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On Wednesday, decentralized finance (DeFi) detective Zachxbt published a long thread on Twitter about TreasureDAO’s front-end engineer Just Cheese, or JC, and his alleged past involvement in several nonfungible token (NFT) projects. According to its white paper, TreasureDAO is a “decentralized NFT ecosystem on Arbitrum that is built specifically for
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Creating a new crypto project is dangerously easy: One needs to generate a token, pick a ticker, market it to the crypto community through coin information websites such as CoinMarketCap or CoinGecko, and then get it listed on decentralized exchanges or the thousands of new centralized crypto exchanges that will
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This week on “The Market Report,” we jump right into our main event. Join Cryptox analysts Benton Yaun, Jordan Finneseth, Sam Bourgi and Ornella Hernández as they debate each other on the top metaverse projects on the market. First up, we’ve got Bourgi’s pick of Wilder World, which allows you
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Since launching in 2018, Axie Infinity has amassed over 2 million daily active users (DAUs) and its decentralized exchange, Katana, has a market cap of $5.5 billion, but this growth has not come without challenges.Axie Infinity’s in-game token, Smooth Love Potion (SLP) decreased nearly 93% from it's all-time high in
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Everyone might be a genius during a bull market, but the real stars begin to shine when the waters get choppy. The same can be said for crypto projects and developers and once the pump is over, it's easier for investors to separate the pump and dump projects from those
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The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing controversy. On Jan. 27, DeFi analyst zachxbt revealed that one of the anonymous co-founders of Wonderland happened to be QuadrigaCX co-founder Michael Patryn, who has been operating under
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NFTs took the cryptocurrency market by storm last year. With numerous artists, athletes, and celebrities like Eminem, Snoop Dogg, John Cena, and Tony Hawk launching their own non-fungible token collections, hundreds of thousands of investors, collectors, and traders are waiting to get their hands on the hottest NFTs. Crypto users spent
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The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in various fields such as manufacturing, energy, government and tax services, law, education, health, trade and finance, and cross border finance.” China Establishes Blockchain Testing Zones Sixteen Chinese governmental bodies jointly announced Sunday
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Under the asset purchase agreement, Silvergate paid $50 million in cash to Diem and also issued 1,221,217 of its class A shares. After much effort from Meta, Diem Association is now shutting down after Silvergate Bank (NYSE: SI) purchased the stablecoin project. On the 31st of January, Silvergate
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Ethereum founder, Vitalik Buterin, will receive back $100 million in USDC from the more than $1 billion in Shiba Inu he previously donated to the India-focused Covid-19 relief fund, CryptoRelief, the fund's founder Sandeep Nailwal and Buterin tweeted Friday. Original Source
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