This Week In The Metaverse: Amazon May Disrupt The NFT Industry, Moonbirds Founder Gets Hacked, And Pedigree Wants You To Foster A Digital Dog - Yahoo Finance

This Week In The Metaverse: Amazon May Disrupt The NFT Industry, Moonbirds Founder Gets Hacked, And Pedigree Wants You To Foster A Digital Dog – Yahoo Finance

Welcome to “This week in the metaverse,” where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. Email marco.quiroz-gutierrez@fortune.com with tips.

Amazon could soon shake up the entire NFT industry with a new initiative based around digital collectibles, according to a report this week by BlockWorks. Citing several anonymous sources, the outlet reported that the NFT project could be announced in April, but the report could not be independently verified by Fortune.

The report says the goal is for Amazon customers to interact with crypto games and claim NFTs. This could be a smart move on Amazon’s part, because according to a report from DappRadar this week, gaming represents 49% of all daily blockchain activity, with millions of users participating every day.

While Amazon’s getting into the NFT game could be a boon for the industry, it would have to tread cautiously. The company would, for instance, have to contend with an NFT market rife with scams that are capable of snaring the most experienced crypto veterans.

Those veterans include Kevin Rose, the founder of news aggregator digg and creator of the NFT project Moonbirds. On a Twitter Spaces, Rose said a hacker had stolen possibly more than a million dollars worth of NFTs from his digital wallet thanks in part to a malicious airdrop. Several NFTs were stolen, including 25 Squiggles NFTs and a pricey Autoglyph NFT.

Luckily, his zombie CryptoPunk, CryptoPunk #5066, wasn’t stolen. Only 0.88% of the 10,000 CryptoPunks are zombies, and similar NFTs have been known to sell for thousands of Ether, including CryptoPunk #2066, which looks similar to Rose’s and sold on OpenSea just 28 days ago for 1,155 ETH, or $1.8 million.

In other news: 

Do you own a plot of metaverse land in Decentraland? Have you ever wanted to foster a dog? Pet food maker Pedigree wi