😌 BTC fear and greed index rises to neutral: bullish signals amid prolonged bear market

😌 BTC fear and greed index rises to neutral: bullish signals amid prolonged bear market 🤐 FTX account drainer hacker receives tips on how to launder stolen crypto funds through mixers 🎫 NFT ticketing - the real use case for NFTs is just beginning

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😌 BTC fear and greed index rises to neutral: bullish signals amid prolonged bear market 

🤐 FTX account drainer hacker receives tips on how to launder stolen crypto funds through mixers

🎫 NFT ticketing - the real use case for NFTs is just beginning

BTC fear and greed index rises to neutral: bullish signals amid prolonged bear market

Some bullish news: BTC fear and greed index rising to ‘Neutral’. According to the Fear and Greed Index which tracks multiple indicators, Bitcoin investor sentiment is rising from its prolonged bearish sentiment, with the index reading of 52 being in “Neutral” territory for the first time since April 5th 2022.

This is highly encouraging news, as it may potentially signal a new wave of investor optimism and growth in the Bitcoin market. The index taking into account multiple factors including price volatility, social media comments, surveys, and others to display the momentary investor sentiment towards Bitcoin is a good indication that confidence in the market is on the rise.

It remains to be seen whether this newfound optimism can sustain itself as we enter 2023 with fresh developments in global finance, but it looks like there could be an interesting year ahead for crypto investors and enthusiasts alike.

FTX account drainer hacker receives tips on how to launder stolen crypto funds through mixers

Twitter users have noticed a new type of marketing being born: one that caters to criminal elements. The FTX Account Drainer business has brought the trend into focus, with people trying to send cryptic messages to hacker's account through the blockchain, essentially advertising their services in order to help them launder the stolen funds.

The messages usually recommend using more obscure crypto mixing services that are not well known to the public. Mixers work by shuffling coins between multiple parties, making it difficult to trace the digital assets back to their original owners. While some crypto exchanges have implemented basic AML and KYC measures, many businesses still lack the infrastructure (possibly on purpose) to detect and prevent any stolen funds from entering the ecosystem.

Not sure if the hacker is going to take up on the offer, but it's funny to imagine that people who steal millions of dollars worth of crypto still get plagued by the ever-persistent "marketing proposals".

NFT ticketing - the real use case for NFTs is just beginning

The 2022 market crash has only accelerated the trend of fans, investors and traders becoming increasingly less convinced by quick profits and favoring NFTs with more utility. In particular, the use of NFTs for ticketing has quietly become mainstream in the industry. For example, British electronic trio Clean Bandit announced last year that they were using NFTs as tickets for their own UK tour.

Sports teams and venues have also begun to embrace the use of NFTs for ticketing, recognizing their promise as a secure way to store tickets. SeatlabNFT, one of the first NFT ticketing providers, is already leading the way in this emerging market by enabling fans to buy NFTs tickets which can be saved, stored, and sold on a secondary market.

As more and more organizations become aware of the advantages that NFT ticketing can bring, such as improved security and convenience, it is certain that the popularity of NFTs in the ticketing industry will only continue to grow.

For example, Ticketmaster, a leader in ticketing and event management, announced a groundbreaking initiative with Flow blockchain last year. Through the Flow blockchain, Ticketmaster event organizers can now link NFTs to each attendee’s ticket. With these NFTs, Ticketmaster eventgoers can gain access to VIP experiences, with the potential for being able to transfer their tickets to a secondary market and save them as blockchain memorabilia for events.

So while the NFT monkey JPEG craze era might be winding down, the real use case for NFTs is just beginning. As more and more organizations recognize the potential value of NFTs and integrate them into their ticketing operations, we’re likely to see an exponential growth in the use of NFTs in the industry.