Metaverse Weekly Wrap-Up: Mar 26-Apr 1

Keyword of the Week: Hacker

Part 1: Data Report

With the end of Alpha S2 and MVFW, there was a cooling off in the Metaverse land market this week.

But land prices in The Sandbox were pushed to a high point on the final day of Alpha S2.

Cryptovoxels was hacked on 28 March. The hacker used a bot to post a link to a malicious phising site in the “announcements” channel of the metaverse’s Discord server offering to issue parcels containing 0.01 ETH. Once the user connected their wallet then signed the transaction link, the attacker was able to drain the wallet.

The hacker then sold the parcels off at a bargain price of 0.5 ETH, causing the average land price of Cryptovoxels on the day to be dragged down to 0.85 ETH.

Part 2: Weekly Events Wrap-up

28/03

  • The Sandbox CEO took part in Binance Blockchain Week, saying “The metaverse will provide richer, more social, more immersive experiences for everyone.”

30/03

  • Arianee partnered with TSB to offer users the first-ever service bridging IRL and metaverse utility through NFT.
  • TSB released a list of important updates on Alpha S2:

26/03

27/03

31/03

Cryptovoxels

Cryptovoxels

29/03

  • Cryptovoxels’ Discord was hacked.

The hacker modified the Discord server by adding a fake CollabLand bot then impersonated an official posting a message that they would run a public mint sale for 100 land NFTs at 0.25 ETH each, then the scammer scammed users’ assets out of their wallets by putting a fake link.

Even though the CV team dealt with the fake link and communicated in Discord as soon as they got the news, users were still fooled. Multiple lands and other NFTs were transferred to the stolen users’ wallet address then quickly sold off at major discounts to the market price.

10 CV lands were sold by account:

794CA3 (0x794ca38bc1e15e528a7991ce25707a25ad71b675) for around 0.5 ETH.

The account has been suspended in OpenSea.

The following steps were taken to address the incident:

All permissions were immediately stripped from all admins, except for Ben, Fayelure and Bitpixi.

A full audit was conducted. Cryptovoxels worked with the Discord Trust and Safety Team.

Compromised wallets are being assessed. Cryptovoxels is in the process of contacting those affected.

31/03

  • A new island, Venice island, was released into Cryptovoxels, with 61 parcels minted. The island can be seen located in the south-west of the map, and divided into six blocks: Cannaregio, Castello, Dorsoduro, San Marco, San Polo and Santa Croce.

26/03

  • EVER EXIT launched a new 1/1 NFT custom design architecture for a small parcel in Somnium Space. It is the first to feature a waterfall glass façade, and it took up only one-third of the building capacity.

27/03

29/03

  • A huge party went down in Teshimi. The metaverse collaborated with SoundMint, Little LemonsNFT, larvaLads and NiftyLeague. They also gave away integrated NFTs.

01/04

  • Worldwide Webb weekly spaces session — “Music in the Metaverse”

28/03

  • NFTWorlds released the following $WRLD updates:

Community avatar minting (not genesis) will be with $WRLD.

All item purchases & trading from the launcher marketplace will be with $WRLD.

The HIGHEST tier P2E $WRLD faucet access will require staking of over 4M $WRLD to access (per world).

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