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Coatue leads a $69,420,000 funding round – TechCrunch

Many crypto detractors contend that the web3 space is buoyed by meme money, so Coatue leading a $69,420,000 Series B in a blockchain startup shouldn’t leave them too surprised. The investment — made in crypto analytics platform Dune Analytics — brings the startup’s valuation to $1 billion. The crowd-sourced data platform has grown to become […]
Dune Analytics Dragonfly Capital Binance Smart Chain Dune Wizards

NFT Wash Traders Exploiting LooksRare Marketplace, Churning Billions of Dollars in Profits: Reports

LooksRare launched as a rival to OpenSea NFT marketplace earlier this month. Within days, its daily sales volume exceeded that of OpenSea, stirring suspicions of wash trading. Analytics firms like Dune Analytics and CryptoSlam have observed that despite a small number of daily transactions and users, LooksRare is generating billions of dollars.
Dune Analytics Looksrare Nft Marketplace Wash Trading Opensea Non Fungible Tokens
Source: ndtv.com

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