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And yet, sometimes the difference matters. It’s all well and good to transfer an NFT on the blockchain, until you can’t, because it’s in a dead wallet. From a legal perspective, you still own the NFT, because you still own the wallet, even though you can’t access it. But from
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Hoping to reignite interest in the virtual world, The Sandbox metaverse is launching a new virtual neighborhood called Cinerama. With Cinerama, users can sign up to buy and turn their digital properties into opportunities to collaborate, share ideas, and transform movies into immersive, interactive entertainment. There are over 400 digital land
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Headlines predicting the death of Bitcoin are nothing new. Over the past decade, we’ve seen every permutation of why “Bitcoin is dead” imaginable, yet the current crypto winter has brought very few of these dire proclamations. It seems a little different this time. Maybe it’s hard to pen such a eulogy
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As the crypto market faces constant volatility challenges and regulatory pressures, major cryptocurrencies have experienced significant declines and slowed growth over the
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To be sure, there is plenty of meat here and the headline isn’t completely wrong, at least judged by the loose standards of headline writers. It’s sort of true that most NFTs are, indeed, worthless. The study found that, out of a sample of 73,257 NFT collections, 69,795 have a
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Optimism (OP) looks to be on a good recovery path so far in the month of September. This is thanks to the
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Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days. Only two weeks ago, critics declared the platform “dead” after activity on the app looked to be fizzling out. Total value locked and fees on
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The decentralized social media platform, Friend.tech, has witnessed sharp transaction volume and fee income declines over the past week. According to data provided by the analytics platform Dune, Friend.tech’s transaction volume dropped to $883,000 on Aug. 27.
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Less than three weeks after its launch, the decentralized social network Friend.tech has already been declared "dead" by critics, following a recent drop in key metrics such as activity, inflows and volume.Friend.tech had a buzzy beta version launch on Coinbase’s layer-2 Base on Aug. 11. A week later, its fees surpassed
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