Average Number of Wallets Trading NFTs Increased 44% YoY

Back in March of 2022, the U.S. Department of Justice (DOJ) charged Frosties founders Ethan Nguyen (“Frostie”) and Andre Llacuna (“heyandre”) with conspiracy to commit fraud and conspiracy to commit money laundering in what is considered to be the agency’s first NFT “rug pull” bust. In the wake of the DOJ’s $1.1-million NFT bust, the…

DappRadar launches Explore beta version Post Views: 91

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Hong Kong has been making headlines in the crypto space ever since it announced it would allow retail crypto trading in May 2023. On June 1, Hong Kong implemented new crypto regulations to license exchanges, with the Hong Kong Securities and Futures Commission (SFC) marking the occasion by issuing a flurry of regulatory guidance for…

Proof-of-stake is a mechanism for achieving consensus on a blockchain. Blockchain is a technology that records transactions that can’t be deleted or altered. It’s a decentralized database, or ledger, that is under no one person or organization’s control. Since no one controls the database, consensus mechanisms, such as proof-of-stake, are needed to coordinate the operation…

Justin Bieber just turned one of his hit songs into an NFT so that fans can participate in a royalty-share initiative. Upon its initial release, the 2015 track, “Company,” ranked at 53 on the U.S. charts and made it onto Australia’s Top 40. As of today, the track has garnered over 500 million streams.  This…