Altcoin News Official TheBitTimes.com

OpenSea has finally set a date for its long-awaited SEA token launch. The NFT marketplace confirmed on October 17 that the token generation event (TGE) is scheduled for Q1 2026. Co-founder and CEO Devin Finzer shared key details about the SEA token’s distribution and tokenomics on X, noting that 50% of the supply is allocated to the community. Over half of that allocation will be delivered via the initial claim, prioritizing long-time users and rewards program participants. Additionally, the co-founder revealed that 50% of launch revenue will go towards buying SEA tokens. Functioning as a “deeply integrated” platform token, SEA’s primary utilities include staking and community rewards. Finzer highlighted, “$SEA isn’t the destination, but it’s a crucial moment everyone will be watching.” OpenSea rebuilt as an all-in-one trading platform Notably, during the 2022 cryptocurrency winter, NFT sales suffered a significant decline. OpenSea, the largest marketpla...

Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia. Futu seeks a crypto exchange license for PantherTrade amid Hong Kong’s crypto hurdles. Futu Securities International, Hong Kong’s largest online broker , has introduced retail cryptocurrency trading in the city, marking a significant advancement in its financial services. The broker age firm, known for its extensive reach and innovative offerings, now allows residents to trade Bitcoin and Ethereum on its platform. This initiative comes after a partnership with HashKey Exchange, one of only two licensed cryptocurrency exchanges in Hong Kong. Bonuses and waived crypto trading fees The launch comes with enticing bonuses. New account holders who deposit HK$10,000 (approximately $1,280) for 60 days can receive either HK$600 worth of Bitcoin, a HK$400 supermarket voucher, or a share of Al...

Shiba Inu (SHIB) is one of the most successful cryptocurrency projects of the last four years. Launched in August 2020, SHIB’s price skyrocketed during the 2021 bull run, rallying by many million percent. SHIB’s stellar performance made the asset somewhat of a “millionaire-maker” as early investors were reaping six to seven-figure profits from the asset. If you had invested $1 every week in SHIB since its launch in August 2020, you would have put in $198 so far. In the last four years, your portfolio’s value would have skyrocketed to nearly $6 million, a rise of 3,006,079% (3 million percent). Source: CryptoDCA Also Read: Shiba Inu: You Could Have Made $2.7 Million By Investing Just $15 If you had instead invited $1 weekly in Shiba Inu (SHIB) till it hit an all-time high of $0.00008616 in October 2021, you would have put in $65. In this scenario, your portfolio’s value would have been $12.3 million, a rise of 19,064,676% (19 million percent). Source:...

ShardLab, a division of Hashed, a leading Web3 venture capital firm, has launch ed a new web app introducing a revolutionary approach to utilizing decentralized identity (DiD) and seamlessly distributing vouchers, as per the latest updates shared with Finbold on July 8. Integrating NFT vouchers with ICONSIAM Following a successful showcase at Southeast Asia Blockchain Week (SEABW) 2024, where ShardLab demonstrated some practical applications of non-fungible tokens (NFTs), the new app highlights additional uses of blockchain in the mainstream.  During the SEABW event, attendees also saw how NFT vouchers powered by blockchain technology streamlined transactions at ICONSIAM, highlighting both the efficiency and security benefits in retail environments. Picks for you Opportunity? Technical indicators point to $64K target for Bitcoin ...

The platform, instead, focuses on reimbursing its customer funds completely. FTX has abandoned its plan to reboot the exchange, failing to meet sufficient capital. FTT tokens fell by 35%, with whales selling the tokens following the platform’s revelation. The bankrupt crypto exchange FTX has abandoned its plans to restart the company, dismissing anticipations of FTX re- launch ing as FTX.com. According to recent reports, FTX declared that the firm is looking forward to liquidation in a bid to completely reimburse the customer funds. Previously, FTX announced its plans to reboot the company as FTX.com, focusing on international customer services. Along with the plan, the company proposed a draft creditor-repayment plan intending to settle its customer claims in cash. In addition, a recent report claimed that FTX, struggling to settle its customer claims, initiated unloading its crypto holdings as a means to fetch funds. Adding more clarity to the matter, i...

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In an exclusive press release shared with crypto.news, Rebase, a digital platform harnessing blockchain, augmented and virtual reality technologies to reshape advertising, is announcing the IRL Cup, an event celebrating the launch of IRL, the platform’s native token .  The IRL Cup aims to engage the web3 community through entertaining and rewarding activities. The event will start on Dec. 24 and will run for three months. Rebase has prioritized user engagement. It has over 45,000 active users and 700,000 miles within the app.  The IRL Cup promotes physical activity and seamlessly integrates real-world movement into the virtual space. Participating users can earn points by performing various activities within the app.  You might also like: Circle launches EURC stablecoin on Solana The event has three leaderbo...

