“…In particular, Fe, Ni and Co-based magnetic nanoparticles are preferred candidates for medical applications because of their high magnetization and catalyzing abilities [4,6,9,10]. However, they oxidize readily and the strategy has been to encapsulate them with a protective layer to prevent them from being oxidized or corroded [4,11–14]. Materials such as silica, boron nitride, noble metals and organic polymers have been used for such coating [15–22].…”