AD

AD

News Explorer — Marketplace Incentives Fuel 126% Increase in NFT Wash Trading: CoinGecko

Generated by AI, curated by humans

Mar 20, 11:30 pm

The Block

Marketplace Incentives Fuel 126% Increase in NFT Wash Trading: CoinGecko

Wash trading, a form of market manipulation, is becoming increasingly common in the world of NFTs. A CoinGecko study reported that $580 million in phony trades were executed on the top six marketplaces in February, a 126% rise from the previous month.

Wash trading, a form of market manipulation, is becoming increasingly common in the world of NFTs. A CoinGecko study reported that $580 million in phony trades were executed on the top six marketplaces in February, a 126% rise from the previous month.

Latest

Nov 30, 11:31 am

The Block

AntPool To Refund Record-Breaking $3M Transaction Fee

AntPool, a Bitcoin mining pool, has agreed to refund a record-breaking $3 million transaction fee that it mined last wee... Read Summary

Nov 30, 9:26 am

Coindesk

Cathie Wood's Ark Invest Sells Another $5M in Coinbase Shares

Ark Invest, Cathie Wood's investment management firm, sold an additional $5 million worth of Coinbase stock while buying... Read Summary

Nov 30, 12:49 am

Decrypt

Team Liquid Collaborates With Illuvium to Test Its Autobattler Game for the Esports Scene

Team Liquid has partnered with Illuvium, an NFT game, to test its player-vs-player creature autobattler experience. The... Read Summary

Nov 29, 8:05 pm

Decrypt

Pando Asset AG Joins the Fray With Application for a Spot Bitcoin ETF in the U.S.,

Pando Asset AG has filed an application with the SEC to offer a spot Bitcoin ETF in the U.S. The proposed Pando Asset Sp... Read Summary

Nov 29, 8:06 pm

Decrypt

Helium Mobile Becomes the Official Wireless Sponsor of University of Miami Athletics

Helium Mobile has been named the Official Wireless Sponsor of University of Miami Athletics, with the sponsorship launch... Read Summary

Nov 29, 6:35 pm

Decrypt

Meme Coin MUNGER Sees a 409% Increase A Day After Charlie Munger's Death

Less than 15 minutes after the announcement of Charlie Munger's passing, a meme coin called MUNGER debuted on Uniswap an... Read Summary

Nov 29, 6:26 pm

Decrypt

Coinbase CEO Brian Armstrong Reveals Lack of Feedback From SEC on Digital Asset Classification

Coinbase CEO Brian Armstrong has revealed that the company has had 30 meetings with the SEC over the past 18 months but... Read Summary

Nov 29, 6:05 pm

Techcrunch

Crypto Mixer Sinbad Seized and Sanctioned for Laundering Stolen Funds

The FBI and Dutch authorities have seized the websites of Sinbad, a crypto mixer allegedly used by North Korean hackers... Read Summary

Nov 29, 4:46 pm

Decrypt

Solana Leads the Pack As Best-Performing Cryptocurrency Among the Top 20

Solana (SOL) has regained its momentum after a brief cooldown, becoming the best-performing cryptocurrency among the top... Read Summary

Nov 29, 4:16 pm

Decrypt

Plot Twist: Bitcoin Mining Could be Good for the Environment Thanks to Renewable Energy Development

A study by Cornell University suggests that Bitcoin mining can contribute to mitigating climate change by supporting the... Read Summary

Nov 29, 10:46 am

Coindesk

U.K. Government Warns of Penalties for Unpaid Crypto Taxes, Publishes Voluntary Disclosure Guidance

The U.K. government has urged crypto users to voluntarily disclose any unpaid capital gains or income taxes on crypto an... Read Summary

Nov 29, 10:50 am

www.binance.com

Binance to End BUSD Support on December 15, Convert User Balances to FDUSD

Binance has announced that it will cease support for BUSD products on December 15, 2023. Users are encouraged to withdra... Read Summary

Nov 29, 9:40 am

Reuters

Philippines SEC to Block Access to Binance

The Philippines' Securities and Exchange Commission is taking steps to block access to Binance. The SEC stated that Bina... Read Summary

Nov 29, 1:06 am

Decrypt

Pika 1.0 Is an AI Video Generation Tool to Democratize Video Production

Pika Labs has launched Pika 1.0, an AI video generation tool that aims to merge advanced AI capabilities with user-frien... Read Summary

Nov 29, 12:48 am

Decrypt

Portal Is Planning an Airdrop for Its Token that Rewards Users for Tweeting

Portal, a crypto gaming platform, has announced an upcoming airdrop for its token. Users can earn the token by promoting... Read Summary

AD