NFT Scams On The Rise

by Rosa NovaCyber-Incidents, MetaversePosted on Comments are Disabled

NFT’s are pretty much obsolete right now, but it seems that people continue falling for numerous NFT scams. Here is a most common phishing example. First, scammers send one or several NFTs to your wallet. Then you receive an offer through email which looks like this :

Hi,

We’re thrilled to share exciting news about your  NFT portfolio!  One of your listings has attracted significant interest. Here’s a quick snapshot of the latest offer: 

  • Offer ID: 0xGo0D922p
  • Offered by: CryptoFans
  • Price: 1.93 ETH

Review Offer

Please take a moment to sign in to your account and explore this new opportunity. Should you have any queries or require support, our dedicated team is ready and eager to assist you.

Best regards,
Opensea Team

It is signed by Opensea that recently had a data breach BUT the email originates from someone called cognitosystems. I obviously removed the link associated with “Review Offer”. I just left it as a link for visual illustration. Please do not click on any link you receive by email in relation to NFT’s. This scam is a classic phishing operation, designed to steal your wallet credentials. If you really think there is an offer of any kind, login through your wallet. Do not trust any NFT offers by email.

How Meta Platforms Flopped The Metaverse

by Rosa NovaMetaversePosted on Comments are Disabled

When changing it’s name to Meta Platforms (META) in 2021, Facebook was confident to gain significant market share in the metaverse and launched its Reality Labs division which focused the company’s vision of the metaverse on pricy VR goggles that provided half-body avatars and underwhelming immersive experiences cutting users off from their actual reality. Unsurprisingly …

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A TikTok Ban? How Dancing Became a Danger To National Security

by Rosa NovaArtificial Intelligence, Litigation, Metaverse, ReformPosted on Comments are Disabled

DanceByte, the company that brought us TikTok is currently under fire for (1) hosting government officials and (2) being in China. Literally two things outside of DanceByte’s control. This is what our dysfunctional world has come to. The completely unconstitutional ban that couldn’t happen under the previous US administration, seems to be gaining “bipartisan” traction …

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Jury Sides With Hermès in MetaBirkins NFT Lawsuit

by Rosa NovaArt, Intellectual Property, Litigation, MetaversePosted on Comments are Disabled

One of the most heard of NFT-related trademark lawsuits in the US resulted in a triumph for luxury brand Hermès against artist Mason Rothschild, whose “MetaBirkins” NFT project sought to dilute the luxury brand’s trademark. In the Southern District Court of New York, a jury sided with Hermès and found that Rothschild’s NFTs failed a …

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Galaxy Report On NFT Rights; What About Web3 to Web2 User Generated Content

by Rosa NovaArt, Cyber-Incidents, Intellectual Property, Litigation, Metaverse, ReformPosted on No Comments

For some reason, many people still believe that buying an NFT gives them ownership over intellectual property in original works. The Galaxy Report may have found the culprit of this widespread misconception: intentional misrepresentation. As if you didn\’t know that buying an mp3 doesn\’t give you IP rights to the song encoded in it. You …

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Miramax and Tarantino Lawsuit To Clarify NFT Rights

by Rosa NovaArt, Intellectual Property, MetaversePosted on Comments are Disabled

Since last year\’s NFT craze, it is customary to mint unique NFT\’s from original storylines and film characters as cross promotion of new and upcoming films. However, misconceptions around NFT rights (being seen as a new form of intellectual property which they aren\’t), has given some individuals impetus to mint pre-existing IP rights that don\’t …

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Meta v. Meta: Facebook Sued For Trademark Infringement

by Rosa NovaLitigation, MetaversePosted on Comments are Disabled

Earlier this month, we discussed how the name Meta seems like a rather dubious choice for Facebook\’s rebrand and how by analogy, precedent informs that the addition of the descriptive term \’meta\’ has been deemed insufficient to meaningfully distinguish between disputed domain names.  Well, it turns out the name Meta was already taken by a …

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