Skip to main content

NFT marketplace LooksRare, which launched on Jan. 10, had $9.5B+ in trading volume, $8.3B+ of which seems to be users "wash trading" between their own wallets (Andrew Hayward/Decrypt)

Andrew Hayward / Decrypt:
NFT marketplace LooksRare, which launched on Jan. 10, had $9.5B+ in trading volume, $8.3B+ of which seems to be users “wash trading” between their own wallets  —  CryptoSlam says the vast majority of the hot NFT marketplace's sales are illegitimate trades made to manipulate the token rewards model.



source http://www.techmeme.com/220130/p7#a220130p7
Labels:

Comments

Post a Comment

Popular posts from this blog

PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were "underwater" (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch : PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were “underwater”   —  Employees' stock options were cancelled, according to a document viewed by TechCrunch. from Techmeme https://ift.tt/noKyEDx via IFTTT
Post a Comment
Read more

The FDIC announces an agreement to sell Signature Bank's assets to Flagstar Bank, a subsidiary of New York Community Bancorp (Pete Schroeder/Reuters)

Pete Schroeder / Reuters : The FDIC announces an agreement to sell Signature Bank's assets to Flagstar Bank, a subsidiary of New York Community Bancorp   —  A subsidiary of New York Community Bancorp (NYCB.N) has entered into an agreement with U.S. regulators to purchase deposits and loans from New York-based Signature Bank … source http://www.techmeme.com/230319/p6#a230319p6
Post a Comment
Read more

An interview with El Salvador's top crypto regulator Juan Carlos Reyes on taking a tech-minded approach to crypto regulation, how his agency works, and more (Tom Carreras/CoinDesk)

Tom Carreras / CoinDesk : An interview with El Salvador's top crypto regulator Juan Carlos Reyes on taking a tech-minded approach to crypto regulation, how his agency works, and more   —  The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept Bitcoin as legal tender. from Techmeme https://ift.tt/j9ifNz1 via IFTTT
Post a Comment
Read more