Bitcoin24h $112,288.71-7.71%

Ethereum24h $3,837.43-11.73%

BNB24h $1,130.27-11.13%

XRP24h $2.47-12.44%

Solana24h $183.99-16.88%

TRON24h $0.3189-4.88%

Dogecoin24h $0.1932-22.96%

Cardano24h $0.6643-18.75%

Hyperliquid24h $39.82-10.59%

Chainlink24h $18.00-19.77%

FriendTech now a ghost town as revenues fall 99.9%

During the first month of Coinbase’s Base on mainnet, FriendTech was its most popular app. Today, its fees are down from $1M per day to $60.

The rise and fall of Friend.tech

Friend.tech relinquished keys to ever upgrade their smart contracts on Base, raising questions about a once-$235 million dollar project.

BitClout founder Nader Al-Naji has been charged with wire fraud and operating an unregistered securities offering.

The most popular use for Base, Friend.tech, bears eerily similar features to BitClout, the failed social crypto experiment that’s down 95%.

Mario Nawfal is one of the most popular Twitter Spaces hosts yet he allegedly operates and promotes dubious crypto schemes.