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0 CommentsWith the help of blockchain analysts firm Chainalysis, FBI agents seized $30 million worth of crypto stolen by the North Korean threat group Lazarus from the token-based play-to-earn game Axie Infinity. Hackers stole over $600 million from Axie earlier this year. The news was announced during the AxieCon event on Sept. 8, where the hosts…
Over the last three months, the activity of its blockchain developers has decreased by more than 26% in weekly active developers, a recent data analysis from Artemis revealed. Crypto researchers suggest that this is attributed to the departure of “tourist investors” and “tourist builders” that would give real builders to get real work done. A…
Written off by some as a big bubble, non-fungible tokens represent a step change for forgery management, royalty payments, and identity, Ari Juels, professor at Cornell Tech says on CoinDesk. If you stop people on the street and ask what they think non-fungible tokens (NFT) are all about, what will you hear? Something about outlandish…
The new report from Messari revealed that venture investments in the crypto sector were down 35% over last month and up 22% since August 2021, with leading The Infrastructure track, accounting for 24%. Total funding for this August was $1.37 billion — down 29% since July and down 32% year-over-year. In August, there were 104…
Forbes’s new analysis of 157 crypto exchanges reveals that 51% of the daily Bitcoin trading volume is likely fake. “Wash trading” also benefits exchanges, allowing them to appear to have more volume than they actually do and encouraging more legitimate trading. The widespread practice of wash trading, which means phony or fake volume, and the…
The latest data for August indicate that the summer downturn in NFT marketplaces has continued – down 45% for a month. According to The Block’s Data Dashboard, the NFT marketplace volume for August was $369.53 million, compared with $675.43 million in July. OpenSea continues to hold its place as the dominant market leader, with $303.47…
