NFTs Coming to Instagram in ‘Several Months’ Meta-owned major photo and video social network Instagram might start supporting “some” NFTs “over the next several months,” according to multiple reports, citing Meta CEO Mark Zuckerberg. He also stressed the importance of the metaverse for his company.
In a conversation at Austin’s South by Southwest Festival (SXSW) on Tuesday, Zuckerberg announced the plan without disclosing many details, saying that the feature would go live as soon as Instagram works out the technical challenges.
“I’m not ready to announce exactly what that’s going to be today, but, over the next several months, the ability to bring some of your NFTs in, and hopefully over time be able to mint things within that environment,” the CEO was quoted as saying by TechCrunch.
Also, according to Hannah Murphy, a tech reporter at the Financial Times, Zuckerberg hopes that avatar clothing in the metaverse could be minted as NFTs.
As reported, Instagram head Adam Mosseri confirmed the NFT plans in December, detailing that the popular social media platform was “actively exploring NFTs,” and that they were looking into making them “accessible to a broader audience.”
Nft
Descentraland MANA starting wave 5 of 5 of 3MANA structure is really nice. To end all of wave 3 (green) MANA needs one more high towards 15 - 20, the region of confluence defined by ext 2,382 green, ext 3,00 blue and ext 2,618 white. Wave 5 of 5 of 3 has itself five waves, of which wave 1 and 2 (white) are done. We shall see very soon a nice upside move in MANA. Once this wave 3 green is complete, a wave 4 will send price back to the same level where it is now. i.e. 2.20
$OG/BTC (#BinanceSpot) Descending trendline breakout & retestOG Fan Token regained 50MA support and is pulling back to it, good spot to place bids.
ogs.gg www.socios.com
Current Price= 0.0001001
Buy Entry= 0.0001001 - 0.0000931
Take Profit= 0.0001222 | 0.0001489 | 0.0001920
Stop Loss= 0.0000789
Risk/Reward= 1:1.45| 1:2.95 | 1:5.39
Expected Profit= +26.50% | +54.14% | +98.76%
Possible Loss= -18.32%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Contract:
#ChilizChain 0x7bcb8bB59298ba3Aed51a6a0348187Ba4ffD1c69
BULLISH PINBAR, AXIE MAY HIT $60 SOONFundamentals have favoured AXIE lately and it is one of the reasons why AVAX has been trending.
if you look back to 3 days ago, there was a bullish pin-bar and this also points towards some bull run.
With my analysis at the CMP of which I took some buy positions. I feel AXIE may rally to m $60 zone. However, if the push up can break through the $60 which is also where the descending trendline is, it may rally to FIB 23.6 level to hit the $80 target.
NOTE: Please trade with care
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Just a few moments before Ethereum sell-off. Guys, alert on Ethereum price! Price entered Critical zone, the movement can be insanely huge. If you like my graphics, please use Like button 💙💛
Guys, I have strong feeling of Deja Vu... Price of Ethereum at similar triangle to the Bitcoin 2020 sell-off case, the proof of the chart I've attached to the main graph, please compare it.
What kind of the move we can expect?
Possible move towards $2000 at first part , then move down to $1600 and final or semi-final to $1000 because traders and investors like round numbers. This might be not the bottom , but we going to see and I will try to make update on the way.
Stay safe
💙💛 Praying for Ukraine
NFT Viewers - Art BlocksArt Blocks provides artists a NFT platform to share and sell their artwork
NFT's have been around for awhile yet most are very new to this space
I just wanted to provide some insight around Art Blocks and the potential the project has in the NFT game
On all time volume on OpenSea Art Blocks Curated is very high in the rankings, yet on lower timeframes it is almost dismissed, as many follow PFP projects
For a long term project it has great potential and will provide fine art for all
$BTC Large scale TA : 03.09.22Let's look at the chart from a larger scale, that is, from the beginning of the bearish wave at 69K and the fall to 33K. If the price manages to break and consolidate above $ 46,600, the first and most important price target will be $ 51,000 (Equilibrium) . Note that this analysis is complementary to previous analyzes, so pls read the previous analyzes .