China Mobile Hong Kong, a leading mobile communication brand in Hong Kong, is launch ing its own NFT marketplace , LinkNFT.  It will be Hong Kong’s first telecom-operated NFT marketplace . This launch coincides with the breakthrough of their comprehensive smart living mobile application, MyLink, which has acquired over seven million users. LinkNFT will offer NFT minting services for businesses, facilitating digital asset creation, trade, and circulation through various scenarios such as SocialFi, DeFi, and GameFi. It will use a trio of cross-chain standards – web3 Center cross-chain service protocol, cross-chain adapter, and cross-chain smart contract – for seamless web3 interoperability. Hong Kong residents can easily access their digital assets, including Ethereum-based ones like Opensea, through MyLink’s exclusive digital wallet “LinKey.” You might also like: SEC is taking ‘new look’ at spot Bitcoin ETF applications China Mobile Hong Kong (CMHK...

TON's price risks a carrection in the short term as it nears a confluence of historically strong resistance zones. Toncoin (TON) price reached its highest levels in almost a year as crypto traders assessed a slew of optimistic updates in its market, including the recent launch of "Giveaways" on Telegram. In result, TON is now the tenth-biggest cryptocurrency with a market capitalization of over $9 billion — its highest ever.  Telegram CEO buys $200K of TON On Nov. 6, Telegram announced Giveaways, a feature that enables channel owners to randomly distribute prizes among their followers. A day later, Pavel Durov, the CEO of Telegram, used $200,000 worth of TON tokens to pay for Telegram Premium subscriptions for 10,000 Telegram users. Pavel Durov's announcement of Toncoin giveaways. Source: Du Rove's Channel Notably, Durov used TON as a payment method within the Giveaways feature, at least for this specific case.  TON's price has rallied 19.5% since the Give...

Currently, a 74% increase takes Bitcoin to over $59,000 and that doesn’t factor in “second-order effects,” says Galaxy Digital. Bitcoin’s (BTC) price will increase 74.1% in the first year after spot Bitcoin exchange-traded funds (ETFs) are launch ed in the United States, according to estimates from crypto investment firm Galaxy Digital. In an Oct. 24 blog post, Galaxy Digital research associate Charles Yu estimated the total addressable market size for Bitcoin ETFs would be $14.4 trillion in the first year after launch . He obtained the 74% figure by assessing the potential price impact of fund inflows to Bitcoin ETF products using gold ETFs as a baseline. According to Yu’s estimates, Bitcoin’s price would increase 6.2% in the first month after an ETF launch before steadily trending downward to a 3.7% monthly increase by month 12. Spot Bitcoin ETF estimated one-year inflows by month and Bitcoin price impact. Source: Galaxy Digital Research Yu used Bitcoin price data from Sept. 30, ...

Uniswap launched a beta version of its wallet app for Android, paving the way for a Google Play Store launch once testing is complete. Decentralized crypto exchange Uniswap launched a closed beta Android version of its mobile app on October 12, according to a blog post from the app’s development team. Uniswap has previously only been available on PC and iOS mobile devices. “WEN ANDROID?” How about now? The Uniswap wallet is coming to Android users The beta is LIVE — sign up here to get early access https://t.co/9OHhpSqbez pic.twitter.com/vXsn2NS5Sx — Uniswap Labs (@Uniswap) October 12, 2023 Uniswap is the world’s largest decentralized crypto exchange by cumulative volume, having processed over $1.7 trillion worth of trades since its inception, according to data from DeFi Llama. Most of its trades have been done via a web-based application. However, the team launch ed a mobile app for iOS on April 13. Prior to this date, the team had complained that Apple was holding up the app’s l...

Polygon Labs has announced the impending launch of Polygon 2.0, a network upgrade it describes as a blueprint for building the “value layer of the internet.” According to the group, Polygon 2.0 will bring infinite scalability and unified liquidity to the Ethereum ecosystem, allowing anyone to seamlessly create, exchange, and program value. Polygon launching Polygon 2.0  Polygon, an Ethereum layer-2 scaling solution, has shed light on its upcoming Polygon 2.0 launch . The team says the Polygon 2.0 upgrade aims to radically revamp all aspects of the network, including its tokenomics. Per a blog post by the team, Polygon 2.0  is simply a network of ZK-based layer-2 blockchains connected through an innovative cross-chain coordination protocol.  The team claims Polygon 2.0, will bring infinite scalability and unified liquidity to the Ethereum ecosystem, as the network can support an unlimited number of chains and cross-chain interactions without compromising security...