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Twitter Set to Allow Users to Buy and Sell NFTs Through Tweets ✍️

Rahul Kaushik
.
Web 3.0 Research Analyst
Written by
Rahul Kaushik
Published on
October 28, 2022
Read time
2 min read
Category
NFT
October 28, 2022

Find out the full story in our weekly NFT Newsletter 👇

Headlines 📰

  • Twitter Set to Allow Users to Buy and Sell NFTs Through Tweets
  • SEBA — A Swiss Crypto-Friendly Bank to Provide NFT Custody
  • Infamous Hacker Steals $1 Million Worth of Crypto Including Bored Ape NFT

Twitter Set to Allow Users to Buy and Sell NFTs Through Tweets

Image: Twitter

Twitter, the social media network, declared cooperation with four marketplaces to enable users to purchase, sell, and display NFTs through tweets today.

The integration, known as NFT Tweet Tiles, places an NFT’s artwork in its own panel within a tweet and adds a button that directs readers to a listing on a marketplace.

The connection, which is still in testing, presently functions with markets from four distinct partners: Magic Eden, a platform-agnostic NFT marketplace protocol, Rarible, Dapper Labs, developer of the Flow blockchain, and Jump.trade, a sports-focused marketplace.

SEBA — A Swiss Crypto-Friendly Bank to Provide NFT Custody

Image: NFTPlazas.com

Owning a high-profile NFT like Bored Ape or CryptoPunks can be a source of great pride, but it also has its share of challenges, primarily relating to the protection and storage of such expensive assets. Fortunately, SEBA Bank, a renowned cryptocurrency custody company based in Switzerland, has unveiled a brand-new custodial service designed especially for these prestigious NFTs.

Although SEBA Bank has long provided services for cryptocurrencies, the emergence of NFTs has made the development of institutional-grade custody solutions for them also necessary.

The bank has previously disclosed the collections it will enable, and this service was officially launched on October 26, 2022. Although there are plans to eventually add support for other collections, SEBA will currently offer custody for some of the biggest NFT collections, including Clone X NFTS, CryptoPunks, the Bored Ape Yacht Club, and others.

Infamous Hacker Steals $1 Million Worth of Crypto Including Bored Ape NFT

Image: Pixabay

Over the last 24 hours, an infamous scammer known as Monkey Drainer has drained approximately 700 ETH ($1 million) in crypto and non-fungible tokens (NFTs).

ZachXBT, a well-known on-chain sleuth, broke the news first, revealing that the scammer used phishing to drain user funds. He was also able to track and highlight the hacker’s activity.

“Over the past 24 hrs ~700 ETH ($1m) has been stolen by the phishing scammer known as Monkey Drainer. They recently surpassed 7300 transactions from their drainer wallet after being around for only a few months,” the pseudonymous researcher said.

According to ZachXBT, the two biggest victims, 0x02a and 0x626, lost a total of $370,000 after signing transactions on the hacker’s phishing sites.

Victim 0x626 has suffered the most. They had over $6.2 million in cryptocurrency in their wallet at the time, but they lost $220,000. “Fortunately, they rejected the other transactions,” said the researcher.

0x02a, the second largest victim, reportedly lost one Bored Ape Yacht Club (BAYC), one CloneX, $36,000 in USDC stablecoin, and 12 other NFTs worth approximately $150,000 in total.

NFT Statistics 📊

  • NFT Collections with Highest Sales
  • Top Sales of Individual NFT Collectibles
  • Blockchains with the Highest Sales Volume
  • Top NFT Marketplaces Based on Volume Story

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Rahul Kaushik

Rahul is a former software engineer who is now a writer. After working as a full-stack developer early in his career, he realized that coding was not his forte and began writing blogs, poetry, and articles for sports magazines. He is always torn between Football and Bitcoin as his first love. In his spare time, he enjoys reading books on economics, startups, and business, as well as educating people on personal finance, cryptocurrency, and Web 3.0 on Instagram.

Rahul Kaushik

Rahul is a former software engineer who is now a writer. After working as a full-stack developer early in his career, he realized that coding was not his forte and began writing blogs, poetry, and articles for sports magazines. He is always torn between Football and Bitcoin as his first love. In his spare time, he enjoys reading books on economics, startups, and business, as well as educating people on personal finance, cryptocurrency, and Web 3.0 on Instagram.

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