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👤 Arman Shaban : @ArmanShabanTrading
📅 09.MAR.22
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BITCOIN Daily TA : 03.09.22 : $BTC As I mentioned in the previous analysis, I expected the price to fill this range of FVG box , which I told you before , as its first target, which it did exactly did that, now we have to wait for the price to reach the specific levels that i mentioned in the previous analysis . Now we have to wait for the price to reach and react to the previously announced levels and update the analysis again in each level. I hope you have used this analysis of BTC . 🍻🔥
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📅 09.MAR.22
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Gem Section 💎APENFT #1Hello traders,
this is Illyrian Trader with my gem 💎 section to hold for good returns in 1-2 years.
According to cmc :
APENFT was officially registered in Singapore on March 29, 2021 to meet opportunities and address pain points in the industry.
Core businesses of APENFT include: investing in top NFT platforms and artworks, incubating leading NFT artists to build a bridge between world-class artists and the NFT world; sponsoring galleries, organizing art exhibitions or publications, and setting up awards to support art creation and criticism; establishing art collections, etc.
By applying blockchain technology into the NFT world, APENFT Fund expands the use cases of blockchain. The Fund purchases well-known traditional and NFT artworks as underlying assets, and works to improve the NFT trading standard. It provides support to government agencies, universities, lawyers and industry elites in issuing policies that govern the healthy development of the industry.
There are now three major use cases in the blockchain industry, namely value exchange, collaboration, and record-keeping. The unique NFT fits in all three of the use cases. It is not only a hot trend in the blockchain industry but also a critical element that is very likely to revolutionize the industry and take it to the next level. As a blockchain enterprise, APENFT will invest in artworks and promote traditional and digital art by leveraging its strengths in technology, market, industry and policy research, with the aim of introducing blockchain into diverse use cases.
Opensea phishing scandal reveals a security need across the NFT OpenSea’s latest vulnerability poses a larger and more deeper question relating to the global NFT ecosystem’s existing security infrastructure.
Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of mainstream mover and shakers including the likes of Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many others, have made their way into the burgeoning Metaverse ecosystem in recent months.
Also, owing to the fact that over the course of 2021 alone, global NFT sales topped out at $40 billion, many analysts expect this trend to continue into the future. For example, American investment bank Jefferies recently raised its market-cap forecast for the NFT sector to over $35 billion for 2022 and to over $80 billion for 2025 — a projection that was also echoed by JP Morgan.
However, as with any market growing at such an exponential rate, issues related to security have to be expected as well. In this regard, prominent nonfungible token (NFT) marketplace OpenSea recently fell victim to a phishing attack that took place just hours after the platform announced its week-long planned upgrade to delist all inactive NFTs.
Diving into the matter
On Feb 18, OpenSea revealed that it was going to initiate a smart contract upgrade, requiring all of its users to transfer their listed NFTs from the Ethereum blockchain to a new smart contract. Owing to the upgrade, users who failed to facilitate the above said migration stood at a risk of losing their old and inactive listings.
That said, due to the small migration deadline provided by OpenSea, hackers were presented with a potent window of opportunity. Within hours of the announcement, it was revealed that nefarious third party individuals have initiated a sophisticated phishing campaign, stealing NFTs from many users that were stored on the platform before they could be migrated over to the new smart contract.
Providing a technical breakdown of the matter, Neeraj Murarka, chief technical officer and cofounder of Bluezelle, a blockchain for GameFi ecosystem, told Cointelegraph that at the time of the incident, OpenSea was making use of a protocol called Wyvern, a standard tech module that most NFT web apps make use of since it allows for the management, storage, and transfer of these tokens within users' wallets.
Because the smart contract with Wyvern allowed users to work with the NFTs stored in their “wallets,” the hacker was able to send out emails to Opensea clients masquerading as a representative for the platform, encouraging them to sign “blind” transactions. Murarka further added:
“Metaphorically, this was like signing a blank check. Normally, this is okay if the payee is the intended recipient. Keep in mind that an email can be sent by anyone, but be made to appear to be sent by someone else. In this case, the payee appears to be a single hacker who was able to use these signed transactions to transfer out and effectively steal the NFTs from these users.”
