NFT Boom Led to a Spike in These 2 Crime Schemes: Chainalysis.
Chainalysis identified two rampant schemes criminals used in 2021—wash trading and money laundering—as the NFT space skyrocketed amid a crypto boom.
Source: businessinsider.com
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Top News In Nft Bubble Today - Breaking & Trending Today
Victims of Frosties 'Rug Pull' Are Making Their Own NFT Line
The project runners named the new collection Wrapped Frosties, and are calling on other defrauded investors to join them to revive what was lost.
Source: businessinsider.com
NFT Scammers Made Off With $1.3 Million After a 'Rug Pull'
The creators of "Big Daddy Ape Club" NFTs took 9,136 solana from would-be collectors despite being vetted by a verification company, Decrypt reported.
Source: businessinsider.com
5 Under-the-Radar NFT Stocks and Tips for Market Volatility, Sylvia Jablonski
"Oddly enough, the market should have been down before, it should be rising now ... I think we rebound from here." said Sylvia Jablonski, Defiance ETFs investing chief.
Source: businessinsider.com
NFT Bubble Bad for Investors; But Experts Drop Good News for Crypto Fans
NFT is a hit "thing" among cryptocurrency investors. Ongoing trades with the asset could reach $2 billion per month. However, some experts acknowledged this might be an unsustainable NFT bubble.
Source: itechpost.com