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Non-Fungible Tokens: Of Course They’re Attracting Scammers

Non-fungible tokens represent an entry on the blockchain certifying that someone owns a particular digital asset. NFTs can represent digital ownership of just about anything – Twitter CEO Jack Dorsey’s first tweet, original art created by the musician Grimes, unique superhero drawings by Marvel artists, virtual land sales for online realms or any other type of creative work. The higher the value of a cryptocurrency, the higher the volume of fraud targeting its users, says Abhilash Garimella.”]

Source: https://www.bankinfosecurity.com/blogs/non-fungible-tokens-course-theyre-attracting-scammers-p-3011

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