Also, in an interesting twist of events, following the incident the hacker apparently returned some of the stolen NFTs to their rightful owners, with further efforts being made to return other lost assets. Providing his take on the entire matter, Alexander Klus, founder of Creaton, a Web3 content creation platform, told Cointelegraph that the phishing email campaign used a malicious signing transaction to approve all holdings to be able to be drained at any time. “We need better signing standards (EIP-712) so people can actually see what they are doing when approving a transaction.”
Lastly, Lior Yaffe, cofounder and director of Jelurida, a blockchain software company, pointed out that the episode was a direct result of the confusion surrounding OpenSea’s poorly planned smart contract upgrade, as well as the platform’s transaction approval architecture.
NFT marketplaces need to step up their security game
In Murarka’s view, web apps making use of the Wyvern smart contract system should be augmented with usability improvements to ensure that users don’t fall for such phishing attacks time and time again, adding:
“Very clear warnings should be made to educate the user about phishing attacks and driving home the fact that emails will never be sent, soliciting the user to take any steps. Web apps like OpenSea should adopt a strict protocol to never communicate with users via email apart from maybe just registration data.”
That said, he did concede that even if OpenSea were to adopt the safest security/privacy protocols and standards, it is still up to its users to educate themselves about these risks. “Unfortunately, the web app itself is often held responsible, even though it was the user that was phished. Who is responsible? The answer is unclear,” he noted.
A similar sentiment is shared by Jessie Chan, chief of staff at ParallelChain Lab, a decentralized blockchain ecosystem, who told Cointelegraph that regardless of how the entire attack was orchestrated, the issue not entirely dependant on OpenSea’s existing security protocols but also on user awareness against phishing. The question remains whether the marketplace operator should have been able to provide sufficient information to its users to keep them informed of how to deal with such scenarios.
Another possibility to mitigate any potential phishing events is by having all interactions between users and their web apps being driven solely via the use of a dedicated mobile/desktop interface. “If all interactions required the use of a desktop app, such attacks could be bypassed completely.”
Providing his take on the subject, Yaffe noted that the main problem — which lies at the heart of this whole issue — is the basic architecture of most NFT marketplaces, enabling users to simply sign a carte blanche approval for a third-party contract to use their private wallet without setting a spending limit:
“Since the OpenSea team did not really figure out the source of the phishing operation, it might as well happen again next time they attempt to make a change to their architecture.”
What can be done?
Murarka noted that the best way to eliminate the possibility of these attacks is if people start making use of hardware wallets. This is because most software wallets as well as other custodial storage solutions are too vulnerable in their general design and operational outlook. He further elaborated: “Much like Bitcoin, Ethereum, etc, NFTs themselves should be moved to hardware wallet accounts instead of leaving them on a centralized platform,” adding:
“Users need to be super aware of the risks of responding to and acting upon emails they receive. Emails can be faked very easily, and users need to be proactive about the safety of their crypto assets.”
Another thing NFT owners need to remember is that they should only be visiting web apps that employ high-quality security protocols, checking that the accessed marketplaces utilize the HTTPS mechanism (at the very least) while being able to clearly see a lock symbol on the top left of their browser window — which correctly points to the intended company — while visiting any webpage.
Yaffe believes that users should be careful with contract approvals and keep an accurate track of the contracts they have greenlighted in the past. “Users should revoke unnecessary or unsafe approvals. If possible users should specify a reasonable spending limit for every contract approval,” he concludes.
Related: Cointelegraph partners with Nitro Network to bring digital mining and decentralized internet to the masses
Lastly, Chan believes that in an ideal scenario, users should keep their wallets on a dedicated platform that they don’t use to read email or browse the web, adding that any such avenues are subject to all manners of third party attacks. He further stated:
“This is inconvenient, but when dealing with assets of great value and where there is no recourse in the event of theft, extreme care is justified. And, as with all financial transactions, they should be very careful in deciding who to deal with, since the counterparties can also steal your assets and disappear.”
Therefore, while moving into a future driven by NFTs and other similar novel digital offerings, it remains to be seen how platforms operating within this space continue to evolve and mature, especially as a growing amount of capital keeps making its way into the NFT market.
