This article covers blockchain news, business news, and technology news. Here’s the rundown:

NFT sales volumes are off to a strong start in December, beating November’s best week with $187 million in sales in the first week. Ethereum is the leading blockchain with $92 million in weekly sales.

The Brooklyn District Attorney’s Office has shut down 40 fake NFT marketplaces that cost an artist $135,000.

Magic Eden’s ME token has lost value due to implementation issues. It’s fallen to $4.30 after its initial launch at $6.70.

Jana Bertram of the RARI Foundation said NFTs are still valuable and will come back in a different form.

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