Axie infinity is the top earning DeFi dApp. But what is it?
The global crypto market cap is $1.4 trillion with a 24-hour volume of $53.38 billion. The price of Bitcoin is $33,925.83 and the BTC dominance is at 45.2%.
by Ana Grabundzija
A non-custodial game and marketplace, Axie Infinity (AXS), built on Ethereum (ETH) and adjacent blockchains launched back in 2018 and has recorded as much as $22.9 million in protocol revenue in the past 30 days, according to data analytics site Token Terminal.
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No more Dogecoin or memecoin shilling on TikTok after ban on paid crypto promotions
Earlier this week, popular social media platform TikTok has quietly updated its “Branded Content Policy,” prohibiting influencers from participating in paid promotions of financial services and products, including Bitcoin and other cryptocurrencies.
Crypto community spends $1 million to revive Elon Musk-inspired token Floki Inu
Earlier this week, CryptoSlate reported that Floki Inu (FLOKI), a new dog-themed token inspired by Elon Musk, “pulled the rug” from under its users not once but twice in just a few days.
Mass internet outage shows why we need deeper decentralization of web 3.0
Afflicting numerous state and non-state actors, the June 8th outage resulted in costly interruptions to business and drew attention to institutional level faults within present web distribution models.
More than 75% of El Salvador is skeptical of Bitcoin, survey finds
Results of a recent survey, conducted by Disruptiva, a pollster affiliated with Francisco Gavidia University, suggest that more than half of El Salvador’s citizens view the new Bitcoin (BTC) law as “not at all correct,” according to Reuters.
Someone proposed a tool to reorg Ethereum blocks. But its “too dangerous” and “shouldn’t exist”
The Ethereum network faces a potential crisis through plans to increase the power of miners to re-organize the blockchain.
New Dogecoin (DOGE) update has this key ‘merit,’ says Elon Musk
Matt Wallace, a popular proponent of Dogecoin, reminded the Dogecoin community today about an upcoming update that would speed up transactions and make the network even cheaper.
Santander joins Barclays in banning Binance payments
Santander, one of Europe’s largest banking groups, has tweeted it will stop customer payments to Binance.
UK watchdog shifts Bitcoin ads regulation to ‘red alert’ priority
Britain’s marketing regulator Advertising Standards Authority (ASA) has announced that it plans to increase its efforts in curbing irresponsible or misleading cryptocurrency ads, Financial Times reported today.
How India is emerging as a hub of blockchain and DeFi innovation
The fintech community has often viewed innovation and regulation as opposing forces, and cryptocurrency is no different.
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