The Singapore High Court has granted financial investigation firm Intelligent Sanctuary the authority to attach Non-Fungible Tokens (NFTs) to cold wallets connected to a hacking incident, as reported by United Kingdom-based iSanctuary and local media outlets.
In a significant legal development, a court-issued worldwide freeze order has been tokenized as soulbound NFTs and affixed to the implicated wallets. These NFTs will not obstruct transactions involving the wallets but will function as a cautionary signal to counterparties and exchanges, indicating the wallets’ association with a prior hack. Moreover, iSanctuary claims to have devised a method to trace funds as they exit the wallets, with the NFTs permanently linked to the wallets in question.
Web3 Games Emphasize the Significance of Decentralized Randomness
The importance of decentralized randomness in the context of Web3 games cannot be overstated. Random numbers play a pivotal role in a multitude of applications, ranging from gaming to security systems, decentralized autonomous organization (DAO) governance, and NFT generation. A game lacking access to genuinely random numbers risks becoming monotonous and predictable. Similarly, a security system relying on easily guessable authentication codes offers little protection. Any system requiring diversity is impeded without it.
In certain scenarios, pseudorandom number generators (PRNGs) may suffice, especially when the stakes are low and technical requirements align with this approach. However, the quality of PRNGs can significantly differ, posing issues for applications with higher stakes or widespread reliance. These concerns span a range of use cases and underscore the necessity of true, decentralized randomness.
Universal Music Group Files Copyright Infringement Lawsuit Against Anthropic
Universal Music Group, Concord Publishing, and ABKCO Music & Records have jointly initiated legal action against the artificial intelligence startup Anthropic. The lawsuit, filed on October 18, accuses Anthropic of engaging in copyright infringement during the training of its artificial intelligence chatbot, Claude.
The complaint alleges that Anthropic “unlawfully” duplicated and disseminated “extensive quantities of copyrighted works, including lyrics from numerous musical compositions” owned or controlled by the plaintiffs. This legal action underscores the ongoing challenges surrounding copyright in the digital age and the potential ramifications for AI technologies in relation to intellectual property rights.
