OpenSea was very bad.
Also another black eye the industry does not need.
Another reason for decentralization. It seems the industry is just baiting the regulators to come in and lock everything down.
Stupidity.
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See this is the shit that causes massive problems, imagine how much of it is going on especially with Defi and pump and dumps. There has always got to be someone that ruins it for everyone.
Yep and the regulators use that as the case example as to why it needs to crack down.
We are our own worst enemy. All the dipshits talking lambos and billions were the ones who draw the attention of the authorities. If the industry policed itself, we might not be in this position.
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Hive has a good system with down votes and I've jumped on board, need to protect assets. We've had new legislation in Australia for social media which sees mainstream media and bloggers held accountable for defemation written online.
Alot of people took things too far, unfortunately I was at the hand of some viral bullshit defamation where my opposition was producing content that I assaulted and stalked women. Despite being in a long term relationship of 20 years, two kids and the allegations not being true there was no ability for accountability. When these statements are not only visible on mainstream social media but actual news websites it creates a false truth.
Social media will no doubt become a focus in time in more countries. I don't know why people behave in such a manner..
Yea, it only take a couplebad apples to mess shit up for everyone else
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I am pretty sure even NEXO and Celsius would eventually be found in news like this.
I can't imagine giving interest rates on crypto while all of their company actions are in shadows.
It never worked for CRED and Uphold, and I doubt if it would work for NEXO and Celsius forever.
Well I think they give out loans to generate the interest but yea I also wonder how they generate the interest they are giving to their costumers.
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I mean did we really think insider trading wasn't a thing in crypto? Look at coinbase as of the last two years or even before that.
Heck look at the stock market and the recent IPOs lol
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Even the Fed chairman was caught doing some insider trading. The stock market is ripe with it and even Congress isn't exempt from it.
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Exactly they need to seriously start looking at themselves first or just remove the SEC as it's freakin pointless. I love one of the senators grilling him the other day about clarity and he ligit doesn't even have anything to say. So sick of all the BS lately going on with all of this and more senators need to stand up or get the F out.
Yea, the tempation is just too big. We probably know about less than 10% of all the insider trading that is going on all over the world
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Yea we need more decentralization and a way to stop people from seeing what comes down the list. Of course people with knowledge of the algorithm can probably still predict which NFTs would show up though.
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Yeah, this is not good at all. Unbelievable they let employees get away with that. It's the blockchain for crying out loud! Everything is transparent. Did they think no one would ever notice?!? Morons....
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