In February 2023, the top six nonfungible token (NFT) marketplaces experienced a significant surge in NFT wash trading, with a total volume of $580...

With the Federal Reserve’s $300 billion injection into the banking industry last week, Strike CEO Jack Mallers believes Bitcoin is prepared...

In February 2023, top 6 marketplace NFT wash trade volume reached $0.58 billion. NFT wash trading rose 126.0% from $0.25 billion...

Bloomberg reports that the 21Shares S&P Risk Controlled Ethereum Index ETP (ticker SPETH), the 21Shares S&P Risk Controlled Bitcoin Index ETP...

The Federal Reserve of the United States has announced a coordinated effort with five other central banks to keep the US...

Top Stories This Week Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees Sam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance...

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Scammers are targeting non-fungible token (NFT) users by promoting fake airdrop links to claim BLUR tokens on malicious websites. According to TrustCheck, scammers have...

At the beginning of the year, when the crypto market was red hot, it was extremely tough to understand what was...

A recent report published by blockchain analytics firm Dune revealed that nearly 60% of non-fungible token (NFT) trading volumes this year were wash...

Chainalysis has released a report that sheds light on the NFT market in the past year, including some notes on NFT wash trading and money laundering. Market breakdown The data provided by Chainalysis goes into detail where the buyers of NFTs came from. Web traffic analysis shows that most visits to NFT marketplaces originate in […]

The post NFT Trading Volume Amounted To 44.2 Billion USD In 2021 appeared first on CryptoCoin.News.

Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting.