based entertainment platform, has described the metaverse as &ldquo;an immersive global 3D overlay over real life.&rdquo; You can move and interact just as you would in the actual world, with the extra capacity to break the laws of physics we are tied to as people on Earth, thanks to the fact that the virtual worlds function as an alternative reality.</p>



<figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1024" height="576" src="https://cryptoupdate.io/wp-content/uploads/2022/11/metaverse-1-1024x576.jpg" alt="Metaverse 1 1024x576" class="wp-image-6352" title="A Complete Guide to the Metaverse for Beginners" srcset="https://cryptoupdate.io/wp-content/uploads/2022/11/metaverse-1-1024x576.jpg 1024w, https://cryptoupdate.io/wp-content/uploads/2022/11/metaverse-1-300x169.jpg 300w, https://cryptoupdate.io/wp-content/uploads/2022/11/metaverse-1-768x432.jpg 768w, https://cryptoupdate.io/wp-content/uploads/2022/11/metaverse-1-696x392.jpg 696w, https://cryptoupdate.io/wp-content/uploads/2022/11/metaverse-1-600x338.jpg 600w, https://cryptoupdate.io/wp-content/uploads/2022/11/metaverse-1.jpg 1365w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption>A Complete Guide to the Metaverse for Beginners 1</figcaption></figure>



<h2 class="wp-block-heading" id="h-finding-your-way-around-the-metaverse">Finding Your Way Around the Metaverse</h2>



<p>You&rsquo;ll need a suitable <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> wallet if you want to take part in the metaverse. The Ethereum blockchain is used by the vast majority of metaverse worlds and gaming platforms, although Solana and other layer 1 blockchains are also in use. To access a metaverse, one must first create a wallet compatible with the underlying blockchain technology and then connect that wallet to a web browser.</p>



<p>Here are some of the most well-known virtual worlds and game servers, along with the blockchains they use:</p>



<ul class="wp-block-list">
<li>Ethereum blockchain</li>



<li><a href="https://cryptoupdate.io/2022/10/18/metaverse-music-festival-will-take-place-in-decentraland/">Decentraland</a></li>



<li>The Sandbox</li>



<li>Axie Infinity</li>



<li><a href="https://cryptoupdate.io/2022/10/27/launching-reliable-and-secure-binance-oracle/">BNB Chain</a></li>



<li>Enjin</li>



<li>Solana blockchain</li>



<li>Polygon</li>
</ul>



<p>Wearing virtual reality goggles, which allow you to direct your avatar&rsquo;s actions with your own body&rsquo;s motions, is a great way to immerse yourself in the experience, but is by no means necessary.</p>



<h2 class="wp-block-heading" id="h-what-does-the-concept-of-ownership-entail">What Does the Concept of &ldquo;Ownership&rdquo; Entail?</h2>



<p>If everything in the metaverse is digital, then what do you physically possess?</p>



<p>Let&rsquo;s say you&rsquo;re a gamer and you win a token that grants you infinite continues. Your in-game character might carry these things in a virtual backpack. If you&rsquo;ve ever played Super Mario and gotten the gold coins, you&rsquo;ll get the idea.</p>



<p>A comparable system of ownership exists (or at least functions) in the metaverse. However, with the advent of blockchain technology, it is possible to generate a digital deed (or record) of this transaction. Because blockchain is a distributed digital ledger, all of this data is kept indefinitely, even if you switch off your computer or game console.</p>



<p>To take it a step further, metaverse businesses are figuring out how to broaden the concept of digital ownership to include more than simply in-game rewards. Mirror is a website where authors may publish their work for an online audience, and in return, the audience may send the author <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>bitcoin</a>.</p>



<p>Users of the Brave web browser may choose how many advertisements they wish to view. A user&rsquo;s <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> wallet gets credited with Brave Attention Tokens (BAT) whenever they want to see an advertisement.</p>



