Cryptocurrency Analysis and News Portal
Unicly functions as a fractionalization platform for NFTs. This means that NFT collections can be broken down into bits for easy sell-offs.Unicly, a new multi-protocol Non-Fungible Token (NFT) focused platform has launched its first fractionalized collections, ushering in a whole new way to engage with NFTs. As contained in a
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Despite DOGE’s dramatic crash following the highly anticipated episode of Saturday Night Live hosted by SpaceX founder and hypothetical Dogecoin CEO, Elon Musk, many dog-tokens that recently rode DOGE’s coat-tails are still up several-hundred percent in just a couple of weeks after driving billions in trade volume on Uniswap v3.In
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Sensorium Corporation, the company behind the highly-anticipated digital metaverse Sensorium Galaxy, has burned 4.2 billion SENSO tokens reducing the existing supply by 70%. To date, this is the largest token burning in the entire history of cryptocurrencies. In dollar value, this supply shedding is estimated at $10 billion. As of this
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Top crypto asset exchange Binance has announced it will list three new stock tokens over the coming week, following the launch of tokens tracking the performance of Tesla and Coinbase shares earlier this month.On April 26, Binance announced it will launch tokenized stock pairings for leading business intelligence firm, Microstrategy
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Besides the token burn, Gate.io has undertaken the initiative to buy back GT tokens from the secondary market.In a bid to raise the value of the GateToken coin, the Gate.io platform burned GT tokens worth $40 million in the first quarter. By reducing the coins in circulating supply and developing
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Binance will use its BUSD stablecoin to price the tradable stock token. Binance, the largest cryptocurrency exchange globally by volume, has launched zero commission and tradable stock tokens. According to a blog post by the company, Tesla Inc (NASDAQ: TSLA) shares will be the first to be tokenized.
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Centralized cryptocurrency exchanges (CEX) have received increased attention over the past couple of months as excitement builds over Coinbase's April 14 NASDAQ listing and the exchange's recent announcement that it pulled in $1.8 billion in revenue during the first quarter of 2021. Even as decentralized finance (DeFi) and popular decentralized exchanges (DEX)
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The Ethereum blockchain has laid the foundation for the entire DApps revolution. Playing a major role in the industry’s growth are ERC20 tokens that fuel almost all projects that are built on top of the Ethereum blockchain. While the number of ERC20 tokens continues to rise, the sector lacked dedicated
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Playboy centerfolds will be sold as NFTs after the classic men’s magazine announced a partnership with Nifty Gateway today. The entertainment and lifestyle brand, famous for its Playboy bunnies, distinctive logo, and the dubious claim that men “only read it for the articles”, is planning to tokenize its art,
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The Internet Archive, an American nonprofit behind major digital archive Wayback Machine, has received a $10 million cryptocurrency donation from the Filecoin Foundation.According to a Friday announcement, the Filecoin Foundation has donated 50,000 Filecoin (FIL) tokens to the Internet Archive, worth more than $10 million at the time of writing. The
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