South Korea’s Gyeongbuk province has announced plans to use Web3 technology to expand its economic relations with Vietnam.

In a December 19 announcement, the province’s governor, Lee Cheol-woo, said the metaverse project would focus on “growing economic, cultural, commercial, and people-centered contacts with Vietnam.”

In June, the province announced that it would invest $13.8 million to establish itself as a hub for metaverse innovation in hopes of growing the local economy.

South Korea has been very active in the development of metaverses since the beginning of 2022 and aims to become the fifth country in the world with the most metaverses. It has allocated $186.7 million to create an all-encompassing metaverse platform known as the Expanded Virtual World.

14 Bored Apes stolen in phishing scam

A cyber security analyst using the name Serpent has detailed in a lengthy December 17 to post how a scammer allegedly stole 14 non-fungible tokens (NFTs) from Bored Ape Yacht Club (BAYC) through a month-long social engineering scam.

The analyst alleged that the scam started when the victim was asked to license the intellectual property rights to the apes, with the scammer claiming to be “a casting director working for ‘Forte Pictures,'” on an NFT-related film. call the return of time. Serpent said the alias used by the alleged scammer was fake, even though Forte Pictures is a real company (and not involved).

Using a fake website, fake proposals, legal contracts, and other elaborate subterfuges, including Twitter spaces to build credibility, they offered an offer for the NFTs and directed the victim to a fake NFT platform where they were asked to “sign the contract.” “, which is where the drain on the wallet took place.

“The scam website displayed a Seaport signature out of gas, which they claimed you needed to sign for the license. However, the firm actually created a private package list of all the victim’s BAYCs for the scammer for 0.00000001 ETH,” Serpent said.

“The scammer’s wallet, funded by the Secret Network, ran the matching orders feature to complete the private sale. The scammer then accepted the highest WETH offers across all NFTs, then converted the 852.86 WETH to 1.07 million DAI,” the analyst added.

Manchester United launch NFT collection

Manchester United Football Club has launched its first NFT collection on the Tezos blockchain.

According to the collection website, the initial drop was free and only required fans to log in with their Tezos wallets to claim an NFT.

The NFTs were divided into three groups based on their rarity: Classic, Rare, and Ultra Rare, and were randomly distributed to subscribed fans.

Each NFT acts as a key that offers access to competitions, tickets, Discord content and the opportunity to join the new virtual world of the club, which will be released at a later date.

Trump NFT Collection Right Click Images?

Eagle-eyed social media sleuths are wondering if Donald Trump’s NFT collectible project plagiarized images from other sources.

On December 15, the former US President unveiled a collection of 45,000 NFT trading cards, featuring artwork depicting himself in outfits including golf attire, hunting gear, and a superhero costume.

In the days after the NFT crash, some Twitter users conducted reverse image searches on Google and discovered similarities between the NFTs and images from a variety of other sources, including Amazon and Shutterstock.

In one example, Matthew Sheffield, a self-described right-wing media operative, compared an NFT of Trump wearing boots and holding a rifle, to a very similar set of boots from a hunting apparel company. .

More nifty news:

Amazon’s new series NFTMe explores NFT culture and disruption around the world as artists, collectors and industry professionals from around the world share their experiences with NFT and how the fusion of art and technology has positively affected their daily lives.

Related: NFT and Soulbound tokens define Web3 cinema, says director

Artist and founder of the Lucky Ducky Family NFT Collection, Jeremy Fisher, told Cointelegraph that NFTs are great tools for general mass adoption and for teaching newcomers about the space, including the younger generation.