<p>Sator, Perfito&rsquo;s firm, was founded with the same idea of changing the face of ownership in mind. According to Perfito, a show&rsquo;s worth is created by its audience. The only entities presently benefiting from users&rsquo; participation in centralized entertainment do so. My annual &ldquo;Mad Men&rdquo; marathon doesn&rsquo;t earn me a cut of Amazon Prime&rsquo;s profits, regardless of how many times I watch each episode. The tokens users earn by watching movies and TV shows on the Sator platform may be converted into fiat money or staked to earn interest. In fact, Sator organizes &ldquo;virtual movie nights&rdquo; for his wallet owners in the metaverse.</p>



<p>All of our digital contributions may be recorded on the blockchain. Therefore,&nbsp;these novel ideas of digital ownership are cornerstones of the exciting new Web 3 era.</p>



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<div class="youtube-embed" data-video_id="YvQkSmpNDJ0"><iframe title="What is the Metaverse? Complete Beginner's Guide" width="696" height="392" src="https://www.youtube.com/embed/YvQkSmpNDJ0?feature=oembed&enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe></div>
</div></figure>



<h2 class="wp-block-heading" id="h-if-you-want-to-buy-anything-how-to-do-it">If You Want to Buy Anything, How to Do It?</h2>



<p>You may go shopping in the digital metaverse in the same way you would shop online via the Internet.&nbsp; However, a digital wallet like MetaMask will be connected instead of a social media account like Google or Facebook. In order to make purchases, you&rsquo;ll need to ensure that your wallet has a sufficient quantity of the appropriate <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> to pay for the item and any associated costs.</p>



<h2 class="wp-block-heading" id="h-is-it-enjoyable-to-exist-in-the-metaverse">Is It Enjoyable to Exist in the Metaverse?</h2>



<p>Many people do find interesting things to do in the metaverse, however this obviously depends on what those things are.</p>



<p>According to Luca Arrigo, co-founder of Metaverse Architects, entering a virtual world with new people to meet, novel activities to engage in, and fresh experiences to have creates opportunities for human connection.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>I do feel like I can be more myself when I go online.</p>
<cite>Arrigo said.</cite></blockquote>



<p>The metaverse may be virtual, but that doesn&rsquo;t mean it has to remain that way forever. Most metaverse advocates stress that simulated environments should complement and improve upon our real-world experiences.</p>



<p>Arrigo attended Metaverse Fashion Week together and sported matching NFT accessories.&nbsp; Dressing up an avatar in the metaverse is a fun way for Arrigo, who prefers simple T-shirts and trousers, to express himself.</p>



<h2 class="wp-block-heading" id="h-where-can-i-look-for-metaverse-activities">Where Can I Look for Metaverse Activities?</h2>



<p>For the time being, word of mouth may be your best bet when trying to figure out what to do.</p>



<p>We all use Google to find new things to do on the internet. Therefore,&nbsp;this is a major issue for the metaverse. Metaverse events, conferences, and other in-person gatherings may all be found if you do a simple search.</p>



<p>Arrigo claims that traveling to the metaverse is similar to traveling to another state or even another city. And it requires the same amenities&mdash;like tour guides&mdash;that other tourist hotspots provide.</p>



<p>For the time being, early signs of intriguing happenings may be found by investigating the Discord servers of a metaverse project and following individuals in the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> Twitter community who are passionate about the metaverse.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/11/07/a-complete-guide-to-the-metaverse-for-beginners/">A Complete Guide to the Metaverse for Beginners</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>Meta Will Soon Let Artists Sell NFTs In-app.</title>
		<link>https://cryptoupdate.io/2022/11/03/meta-will-soon-let-artists-sell-nfts-in-app/</link>
					<comments>https://cryptoupdate.io/2022/11/03/meta-will-soon-let-artists-sell-nfts-in-app/#respond</comments>
		
		<dc:creator><![CDATA[Sophia N.]]></dc:creator>
		<pubDate>Thu, 03 Nov 2022 14:39:42 +0000</pubDate>
				<category><![CDATA[NFT]]></category>
		<category><![CDATA[Coinbase]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Instagram]]></category>
		<category><![CDATA[Instagram Gifts]]></category>
		<category><![CDATA[Meta]]></category>
		<category><![CDATA[MetaMask]]></category>
		<category><![CDATA[NFTs]]></category>
		<category><![CDATA[Phantom]]></category>
		<category><![CDATA[Solana]]></category>
		<category><![CDATA[stars]]></category>
		<category><![CDATA[stars party]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=6334</guid>

