Dramatic Decline in Bitcoin Ordinals NFT Activity Sparks Concerns

DappRadar has pointed to an “alarming plunge” in Bitcoin Ordinals nonfungible token (NFT) user activity, with trading volumes tanking around a whopping 98% since May. In an Aug. 17 report, DappRadar highlighted its data showing that the total Bitcoin Ordinals sales volume had decreased from peak ...

China’s Supreme People’s Procuratorate Highlights Risks and Controls for NFT Market

The Supreme People's Procuratorate of China justified the targets for controlling NFT market activities and drew attention to the risks associated with this asset class. In recommendations prepared for the country's law enforcement agencies, the Supreme People's Procuratora ...