NFT explosion sweeps markets Non-fungible token sales have skyrocketed over the last 12 months, and 30-day stats from leading NFT marketplace Opensea, as of last weekend, showed that the platform recently captured over $1.5 billion dollars in volume, breaking previous records.
Even that number has since grown massively at time of writing, with August trading volumes now surpassing $2 billion dollars and shattering July's record of $325 million. A more than six-fold increase.
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In the news Crypto inferno: Ethereum network burns over $230 million in ETH On August 5th, the Ethereum network successfully implemented the London hard fork upgrade. One specific feature, EIP-1559, has fascinated crypto proponents for quite some time as the upgrade change makes ether more scarce over time.
Statistics show that in just over two weeks, the Ethereum network burned 73,784 ether worth over $230 million. Onlyfans suspends ban, crypto-fueled 'Onlycoins' sees opportunity Bitcoin.com News recently reported on the 18-and-over website Onlyfans' now suspended decision to ban sexually explicit content as of October 1st.
Though the ban has now been halted, crypto-friendly subscription platform Onlycoins nonetheless believed the impending restriction to be "crypto's biggest opportunity" and aims to "support sex workers and online creators." US Treasury official: crypto requirements won't target non-brokers Despite the broad definition of a broker in the $1.2 trillion infrastructure bill, an official of the U.S. Treasury Department says that non-brokers will not be targeted even if the bill is not amended.
The official added that crypto advocates' fears are unwarranted.
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