					<description><![CDATA[<p>In a recent announcement, Meta detailed the changes it would implement to its creator tools for use on both Instagram and Facebook. Perhaps most importantly, the business said that Instagram artists would soon have the ability to make their own NFTs and sell them directly to followers, both on and off the platform. This revision [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/11/03/meta-will-soon-let-artists-sell-nfts-in-app/">Meta Will Soon Let Artists Sell NFTs In-app.</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>In a recent announcement, Meta detailed the changes it would implement to its creator tools for use on both Instagram and Facebook. Perhaps most importantly, the business said that Instagram artists would soon have the ability to make their own NFTs and sell them directly to followers, both on and off the platform. This revision introduces a set of resources for developers that may be used to build, publish, and market NFTs. Meta has picked Polygon as its first partner for this functionality.</p>



<p>In-app purchases of the NFTs will soon be available to Instagram users. According to Meta, it will work the same way on iOS and Android: via regular in-app purchases. Also, Instagram is not yet collecting a portion of creative earnings. This new functionality is being tested with a select number of creators in the United States, with future intentions to roll it out internationally.</p>



<p>Instagram now works with the Solana blockchain and the Phantom wallet. It already worked with the Rainbow blockchain, MetaMask, Trust Wallet, Coinbase Wallet, Dapper Wallet, Ethereum, Polygon, and Flow. When OpenSea improves the metadata of Instagram posts, users can now see more information, like the name and description of a collection.</p>



<p>Along with the changes to the NFT, Instagram is letting all qualified U.S. authors join as members. In January, the social media platform started a limited beta test of subscriptions with a select group of content providers. In addition to their regular Instagram content, producers may charge their fans to watch Instagram Live videos and Instagram Stories. A subscriber&#8217;s unique badge will make them stand out in the creators&#8217; comment threads and email inboxes.</p>



<p>Meta also shared that <em><a href="https://cryptoupdate.io/2021/09/28/facebook-confirms-to-invest-50m-for-developing-its-metaverse/">Facebook</a></em> would be expanding the availability of Stars, a program that allows content producers to get direct payments from their audiences on Facebook&#8217;s Reels, Live, and videos. Facebook is also planning to try out a feature called &#8220;automatic onboarding,&#8221; which would enable artists to immediately get feedback in the form of star ratings. Besides videos, Facebook is expanding Stars to other forms of content.</p>



<p>Facebook is releasing a new feature called Stars Party for users of the Stars platform. If the challenge&#8217;s author accomplishes their objective, the Stars community will throw a party to celebrate.</p>



<p>In addition, Facebook is equipping content producers with new ways to interact with Star recipients. To respond to several comments at once, authors may apply a filter to Remarks Manager that collects all of their star comments in one spot.</p>



<p>Meta also said that Instagram Gifts would be coming out, starting with Reels, to give content creators more ways to make money. Fans can now buy stars on Instagram and use them to give each other presents on reels. Initially, only a select number of American artists will have access to this functionality. But Meta has plans to roll it out to a much larger community shortly.</p>



<p>Meta is also giving all content producers the option to set their Facebook profiles to &#8220;professional mode.&#8221; Creators who want to make money off of their social media followings should switch to &#8220;professional mode.&#8221; In December 2021, Facebook started testing a &#8220;professional mode&#8221; with a small group of creators.</p>



<p>Meta is making these changes because it knows that creator subscriptions and other ways could give it a new way to make money. That&#8217;s why the company wants to cultivate its user base of content creators.</p>



<p>With these changes, Instagram hopes to better compete with rival platforms like TikTok, which has been gaining popularity among content producers. Not surprisingly, Meta wants to add more services for creators because it needs their help to keep growing the metaverse.</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/11/03/meta-will-soon-let-artists-sell-nfts-in-app/">Meta Will Soon Let Artists Sell NFTs In-app.</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>Meta Is Now Open for NFT posting. Wallet Security Concerns</title>
		<link>https://cryptoupdate.io/2022/09/02/meta-is-now-open-for-nft-posting-wallet-security-concerns/</link>
					<comments>https://cryptoupdate.io/2022/09/02/meta-is-now-open-for-nft-posting-wallet-security-concerns/#respond</comments>
		
