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Meta Platforms, the parent company of Facebook, saw the largest single-day slide in market value for a U.S. company ever with a 26% fall in share prices on Thursday after the tech giant revealed disappointing earnings and a decline in daily active users. Meta famously changed its name from Facebook
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Solana’s SOL jumped 17% in the past 24 hours to regain the $100 and above level after Coinbase listed two other tokens of the Solana ecosystem.The crypto exchange said on Monday it would list ORCA and FIDA, tokens of Solana-based decentralized exchanges Orca and Bonfida respectively, as reported.The move marked
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Orca and Bonfida are decentralized exchanges for Solana-based assets, including wrapped tokens. Already in the green for the day, ORCA rallied within minutes of Coinbase’s announcement before giving much of the gains back by press time. FIDA dropped. Source
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The crypto market seems to have lost its luster for a while now, with the overall market valuation falling below $2-trillion. Despite Bitcoin’s 13th birthday celebrations, the crypto carnage has persisted. The blue-chip cryptos are now battling for action with a dramatic drop in volumes. However, the current drop has
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Crypto exchange BitMEX airdropped 1.5 million BMEX, its first native tokens, to users as it looks to revive retail interest. The tokens were airdropped based on a user’s previous activity on the exchange.Benefits for #BMEX Token holders👇✅ Trading fee #discounts✅ Exclusive @BitMEX privileges, experiences, and merch✅ VIP services for users
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Interoperability is shaping up to be one of the main themes for the cryptocurrency market in 2022 as projects across the ecosystem unveil integrations that make their networks Ethereum (ETH) Virtual Machine (EVM) compatible.While this has been one of the long-term goals of the ecosystem as a step on the
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Following a series of record-breaking IDO’s and recent listings on two of the world’s biggest crypto exchanges Huobi Global and KuCoin, Ertha Metaverse has emerged as one of 2022’s highest trending Play-to-Earn games. According to CryptoRank, Ertha ranked 2nd in its list of the ‘Most Searched Play-to-Earn Tokens’ during a 30
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Prices of tokens created by Daniele Sestagalli, one of the developers of Avalanche-based money market Wonderland, fell as much as 22% in the past 24 hours amid drama around Wonderland’s cofounders.In the past 24 hours, Popsicle Finance’s ICE fell 22%, Wonderland’s TIME fell 15%, and Abracadabra’s SPELL dropped 15% to
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Listing SPL tokens would appear to mark a major development in Coinbase’s token onboarding strategy. Up to now, it has only listed Ethereum-based coins and flagship Layer 1 assets such as Algorand (ALGO) and Cosmos (ATOM), a review of its listings found. Original Source
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“Moving to Solana is one of the big steps we made to solve a lot of the problems building Web 3 products on a blockchain like Ethereum,” Mahesh Vellanki, managing partner of SuperLayer, told CryptoX in an interview. “Whether we call them engage-to-earn, play-to-earn, learn-to-earn, we’re building architecture in a
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