Zachxbt levies rug pull allegations against 4 Croatians connected to 9 NFT scams

In a new Twitter thread, blockchain detective Zachxbt has revealed the identities of four people allegedly connected to various Non-fungible token (NFT) rug pulls.

The post Zachxbt levies rug pull allegations against 4 Croatians connected to 9 NFT scams appeared first on CryptoSlate.

View Details

7 Things to Keep in Mind Before Buying Your First NFT

A Non-fungible token (NFT) is a digital unit which validates a digital asset as unique and it can’t be interchanged. It is maintained on a digital platform called a blockchain. NFTs can be used to encode photos, pictures, audio, as well as other types of digital information. They’re frequently encoded using the same technology as […]

View Details

What Are NFT Scams and How To Avoid Them?

Investors lost more than 3.2 billion USD in 2021 to crypto scams. And a big chunk of it was due to NFTs. In early 2022 OpenSea, one of the largest marketplaces of NFTs admitted that around 80% of its NFTs are scams or spams, or mere fakes. Digital artists from all over the world have […]

View Details

Hopeful Users Raised $70M for ‘Scammy’ NFT Project Pixelmon and Its Shockingly Poor Quality Art

Pixelmon was supposed to be a Pokémon-like metaverse game, yet it revealed horrible art and poor game quality.

Continue reading Hopeful Users Raised $70M for ‘Scammy’ NFT Project Pixelmon and Its Shockingly Poor Quality Art at DailyCoin.com.

View Details

OpenSea Reimburses $1.8 Million to Scammed Users, Warns That 80% of NFTs on the Marketplace Are Fraudulent

OpenSea’s mechanism broke and caused accidental sales of expensive NFTs at very low prices.

Continue reading OpenSea Reimburses $1.8 Million to Scammed Users, Warns That 80% of NFTs on the Marketplace Are Fraudulent at DailyCoin.com.

View Details

South Park Is More Bullish On NFTs Than You Think

Surprisingly, the South Park NFT references aren’t as negative as the coverage of the special has made it seem. Covered: The South Park Special’s Many Crypto References Are NFTs Just Ponzis? The South Park Special’s Many Crypto References South Park’s latest special — with a name I will avoid for potential SEO repercussions — delves […]

The post South Park Is More Bullish On NFTs Than You Think appeared first on CryptosRus.

View Details

Halting the NFT Mania

As with any asset - whether digital or traditional - there is a risk of theft.

Continue reading Halting the NFT Mania at DailyCoin.com.

View Details

FBI warns of phishing scams and social media account hijackers

The FBI warned that the account hijackers work to “create a sense of urgency” with their posts, and urged people to vet any website or potential opportunity before clicking on it.

View Details