NFT News - Optimisus

$1.2M Penalty in NFT Theft via Apple Support Pretense

5 months ago 1 min read

Crypto Scammer Faces $1.2M Payout for NFT Theft through Apple Support Deception

In the most recent crypto-related case, Amir Hossein Golshan, a 25-year-old Los Angeles man, was sentenced to eight years in federal prison and ordered to pay $1.2 million in restitution. Golshan orchestrated a series of scams in which he posed as an Apple support representative, stealing non-fungible tokens (NFTs) and crypto through tactics such as SIM swapping and social media account takeovers. Over the course of several years, Golshan’s crimes targeted hundreds of victims, resulting in approximately $740,000 in losses. He gained unauthorized access to victims’ digital accounts by tricking them into disclosing personal information such as SIM card details

The Simpsons Delve into NFTs and Blockchain in Halloween Special

6 months ago 1 min read

The Simpsons Features NFTs and Blockchain in Halloween Episode

In a special Halloween episode of The Simpsons, titled “Treehouse of Horror 34,” non-fungible tokens (NFTs) and blockchain technology took center stage. The episode, known for its spooky and satirical takes on pop culture, made several humorous references to the world of on-chain NFTs in its first chapter, titled “Wild Barts Can’t Be Token.” For those not familiar, NFTs are a unique type of cryptocurrency asset that allows holders to prove their ownership of real or digital items. In this animated adventure, Marge embarks on a journey through the blockchain to rescue Bart, who has transformed into a living NFT.

6 months ago 2 mins read

Leading NFT Exchange, OpenSea, To Cut Off 50% Of Its Workforce

OpenSea, the largest NFT marketplace, announced on Friday that it was parting ways with half of its workforce. CEO Devin Finzer shared a detailed nine-part Twitter thread outlining their plans to revamp the OpenSea product line and corporate culture. This decision is a crucial part of OpenSea’s strategy to streamline operations and foster innovation, a plan that Finzer had recently discussed on social media. The goal is to create a closer, more direct connection with the user community. In a candid statement, Finzer acknowledged the difficulty of this decision but emphasized its importance in reshaping the marketplace’s functionality. He expressed

Yuga Labs, a leading NFT developer, has announced plans to streamline its workforce and refocus on core projects.

7 months ago 1 min read

Yuga Labs announces plans to streamline its workforce and refocus on core projects

Yuga Labs, a leading NFT developer, has announced plans to streamline its workforce and refocus on core projects. The decision to restructure was outlined in an email from CEO Daniel Alegre on October 6, who explained the need to adapt to the current market conditions. Alegre acknowledged that the company had taken on numerous projects, some of which extended beyond their expertise and stretched their resources thin. He noted, “I realized very quickly that there were a number of projects that, while well-intentioned, either spread the team too thin or required execution expertise beyond our core competencies.” While the exact

Trump NFTs Gain Momentum: Price and Trading Surge After Eventful Week

8 months ago 2 mins read

Donald Trump NFTs Experience Surge in Trading Amidst Eventful Week

The Trump Digital Trading Cards, a collection of non-fungible tokens (NFTs) featuring illustrated depictions of Donald Trump, have experienced a significant upswing in both price and trading volume. This surge has been attributed to a week filled with noteworthy events in the US political landscape. The boost in trading activity is closely tied to two key developments: the release of Donald Trump’s mugshot and his interview with former Fox News host, Tucker Carlson. The saga began on Thursday, August 24, when Donald Trump’s mugshot circulated after he turned himself in at the Fulton County Sheriff’s office as part of a

Yuga Labs, the team behind BAYC NFTS decided to terminate their partnership with OpenSea

8 months ago 2 mins read

Yuga Labs Ends Collaboration with OpenSea Amidst Creator Royalties Dispute

Yuga Labs, the driving force behind the iconic Bored Ape Yacht Club (BAYC) NFT collection, has made an announcement. The developers have decided to terminate their partnership with OpenSea, a leading NFT marketplace. This move comes as a reaction to OpenSea’s upcoming shift towards a discretionary royalty structure, which has stirred a considerable response within the NFT community. OpenSea, a prominent platform for trading non-fungible tokens (NFTs), recently unveiled changes to its creator fee structure. As of August 31, 2023, new collections will no longer be mandated to include royalties. OpenSea’s introduction of this discretionary approach was communicated through an

