Max Galka, CEO, founder, and chief data scientist at Elementus, agreed. While he didn’t think the threat of regime change was credible, ransomware inside a federal or national government is still a major crisis. “If I were in the shoes of the Costa Rican government, I would be extremely nervous,” he said. “And the truth is, even they probably don’t know the full extent of what the ransomware could do.” He …
Cryptocurrency hacks are getting bigger. On Sunday, a hacker exploited a new algorithmic stablecoin project called Beanstalk and drained it of $182 million worth of digital assets. Hackers are finding larger exploits amid the increase of decentralized finance, or DeFi, projects. Hackers tend to target new protocols that haven’t been fully tested and vetted, said Max Galka, chief executive of crypto forensics firm Elementus. Read WSJ article here.
ESPN and Autograph, the Web3 brand co-founded by Tom Brady that is pioneering a new era of digital experiences, today announced a multi-year deal for ESPN’s first NFT. The collaboration kicks off with a NFT collection based on Man in the Arena: Tom Brady, the 10-part ESPN+ documentary series produced by Religion of Sports, a media company in which Brady is also a co-founder. Read more.
A new collection of five NFTs, released April 7 on Autograph, celebrates Tiger’s most iconic fist pumps. Just in time for his highly anticipated return to The Masters on Thursday, Tiger Woods‘ NFT collection will be available to the public at 5 p.m. ET on April 7 through Tom Brady‘s Autograph platform. Read more.
Investors’ latest NFT bet is on a startup called Pixel Vault — a massive NFT collection of superheroes that has the goal of growing into a decentralized Marvel-esque empire. The NFT startup tells TechCrunch it has closed a whopping $100 million in funding from Adam Bain and Dick Costolo’s 01 Advisors and Velvet Sea Ventures. Read the entire TechCrunch article. If you want to read the story behind that story, check out …
Stories. They give life meaning and purpose. Without them, context and perspective crumble, and imagination and hope are extinguished. Some stories seem so authentic, so true, that we question nothing. Others we immediately discard as improbable, too unthinkable to be true. But the stories that survive the friction required to pass them down to future generations are both believable and unbelievable. They have nothing to do with us and everything …
Liquid Death, a water brand that began life in 2018 with a funny video to first test the concept, has grown deadly serious about its growth prospects. The LA-based outfit, which sells canned mountain water from the Alps that will “murder your thirst,” has just landed $75 million in Series C funding led by the startup studio Science, which helped launch the company and now owns a “strong minority” position. (Says Science …
Drew Sechrist, who was employee 36 at Salesforce in 1999, was on Marc Benioff’s early sales team, pushing the company when nobody knew who they were or what hosted software was, for that matter. He recognized early on that having connections helped drive sales. He called Benioff the “number one alpha networker.” Sechrist wanted to build a better way to do that. Today, Connect the Dots has a social graph in …
At The Business of Business, they decided to take a close look at DAOs. They compiled a list of the 50 biggest DAOs by market cap, as defined by the product of token prices and circulating supply. We were also able to determine a “who’s who” of interesting people getting involved in DAOs and the DAO movement. The list includes many familiar names in the Web3 movement, along with some …
