TON Token Volume Soars 98% as On-Chain Governance Platform Launches

• The Open Network has released its governance platform, Ton.vote, to the public. • Trading activity of Toncoin (TON) surged 98% after the launch of the platform. • Toncoin holders can now vote on decisions across all projects on the network. The Open Network Launches On-Chain Governance Platform The Open Network has released its governance platform, known as Ton.vote, to the public. This platform was developed in tandem with layer 3 blockchain infrastructure provided by Orbs, ensuring tamper-proof voting across Ton.vote. Toncoin Trading Activity Surges Following Release Following the launch of the governance platform, trading activity for native token Toncoin … Continue reading TON Token Volume Soars 98% as On-Chain Governance Platform Launches

Celsius Seeks Millions From Former Execs – Legal Battle Begins

• Celsius Network and its creditors have launched court action to recover millions of dollars they claim were fraudulently transferred from founder Alex Mashinsky and other former executives. • The 150-page legal document alleges that Mashinsky, co-founder S. Daniel Leon and others mismanaged the crypto lender, inflated the price of CEL tokens for their own benefit and made “negligent, reckless and sometimes self-interested investments” in the run-up to bankruptcy. • The filing requests recovery, costs and punitive damages based on 33 counts, including the transfer of billions to decentralized finance platform KeyFi to engage in speculative investment. Celsius Seeks to … Continue reading Celsius Seeks Millions From Former Execs – Legal Battle Begins

Battle for NFT Market Share Ramps Up: OpenSea vs Blur

• The NFT market is becoming increasingly competitive as different platforms battle for creators and collectors • OpenSea has been the leading platform in the NFT space since its launch in December 2017 and currently dominates with over 34,000 ETH in trading volume • Blur has gained considerable momentum among JPEG slingers since its debut in October and has become the second-largest NFT marketplace by volume NFT Market Competition Heats Up The non-fungible token (NFT) space is becoming increasingly competitive as different marketplaces battle for creators and collectors. OpenSea, which launched in December 2017, continues to dominate the NFT scene, … Continue reading Battle for NFT Market Share Ramps Up: OpenSea vs Blur

Crypto Market Surges in January – APT Token Leads the Rally with 387% Increase

• January’s crypto market rally was broad-based, with Aptos‘ APT token leading the surge with a 387% increase. • Gaming- and metaverse-affiliated tokens such as Gala Games‘ GALA token and Decentraland’s MANA token rose 233% and 149%, respectively. • According to MarketVector Indexes product specialist Martin Leinweber, smaller altcoins tend to have higher beta to bitcoin, leading to higher gains when the market turns bullish. The January surge in crypto markets was broad-based, with a number of tokens leading the rally. Layer 1 blockchain Aptos‘ native token APT was the biggest winner among 160 assets in the CoinDesk Market Index, … Continue reading Crypto Market Surges in January – APT Token Leads the Rally with 387% Increase