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Dev

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Elon Musk’s Interest in CrypToadz: Implications for the NFT World

  • Elon Musk's interest in CrypToadz and the NFT market is explored in this article, focusing on implications for technology, sustainability, innovation, and regulations.
  • The NFT landscape has attracted major influencers like Musk, with his engagement with CrypToadz raising questions about the future of NFTs and blockchain-based collectibles.
  • CrypToadz, with its unique toad-inspired characters, embodies a decentralized ethos that aligns with Musk's disruptive approach in technology and finance.
  • Key features of CrypToadz include artistic expression, limited collection, community engagement, and integration with emerging technologies like VR and AR.
  • Musk's interest in CrypToadz could enhance market activity, drive sustainable practices, promote cross-sector integration, and encourage open-source funding and collaboration.
  • Challenges in the NFT market include volatility, regulatory uncertainty, technical limitations, and environmental impact, which require responsible solutions and innovations.
  • The future outlook includes technological integrations, evolving use cases, institutional adoption, and community-driven innovations for NFT projects.
  • Musk's involvement signifies a transformative moment for the NFT world, blending art, technology, and celebrity influence to reshape markets and inspire innovation.
  • The evolution of NFTs looks promising with potential applications in gaming, VR/AR, open-source collaborations, and broader institutional adoption.
  • Stakeholders in the NFT ecosystem must navigate challenges while embracing innovation and sustainability to leverage the opportunities presented by digital collectibles.

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Global Fintech Series

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ExoraPad Raises Over 60,000 XRP In Token Presale, Could This Be Ripple’s Next 100X Gem?

  • ExoraPad, an AI-powered launchpad for the XRP Ledger, has raised over 60,000 XRP in its presale.
  • ExoraPad's unique features include AI-powered project vetting and a fair pricing presale model.
  • Early adopters can participate in ExoraPad's presale by obtaining XRP and following the instructions on the official presale portal.
  • ExoraPad's ambitious roadmap and strong whale participation position it as a potential standout within the XRP Ledger.

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TheNewsCrypto

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Binance Enhances BNB & Launchpool Experience with Revamped Pages

  • Binance has enhanced the BNB & Launchpool experience with revamped pages.
  • The updates include a redesigned Binance Launchpool page, making it easier for users to participate in token offerings based on airdrops.
  • The BNB page has been redesigned to provide comprehensive information on BNB's utility, including VIP privileges and trading fee discounts.
  • Binance's dominance in token distribution is reinforced with the launch of these enhancements, as it led the industry in airdrops and staking incentives.

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Bitcoinist

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Dogecoin Weekly Chart Points To Bullish Breakout To $2 From Multi-Year Descending Triangle

  • Dogecoin is showing a bullish signal, bouncing off the lower trendline of a multi-year descending triangle.
  • Technical analysis suggests that Dogecoin could surpass its 2021 all-time high and reach $2.
  • A potential pullback to $0.4 is possible before resuming an upward climb towards $1.
  • Current short-term performance and the ability to hold above $0.17 will be crucial for a bullish outlook.

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TronWeekly

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CZ Donates $600K in BNB for Myanmar & Thailand Earthquake Relief

  • CZ donated 1,000 BNB, valued at approximately $600,000, to aid earthquake victims in Myanmar and Thailand as part of Binance Charity’s relief initiative.
  • Binance Charity is distributing up to $1.5 million in BNB to affected users through blockchain technology, using KYC verification to ensure fair distribution.
  • CZ has a history of philanthropic contributions, including aid to victims of crypto scams and financial losses in the Web3 space.
  • Verified Binance users in Myanmar will receive $5 worth of BNB, while those in the most impacted areas will receive $50 each.

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TheNewsCrypto

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Binance Conducts StakeStone TGE, STO Price Valued at $0.02

  • Binance conducted the StakeStone token generation event today.
  • The STO token’s initial price is valued at $0.02.
  • Binance announced the StakeStone project’s token generation event with TGE timings of 8:00 am - 8:30 am UTC on April 3, 2025.
  • BingX also announced StakeStone TGE, providing strong foundation to the project.

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Cryptopotato

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TreasureNFT Users Cry Scam as Platform Freezes Withdrawals

  • TreasureNFT, a web3 revenue platform, is facing accusations of scamming users.
  • Users reported frozen accounts and unprocessed withdrawal requests.
  • The platform's business model and withdrawal delays raised red flags, resembling a Ponzi scheme.
  • The TreasureNFT website is still active, but the official Telegram channel has been flagged as a scam.

