{"id":20578,"date":"2021-09-10T09:30:14","date_gmt":"2021-09-10T09:30:14","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=20578"},"modified":"2021-09-10T09:30:14","modified_gmt":"2021-09-10T09:30:14","slug":"state-media-warn-of-huge-bubble-in-nft-as-cryptocurrencies-lose-steam-in-china","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=20578","title":{"rendered":"State media warn of \u2018huge bubble\u2019 in NFT as cryptocurrencies lose steam in China"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostA Chinese state-run newspaper has warned of a \u201chuge bubble\u201d in non-fungible tokens, or NFTs, just as the country\u2019s Big Tech companies \u2013 including Tencent Holdings and Alibaba Group Holding \u2013 have started to test the water this new digital asset market.The article published on Friday by the Securities Times, supervised by the Chinese Communist Party mouthpiece People\u2019s Daily, said that \u201cit is common sense that there is a huge bubble in NFT transactions\u201d and that \u201cmany buyers only focus on NFT as\u2026<a href=\"https:\/\/www.scmp.com\/tech\/policy\/article\/3148286\/state-media-warn-huge-bubble-nft-cryptocurrencies-lose-steam-china?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostA Chinese state-run newspaper has warned of a \u201chuge bubble\u201d in non-fungible tokens, or NFTs, just as the country\u2019s Big Tech companies \u2013 including&hellip; <\/p>\n","protected":false},"author":0,"featured_media":20579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/20578"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20578"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/20578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/20579"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20578"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}