Marketplace suspends most NFT sales citing “rampant” counterfeiting and plagiarism

LONDON, Feb 11 (Reuters) – The platform, which sold an NFT of Jack Dorsey’s first tweet for $2.9 million, has halted most transactions because people were selling tokens with content they didn’t own, it said its founder and called this a “fundamental problem”. ” in the fast-growing digital asset market. Sales of NFTs, or non-fungible … Read more

NFT sales hit $ 25 billion in 2021, but growth is showing signs of slowing

LONDON, Jan 10 (Reuters) – From cartoon monkeys to video clips, sales of NFTs hit around $ 25 billion in 2021 as the speculative crypto asset gained popularity, data from market follower DappRadar shows, though there were signs of a slowdown in growth towards the end of the year. The prices of some non-fungible tokens, … Read more

The power of the Bitcoin network collapses as Kazakhstan’s crackdown hits cryptocurrency miners

Bitcoin’s “hashrate” drops after internet shuts down in Kazakhstan Country that accounted for 18% of bitcoin’s global output power in August The share has risen sharply after China’s crackdown Kazakhstan shuts down the internet after deadly protests LONDON, Jan. 6 (Reuters) – The bitcoin network’s global computing power dropped dramatically when Kazakhstan’s internet shutdown this … Read more