		<dc:creator><![CDATA[Sophia N.]]></dc:creator>
		<pubDate>Fri, 02 Sep 2022 19:45:41 +0000</pubDate>
				<category><![CDATA[NFT]]></category>
		<category><![CDATA[Coinbase]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[data]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[hardware wallet]]></category>
		<category><![CDATA[MetaMask]]></category>
		<category><![CDATA[Metaverse]]></category>
		<category><![CDATA[NFT Crypto]]></category>
		<category><![CDATA[NFTs]]></category>
		<category><![CDATA[Novi]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=5913</guid>

					<description><![CDATA[<p>Meta Platforms Inc has allowed individuals to submit their NFTs online.The history of data breaches at this organization raises serious concerns about its security. Metamask and Coinbase users may now connect to Facebook and Instagram.Users of crypto currencies were curious about how Meta will make use of NFT data.Represantatives of Meta said that they gather [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/09/02/meta-is-now-open-for-nft-posting-wallet-security-concerns/">Meta Is Now Open for NFT posting. Wallet Security Concerns</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Meta Platforms Inc has allowed individuals to submit their NFTs online.<br>The history of data breaches at this organization raises serious concerns about its security.</p>



<p>Metamask and <a href="https://cryptoupdate.io/2022/08/05/introduction-of-nft-feature-by-instagram-adding-coinbase-wallet/">Coinbase</a> users may now connect to <a href="https://cryptoupdate.io/2021/09/28/facebook-confirms-to-invest-50m-for-developing-its-metaverse/">Facebook</a> and Instagram.<br>Users of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> currencies were curious about how Meta will make use of NFT data.<br>Represantatives of Meta said that they gather and arrange data from open blockchains.<br>They can only identify collectors&rsquo; and makers&rsquo; collectibles from public blockchain data when users link third-party wallets to Instagram.</p>



<p>Meta closed its <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> wallet Novi, which was formerly known as Libra, in July.</p>



<p>It designed the wallet with the intention of facilitating borderless <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> and fiat payments, but ended the project when regulators in numerous countries complained.</p>



<p>The company granted access to user information to unaffiliated third parties. Cambridge Analytica was caught stealing Facebook user data from a quiz app.</p>



<p>A former employee revealed the data leak. He said the company illegally created 50 million accounts using personal data. The dispute between Meta and Cambridge Analytica was resolved.</p>



<p>Yet, Meta&rsquo;s data protection wasn&rsquo;t the only issue. A hacker forum posted 533 million Facebook users&rsquo; personal data in April 2021, Business Insider reported. 32 million Americans, 11 million Brits, and 6 million Indians were victims.</p>



<h2 class="wp-block-heading" id="h-concerns-about-the-safety-of-wallets">Concerns about the Safety of Wallets</h2>



<p>Because of Meta&rsquo;s past, members of the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> community is skeptical about the safety of wallets and NFTs. NPC-Picac tweeted that they don&rsquo;t believe connecting digital things to Meta is <a class="lar-automated-link" href="https://wise.prf.hn/click/camref:1011lkhza/pubref:cryptoupdate" rel="nofollow noopener" target="_self" 8432>wise</a>.</p>



<p>Another member of the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> community expressed confusion on the way in which Meta will exploit NFT data. He was concerned that Meta would link the data from public blockchains to its existing database.</p>



<h2 class="wp-block-heading" id="h-secure-wallets-on-meta">Secure Wallets on Meta</h2>



<p>Use two-step verification if you use Coinbase&rsquo;s wallet.<br>Enable Google Duo on the Coinbase wallet app.<br>Use multisigs for non-custodial wallets; this will need you to store your private key in a few different locations.<br>You may also choose to write or save information offline.<br>For optimal security, use a hardware <a href="https://cryptoupdate.io/2021/09/30/best-crypto-wallets-you-can-try-in-2021/">wallet</a>.</p>


