Crypto News

OpenSea: Everything You Need to Know About the Token Airdrop Speculation

Will NFT marketplace OpenSea finally launch a token? Amid changing regulatory tides and the formation of a foundation, chatter is picking up.Source link

WBTC Episode ‘Reopened Old Wounds’ of Centralized Failures: Bitcoin Builders Association

Earlier this year, some users of wrapped bitcoin wBTC were dismayed to find its issuer BitGo was sharing custody of their bitcoin (BTC) with BiT Global, a Hong Kong-based crypto custodian partly owned by TRON founder Justin Sun.The episode "reopened old wounds inflicted by previous centralized custody failure," even though it did not expose any novel flaws, the Bitcoin Builders Association (BBA) said in a report on Wednesday."These wounds cause BTC holders to be unwilling to trade off their self-custody for trusted solutions," the report said.The BBA noted that there's been signs of growing distrust toward centralized entities. WBTC's supply has dwindled to 0.74% of the total bitcoin circulating supply from 1.5% over two years ago.The collapse of numerous crypto...

‘All Gas No Brakes’: Fartcoin Keeps Rising as Dogecoin Sinks to Weekly Low

Fartcoin continued its explosive ascent Wednesday, reaching a new all-time high price while Dogecoin and other meme coins slump.Source link

CoinDesk 20 Performance Update: LTC Falls 7.6%, As Nearly All Assets Trade Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3834.16, down 2.9% (-116.36) since 4 pm ET.One of 20 assets is trading higher.Leaders: HBAR (+0.8%) and BTC (-1.6%).Laggards: LTC (-7.6%) and FIL (-6.2%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Bitcoin Restaking Comes to Sui with SatLayer Integration

SatLayer’s integration with Sui is aimed at providing developers with a new way of leveraging Bitcoin to secure decentralized applications.Source link