The U.S. Federal Bureau of Investigation (FBI) has raised alarms about cybercriminals impersonating legitimate NFT developers, according to a recent advisory. Their aim? To deceitfully extract cryptocurrency and other digital assets from unsuspecting individuals. These cyber crooks employ a two-pronged approach – Some directly infiltrate the social media accounts of genuine NFT developers, while others…
Copenhagen Fashion Week, Scandinavia’s premier fashion event, has teamed up with the luxury mobile style game, Drest, which will allow users to have their own bit of fun by styling avatars and assembling streetwear outfits, all within Drest’s virtual space. From August 7 to August 12, users can engage in daily in-game challenges that evoke the…
Mass adoption of stablecoins requires consumer protection and sensible regulation.
A VRM avatar is a 3D avatar format designed for interoperability.
Welcome to Now AI, your weekly breakdown of the most compelling developments happening in artificial intelligence. Whether you’re an AI enthusiast, artist, or just intrigued by technological progress, this is your hub for in-depth insights, expert interviews, and tools changing the landscape. In this week’s edition, we spoke with the talented Tomeo, who reveals the…
As we eagerly await the arrival of The Gateway Korea, we invite you to join us on the journey to our flagship event going global. The Gateway will feature an audio-visual gallery where art, technology, and community unite. Attendees will also be able to engage in fireside chats with visionary creators worldwide, representing both Western…
For the fifth consecutive month, the digital collectibles (NFT) market has continued to show a significant decline, with sales falling to $495.6 million in July – the lowest level since April 2021. According to data from NFT aggregator CryptoSlam, NFT sales have been declining since February, when the sector saw sales hit a staggering $1.2…
PayPal has announced the launch of a new dollar-backed stablecoin, marking the first time a major U.S. financial company has created a stablecoin, according to a statement published on Monday. This solidifies the American payments giant’s teaser in early 2022. The stablecoin, named PayPal USD, an ERC-20 token, is issued on the Ethereum blockchain by…
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s…
