Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express – Cointelegraph Magazine

Huawei moves to trademark its NFTsby Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens series. The trademarks include digital collectibles in the scientific instruments, furniture, education, jewelry, advertising and telecom sectors. Last April, Huawei

its YunYunBao NFTs, featuring characters inspired by its namesake cloud service. Huawei NFTs are minted on its proprietary Huawei Petal Chain, which the telecom giant says has over 1,000 nodes and can handle over 50,000 transactions per second. that Astar had received a sponsorship from Japanese automobile manufacturer Toyota for its latest Web3 hackathon. Astar is currently a parachain built on the Polkadot blockchain.

According to Watanabe, over $100,000 in prizes will be distributed to projects that develop “intra-company DAO [Decentralized Autonomous Organization] support tools for this hackathon which Toyota employees may actually use in the future.” The hackathon will run from Feb. 14 to March 25.“Needless to say, Toyota is the largest company in Japan and one of the world’s leading international companies,” Watanabe wrote. “We are very excited to be hosting the Web3 Hackathon on Astar with Toyota.

“North Korea-linked hackers tend to send much of what they steal to other DeFi protocols, not because these protocols are effective for money laundering — they’re actually quite bad for money laundering given their increased transparency compared to centralized services — but rather because DeFi hacks often result in cybercriminals acquiring large quantities of illiquid tokens that aren’t listed at centralized exchanges.

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Crypto hacks stole record $3.8 billion in 2022, led by North Korea groupsLast year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion, led by attackers linked to North Korea, according to a U.S.-based blockchain analytics firm. wow $3.8 billion.. imagine, all the world's hackers managed to steal even more than SBF This is terrible news! We need to do better at protecting our crypto assets.
Source: NBCNews - 🏆 10. / 86 Read more »

Crypto hacks stole record $3.8 billion in 2022, led by North Korea groups - reportLast year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion, led by attackers linked to North Korea who netted more than ever before, a U.S.-based blockchain analytics firm said in a report on Wednesday. Probably used unsecured Korean proxies but might as well blame the north ✅ Crypto hacks stole bits and bytes that never had any real value.
Source: Reuters - 🏆 2. / 97 Read more »