Cryptocurrency Analysis and News Portal
Within hours of launching the Ethereum-based Layer-2 scalability network Base, users spent $280,000 in transaction fees while minting a few thousand NFTs. On Thursday, February 23, crypto exchange Coinbase announced the launch of a Layer-2 scalability network for Ethereum, dubbed Base. The development from Coinbase took place in collaboration with
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The recent regulatory action against Binance-branded BUSD stablecoin weighs over BNB token. Original Source
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Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the best-funded country after 180 of its startups raised a
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The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with a
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Crypto scam revenue was slashed by almost half in 2022 due mainly to falling crypto asset prices, but two scam types managed to stay immune.Crypto scam revenue in 2022, which includes investment scams, NFT scams and romance scams, among others, amounted to $5.9 billion in the year — down 46%
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The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than 85% against the U.S.
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“It remains to be seen if these rumors are true, but what is clear is it would be a huge mistake from a US perspective, as it would result in the rest of the world getting ahead in the important crypto and blockchain technology revolution,” Marcus Sotiriou, market analyst at
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Coinbase’s NFT drops feature allowed creators to release collections directly on the marketplace, rather than serving as a secondary marketplace such as leading NFT platform OpenSea. According to data from Dune Analytics, Coinbase NFT’s all-time trading volume is 4,454 ETH, nearly $7 million. In the month of January alone, OpenSea
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On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349%
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Dogecoin slipped to a five-day low on Wednesday, as the meme coin fell for a second straight session. The move saw prices drop by over 5%, edging closer towards a key price floor in the process. Polygon also extended recent declines, hitting its weakest point since January 19. Dogecoin (DOGE) Dogecoin (DOGE)
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