<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/09/02/meta-is-now-open-for-nft-posting-wallet-security-concerns/">Meta Is Now Open for NFT posting. Wallet Security Concerns</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>What Is An NFT Mystery Box?</title>
		<link>https://cryptoupdate.io/2022/04/24/what-is-an-nft-mystery-box/</link>
					<comments>https://cryptoupdate.io/2022/04/24/what-is-an-nft-mystery-box/#respond</comments>
		
		<dc:creator><![CDATA[Chavy S.]]></dc:creator>
		<pubDate>Sun, 24 Apr 2022 11:28:00 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Binance NFT]]></category>
		<category><![CDATA[Binance Smart Chain]]></category>
		<category><![CDATA[MetaMask]]></category>
		<category><![CDATA[NFT mystery box]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=4568</guid>

					<description><![CDATA[<p>An NFT mystery box consists of a unique random product. Many buyers are ready to pay a fixed amount without realizing the product until they open the mystery box. Most buyers wonder why anybody would buy such a thing when they don&#8217;t have any idea about what&#8217;s inside.&#160; Like opening a gift, buyers expect to [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/04/24/what-is-an-nft-mystery-box/">What Is An NFT Mystery Box?</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>An NFT mystery box consists of a unique random product. Many buyers are ready to pay a fixed amount without realizing the product until they open the mystery box. Most buyers wonder why anybody would buy such a thing when they don&rsquo;t have any idea about what&rsquo;s inside.&nbsp;</p>



<p>Like opening a gift, buyers expect to get a rare or special product at a relatively small amount. The curiosity and expectation attract people of all ages. You can also consider mystery boxes like an advanced version of fun treat or surprise chocolate eggs you have had in your early days.&nbsp;</p>



<p>Usually, these chocolate eggs have a toy or any other surprise in a capsule. Before opening it, you don&rsquo;t know what&rsquo;s inside it. You may not or may like the gift, but that little surprise makes you thrilled about it.&nbsp;</p>



<p>NFT Mystery Box has the same functionality, except that you don&rsquo;t receive a delectable chocolate shell, plus the number of boxes is restricted. The trend of mystery boxes has appeared in the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> world with the rise of the NFT marketplace in early 2021.</p>



<p>Today, plenty of companies are launching limited-edition mystery boxes containing NFTs of various levels of rarity to attract their buyers.&nbsp;</p>



<p>Presently, there are hundreds of thousands of mystery boxes available out there. When you purchase it from a collection, you can have an idea of the product inside it by reading its description. Some blockchain games, like Metamon, DeHero, and Axie Infinity, give you unique in-game products in mystery boxes.&nbsp;</p>



<p>These limited NFT products can be skins, virtual lands, characters, or other collectibles. The NFT within the mystery box might astonish you. Since the usual NFTs could rapidly lose their value after the first sale, the unique NFTs can only value more than their price tag if there is a huge demand. If you are fortunate to explore these very demanded mystery box NFTs, you can quickly sell them in auction houses or NFT marketplaces.</p>



<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="576" src="https://cryptoupdate.io/wp-content/uploads/2022/04/NFT-3-1024x576.jpg" alt="NFT 3 1024x576" class="wp-image-4570" title="What Is An NFT Mystery Box?" srcset="https://cryptoupdate.io/wp-content/uploads/2022/04/NFT-3-1024x576.jpg 1024w, https://cryptoupdate.io/wp-content/uploads/2022/04/NFT-3-300x169.jpg 300w, https://cryptoupdate.io/wp-content/uploads/2022/04/NFT-3-768x432.jpg 768w, https://cryptoupdate.io/wp-content/uploads/2022/04/NFT-3-696x391.jpg 696w, https://cryptoupdate.io/wp-content/uploads/2022/04/NFT-3-600x337.jpg 600w, https://cryptoupdate.io/wp-content/uploads/2022/04/NFT-3.jpg 1268w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption>What Is An NFT Mystery Box? 2</figcaption></figure>



<p><strong>Where can you receive an NFT mystery box?</strong></p>



<p>Multiple NFT collections are available in the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> marketplace, and you can buy them from various platforms. Every day, there is new NFT series launching, so the perfect way to get new mystery boxes is through the best NFT marketplaces, such as SuperRare, Rarible, OpenSea, and the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a> NFT Marketplace.</p>



