ameli3red

@ameli3red

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The system’s basics could theoretically be applied to resolve any legal disputes in blockchain environments, not just bug bounty-related issues. Amador explained:

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The new legal system could set a precedent for more blockchain-based legal applications, thanks to the transparency and transformative use cases of the shared blockchain ledger.

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Today, in crypto, Kyrgyzstan’s cryptocurrency mining tax revenue dropped by over 50% in 2024, totaling $535,000(46.6 million soms), despite rising crypto valuations. US Bitcoin ETFs broke a four-day outflow streak, bringing in almost half a billion in inflows. Also, bettors on Polymaket and Kalshi expect 2025 to be a record year for cryptocurrency prices.

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Even though NFTs endured, holders faced numerous challenges this year, from a downward streak to regulatory hurdles.

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While NFT sales volumes are lower than in previous years, the space saw a 62% increase in unique buyers year-on-year. In 2023, NFT buyers numbered about 4.6 million, which rose to 7.5 million in 2024.

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NFTs continued to be integrated within the Web3 space despite facing challenges in 2024. While some outlets wrote obituaries for NFTs, holders traded digital collectibles. According to data tracker CryptoSlam, NFTs recorded about $8.5 billion in sales in 2024.

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The duo also allegedly harassed and intimidated a person who exposed their involvement in one NFT project.

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Prosecutors alleged that Gabriel Hay and Gavin Mayo gave misleading statements and false roadmaps for a series of NFT and digital asset projects. Hay and Mayo are accused of abandoning projects after investors had poured money into them.

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Two 23-year-olds from California were arrested and charged with performing a series of rug pulls using NFTs and other digital assets. The duo allegedly defrauded investors of over $22 million.

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Because of the sudden volume surge driven by Ethereum-based digital collections, NFT sales in December reached $678 million in just 21 days. December’s sales surpass the previous month’s record of $562 million. At the time of writing, NFTs had reached a sales volume of $771 million in December.

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NFT collections based on Ethereum drove weekly sales volumes to over $300 million as NFTs surged in December. In the week leading to Dec. 21, Ethereum NFT collections like Pudgy Penguins, LilPudgys, Azuki, Doodles and CryptoPunks dominated the NFT sales charts.

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In this week’s newsletter, read about how Ethereum-based non-fungible tokens (NFTs) drove weekly sales volumes to more than $300 million as collections like Pudgy Penguins and Azuki surged. Meanwhile, two 23-year-olds were accused of performing a series of rug pulls using NFT projects and other digital assets. Also, check out Cointelegraph’s NFT recap 2024 to review the year’s trials and major events in the NFT space.

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ameli3red pfp

Today, in crypto, Kyrgyzstan’s cryptocurrency mining tax revenue dropped by over 50% in 2024, totaling $535,000(46.6 million soms), despite rising crypto valuations. US Bitcoin ETFs broke a four-day outflow streak, bringing in almost half a billion in inflows. Also, bettors on Polymaket and Kalshi expect 2025 to be a record year for cryptocurrency prices.

0 reply

1 recast

14 reactions

ameli3red pfp

Even though NFTs endured, holders faced numerous challenges this year, from a downward streak to regulatory hurdles.

0 reply

1 recast

12 reactions

ameli3red pfp

While NFT sales volumes are lower than in previous years, the space saw a 62% increase in unique buyers year-on-year. In 2023, NFT buyers numbered about 4.6 million, which rose to 7.5 million in 2024.

0 reply

1 recast

11 reactions

ameli3red pfp

NFTs continued to be integrated within the Web3 space despite facing challenges in 2024. While some outlets wrote obituaries for NFTs, holders traded digital collectibles. According to data tracker CryptoSlam, NFTs recorded about $8.5 billion in sales in 2024.

0 reply

1 recast

11 reactions

ameli3red pfp

The duo also allegedly harassed and intimidated a person who exposed their involvement in one NFT project.

0 reply

1 recast

11 reactions

ameli3red pfp

Prosecutors alleged that Gabriel Hay and Gavin Mayo gave misleading statements and false roadmaps for a series of NFT and digital asset projects. Hay and Mayo are accused of abandoning projects after investors had poured money into them.

0 reply

1 recast

10 reactions

ameli3red pfp

Two 23-year-olds from California were arrested and charged with performing a series of rug pulls using NFTs and other digital assets. The duo allegedly defrauded investors of over $22 million.

0 reply

1 recast

9 reactions

ameli3red pfp

Because of the sudden volume surge driven by Ethereum-based digital collections, NFT sales in December reached $678 million in just 21 days. December’s sales surpass the previous month’s record of $562 million. At the time of writing, NFTs had reached a sales volume of $771 million in December.

0 reply

1 recast

8 reactions