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- 👨💻 OpenSea is being exploited
👨💻 OpenSea is being exploited
Bored Ape #9991 stolen for $1.7K
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Hey Waivly Crew! 🌊 A listing bug on OpenSea is allowing hackers to purchase NFTs at a considerably cheaper price than their current listing. Meta is building a new AI supercomputer, called the AI Research SuperCluster.
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Want more from us at Waivly? Join Waivly+, the premium Waivly membership with exclusive content, resources, giveaways, events, and so much more, all blended together into one super low-cost and quick to join subscription 🎉 Head over to our website and hit “Subscribe” to get onboard!
OpenSea bug allows Bored Ape Yacht Club NFT to sell for $1.7K
A bug in OpenSea, the world’s most popular NFT marketplace, is allowing hackers to buy rare NFTs for far the collection’s floor price.
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The bug has been present for weeks, but over the past few days, a surge of collectors has revealed on Twitter that their NFTs have sold for prices they were allegedly no longer listed for on OpenSea.
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One of the NFTs, Bored Ape #9991, was purchased using the exploit technique for 0.77 ETH ($1,760) yesterday and quickly resold for 84.2 ETH ($192,400), netting the hacker a profit of over $190,000. The Ethereum address linked to the reseller has received more than 400 ETH ($904,000) in payouts in the past 12 hours.
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The owner of the Bored Ape, TBALLER.eth, quickly noticed the sale and tweeted that they had not listed their NFT in the first place.
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Hugo Morosini, Tech Lead at Ledger, has perfectly explained how all this was possible in a Twitter thread.
Meta is building an AI supercomputer to power the metaverse
Tech giant Meta has announced that it has developed the AI Research SuperCluster (RSC), which the company claims is among the fastest AI supercomputers running today.
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Once it is fully built, Meta believes it will be the fastest operating supercomputer in the world. Currently, RSC comprises a total of 760 Nvidia DGX A100 systems as its compute nodes, for a total of 6,080 GPUs, but through 2022 Meta will increase the number of GPUs up to 16,000, with an additional 1,240 DGX nodes to its name. This will increase AI training performance by more than 2.5 times.
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In a statement, CEO Mark Zuckerberg noted that the experiences Meta is building for the metaverse require enormous computer power - reaching into quintillions of operations per second.
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The RSC will enable Meta’s AI researchers to build new AI models that can learn from trillions of examples, work across hundreds of languages, seamlessly analyze text, images and video, develop new augmented reality tools, and much more.
The Waves
🐵 Kevin Hart buys his first Bored Ape
👛 Robinhood launches beta crypto wallet to 1,000 users
👀 5 NFT collections to watch this week
💃 Paris Hilton believes the metaverse will be the ‘future of partying’
Creator Special
PopSpot is a next-gen social media platform that pays users to post, comment and share.
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It includes all the features you are used to having on social media apps but with a crypto twist, making the perfect platform for Web3.
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Users are rewarded with tokens for positive actions, such as sharing content, commenting on posts, voting on decisions, reviewing posted content, and many more. These tokens can then be spent on PopSpot or exchanged for euros, dollars, and other currencies.
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PopSpot aims to power the creator economy by using tokens in an extremely easy and familiar way. Unlike other platforms, users aren’t required to sign up with a wallet and have the choice to pay with tokens or FIAT on the app.
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PopSpot will have a built-in NFT marketplace, which will allow fans to purchase digital wearables from creators as NFTs and wear them on their avatar. These NFTs help earn more tokens and are designed to appreciate over time.
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All creators have their own public profiles and private communities that require a monthly membership fee. Users can purchase a piece of these profiles with FIAT or tokens, and in return, receive a percentage of their revenue share from PopSpot.
Coinbase unveils new crypto tax support
The popular cryptocurrency exchange platform, Coinbase has recently added a new tax center within its own app and website to assist US customers to work out how much they may owe to the IRS as a result of their crypto transactions.
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The new tax center feature is designed to collect every taxable transaction of a customer into a singular place which will make tax day easier for them. Typically we are accustomed to seeing cryptocurrencies like Bitcoin to be similar to fiat money, but the IRS, according to their FAQ on virtual currency transactions explains that they view digital assets as actual property.
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Coinbase has stated that the new tax center section of their platform will showcase “a personalized summary of [a customer’s] taxable activity on Coinbase, broken out over time by realized gains/losses and miscellaneous income.” The personalized summary that Coinbase will provide can be taken to an accountant or used with tax software such as TurboTax.
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The crypto tax section is now available for customers on their profile icons located on the right-hand corner of the interface and will show up as “Taxes” as one of its menu items. Users on the Coinbase mobile app will find the feature in the “Profile & Settings” menu, located at the top left of the mobile app’s interface.
Own and secure your crypto with Ledger
If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.
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Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.
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The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.
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