NFTs See Staggering 138.15% Sales Increase: Mutant Ape Yacht Club, Azuki, and Moonbirds Fuel the Surge
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March 21, 2024
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NFTs have been hot this week, with sales skyrocketing by a whopping 138.15% compared to the prior week. Between February 19th and 24th, an eye-popping $801 million worth of NFTs was exchanged, confirming the meteoric growth of these revolutionary non-fungible tokens. Even more impressive is that this increase was achieved even though many experts have remained skeptical about the long-term …
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Tencent Taps Into Asian Markets with Metaverse-Building Services
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admin_hrv2xlob
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March 21, 2024
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As Metaverse technology continues to gain traction across the globe, businesses are eager to jump on board as the businesses found this investment well worth it. The virtual realm offers unprecedented opportunities for collaboration and growth, with efficient communication being key to success. To monetize this golden opportunity Tencent, one of the largest Chinese tech giants, has unveiled its latest …
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The Seven Sins Of Sinso
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admin_hrv2xlob
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March 21, 2024
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The Seven Sins of Sinso First sin: Lack of return on investment As a member of the Sinso community, I participated in the second stage of the SSC test network of Sinso and the third stage of the Amstar test network. The total token output of the 2000 nodes was about 2000, and the total income from staking 1300 nodes …
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CoinEx Facing Suit from New York: How Company Reputation Takes a Hit?
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admin_hrv2xlob
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March 21, 2024
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CoinEx, one of the biggest cryptocurrency exchanges, has found itself in hot water as New York Attorney General Letitia James takes it to court. The 38-page petition represented by James indicts CoinEx of failing to register as a securities and commodities broker-dealer in the state. She further stated that the exchange has hooked in repeated and persistent deceitful activities, thus …
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Polygon Labs: Feeling the Heat as Layoffs Loom in 2023
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admin_hrv2xlob
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March 21, 2024
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Polygon Labs, a leader in the volatile cryptocurrency industry, has caused shock waves by announcing that it will be cutting 20% of its staff. This move is indicative of a larger trend across major players like Spotify, Google’s parent company, and Amazon, who are similarly pruning their teams to stay stable in this turbulent economic era. By taking this decision …
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FAMEEX Empowers Crypto Traders With Advanced AI Quant Tools And Insights For Effortless Trades
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admin_hrv2xlob
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March 21, 2024
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Recent Bitcoin (BTC) has experienced an impressive surge of nearly 50% in the initial seven weeks of the year, resulting in a six-month peak of $24,900. As a result of this bullish market sentiment, the unprecedented volatility of cryptocurrencies has led to a new all-time high in 2023. This new opportunity has prompted the cryptocurrency exchange FAMEEX to introduce the potential of …
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UEFA Calls for Sponsorship Offers from Crypto Firms and FX/CFD Brokers
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March 21, 2024
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In these trying times, the crypto community has seen a ray of hope as the union of European Football Associations (UEFA) has indicated that it is now searching into sponsorship proposals from FX/CFDs brokers and crypto firms. This action further demonstrates that the company has realized the growing significance of cryptocurrencies. The action demonstrates UEFA’s dedication to supporting upcoming businesses …
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RBI is Testing E-Rupee: Street Vendors Can Enjoy the Digital Cash Revolution
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admin_hrv2xlob
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March 21, 2024
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A recent announcement from the government has caused much excitement among citizens – a digital rupee is now available for road street vendors! After months of speculation, this currency finally appears to be gaining traction. A practical way for people to pay for goods and services in cash-free transactions, the digital rupee provides a range of advantages. Gautam Narang, a …
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Unleash The Potential Of Play-To-Earn: Monetize Your Leisure Time With HyperNation
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admin_hrv2xlob
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March 21, 2024
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The trend of web 3.0 and GameFi has been growing rapidly. A number of successful projects such as Decentraland (MANA), The Sand Box (SAND), and Axie Infinity (AXS) have recorded massive growth over the past year, with Decentraland (MANA) having grown over 1200% in value in less than a quarter. These projects have been responsible for bringing decentralization in the …
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UK’s FCA Strikes Out Unpermitted Digital Currency ATMs
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March 21, 2024
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A concerning surge in the utilization of digital asset ATMs has been observed in the U.K, with 30 such machines scattered across London, Manchester, Nottingham, and Birmingham however, a considerable number of these are unlawfully operating without government authorization, leading to illicit activities. This instigated the necessity for guaranteeing better conformance and implementation of more stringent regulations that will aid …
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