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The Daily Hodl 2022-02-04 19:41:03

Market Intelligence Firm Chainalysis Issues Warning Over Murky Trading Practices in Nascent Crypto Sector

New data from crypto insights firm Chainalysis reveals that wash trading may be artificially inflating the value of non-fungible tokens (NFTs). In a new report, the market intelligence firm finds that while most of the 262 wash traders they identified were seeing losses, they have profited nearly $8.5 million as a group overall in 2021. […]The post Market Intelligence Firm Chainalysis Issues Warning Over Murky Trading Practices in Nascent Crypto Sector appeared first on The Daily Hodl.

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