Crypto news

Blur appears to have lost its title as the world’s most popular NFT marketplace. OpenSea Pro was rebranded and unveiled to court active traders from Blur. The latter was eating away at OpenSea’s market share since its launch last October. The counteroffensive proved somewhat successful as data suggest that the new “polished” NFT aggregator has surpassed Blur by daily transaction count. Delphi Digital’s analysis indicates that OpenSea Pro has surpassed transactions since...

Off Chain Labs, which developed the Arbitrum ecosystem, has announced plans to airdrop $ARB, the new native token of the Arbitrum blockchain which will govern all future operations and protocols. The currency will be given to select individuals to hold and test out until it’s ready to be released to the general investing population. Off Chain Labs Is Paving the Way for a New Governance Asset Those set to receive early access to the coin will include users of Arbitrum...

Patrick Hilmann, the Chief Strategy Officer (CSO) of leading crypto exchange Binance, alleged that Sam Bankman-Fried (SBF), the founder and former CEO of the now-defunct rival exchange FTX, consistently criticized Binance’s CEO Changpeng Zhao (CZ) before FTX’s collapse, a behavior Hilmann referred to as “shading.” In a recent tweet, the CSO disclosed that SBF was fond of spreading fake rumors about CZ and often called him an “evil Chinese.” SBF Constantly Shaded CZ A great...

The Grayscale Investments Bitcoin Trust has seen its shares jump heavily in price over the last few weeks as its court case against the Securities and Exchange Commission (SEC) appears to move more heavily in its favor. Grayscale Heats Up Its Fight Against the SEC Grayscale is currently at war with the SEC. The latter agency has done all it can over the last six years to penalize crypto companies that don’t move in tandem with its narrative. The goal was initially to...

The GroveToken protocol has a number of innovative products and services that are designed to return maximal value to all of its users.  Every digital currency has its basic fundamentals and one of the emerging projects in the space GroveToken is aiming at making the world greener and more sustainable. The GroveToken is designed to be a different crypto project with respect to its core investments and ecosystem focus. While many blockchain protocols are solely hinged toward the benefit...

Despite its previous success, the stock-to-flow model attracted numerous opponents in the past year, given its failure to predict bitcoin’s price in 2022. Its creator, though, remains a believer and outlined the possible scenarios in play for BTC for the next halving, which is supposed to take place in a year. S2F Places BTC at $60K A lot has been said about the S2F model in the past several years, with most bitcoin maxis supporting it, given its bullish price predictions,...

Hanoi, Vietnam (Apr. 18th, 2023) – Blofin launched a Vietnamese language service to improve the experience for local users. It has collaborated with affiliates, start-ups, and customers to improve cryptocurrency adoption with the Blofin trading system in the Vietnamese market. As part of its commitment, Blofin is dedicated to continually improving their crypto exchange platform based on user feedback. According to the 2022 Global Crypto Adoption Index, Vietnam has...

Bitcoin’s nosedives continued in the past 24 hours, with the cryptocurrency falling to its lowest position in April of $27,000. Most altcoins have suffered even more. Dogecoin keeps plunging hard, while APT and OKB have dumped the most from the mid-cap alts. Bitcoin’s April Low The primary cryptocurrency went on a roll on April 10 when it skyrocketed to and beyond $30,000 for the first time since last June. It went on to chart its highest price point at just over $31,000...

Crypto community influencer and Youtuber Ben “BitBoy” Armstrong has been referred to the Federal Bureau of Investigation (FBI) after refusing to appear for a court hearing surrounding his promotion of FTX.  Armstrong gloated about his decision to skip the Florida court session, posting a picture of himself online on a beach saying he “don’t give af.” BitBoy released his tweet on Thursday at 10 am ET – precisely when the hearing was scheduled to begin. I am supposed to be in...

The US-based cryptocurrency exchange – Gemini – announced plans to establish a new engineering hub in Gurgaon, India. This will be the company’s second Asian location, as previously it opened an office in Singapore. The expansion outside the US coincides with the regulatory uncertainty in the States. The CEO of Coinbase – Brian Armstrong – recently opined that many American crypto firms could relocate if the watchdogs continue their scrutiny over the industry. Setting Eyes on...