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Esports giant Team Liquid plans to launch a fan rewards platform on the Sui blockchain

SAND
February 22
Esports organization Team Liquid announced on Wednesday a multi-year collaboration with public chain Sui developer Mysten Labs to create a new fan loyalty platform and NFT collectibles experience. The long-standing esports team with esports teams in games such as League of Legends, Dota 2 and Counter-Strike plans to relaunch its existing fan loyalty program to provide fans who support the organization Bonus points.

Ripple CEO: The company “welcomes” ETFs based on XRP, and ETFs based on different tokens can diversify risks for investors

SAND
February 22
Ripple CEO Brad Garlinghouse said in an interview with Bloomberg that the company would “welcome” an exchange-traded fund (ETF) based on XRP. On February 20, Garlinghouse shared the company’s stance on a potential XRP ETF. The CEO stressed that they would "definitely welcome it". The emergence of multiple ETFs around different tokens is inevitable, and it is expected that the field will see the emergence of ETFs around a combination of multiple tokens, which will "diversify risks" for investors.

Arbitrum: 10% of profits from the Bitcoin staking L2 network Social Network sorter will be distributed to Arbitrum related parties

SAND
February 21
Arbitrum’s official tweet announced that the Bitcoin pledge Layer 2 network Social Network will be settled on Ethereum, and 8% of its sorter profits will be allocated to ArbitrumDAO, and 2% will be used to reward the Arbitrum Developers Association.

Polygon Labs launches Polygon ID version 6, enabling dynamic credentials for the first time

SAND
February 21
Polygon Labs has announced version 6 of its digital identity solution Polygon ID. The highlight of this release is the first implementation of dynamic credentials, a W3C specification that allows users to automatically refresh expired credentials from their wallet. The implementation of dynamic credentials includes the integration of new services on the issuer node, and the implementation of the refresh protocol on mobile and js-sdk.

The Storj team deposited 2.5 million STORJ to Binance 4 hours ago

SAND
February 20
Spot On Chain monitoring shows that the Storj team deposited 2.5 million STORJ (worth approximately US$1.88 million) into Binance about 4 hours ago. The Storj team has deposited a total of 33.4 million STORJ to Binance since November 9, 2023, when the average price was around $0.806, which typically occurs before price drops. Currently, the price of STORJ has increased by approximately 14% in the past 24 hours.

Scroll GitHub repository suffered over the weekend after airdrop farmers sent massive spam comments

SAND
February 20
The Scroll GitHub repository received over 1,000 comments over the weekend, with the majority coming from Optimistic’s airdrop hunters, which may be a result of recent Celestia, Starknet airdrops rewarding code contributors. A Scroll researcher named Pseudo said: "Please do not submit GitHub issues just for the purpose of liquidity mining. The Scroll core team is already thin enough. Please don't make our lives more difficult." Pseudo said: " Airdrop hunters are also part of the crypto community, but it’s important that people contribute based on their own strengths rather than following trends.”

JP Morgan: U.S. regulators do have some control over stablecoin Tether

SAND
February 19
Although Tether is not located in the United States, U.S. regulators have some control over its overseas use through the Office of Foreign Assets Control (OFAC). A report from JPMorgan Chase & Co. noted that Tether’s dominance as the largest stablecoin faces challenges due to U.S. market dependence and upcoming regulations. Future stablecoin regulation may put indirect pressure on Tether, making it less attractive relative to stablecoins that are more transparent and more compliant with new regulatory KYC/AML standards.

LooksRare: A portion of the tokens of the game project Yolo will be distributed to LOOKS stakers

SAND
February 19
NFT market LooksRare said on the Additional details will be released later.

A giant whale deposited more than 110,000 LPT into a centralized exchange an hour ago

SAND
February 18
A major crypto trader realized a profit of $1.56 million (+249%) after holding $LPT for 6 months. Notably, the big trader (address 0xba8) withdrew 114,637 $LPT from Coinbase from April to August 2023 at a price of approximately $5.46, and spent all $LPT an hour ago at a price of $19.03 LPT is deposited into the centralized exchange (CEX). In the past 24 hours, $LPT price has increased by 37.90%.