Over 30 OpenSea users lost ETH and NFT due to phishing attack

NFT trading platform OpenSea reported that amid the migration of NFTs to a new smart contract, a hacker allegedly stole $1.7 million worth of Ethereum and NFTs. The OpenSea marketplace said on Feb. 19 that it was investigating a series of Twitter messages posted by concerned platform users about an exploit on smart contracts on the OpenSea platform. “We are actively investigating rumors of an exploit related to OpenSea smart contracts. This appears to be…

Wyoming State Parliament will consider issuing government stablecoins

A bill has been submitted to the Wyoming State Legislature that would allow the state treasury to issue stablecoins pegged to the US dollar. Last week, an initiative group of deputies introduced the Wyoming Stable Tokens (SF0106) bill to the Wyoming Legislature for consideration. If passed, the bill would allow the state treasury to issue dollar-pegged stablecoins. Caitlin Long, CEO of Wyoming-listed Avanti Bank&Trust, believes the state’s stablecoins can legally act as “municipal bonds that…