ETHEREUM 4H Analysis. Up or Down ? (Update)🟢 ETH rejected from the resistance of $3000 area. ETH is now taking support at $2580-$2600 area and needs to hold this level. The first resistance is $2750-$2760 level and $2850 area. The major resistance is $3000-$3150 area. If ETH breaks the $2580 support then the next good support is the $2350 area. USE proper stop loss in your trade.
⚠ This Analysis will be Updated.
✍ Analyzed By Amirhossein
⚠ DYOR
First Hyper-realistic Metaverse Project EVERDOME PredictionEverdome recently listed on industry leader CEX bybit, gate and okex. Also, its market cap is growing every day. Some of everdome plan
Dome-estate offering (Utility)
Land Sales - Purchase land in Everdome to increase your metaverse
holding of NFTs and digital land.
Property Sales/Rent
Not a developer, perhaps you’d like to get in on a project, purchase property, or even rent. With Everdome, you will be able to
expand your real-estate portfolio very similarly to the real world.
Advertising
Everdome is a place where brands will flourish. Getting in early
doesn’t necessarily mean that you need to own property. If you’re
looking to expand your company or product’s footprint, both in the
meta and actual verses, advertising space will be available.
Marketplace(s)
Need a new place to sell your products or services? Everdome will
help you facilitate your marketplace, allowing you to increase your
reach and customer base, while at the same time allowing you to
offer new types of products for an exciting new world (metaverse).
Easy 10x in next few months
$BTC Daily TA : 03.04.22 (Update)As you can see, exactly according to both previous analyzes, the price correction has finally started today and has now corrected to 42K zone . I still expect the price to return to the OrderBlock in $ 41,000 to $ 41,500 range, and then in that range we can look for a optimal trigger to buy!
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👤 Arman Shaban : @ArmanShabanTrading
📅04.MAR.22
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HOFV oversold at all time low Hall of Fame Resort will develop NFTs to give sports collectors and fans access to exclusive professional football content.
On 1/4/2022 Maxim Group Boosted the Price Target for HOFV from $5.00 to $6.00.
52 Week Range: 0.89 - 7.64
The stock was oversold close to a bullish divergence.
i see a buy opportunity to reach $2.3 short term.
BITCOIN 2H TA : 03.02.22 (Update)I think the price will break the 42800$ support and fall to 41000 $ to 41500$ range (OB+) And then start a new uptrend from there ...
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📅02.Mar.22
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$COSMOS Result : +37% ✅ #ATOMUSDTThe 2nd Target REACHED ✅
As you can see the price after reaching and returning to The Bullish Order Blocks reacted positively and increase more than 37% . the Next targets are $ 34 to $ 37 .
All the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section .
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👤 Arman Shaban : @ArmanShabanTrading
📅01.March.22
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Bitcoin Head & ShouldersBitcoin Head & Shoulders
Get Ready for Takeoff!!!
We have perfect conditions!!! and we now have a confirmed Reversal on the 4HR SEE you boys on the moon!!!
My prediction for btc takeoff was by February 2022 I hope this is our move today!!! Good Luck and Blessings to all of you!!!
BTC/USD by CryptoTradersWWGood morning,
It's vital to look at what BTC is doing before selecting which trades to take for the rest of the week.
The price is been hovering between $37K and $40K on a regular basis.
We have strong resistance at $39K if we see a run up.
A CME gap, Fibonacci resistance, and Daily Naked point of control can all be found here. If we see Longs start to open near this level and then decline, we can expect more downside.
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bearish tfuelenglish
this very undecided coin a few days ago, in the first point circled in red it had to go up, which it did not do. In my opinion it is a very bearish market, the only possibility is that in the next few hours the price rises from the yellow line while if this were not the case and also broke the resistance then it would drop significantly
italian:
questa coin molto indecisa qualche giorno fa, nel primo punto cerchiato di rosso doveva salire, cosa che non ha fatto. Secondo me è un mercato molto bearish, l'unica possibilità è quella che nelle prossime ore il prezzo risalga dalla linea gialla mentre se cosi non fosse e spaccasse anche la resistenza allora scenderebbe notevolmente