BluiCoin (BLUI) was one of the biggest crypto gainers yesterday, boasting an extraordinary surge of 10,016%. At one point the meme coin was up by 21,830% when it ascended to an intraday high of $0.000000003590 before profit-taking forced its price to retreat to a closing of $0.000000001864. BLUI’s journey continues to be tumultuous today, with…
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Reddit non-fungible tokens (NFTs) minted on layer-2 network Polygon have surpassed 20 million in the face of general quiet on the NFT front. According to Dune Analytics (on Monday morning, 9:00 UTC), a total of 20,323,749 collectible avatars has been minted since the launch of the project in July 2022, now in the hands of…
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Coca-Cola has chosen the newly-launched Coinbase layer-2 network Base to deploy its Masterpiece NFT collection. The world’s largest soft drinks brand is delving deeper into the realm of nonfungible tokens (NFTs) by launching its first collection on Coinbase layer-2 network Base. On Aug. 13, Coinbase announced the new Coca-Cola collection as part of its “Onchain…
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The tokens are part of the Reddit Community Points initiative to create cryptocurrencies that would incentivize content creation. Moons and Brick, two tokens created by users of social media platform Reddit, are up 48% and 443%, respectively, in the past week after being listed on cryptocurrency exchange Kraken. In an Aug. 7 announcement, Kraken announced…
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Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange. Generation Z crypto investors are more likely to engage in copy trading or social trading, an investment method that involves mirroring someone else’s trades, according to a report from…
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Reddit has released the Gen 4 Collectible Avatar series, the largest addition to its limited-edition non-fungible token (NFT) collection yet. GEN 4, titled “Retro Reimagined”, is live in the Shop, the Wednesday announcement said. “As our biggest drop to date, you’ll notice a lot of familiar faces as well as some new ones popping up…
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“My Bitcoin was taken. How?” A Reddit user thought they were following best practices until two days ago when their Bitcoin wallet was completely cleaned out. A Reddit user has become the latest example of why crypto users should be more careful when using wallet generators — after the user lost a few thousand dollars…
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Spasova emphasized that the primary motivation behind running Collectible Avatars on-chain is to empower users with freedom of use. Mirela Spasova, a Reddit senior engineer on the Collectible Avatars project, took to the master stage at the Ethereum Community Conference (EthCC) event in Paris to shed light on Reddit’s strategy for onboarding millions of users…
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Open APIs are vital for healthy communities on social platforms. With Web2 companies beginning to reject that principle, Web3 could be poised to supplant them. On July 1, the popular discussion website Reddit took a ruinous step: Its application programming interface (API) — the tool that gives developers access to its rich store of data…
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So far they have accrued 2.65 BTC at an average price well under the current level of around $30,000 for 1 BTC. A Redditor and member of the r/CryptoCurrency community is claiming to be up 25% or $19,500, after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past…
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