{"id":57661,"date":"2022-02-14T10:26:12","date_gmt":"2022-02-14T08:26:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57661"},"modified":"2025-09-04T12:49:56","modified_gmt":"2025-09-04T09:49:56","slug":"nft-marketplace-cent-halts-trading-amid-fakes-and-plagiarism","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nft-marketplace-cent-halts-trading-amid-fakes-and-plagiarism\/","title":{"rendered":"NFT marketplace Cent halts trading amid fakes and plagiarism"},"content":{"rendered":"<p>The NFT platform Cent paused trading. Reuters reported, citing the marketplace&#8217;s chief Cameron Hejazi.<\/p>\n<p>According to him, the decision was prompted by the sale of copied and counterfeit NFTs by users who did not have rights to the tokenized content.<\/p>\n<p>Hejazi described this as a &#8216;fundamental problem&#8217; in the fast-growing digital-asset market.<\/p>\n<p>The Valuables category for selling NFT-tweets remains available on the platform, the publication noted.<\/p>\n<p>Cent&#8217;s audience reached 150,000 users. In March 2021, Twitter founder Jack Dorsey <a href=\"https:\/\/u1f987.com\/en\/news\/jack-dorsey-sells-nft-tweet-for-2-91-million\">sold his first NFT-tweet for $2.91 million<\/a>.<\/p>\n<p>In January 2022, the platform OpenSea reported that more than 80% of NFTs created with the free mint option <a href=\"https:\/\/u1f987.com\/en\/news\/opensea-more-than-80-of-free-mint-nfts-were-plagiarised-or-spam\">were plagiarized, counterfeit, or spam<\/a>.<\/p>\n<p>Earlier in February, Chain CEO Dipak Thapliyal <a href=\"https:\/\/u1f987.com\/en\/news\/cryptopunks-nft-sells-for-a-record-23-7-million\">purchased NFT CryptoPunk #5822 for 8,000 ETH<\/a> (~$23.7 million). The purchase was the largest in the Larva Labs collection&#8217;s history.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 news on cryptocurrencies, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cent NFT platform halted trading. CEO Cameron Hejazi called this a &#8216;fundamental problem&#8217; of the segment.<\/p>\n","protected":false},"author":1,"featured_media":57662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213],"class_list":["post-57661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=57661"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57661\/revisions"}],"predecessor-version":[{"id":57663,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57661\/revisions\/57663"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/57662"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=57661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=57661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=57661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}