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Gas fees on Ethereum layer-2 Polygon (MATIC) surged more than 1,000% to reach a peak of $0.10 as users inundated the network with the minting of Ordinals-inspired tokens dubbed POLS. In a Nov. 16 X (formerly Twitter) post Polygon founder Sandeep Nailwal shared his surprise at the elevated transaction activity on
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Last month, a team of South Korean scientists claimed they engineered a superconducting material, dubbed LK-99, that works under ambient temperature and pressure. In layman's terms, the team allegedly created a material allowing electrical currents to flow without resistance or energy loss. Previously, such types of materials were only thought
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain data shows 31,700 ethereum (ETH) have been burned in the last week. The spike is due to the latest mania over pepecoin (PEPE). This development has pushed Ethereum’s transaction costs even higher. At the beginning of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A CoinGecko study shows that meme coins continue to take hold in several countries across the world, with the United States, India, and the United Kingdom leading the charge. Data suggests the top 10 countries driving the
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Despite the general downturn in the cryptocurrency markets throughout the year, Ethereum blockchain analytics platform Nansen has continued to report impressive growth numbers.CEO and co-founder Alex Svanevik recently spoke about Nansen’s growth, highlighting that the company has registered over 130 million addresses and has grown 30% despite the crypto downturn. Svanevik
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At the very beginning of 2022, South Korean tech giant Samsung announced its foray into the metaverse and a new “NFT Aggregation Platform” designed for its smart TVs. In addition to the NFT TVs, Samsung also launched a virtual experience inside of Decentraland, one of the most popular metaverse gaming
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“We were struck by the unique place the parade holds in pop culture, always evolving and reflecting the greatest characters and artists of each generation,” Will Coss, the parade’s executive producer, said in a press release. “To celebrate that history, we created art in a new form through NFTs that
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Curve dao (CRV), the governance token for automated market maker (AMM) protocol Curve Finance, has quietly risen to become a top performer of the week, despite the craze around shiba inu and other dog-themed tokens.At the time of publication, CRV was changing hands at $4.74, according to data from Messari,
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Cardano’s ADA was among the best performers in the cryptocurrency market this week as traders assessed its bullish prospects against a stagnating top rival Bitcoin and an ongoing craze for non-fungible tokens, or NFTs. The blockchain asset jumped to the third rank after undergoing a 19 percent price rally. As of
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