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The Blur (BLUR) token price gained bullish momentum for the first time in over four months as the marketplace saw a notable surge in non-fungible token (NFT) sales . Blur is up by 30% in the past 24 hours and is trading at $0.39 at the time of writing, reaching a four-month high. The asset’s market cap is currently at $414 million, last seen in late July. BLUR’s 24-hour trading volume also skyrocketed by 400%, surpassing the $460 million mark. BLUR price, whale activity, social volume, and open interest – Nov. 7 | Source: Santiment According to data provided by the market intelligence platform Santiment, whale transactions consisting of at least $100,000 worth of BLUR surged by 248% over the past day — rising from only 19 transactions to 66 in 24 hours. You might also like: Bank of England releases stablecoin regulation plan Moreover, data provided by Santiment shows that Blur’s social volume witnessed an 80% surge.  It’s important to note that, per Santi...

The newly created fake APT token called “ClaimAPTGift.com” made its way to 400,000 Aptos wallets, and users found they were able to deposit and sell it on the exchange. South Korea cryptocurrency exchange Upbit has resumed Aptos (APT) deposits and withdrawals again after fixing an issue that saw a scam APT token incorrectly recognized as the real deal. On Sept. 24, Upbit abruptly halted Aptos token services after noting an “abnormal deposit attempt,” prompting an inspection of the wallet system. The problem appears to have originated from a newly created fake APT token called “ClaimAPTGift.com” which had made its way to 400,000 Aptos wallets after its creation on Sept. 21. The fake token was likely part of a typical token airdrop scam, in which users are airdropped tokens that contain links pointing unsuspecting users to phishing websites. However, a reported failure by Upbit to properly verify the source code of the scam tokens led to the exchange recognizing the fake tokens as re...

Stader Labs has introduced a new Liquid Re staked Token (rsETH) on testnet that allows users to stake the same ETH on multiple networks simultaneously. The recently launched rsETH token builds on EigenLayer’s restaking protocol and is designed to boost staking rewards by leveraging liquid staking tokens like Lido’s stETH and Coinbase Wrapped Staked ETH (cbETH). Restaking enables users to earn staking rewards on ETH while retaining liquidity. During a recent interview with The Block, Stader Labs co-founder Dheeraj Borra explained the benefit of such a system. rsETH is more than just a token; it is an entry point to more rewards and opportunities in the crypto landscape, allowing users to aggregate rewards from various different sources to maximize their holdings Stader Labs co-founder Dheeraj Borra You might also like: How Does Ethereum Staking Work? A Beginner’s Guide The rsETH token works by letting users deposit liquid staked ETH token s and mint rsETH repre...

OKX has announced a new feature that allows users to lock their bitcoin or BRC-20 tokens in return for BRC20-S tokens . This feature offers an additional service for users hoping to enhance their experience within the ecosystem. Do more with #Bitcoin Stake BRC-20 tokens and earn yield right from the #OKXWallet Available on desktop, coming soon to the OKX app. — OKX (@okx) July 19, 2023 By locking up their bitcoin or BRC-20 tokens , users receive BRC20-S tokens as rewards. The BRC20-S standard extends the prevalent bitcoin token standard, representing OKX’s approach in the digital currency sphere. You might also like: OKX’s monthly reserves report shows over $11.3b in crypto holdings Moreover, DeFi developers and projects have the opportunity to harness the BRC20-S protocol. They can establish staking pools and distribute BRC20-S tokens to the holders of bitcoin and BRC-20 tokens. OKX has also announced plans to unveil a marketplace dedicated to BRC20-...

This decision has implications for users who utilize bridged tokens on networks such as BNB Smart Chain, Fantom, Ethereum and Avalanche blockchains. Binance cryptocurrency exchange has announced it is ceasing its support of deposit and withdrawal services for a range of Multichain-bridged tokens, effective from July 7, 2023.  Binance has officially stated in its blog that the tokens impacted by the decision are Polkastarter (POLS) via BNB Smart Chain, Alchemy Pay (ACH) via BNB Smart Chain, Beefy.Finance (BIFI) via Fantom Network, SuperVerse (SUPER) via BNB Smart Chain, Travala (AVA) via Ethereum Network, Spell Token (SPELL) via Avalanche C-Chain, Alpaca Finance (ALPACA) via Fantom Network and Harvest Finance (FARM) via BNB Smart Chain. This news comes after deposits for various Multichain-bridged tokens were earlier suspended on May 25, 2023, following days of stalled transactions that sparked uncertainty surrounding the Multichain protocol. This decision to now cease support has impl...

The MULTI protocol's TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price. On May 24, the token price of cross-chain router protocol Multichain (MULTI) fell by 30% over 24 hours to trade at $4.97 at the time of publication.  The selloff came after users reported that their multi-chain funds had not arrived due to a backend node upgrade "taking longer than expected." An admin in the Multichain Discord channel wrote: "Most routes are working as usual, as some routes (Kava, zkSync, Polygon zkEVM) are temporarily suspended. All affected transactions will arrive after the upgrade is complete. We sincerely apologize for the inconvenience caused." At the same time, a wallet address linked to layer-1 blockchain developer Fantom Foundation reportedly removed 449,740 MULTI ($2.4 million) from liquidity on decentralized exchange SushiSwap. Rumors also appear to have fueled the selloff. In a tweet viewed over 300,000 times since publ...