Coinpedia News || Crypto and Fintech News
1.76K subscribers
9.21K photos
110 videos
1 file
10.6K links
Download Telegram
In January, the #NFT marketplace OpenSea has seen its trading volume reach an all-time high of $5 billion USD between #Ethereum and #Polygon marketplace. This was higher than the previous monthly peak of $3.4 billion set in August 2021.



As per public #blockchain data given by Dune Analytics, the trade volume was $4.95 billion for Ethereum and over $79 million for Polygon.



January 31, #OpenSea had its highest day, with $233 million USD in NFT trading.
Elon Musk buys BAYC #1837 for 569 ETH via MoonPay

According to #OpenSea data, Bored Ape Yacht Club #1837 was recently sold for 569 ETH (about US$1.49 million).

Shortly after, its seller and well-known crypto collector, deepak.eth, tweeted that #BAYC #1837 was actually purchased by Elon Musk through MoonPay's #NFT service.
Crypto Billionaires Who Lost Most in 2022

2022 has been the year everything crashed for the crypto industry. The loss resulted from the bankruptcies of several crypto companies and the bear market.

The latest Forbes report shows that even the richest in the sector were significantly affected as the top crypto billionaires lost $100 billion of their net worth.



#Crypto #Billionaire #Rich #FTX #DCG #Gemeni #OpenSea #NFT
Top #CryptoNews of This Week

1️⃣ Telegram’s
#PavelDurov was detained in France for drug trafficking and fraud.

2️⃣ Inner Mongolia police detained Feixiaohao’s key team members for fraudulent exchanges.

3️⃣ China’s Supreme Court listed virtual currency cases as a key research topic for 2024.

4️⃣ Donald Trump promoted his
#DeFi project, World Liberty, to make America a crypto hub.

5️⃣ CICC forecasted the Fed might cut rates 4–5 times based on economic conditions.

6️⃣ Japan PM Kishida highlighted
#Web3 and #blockchain as solutions to societal issues at WebX.

7️⃣ Russia began a
#cryptocurrency payment and trading pilot with the National Payment Card System.

8️⃣ The SEC issued a Wells notice to
#OpenSea, possibly classifying NFTs as securities.

9️⃣ Maker Protocol rebranded as Sky, introducing new tokens USDS and SKY.

🔟 Founder of Yearn Finance
Andre Cronje argued that #DeFi is essential for a decentralized society and traditional industry integration.