OpenSea Rocked By Employee Controversy 👀

The world’s biggest NFT marketplace has a scandal on its hands. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $2.19T (+1.81%) 24 Hour Volume $106.57B (+2.39%) Notable Movers[(AVAX) $59.76]( (+14.18%) Notable Movers (DeFi)[(SUSHI) $15,55]( (+21.03%) Bitcoin Dominance 41.26%[(-0.48%)]( Bitcoin Price[(BTC) $47,725.26 (+0.05%)]( Ethereum Price[(ETH) $3,559.13 (+5.08%)]( Cardano[(ADA) $2,46 (+1.19%)]( A Poo for Your Thoughts Silly names for coins are still all the rage. Every day, there’s another dog-token, fruit-token, baby-token, dessert-token, Elon-Musk-token...you get it. You can name your token anything. Literally anything. So today, hopefully without giving this particular token too much visibility, it’s time to talk about PooCoin — and what it means for the future of the crypto space. It was inevitable that a PooCoin would pop up. What wasn’t inevitable is how popular it is on CoinMarketCap this week — and that there is an (unrelated? who knows) currently less popular Baby Poocoin also up over the past twenty-four hours on our site. I don’t know what these coins do, and I don’t really care what these coins do. What I do know is that a toilet humor cryptocurrency is being saved on over 50,000 CoinMarketCap watchlists over today — and presumably, that’s because people are making money off of it. And today, I want to look at the positive aspect of this Poo-phenomenon, and look away from the potentially scammy aspects of all of these meme-coins for just a minute (today is a time for positive thoughts!) — isn’t it kind of cool that cryptocurrency is developing all of these new ways for people to experiment with finance? Ignoring PooCoin, it’s incredible to participate in an industry where almost any person, anywhere in the world, can turn their ideas about financial inclusion and new financial instruments into a reality...just like that. And yes, in this case, it was PooCoin, but other cases have been Ethereum (DApps! There didn’t use to be DApps and NFTs before Ethereum existed), DogeCoin (creating a loyal community on social mediathat provides endless amusement), and, of course, Bitcoin (the original blockchain, duh), among many, many others. In a world of PooCoins, there are these real financial innovations (DeFi, for instance) that pop up in crypto because the space can be so inclusive and willing to take a chance on any coin, project or protocol if enough people believe in it. Please don’t take this as a message to run out and buy (or not buy) PooCoin — I already admitted that I don’t know what it is. Take this as a message to explore the over 11,000 coins listed on CoinMarketCap in search of that hidden treasure that could truly be the next. big. thing. SPONSORED AD The Most Popular Way to Trade Crypto Low fees, 80+ trading pairs. Trusted by millions of users across 200 countries. Trade with the fastest matching engine in crypto. [Trade Crypto]( Low fees, 80+ trading pairs. Trusted by millions of users across 200 countries. Trade with the fastest matching engine in crypto. [Trade Crypto]( Today’s Top Stories 🌟 Check out [CoinMarketCap Alexandria]( for tech deep dives, analysis, daily news and easy-to-understand guides on how crypto works! [Today’s Top Stories ]( OpenSea Rocked By Scandal 🚨 The world’s biggest NFT marketplace has confirmed that one of its employees used insider knowledge to buy collectibles before they appeared on the homepage. OpenSea has described the incident as "incredibly disappointing," and says a thorough investigation is going to take place. Employees have now been given a set of rules they must follow. [The latest.]( Bitcoin ATM Set on Fire in El Salvador 🔥 El Salvador’s Independence Day has been overshadowed by fresh protests against Bitcoin. A Chivo ATM was set on fire in the country’s capital — and windows were smashed. Yesterday marked the 200th anniversary of the country’s creation. The demonstrations suggest that critics of El Salvador embracing BTC as legal tender aren’t going down without a fight. [Read more.]( Vitalik Buterin Among Time’s Most Influential 🤩 Ethereum co-founder Vitalik Buterin has been named as one of Time magazine’s 100 most influential people of 2021. In a glowing write-up, Reddit creator Alexis Ohanian described Buterin as a builder’s builder. He added that, without the 27-year-old, the internet wouldn’t be the place that it is today — and DeFi protocols and NFTs might not exist. [Our story.]( Coinbase Wants to Offer Crypto Futures 👀 Keen to diversify revenue streams, Coinbase has taken the first steps to becoming a registered futures commission merchant. It seems the company wants to move beyond spot trading by allowing people to bet on the future price of assets such as Bitcoin. On Twitter, the exchange says its ultimate goal is to "further grow the cryptoeconomy." [Read more.]( Thanks for reading! Have a great day — more news tomorrow! 👋 [Read More]( We Aren’t Just Daily News. Take A Look At Some Of Our Other Products: Watchlist Airdrop Event Create a "[Watchlist]( to win up to 1,000 USDT airdrops! [Create Watchlist Now]( Watchlist Airdrop Event Create a "[Watchlist]( to win up to 1,000 USDT airdrops! [Create Watchlist Now]( [Go to CoinMarketCap]( [App Store]( [Google Play]( [Facebook]( [Twitter]( [Instagram]( [Telegram]( © 2021 CoinMarketCap [Update Settings]( | [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States