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Tokenhell

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PayPal Includes Native Chainlink and Solana Support for US Users

  • PayPal users in the US can now buy, sell, hold, and trade Chainlink (LINK) and Solana (SOL) directly on the platform.
  • Previously, users had to use MoonPay to purchase SOL or LINK using PayPal.
  • Solana's price fell below $120 following Donald Trump's tariff announcement, causing a decline in the cryptocurrency market.
  • Solana-based decentralized exchange platform Jupiter has acquired NFT platform DRiP Haus to expand its offering and become a Super App.

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Minis

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Young Indians still bitten by bug to build future in US, says Nithin Kamath; User responds

  • Zerodha CEO Nithin Kamath, in a tweet, said, "Most Americans I know with money want to invest in India because they believe they are plateauing as a nation and that we are the future. But somehow, young Indians are still bitten by the bug to travel to America to build their future. This is such a dichotomy."
  • In response to this, a user responds, "Americans investing in India for monetary benefits. Indian students escaping India for lifestyle rewards. Two things are not same and there is no dichotomy."

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Minis

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Ex-OpenSea manager convicted in NFT insider trading case

  • Nathaniel Chastain, a former manager at OpenSea, the world's largest NFT marketplace, has been convicted of fraud and money laundering.
  • Chastain used inside knowledge to make personal NFT trades and earned over $50,000 in profit.
  • He had pleaded not guilty to the charges brought against him.

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Minis

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Sotheby's auction house launches marketplace for secondary NFT sales

  • Sotheby's auction house has launched a secondary sales platform, accessible via the Sotheby's Metaverse virtual store, allowing 13 digital artists to sell their artwork directly to their audience without going through the New York institution.
  • The platform will enable artists to sell both existing and yet-to-be-created artworks. Sotheby's will pay out royalties on transactions conducted on the Sotheby's Metaverse platform.
  • The artists approved to sell their digital art on the platform include Tyler Hobbs, Claire Silver and Sarah Zucker. NFT owners are also free to take their NFTs to other exchanges that don’t honor royalties.

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Minis

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These ultra-realistic masks of Elon Musk, Jeff Bezos & Mark Zuckerberg that cost $20,000 a piece

  • Digital artist Mike Winkelmann, aka Beeple, created a surreal vision at the NFT NYC 2023 event using highly detailed silicone masks of various controversial figures.
  • The masks were made by Landon Meier, a Colorado-based artist, who spent a year creating over a dozen masks for Beeple, charging between $7,000 to $20,000 for each one.
  • Meier's labor-intensive process involves researching reference photos, creating designs using the graphic program "ZBrush," and then 3D printing a mold, among other steps.

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Minis

2y

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Man mistakenly destroys NFT worth ₹1 crore, loses 'a third of his net worth'

  • An NFT collector, Brandon Riley, accidentally destroyed a CryptoPunk NFT that he purchased for 77 Ether, worth over ₹1 crore.
  • Riley mistakenly sent his NFT to a burn address while attempting to wrap it for listing on a marketplace.
  • As a result, he lost a third of his net worth in a single transaction and expressed regret over the costly mistake.

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Minis

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WazirX shuts NFT marketplace; here's why

  • WazirX, a cryptocurrency exchange, has closed its NFT marketplace, WazirX NFT, which was launched in June 2021. The company announced the closure, citing a lack of traction.
  • The closure of the WazirX NFT marketplace means that users looking to trade NFTs will have to use other platforms. WazirX is directing users to use the NFT platform OpenSea instead.
  • The closure of the WazirX NFT marketplace highlights the uncertainty surrounding NFT marketplaces.

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Minis

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Mastercard's NFT chief Satvik Sethi resigns, citing abuse & emotional suffering

  • Satvik Sethi, Mastercard's product lead for NFTs, has resigned from the company due to harassment and emotional distress.
  • In his tweets, he highlighted the company's inefficiencies, including issues with poorly managed processes and miscommunications.
  • He also claimed that there were instances when he did not receive pay for several months unless he petitioned across the hierarchy.
  • Sethi served a three-month notice before leaving the company, which he claims was an attempt to prevent him from quitting after informing HR about his problems.

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