<p>A few NFT marketplaces team up with famous brands to regularly launch mystery boxes. To purchase a mystery box on the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a> platform, you will first have to create your account. If you already signed up, you can use your account to buy an NFT mystery box without creating a new account.&nbsp;</p>



<p>To buy on other platforms or keep your NFTs, you will require a <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> wallet on Ethereum networks or <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a> Smart Chain (BSC), based on the marketplace you&rsquo;re using. You can choose from wallets like <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a> Wallet, Trust Wallet, and MetaMask. Buying NFT mystery boxes typically needs <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>BUSD</a>, BNB, or ETH.&nbsp;</p>



<p><strong>How to buy a Mystery Box on <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a> NFT</strong></p>



<p>Follow these steps to buy a Mystery box on <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a>.&nbsp;</p>



<ul class="wp-block-list"><li>Visit your <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a> NFT app and log in to your <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>binance</a> account. If you don&rsquo;t have your account, you will need to create one first.&nbsp;</li><li>Now click on the option Mystery Boxes. Then look for the options Explore Marketplace, and you will be redirected to the available Mystery Box Market.</li><li>Choose the filter Unopened for finding sealed NFT mystery boxes of your preference.&nbsp;</li><li>For instance, you will find VOGUE SG MYSTERY BOX. Click on it to visit the product page.</li><li>You will now discover more information regarding the NFT mystery box, comprising the expiration date, price, description, and other information.</li><li>For instance, you can click on the option &ldquo;Series Content&rdquo; and see the NFT rarity ranking, such as the chance to get a &ldquo;super rare mystery box from the box.&nbsp;</li><li>Now, click on the &ldquo;buy now&rdquo; option to purchase the mystery box. A pop-up will appear with the details of your order. Click on the confirm option to confirm your purchase.</li></ul>



<p><strong>How you can open your NFT mystery box</strong></p>



<p>When you buy your mystery box, it will get saved in Collection &ndash; Mystery Boxes menu.</p>



<ul class="wp-block-list"><li>Click on the option &ldquo;mystery box&rdquo; and enter the product page</li><li>Now, click on the option &ldquo;click to reveal&rdquo; for opening it</li><li>You will get a pop-up saying &ldquo;Open Box&rdquo; click on it</li><li>Then you will spot the artwork, which will be saved in Collection &ndash; Mystery Boxes.</li></ul>



<p><strong>How to sell a Mystery Box on <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a> NFT</strong></p>



<p>You can prefer selling the unopened boxes or the NFTs you have received from them on your <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a> NFT Market.&nbsp;</p>



<ul class="wp-block-list"><li>Go to the product page and click on List NFT.</li><li>You will reach the product listing page. If you want to sell it at auction, select the &ldquo;Highest Bid&rdquo; option. In the &ldquo;Minimum Bid,&rdquo; you can type the initial price for your product listing. Also, you can add a &ldquo;Buy-out Price&rdquo; to make a direct purchase. If you want to have a quick sale without bidding, you can choose the option of &ldquo;Set Price.&rdquo;</li><li>Then you will notice a &ldquo;Price&rdquo; section to select how much you demand selling your NFT. You can refer to get <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>BUSD</a>, BNB, or ETH as payment.&nbsp;</li><li>Select a finish date for your sale and agree on the terms and click on submit.</li></ul>



<p><strong>How to withdraw an NFT from <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a></strong></p>



<p>Presently, the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Binance</a> NFT market doesn&rsquo;t give the withdrawal option of NFT mystery box. In its place, you will require opening your mystery box, and after that, you can withdraw your NFT.&nbsp;&nbsp;</p>



<ul class="wp-block-list"><li>Once you open the mystery box, visit the option Collection-Boxes and then click on your preferred NFT that you want to withdraw. After that, click on Withdraw option on the NFT page.&nbsp;</li><li>Now, choose the preferred wallet network, and add the Destination Wallet Address. If you have not linked any wallet, you can click on the option &ldquo;Add a Wallet.&rdquo; You will go to the Connect Wallet option.&nbsp;</li><li>At last, verify that your chosen <a href="https://cryptoupdate.io/2022/02/08/saudi-digital-academy-partners-with-bsv-association-to-establish-new-blockchain-academy/">blockchain</a> network is compatible; otherwise, you might lose your NFT.</li></ul>



