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Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs


Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price...

Worms Developer The Latest To Sell Out Over NFTs


In 1994, Andy Davidson had an idea. That idea was to take the infinitely copied mid-70s Tektronix 4051 game, Artillery, but do it with cartoon worms. Then-developer Team17 snapped it up, called it Worms, and have since wrung out every last drop of miserable profit from the mediocre idea ever since....

Tesla’s Latest Financial Statement Shows Bitcoin Worth $1.26 Billion


Elon Musk’s electric car company, Tesla, did not sell any bitcoin in the fourth quarter, according to the company’s latest financial statement. Tesla is holding bitcoin worth $1.26 billion. The company still has not resumed accepting bitcoin payments but now accepts the meme...

Meta-Led Diem Reportedly Aims to Sell Assets to Pay Back Investors


  The Diem Association (formerly known as Libra Association), the Meta-led project that once aimed to create a stablecoin accessible to everyone in the world, is reportedly attempting to sell its assets as a way to return capital to its investors.... Read More: Meta-Led Diem Reportedly Aims...

Introducing Next Earth: The User-Governed Metaverse


2022 is ramping up to a buzzing year for the metaverse. Upcoming projects like Next Earth aim to usher in a new era of user-governed virtual worlds. Next Earth is a metaverse that uses blockchain technology to manage virtual land NFTs on a 1:1 replica with Earth. This allows users to buy, sell,...

More US First-Time Homebuyers Sell Crypto For Down Payment - Survey


  Some 12% of US first-time homebuyers surveyed in the fourth quarter of last year said that selling cryptocurrency helped them save for a down payment -- up from 9% in the third quarter of 2020, according to a survey by US real estate listing provider Redfin.... Read More: More US First-Time...

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