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UK Web3 Firm Pimlico Secures $4.2M Seed Investment Led by a16z Crypto


a16z. Source : Twitter/CRYPTOPURITY.COM Pimlico, a UK-based Web3 company, has successfully closed a seed investment round worth $4.2 million, led by the major venture firm Andreessen Horowitz’s crypto arm a16z Crypto. The new funding round comes after a recent pre-seed round, and marks a “crucial...

End of Line for BSV on Coinbase, Exchange to Delist Crypto in January 2024


Coinbase has announced it will be removing bitcoinsv (BSV) from its platform, having informed its clientele through an email notification. BSV, which was created following a hard fork from the Bitcoin Cash protocol on November 15, 2018, will no longer be hosted on Coinbase’s services after...

NFT Sales Spike to $129M in November, with Blur Leading the Charge: Nansen


Digital collectible sales are skyrocketing after months of a downtrend. According to blockchain analytics firm Nansen AI, the non-fungible token (NFT) ecosystem has seen a remarkable increase in sales volume in the past five weeks. Nansen shared a chart on X (formerly Twitter) showing NFTs sales...

Bitcoin’s Price Surge Fails to Entice Former Day Traders


The price of Bitcoin has rallied in recent weeks, more than doubling from its November 2022 lows after the UK collapse of the cryptocurrency exchange FTX. Former day traders who previously made big profits from Bitcoin’s volatile swings say they have no plans to return, however, even...

Uniswap V3 User’s Costly Liquidity Pool Error: $700,000 Lost to MEV Bot


A trader using the decentralized exchange (DEX) Uniswap V3 lost over $700,000 after he entered wrong values while creating a new liquidity pool. According to an X post from on-chain analytics firm Arkham, the user added a total of $1.5 million of liquidity in the WBTC-CRV pool he created on Uniswap...

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