Crypto News

OpenSea announces support for the layer-2 Polygon blockchain on Seaport
OpenSea, a dominant player in the NFT market, has announced support for the layer-2 Polygon blockchain on its brand-new Web 3 protocol Seaport. A greater range of features is included with the integration, including the capability for users to make payments using MATIC from Polygon.

2.37B XRP On Move: Ripple Locks 900M XRP in Escrow, Ripple OTC Wallet Sent 300M XRP, 1.17B XRP Shuffled By Whales
Less than 24 hours after unlocking 1 billion XRP, Ripple has locked back a whopping 900 million units of the crypto asset. Leading cryptocurrency whale tracking service Whale Stats reported the development on Twitter.

a16z set to launch a free licensing system for NFTs called ‘Can’t be evil’
A set of free, public “Can’t Be Evil” licenses will soon be made available by the crypto division of Silicon Valley’s Andreessen Horowitz (a16z). Based on the work of Creative Commons, the company created licenses, particularly for non-fungible tokens (NFTs).

Celsius Aims to Return Around $50 Million of Customer Funds
Celsius, a cryptocurrency lending platform that filed for bankruptcy in July, has filed a motion to allow some of its customers to withdraw their funds.

CZ hits back at claims Binance is a Chinese company
Binance CEO Changpeng “CZ” Zhao has hit back at critics and conspiracy theorists who claim Binance to be a Chinese-based “criminal entity” that “secretly [belongs] in the pocket of the Chinese government.”

Bitcoin Price Falls Below $20K, While Ethereum Holds $1,500 Levels Due To Upcoming Network Merge
After trading in a range for most of the week, Bitcoin fell below the $20k mark today while Ethereum held onto support at $1,500. Since September is typically a sluggish month historically, BTCUSD is having a tough week; it has fallen over 8% in the last day. In the run-up to the merger, Ethereum is also displaying symptoms of weakness, following Bitcoin’s lead; it is down 9% this week but is still trading around $1,500.