Search results for "BORED"

Cornell University developed a $2 rental solution for a $50,000 NFT technology.

Gate News bot message, a research team at Cornell University's New York campus (Cornell Tech) has launched a blockchain asset temporary control technology called "Liquefaction." According to TheBlock, this technology allows for temporary usage rights of others' blockchain assets under specific conditions, such as Bored Ape NFT. In the actual demo, users pay $2 to get the temporary right to use $50,000 worth of NFTs, but they don't have full rights such as selling. The research team's technical solutions involve multiple blockchain application scenarios such as DAO voting, airdrops, and loyalty points.
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New developments in the case of the dark web drug platform by former students of National Taiwan University: digital assets stolen in a hacker attack.

Gate News bot news, Dongsen News reported that there is a new development in the case of Lin Ruixiang, a former student of National Taiwan University, regarding the dark web drug trading platform. In February 2024, Lin's Crypto Assets and NFT ( assets were stolen in a hacking attack. The Hacker disguised as an investor, luring Lin to download software containing malicious programs to carry out the theft. It is reported that Lin previously showed his transactions on social media, with a monthly trading volume of more than $1 million, and holds multiple Bored Ape Yacht Club NFTs. Lin was arrested by the Federal Bureau of Investigation (FBI) in May 2024. Prior to this, the dark web platform operated by it was shut down and restarted, and users were asked for $20,000 in confidentiality fees, otherwise users' personal information would be leaked. Source: Dongsen News
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Cornell University has launched the "Liquefaction" use case for the first time, allowing users to borrow tokens without having ownership.

Researchers at Cornell University of Science and Technology have for the first time proposed a use case for a cutting-edge concept that challenges a core assumption of blockchain security: only private key holders can control digital assets. The app, called "Take My Ape," employs a process called "Liquefaction," which allows users to temporarily access blockchain assets, such as Bored Ape NFTs, without actually owning them. The project was launched on June 11 on the occasion of the 10th anniversary of the Cryptocurrency & Contracts Initiative (IC3).
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Somnia launches World Builder tool, allowing users to create their own virtual worlds

Somnia has launched the World Builder tool, which can create 3D experiences through visual editors and code editors, while providing real-time playback views and collaboration functions. The tool can build customized games, experiences and virtual worlds that are compatible with the Somnia ecosystem.
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ZachXBT: Law enforcement mistakenly detained a former Yuga Labs security researcher in the 2022 BAYC NFT theft case.

In a cyber theft case that occurred in 2022, $1.1 million worth of BAYC NFTs were stolen, and law enforcement mistakenly arrested former Yuga Labs security researcher Sam Curry. On-chain detective ZachXBT confirmed the wallet behind the eyewash and found it related to a deleted X account. At the time of the incident, each stolen Bored Ape Yacht Club NFT was worth approximately $86,000.
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ZachXBT: Law enforcement mistakenly detained a former Yuga Labs security researcher in the 2022 BAYC NFT theft case.

A cyber theft that occurred in 2022 resulted in the theft of $1.1 million worth of BAYC NFT, leading law enforcement to mistakenly arrest former Yuga Labs security researcher Sam Curry. On-chain detective ZachXBT confirmed the wallet behind the eyewash and found links to a deleted X account. At the time of the incident, each stolen Bored Ape Yacht Club NFT was valued at approximately $86,000.
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