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Animoca Brands Founder’s X Social Media Account Hacked, Used To Promote Fake Solana Ecosystem Token

The co-founder of Animoca Brands, a leading firm in the blockchain gaming space, had their X social media account hacked and used to promote a fake Solana (SOL) token. In a new thread on the social media platform X, Animoca Brands – known for creating metaverse game The Sandbox (SAND) – says that founder and chairman Yat Siu’s X account was taken over by bad actors and used to endorse a fake token launch on Solana. “Unfortunately Yat Siu’s social media account has been compromised. There is no official token or NFT (non-fungible token) launch from Animoca Brands. The token launch on Solana as claimed in a post was made by the hacker. Please DO NOT engage with the account and stay vigilant. We will provide an update when the account is restored.” In a separate post on X, Mocaverse (MOCA) – the NFT collection of Animoca Brands that was said to be launching a token over SOL – says the ecosystem is safe and that better security measures are now...

Animoca Brands' TinyTap Gets Boost to Decentralize Education

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The rate of funding in the Web3.0 ecosystem has slowed in recent times as the fall of FTX and other mainstream crypto entities generally dampened investor’s sentiments. The embrace of TinyTap by these high profile investors is a testament to its revolutionary technology to use the ethos of Web3.0 to educate users across the board. The TinyTap Concept TinyTap employs a model whereby different publishers can create innovative games to educate the platform’s users. Since its inception in 2012, the startup has on boarded top brands including Sesame Street and Oxford University Press. At the moment, TinyTap boasts of more than 100,000 creators, all serving as many as 9.2 million families. The startup will utilize the newly raised funding to support its business expansion while also accelerating the growth of the EdTech space.  Since acquiring TinyTap in 2022, the education platform has launched its Web3.0 platform where it introduced the concept of Publisher NFTs. This innovation p...