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Crypto Morning Briefing: Coinbase’s In-House Blockchain Launch Followed By Impersonation Tokens

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Top Stories

Coinbase’s In-House Blockchain Launch Followed By Impersonation Tokens

Coinbase launched its own Layer-2 blockchain yesterday, built in collaboration with Optimism in its OP stack. The new Layer-2 blockchain, named Base, will host many of Coinbase’s on-chain products and offer EVMs at low costs to developers.

Bankman-Fried Asks Court for More Time To Negotiate Bail

Sam Bankman-Fried wants more time to negotiate his bail terms.

Winning Key on Yuga Labs Dookey Dash Gets $1.1M Bid on OpenSea

A group of NFT enthusiasts are trying to buy the winning key from Yuga Labs’ endless runner game Dookey Dash and have placed an eye-watering $1.1 million bid on the asset.

XTZ Gains 16% As Tezos Foundation Announces Partnership With Google Cloud

The crypto market has held a rather stable position in the last week, with many assets showing no significant price changes. In the midst of this quietness, a few assets like Tezos(XTZ) have been able to generate some excitement, recording positive price gains for many investors.

Over 76K Addresses Now Hold Shiba Inu’s BONE as Price Nears $2

Bone ShibaSwap, one of the Shiba Inu ecosystem coins, hits new milestones as more than 76,000 addresses now hold BONE.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $23,147.80 USD, dropped by 3.35% in the last 24 hours;

ETH’s live price is $1,604.13 USD, dropped by 2.86% in the last 24 hours;

BNB’s live price is $301.80 USD, dropped by 2.46% in the last 24 hours;

XRP's live price is $0.37 USD, dropped by 3.61% in the last 24 hours.

Fundraising News

Token Offering of Asset Management Platform Factor Raises Roughly $7.6M

Factor, an on-chain asset management platform based on Arbitrum, raised roughly $7.6 million from over 4,000 unique wallets in its token offering that started Feb. 20 and ended Friday.

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