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kangkung
kangkung
@kangkung
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July 2022
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Comparing this #trend to the past, the analyst pointed out that the same happened in 2018 and 2020 when #BTC was bottoming out.

First, the investors accumulating #BTC are large entities and have been buying heavily since the crash of #FTX.

According to #Game of #Trades, these on-chain metrics show that there has been a significant accumulation among investors

The pseudonym analyst shared his #findings on Twitter, discussing the current accumulation, reserve risk, dormancy floor, and other positive key indicators for #Bitcoin.

The analyst #Game of Trades says that the on-chain data signals #BTC investment as a “generational buying opportunity.”

The latest analysis from pseudonym analyst #Game of Tradeshas revealed six on-chain metrics showing the same levels that occurred during the bottom three bear #markets in the past.

Analysts usually focus on #Bitcoin to identify or predict #market trends.

#Bitcoin usually sets the pace for other #cryptocurrencies to follow.

In response to this, some users took to Twitter to claim that when their #NFT was stolen, #OpenSea was unable to help.

The #NFT #marketplace introduced a new stolen item policy to incorporate and expand the use of police reports.

In addition, the platform pointed out that it has invested in tools and personnel to prevent and detect #theft and stop the resale of #stolen items in its platform.

Soon after we were notified and became #aware, we disabled the items and the user’s account has #since been unlocked

The #theft in question took place outside of OpenSea and the items were sold before #OpenSea became aware of the reported theft.

Apart from this, the lawyer commented that “#OpenSea needs to focus on its customers, the people buying and selling #NFTs, rather than be blinded by growth, investor #dollars and gross revenue.”

In some #instances, OpenSea acknowledges its failures and makes the #account owner whole. In others, #OpenSea simply ignores the issue.

I have #spoken with and represent several people who had their #NFTs stolen or accounts compromised on the #OpenSea marketplace.

The #attorney confirmed that there are several people #dealing with the same issue

#Enrico Schaefer, the lawyer leading #Acres’ legal team, said that this is not an isolated case.

Because of this, #Acres employed the help of lawyers to take action against #OpenSea.

“Whether by intention or ineptitude, #OpenSea’s actions caused me significant #financial loss as I am an active investor in the #Web3 community,” he said.

Acres is convinced that the estimated #losses because of #OpenSea’s actions amount to $500,000.

The #NFT investor believes that the #marketplace should be held accountable for losses incurred during the time

The investor also claims that #OpenSea required him to perjure himself with a #statement to unlock his account.

#OpenSea held my #assets ransom for over three months despite repeated demands to unlock my assets,” he added

However, #according to #Acres, it was not the solution he requested

Additionally, the #NFT #marketplace also responded by #locking his account to prevent further damage.

“They took over 48 hours to respond, by which time the stolen #assets had been sold as the buyer #significantly undervalued them in prioritizing pace over value.”

However, the #NFT collector #claims to have met a lot of difficulties

#OpenSea user Robbie Acres told Cointelegraph that after his #NFTs were stolen through a phishing scam, he immediately reported it to the #NFT marketplace

Including being locked out of his #account for more than three months after being a #victim of a phishing scam.

A nonfungible token (NFT) collector is taking legal action against the #OpenSea #NFT marketplace for several allegations

The #lawyer leading the legal team highlighted that this is not an isolated case and alleged that #OpenSea ignores issues in some instances.

#NFT collector sues #OpenSea for locking account after being scammed

However, their vision to connect with their fans and take full advantage of emerging #Web3 #technology requires collaboration with key partners involved in the space.

“A Hard #Working Man” #digital collectibles tell a #meaningful story that hits home for all of the hard workers out there

“A Hard #Working Man” #digital collectibles tell a #meaningful story that hits home for all of the hard workers out there

“A Hard #Working Man” #digital collectibles tell a #meaningful story that hits home for all of the hard workers out there

At the forefront of reshaping how fans interact with their favorite creators is the #digital collectible collection for the hit track "A Hard #Working Man."

They’re the #foundation for #meaningful connections between artists and their fans.

Although just one example of their utility, it becomes clear that #digital #collectibles are more than just a piece of art

Fans gain access to #exclusive experiences for real-life events such as concerts, private parties, comedy shows, #crypto conferences and celebrity #poker tournaments among others.

At their foundation, these #Web3 communities start with digital collectibles that exist both as a piece of digital art and as an access point to a #digital community.

In this reshaped view of #fandoms, fans can become part-owners of an artist's intellectual #property and have a more active role in their community.

In the #Web3 media environment, #artists’ followers have the opportunity to engage with their idols in a more equal and direct manner, rather than simply hoping

After years of stagnation, the concept of fandom, especially for musicians, is undergoing a #significant transformation in a new digital environment, #Web3.

This led to the mainstreaming of fandoms, such as Justin Bieber's "#Beliebers" and the "#Weebs" and "#Otakus" of anime fandom

Throughout the 2010s, social media platforms such as #Facebook, Tumblr, Instagram and Twitter allowed fans to share their #enthusiasm for their favorite celebrities with a wider #audience

However, the emergence of #social media provided new channels for communication and connection, leading to the #rise of superfans

In the past, fans #could only interact with each other in person or #through online chat rooms.

Fans show their #support and appreciation through various forms of expression, such as attending concerts, purchasing #merchandise or participating in online communities.

charles
@charles in Status·2 months ago

Hope is Dope. “#Sam_Bankman-Fried: I hope to make money to pay people back” - #FTX #Crypto

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dakar
@dakar in Status·2 months ago

#Bitcoin dips, and SBF hires high-profile attorney following FTX collapse: #CNBC #Crypto World

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fampiano
@fampiano in Cryptocurrency·3 months ago
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