Day: April 18, 2022

Terra is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend Trading

boss

The largest cryptocurrency by market capitalization was recently trading at about $39,928, a little down from where it stood 24 hours earlier and about the same as where it started the Good Friday, holiday weekend. Ether, the second largest crypto by market cap, was trading at about $3,026, a level from which it has barely budged since last Monday. Other major cryptos were largely in the red, albeit slightly, although SOL was one of the few exceptions rising about 1%. Original

What are wash trading and money laundering in NFTs?

boss

NFT wash trading is a problem for investors, the global community, collectors and traders because these participants use less liquid nonfungible tokens to manipulate the price of an asset. Due diligence has become more difficult as investors have been forced to rely on measurable statistics, making wrong investment decisions. To encourage NFT investments and prevent NFT scams, discrepancies in the data must be investigated by specialists. Additionally, NFT crimes hit the NFT community the hardest. Regulators and proponents of mainstream financial services can now use wash trading to combat decentralization.…