RABIT Weekly News (W5 December 2022)

Dec 30, 2022 • 1 min read

It is reported that over half of the NFT trading volume on Ethereum is Wash Trading. According to the virtual asset analyst, wash trading accounted for 58% of the total NFT trade volumes on Ethereum in 2022, equivalent to about $30 billion.
According to the southern district of New York, Alameda’s former CEO Caroline Ellisson and FTX's former CTO Gary Wang plead guilty to federal charges related to FTX collapse. SEC also charged them for their defraud equity investors in FTX.
Messari, a leading provider of crypto market intelligence products, announced Messari Theses 2023. The report predicted that 2023 would be a year that demonstrates the resilience and development of technology and policy aspects of cryptocurrency. “Too many bad actors stole the spotlight in 2022, but there are still projects and people doing critical work to move our industry forward. It’s time to refocus on those people and innovations.” said Ryan Selkis Messari’s Co-founder and CEO.

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