Social media and crypto a combustible combination for fraud: FTC report
The top cryptocurrencies people said they used to pay scammers were Bitcoin (70%), Tether (10%), and Ether (9%).
Category: Regulations
NFTs should be green, too: The climate controversy this Environment Day
NFTs are here to stay, so now is the time for the industry to reduce its carbon footprint and become more sustainable by leveraging existing technologies and carbon offset opportunities.
New York imposes two-year moratorium on crypto mining firms
The PoW algorithm underpins the industry’s two biggest cryptocurrencies—Bitcoin and Ethereum, with the latter expected to switch to a PoS consensus mechanism in Q3 this year.
Yuga Labs Discord hacked, NFTs worth 200 ETH stolen
On May 25, high-valued Ethereum-based Moonbirds NFTs worth $1.5 million were lost by a Proof Collective member amid an ongoing scam.