Decrypt
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Don’t Call It ‘Crypto’: How Some Blockchain and NFT Projects are Rebranding
As the bear market bites, crypto projects are abandoning terms like NFTs and Web3. Here's how branding experts think they should weather the storm.
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Borrowing Against a Bored Ape NFT—What Could Go Wrong?
With the rise of non-fungible tokens, many users are now looking for more ways to "unlock" liquidity for their Apes, Penguins, and Doodles.
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This Week in Coins: Bitcoin, Ethereum Dip as Crypto Market Sheds $58B
Crypto appears to be shedding much of its new year gains, with Bitcoin and Ethereum each posting hefty losses on the week.
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NBA Top Shot Lawsuit May Be Bad For Dapper—Could It Be Good for NFTs?
A federal judge’s ruling has offered a first glimpse at how the U.S. government might seek to regulate NFTs. And it may not be all bad, legal...
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Winning Key on Yuga Labs Dookey Dash Gets $1.1M Bid on OpenSea
The holder of the winning Dookey Dash key, 18-year-old Fortnite streamer Mongraal, is currently trying to sell it for $3.5 million.
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Bitcoin Dips After Key Inflation Indicator Rattles Market
The entire crypto market is in the red today as investors shift risk once again.
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'The Wallet Is The New Cookie': Salesforce Web3 Lead
Salesforce believes Web3 will connect it with a new generation of customers.
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Block’s Cash App Bitcoin Revenue Drops 25% Year-Over-Year
Block's Cash App business Bitcoin revenue amounted to $35 million last quarter, a 25% drop compared to the same period in 2021.
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Australia’s Finance Regulator Opens Targeted Review Into Binance
Crypto exchange Binance closed 500 user positions yesterday after noting an error in how customers were classified.
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Never-Before-Seen 'Snow Crash' Manuscript Heads to Auction
Sotheby's will take bids on the rare copy of the novel that first coined the term “metaverse,” expecting to draw bids up to $60,000.
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Dapper Labs CEO Confirms Another Round of Layoffs
The move comes less than four months after the company cut 22% of its staff.
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Colombia Just Held a Court Hearing in the Metaverse—Cartoon Avatars and All
At least one country has found Zuckerberg’s tech useful.
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Fed Increases Focus on Crypto, Alerts Banks to Liquidity Risk
Unrelenting interest in cryptocurrency prompts a new warning from the Federal Reserve and other agencies.
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Coinbase Drops Free Ethereum NFT via Zora to Mark Base Network Launch
The free NFT has become Ethereum's biggest gas guzzler with 24,000+ editions minted, and flippers are already finding eager buyers.
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Optimism Pumps 16% Amid Coinbase Layer-2 Launch
Upon launching its own layer-2 solution, Coinbase said it would contribute to open-source development on the Optimism stack too.