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NFT & DEFI
DOJ’s Crypto Crack Team to Target DeFi, Bridge Chain Exploiters, Says Its Top Cop
The United States Department of Justice (DOJ) plans to direct crackdowns against rogue crypto trading platforms and such investment scams, a top official said.
Recently, an FBI report revealed that American citizens lost…
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Pros and Cons for Bitcoin Related to BRC-20 Token Standard: Bitfinex Report
The latest buzz in the crypto world revolves around the newly introduced Bitcoin token standard (BRC-20), which has garnered considerable attention and favor owing to the recent memecoin craze. Despite the ongoing hype,…
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Ordinals and BRC-20 will disappear in a matter of months, says JAN3 CEO
The latest hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow. “These guys are basically paying massive amounts of fees that go directly to Bitcoin…
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Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals…
Top Stories This Week
Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange
An email sent out to Coinbase customers describing the Pepe the Frog meme as a “hate symbol” co-opted by alt-right…
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Phantom Launches Multichain App, Will Support Ethereum and Polygon
The leading retail-facing self-custody cryptocurrency wallet on Solana, Phantom Wallet, revealed that it will support Ethereum and Polygon for all browsers, Android, and iOS users.
According to the press release shared…
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Daily Revenue Hit 5-Year High at $17M
For some, the Ordinals craze has wreaked havoc in the Bitcoin ecosystem. BTC’s price may have, so far, failed to capitalize on it, but that was not the case for the network miners.
In fact, the development has been a…
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Pepe’s market cap sinks $1B in 5 days, some whales are still buying
The market cap of new memecoin Pepe (PEPE) has fallen $1.1 billion from its May 6 peak, though on-chain data shows it’s still being bought by some crypto whales. In the five days from May 6 to May 10, the price of the memecoin plummeted…
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Solana Sees Significant Growth Across DeFi, NFTs: Messari
After a turbulent 2022 owing to macroeconomic headwinds, Solana’s performance improved substantially in the first quarter of the year. Data suggested that its market cap increased by more than 118% QoQ along with the…
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NFT Traders Sell BAYC Below Floor Price to Buy PEPE
Certain traders have recently sold NFTs part of the Bored Ape Yacht Collection (BAYC) at a discount to invest in the now-trending memecoin – PEPE.
The asset has been among the best performers in the crypto market lately,…
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Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more
Blue chip nonfungible token (NFT) project Pudgy Penguins has signed a representation deal with major Hollywood talent agency William Morris Endeavor (WME). According to an announcement via Twitter on May 5, Pudgy Penguins is looking to…
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