- by foxnews
- 17 Jan 2025
Thousands of investors and enthusiasts attended NFT.NYC this week to talk about buying and selling non-fungible tokens amid a market wipeout and urgent warnings for traders to stay vigilant against a proliferation of scams.
Many pro-crypto celebs have quietly retreated from view as the NFT market has plummeted by 92% since its peak last September, while investors have suffered multimillion-dollar thefts and constant scams. The largest NFT platform, OpenSea, estimated in January that 80% of the NFTs created through its tools were fraudulent.
True believers would say yes.
Applauding the pilot when your flight lands might be more controversial than you think. Some experts call the act of gratitude "rude," and others call it a "guilty pleasure."
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