Sirwin
Sirwin
Quantum NFT

Coinbase Wallet Vulnerable to 'Red Pill' Attacks; LinksDAO Buys a Golf Course

By Allen Taylor | Cryptocracy | 22 Mar 2023


Coinbase Wallet is vulnerable to red pill attacks, says ZenGo Wallet. Coinbase used ChatGPT to review token security and this is what they found.

LinksDAO to buy Scottish golf courseA historic moment in DAO culture.

Gala Games sues pNetwork over private key leak.

Marketplaces vie for Bitcoin Ordinals dominance.

A federal judge dismisses Quantum artwork lawsuit concerning ownership rulesThis is interesting because this is the sort of case I’d expect the courts to handle. In this particular case, it appears that blockchain technology inherently protects intellectual property rights.

Quantum NFT

Over the weekend, former President Donald Trump announced that he expected to get arrested on Tuesday (yesterday). Now it’s Wednesday and the Trumpster’s NFT collection prices are soaringWhat’s interesting about this is, first, one day after his supposed arrest, he still hasn’t been arrested. When he made his announcement, he asked his supporters to protest. Well, I guess they heard his plea. Instead of picketing Pennsylvania Avenue, they’re buying his NFTs and driving up prices. Some protest. Sounds to me like a celebration.

The Securities and Exchange Commission (SEC) has subpoenaed Sushi DAO and its head chef.

Headline DAO is funding crypto journalism in a unique way. The DAO put out a request for content and has received 28 proposals thus far. They’re only funding five of them. Disclosure: One of them is mine.

How protocol permissions impact ownership rights in Web3This is a MUST-READ. Personally, I blame the problem identified on proof-of-stake blockchains, which are fundamentally not as decentralized as proof-of-work blockchains. There is always a trade-off in values when you choose your consensus mechanism and your permissions. These need to be well thought out, across the board.

Neal Stephenson, the creator of the literary metaverse, says the problems of Web3 are caused by people wanting to financialize their technology too fastSmart guy. He’s right. Slow down, devs, slow down.

tomi DAO has raised $40 million for a surveillance-free internet.

Comedians are trying to make the metaverse safe for jokes, but there’s a major rebellion going onIs Horizon Worlds quiet quitting? Why museums are curating content in the metaverse.

6 types of smart contracts platforms. How smart contracts are tested.

The IRS is looking for feedback on NFTsThe public comment period is on.

 

10 From Web3 Social

Publish0x: PVM powers his content with CoinGecko candy.

Cent Pages: Wordler Vignettes poetically says it isn’t easy being greenIt’s okay though. You can still have a cigar.

Torum: The JMan plugs Escape from Alcatraz.

Mirror: Only 3 left to mint at Mirror. OddWritings shares what it’s like to mint the same poem on multiple blockchains. I like this essay by OddWritings because it discusses the ethics of minting on multiple blockchains with varying values in the mints. Some excellent thoughts.

Readl: Web3 Social can be minted for only 1 MATIC at Readl. Be sure to check out all the other literary NFTs entered into the #InktoMint contest at Readl.

Hive: @yidneth celebrates the vernal equinox with photography and music.

Snark and commentary are in italics. Inclusion of an item doesn’t mean I agree or endorse the ideas presented. Of course, it also doesn’t mean I don’t

Cryptocracy is a decentralized newsletter published several times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto. Original articles on Fridays.

First published at Cryptocracy. Not to be construed as financial advice. Do your own research.

Image credit: Kevin McCoy via The New York Times

Resources

  1. https://www.bleepingcomputer.com/news/security/coinbase-wallet-red-pill-flaw-allowed-attacks-to-evade-detection/
  2. https://www.coinbase.com/blog/token-security-with-chatgpt
  3. https://decrypt.co/123829/linksdao-wins-bid-buy-scottish-golf-course-ceo-says
  4. https://cointelegraph.com/news/gamefi-project-gala-files-28m-lawsuit-against-pnetwork
  5. https://blockworks.co/news/new-bitcoin-ordinals-marketplace
  6. https://www.nytimes.com/2023/03/21/arts/design-nft-quantum-lawsuit-dismiss-mccoy.html
  7. https://www.cnn.com/2023/03/18/politics/donald-trump-manhattan-da-arrest-protests/index.html
  8. https://www.newsweek.com/donald-trump-nft-prices-soar-indictment-manhattan-district-attorney-1788951
  9. https://www.coindesk.com/policy/2023/03/21/sushi-dao-key-contributor-served-with-sec-subpoena/
  10. https://blockworks.co/news/reevaluating-crypto-journalism-funding
  11. https://prop.house/headline/request-for-content
  12. https://prop.house/headline/request-for-content/4276
  13. https://www.metropolis.space/research/hidden-keys
  14. https://cointelegraph.com/news/neal-stephenson-on-the-metaverse-it-s-happening-in-a-different-way
  15. https://cointelegraph.com/news/anonymous-dao-tomi-raises-40m-for-surveillance-free-internet
  16. https://www.theverge.com/2023/3/21/23645512/meta-horizon-worlds-metaverse-comedians
  17. https://www.xrtoday.com/mixed-reality/why-are-museums-curating-their-content-in-the-metaverse/
  18. https://www.newsanyway.com/2023/03/20/what-are-the-types-of-smart-contracts-platforms/
  19. https://blockchainmagazine.net/what-are-the-methods-for-automated-testing-of-smart-contracts/
  20. https://www.irs.gov/newsroom/irs-issues-guidance-seeks-comments-on-nonfungible-tokens
  21. https://www.publish0x.com/mind-puzzle/powering-content-creators-with-access-tokens-from-coingecko-xrgmzrw
  22. https://cent.co/account/inbox/16b4fab6-bd61-4856-b54a-1d9f08a638dd
  23. https://allentaylor.cent.co/nft/8002
  24. https://www.torum.com/post/641add994491470013aa7f92
  25. https://mirror.xyz/allentaylor.eth/FXZZUAqe6BrDhqbCRK077zLdzj3gIHTnn47J8nfwLgk
  26. https://mirror.xyz/oddwritings.eth/kgu3j5X1SDHOrGAN0CPkbcSAl6DqyWFxCbqlbcJCZFs
  27. https://readl.co/book/25730738359309784841103145527884708297477924404312995035278990608240633446900
  28. https://readl.co/bookstore
  29. https://readl.co/bookstore
  30. https://hive.blog/hive-148441/@yidneth/blessed-ostara-happy-equinox-hello-spring-seasonal-fantasy-photography-and-music
  31. https://cryptocracy.substack.com/p/web3-wednesday-linksdao-buys-golf

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Allen Taylor
Allen Taylor Verified Member

Writer, editor, publisher. Content strategist for fintech, blockchain, and crypto firms.


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