8 months ago 2 mins read

Bitcoin Ordinals NFT Trading Volume Drops by 98%

The world of cryptocurrency has witnessed a dramatic turn of events as trading volume for the Bitcoin Ordinals NFT has experienced a staggering 98% decline since May. This plummet in trading activity has raised concerns about the level of user engagement within the Bitcoin Ordinals ecosystem. Recent data from DappRadar paints a bleak picture of the Bitcoin Ordinals NFT market. According to their reports, the trading volume for Bitcoin Ordinals NFTs has plummeted by approximately 98% since the month of May. This abrupt decline is indicative of a significant decrease in user participation within this niche. From a robust $452

Coinbase's Base Partners with Coca-Cola for Exclusive 'Masterpiece' NFT Launch

9 months ago 1 min read

Coca-Cola Unveils Exclusive NFT ‘Masterpiece’ Series on Coinbase’s Base

Coinbase’s groundbreaking launch of the Layer-2 platform Base has set off a wave of digital innovation, drawing the attention of major players like Coca-Cola. The renowned American multinational corporation has made its foray into the non-fungible token (NFT) realm with the captivating ‘Masterpiece’ collection unveiled on August 13. In an exciting move, Coca-Cola presents its eight-piece NFT collection, aptly named ‘Masterpiece.’ This remarkable assembly features a fusion of classic masterpieces and cutting-edge digital artwork Ranging from iconic creations like Edvard Munch’s legendary “The Scream” to the avant-garde expressions of emerging talents like Aket and Vikram Kushwah, the collection showcases a

Ducati has recently made a significant leap into the world of digital collectibles by launching its first-ever NFT collection.

9 months ago 2 mins read

Ducati Introduces NFT Collection Powered by XRP Ledger

Ducati has recently made a significant leap into the world of digital collectibles by launching its first-ever NFT collection. To power this groundbreaking release, Ducati has joined forces with XRP Ledger, a leading blockchain technology platform. This collaboration was initially announced in July 2022, and after much anticipation, the NFT launch is finally underway. While the exact connection between the launch and the recent Ripple case victory remains unclear, Ducati enthusiasts and crypto enthusiasts alike are eagerly looking forward to the NFT collection that will showcase the iconic Ducati logos used on motorcycles since 1946. Ducati’s venture into the NFT

9 months ago 1 min read

NFTs in Free Fall as Jack Dorsey’s Tweet NFT Receives $1.14 Bid After Being Sold for $2.9 Million in 2021

On Twitter, renowned author Nassim Nicholas Taleb, known for his influential book “Black Swan,” took a critical stance against the rapidly growing non-fungible token (NFT) industry. He highlighted the significant drop in value that some tokens have experienced since their peak, questioning their suitability as an investment choice. Taleb’s criticism resonated as he pointed out the lack of intrinsic value in NFTs, emphasizing the speculative nature that surrounds them. Nassim Taleb’s tweet served as a potent critique of the NFT market, raising concerns about their viability as investments. He attributed their decline in value to the absence of any inherent

10 months ago 1 min read

NFTs Valued at $765K Stolen in Gutter Cat Gang SIM Swap Attack

In a shocking turn of events, the Gutter Cat Gang NFT project has fallen victim to a SIM swap attack, resulting in the theft of more than $765,000 worth of nonfungible tokens (NFTs). The security breach was discovered by vigilant members of the NFT community, who noticed suspicious activity on the project’s Twitter accounts. Co-founder @GutterMitch took to Twitter to issue a warning, stating that their accounts had been compromised and urging users not to interact with any links. The hacker(s) behind the attack used the compromised accounts to share fraudulent links to fake “limited edition” Gutter Cat Gang NFT

Dior's Limited Edition Ethereum-Powered Shoes

10 months ago 2 mins read

Dior Unveils Exclusive Limited Edition Ethereum-Powered Sneakers

Dior, the iconic French luxury fashion house, is embracing the power of blockchain technology with its latest men’s footwear line. The brand’s innovative approach introduces a unique online authentication system and corresponding Non-Fungible Tokens (NFTs) for each pair of sneakers, elevating authenticity and exclusivity to new heights. The B33 sneaker, a masterpiece designed by Dior Menswear’s artistic director Kim Jones, marks the beginning of this groundbreaking venture. The B33 sneaker combines the finest mohair with Dior’s signature Oblique pattern, blending style and innovation seamlessly. The modern silhouette and vibrant pop colors redefine the classic tennis shoe, complemented by brown suede