<p><strong>Conclusion</strong></p>



<p>Since the volume of <a href="https://www.bloomberg.com/news/articles/2022-04-19/crypto-exchange-okcoin-launches-fee-free-nft-trading-marketplace" rel="nofollow noopener" target="_blank">NFT trading</a> keeps surging, mystery boxes can be an excellent way to begin getting engaged with NFTs. The notion of surprise, plus the possibility to receive rare NFT artwork at a reduced price, will keep these boxes&rsquo; buzz going.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/04/24/what-is-an-nft-mystery-box/">What Is An NFT Mystery Box?</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>Rs 5 Crore of Crypto Wallet Wiped out Completely in Few Seconds</title>
		<link>https://cryptoupdate.io/2022/04/21/rs-5-crore-of-crypto-wallet-wiped-out-completely-in-few-seconds/</link>
					<comments>https://cryptoupdate.io/2022/04/21/rs-5-crore-of-crypto-wallet-wiped-out-completely-in-few-seconds/#respond</comments>
		
		<dc:creator><![CDATA[Chavy S.]]></dc:creator>
		<pubDate>Thu, 21 Apr 2022 06:20:40 +0000</pubDate>
				<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[Crypto Security]]></category>
		<category><![CDATA[Crypto wallet]]></category>
		<category><![CDATA[Domenic Iacovone]]></category>
		<category><![CDATA[MetaMask]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=4587</guid>

					<description><![CDATA[<p>The crypto trader has become the victim of this scam, this also resulted to lose $650,000 worth of the crypto currency &#038; NFT. This incident is shared through the trader. Domenic Iacovone get the complete crypto wallet to be stripped off by the scammers. Domenic also have store the digital assets on the crypto currency [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/04/21/rs-5-crore-of-crypto-wallet-wiped-out-completely-in-few-seconds/">Rs 5 Crore of Crypto Wallet Wiped out Completely in Few Seconds</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> trader has become the victim of this scam, this also resulted to lose $650,000 worth of the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> currency & NFT. This incident is shared through the trader. Domenic Iacovone get the complete <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> wallet to be stripped off by the scammers. Domenic also have store the digital assets on the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> currency wallet known as MetaMask. Explaining such incident, they shared. Apparently, the Domenic receive a phone call which also led to such incident.</p>



<p>However, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> trader receives the multiple messages to reset the Apple ID & his password. Brushing completely off as the scam attempts, Domenic do not pay the heed. Following it, he receives the call from the Apple Inc. This call is receiving on iPhone & the number is associate along Apple. This also made believe that call is quite genuine.</p>



<p>People get the phone call from Apple, factually from the Apple (on caller ID). Known as it is back as it was suspect fraud and it is apple number so it is believing. The person, mentions that Domenic that the account is also compromise this they need the OTP. It ensures the authenticity of the credentials. It also gave them OTP; his account is wipe off of various digital assets that store on MetaMask.</p>



<h2 class="wp-block-heading" id="h-crypto-security-is-crucial"><a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a> Security is crucial</h2>



<p>The advisor of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> security took cognizance of matter and also share the additional details related to incident. This includes screenshots of various Domenic phone.</p>



<p>According to the Serpent, there is also some seed phrase, which is the 12-digit number. This should never be share with anyone. The seed phrase is single way to access the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> wallet. Moreover, <a href="https://cryptoupdate.io/2022/04/18/metamask-warns-apple-users-over-icloud-phishing-attacks/">MetaMask </a>stores the seed phrase file from iCloud that scammers get access to the Domenic&rsquo;s wallet. Subsequently, all they require was the <a href="https://en.wikipedia.org/wiki/One-time_password" rel="nofollow noopener" target="_blank">OTP</a> that is on the phone. Before such incident, service of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> wallet not reveal that they store file of seed phrase on iCloud</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/04/21/rs-5-crore-of-crypto-wallet-wiped-out-completely-in-few-seconds/">Rs 5 Crore of Crypto Wallet Wiped out Completely in Few Seconds</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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