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Meta Winding Down Support for NFTs on Facebook, Instagram

[Mar 15, 2023 1:30 AM] U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms…

NFT Creators Investigated in Israel for Alleged Tax Evasion

[Mar 6, 2023 1:30 AM] Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused…

What is the network effect?

[Feb 19, 2023 5:13 PM] Crypto’s value increases with more users, creating a positive feedback loop due to the network effect.