A South Korean province is using the Metaverse for closer economic ties with Vietnam, and a sophisticated phishing scam has revealed 14 Bored Apes.
South Korea’s Gyeonbuk Province has announced plans to use Web3 technology to expand economic ties with Vietnam.

In a Dec. 19 announcement, provincial governor Lee Cheol-woo said the Metaverse project will focus on “expanding economic, cultural, commercial and people-centered ties with Vietnam.”

Last June, the province announced it would invest $13.8 million to establish itself as a hub for Metaverse innovations in hopes of boosting the local economy.

South Korea has been very active in the development of Metaverse since the beginning of 2022 and aims to become the 5th largest Metaverse-enabled country in the world. It has committed $186.7 million to create a global Metaverse platform known as Expanded Virtual World.

14 annoyed monkeys robbed in phishing scam
A cybersecurity analyst using the name Serpent detailed in a lengthy article on December 17 how a scammer allegedly stole 14 non-fungible tokens (NFTs) from the Bored Ape Yacht Club (BAYC) through a social engineering scam. ‘a month.

The analyst claimed the scam started when the victim was asked to license the monkeys’ intellectual property rights, with the scammer claiming to be “a casting director working for ‘Forte Pictures'” on an NFT The related movie titled The Return of Time Serpent said the alias used by the alleged scammer was fake, even though Forte Pictures is a genuine (and unaffiliated) company.

Using a fake website, fake locations, legal contracts and other sophisticated tricks including Twitter Spaces to build their credibility, they bid for NFTs and directed the victim to a fake platform NFT where they were asked to “sign a contract”. , meaning where the wallet leak took place.

“The scam website showed a signature for a gasless seaport which they claimed he had to sign for the license. However, the signature actually created a private list of all of the victim’s BAYCs for the scammer for 0.00000001 ETH,” Serpent said.

“The scammer’s secret network funded wallet executed the match order function to complete the private sale. The scammer then accepted the highest WETH bids for all NFTs and then converted the 852.86 WETH to 1.07M DAI,” the analyst added.

Stay safe in Web3. Learn more about Web3 Antivirus →
Manchester United launches the NFT collection
Manchester United Football Club has launched its first collection of NFTs on the Tezos blockchain.

According to the collection’s website, the first drop was free and fans only had to log in with their Tezos wallets to claim an NFT.

NFTs were divided into three groups based on their rarity – Classic, Rare, and Ultra Rare – and distributed randomly to subscribed fans.

Each NFT acts as a key that grants access to competitions, tickets, content on Discord and the ability to join the club’s new virtual world, which will be introduced later.

Trump NFT Collection Images Right Clicked?
Careful social media investigators are wondering if Donald Trump’s NFT collection project has plagiarized images from other sources.

On December 15, the former US president unveiled a collection of 45,000 NFT trading cards, with the artwork featuring him in outfits including golf gear, hunting gear and a superhero costume. .

In the days following the NFT outage, some Twitter users performed reverse image searches on Google and found similarities between the NFTs and images from a variety of other sources, including Amazon and Shutterstock.

In one example, Matthew Sheffield, who describes himself as a right-wing media operative, compared an NFT of Trump wearing waders and holding a gun to a very similar set of waders from a hunting apparel company.

Cooler news:
Amazon’s new NFTMe series explores NFT culture and unrest around the world as artists, collectors and industry professionals from around the world share their experiences with NFTs and how the fusion of art and of technology has had a positive impact on their daily lives.

Related: NFTs and Soulbound Tokens Define Web3 Cinema, Says Director

Artist and founder of the Lucky Ducky family NFT collection, Jerem

Source: CoinTelegraph