DeFi Project ParaSwap Launches Airdrop of Native Cryptocurrency to Early Adopters

It pays to be early in crypto. And today is no different. As part of its first-ever token launch, decentralized finance (DeFi) project ParaSwap announced today that it is handing out 150 million of its native PSP tokens to early users.  ParaSwap is a platform that collects different cryptocurrency trading rates from across the DeFi …

Do You ‘Like’ My Portfolio? Coinbase Adds Social Media Buttons

Coinbase announced new social media features on Thursday that will allow users to share images of price charts or their portfolios on platforms like Twitter and Instagram. In a blog post describing the features, Coinbase touted its new one-click sharing tools as an entertaining way to educate others about crypto. “We want to help self-empower …

New DAO Forms to Buy Copy of US Constitution at Sotheby’s Auction

ConstitutionDAO, a new decentralized autonomous organization dedicated to preserving the U.S. Constitution, is planning to pool capital using an Ethereum smart contract to purchase a first-edition printed copy of the historic document. Sotheby’s is set to auction the copy on November 18 at 6:30pm EST. The copy up for auction is valued at $15 million …

This Week on Crypto Twitter: Discord Backs Out of Crypto while Twitter Wades In

Illustration by Mitchell Preffer for Decrypt This week on crypto Twitter: Jimmy Fallon joined the Bored Ape Yacht Club NFT craze, Discord CEO Jason Citron hinted that the messaging platform will integrate with crypto, then backtracked a few days later, AMC CEO Adam Aron flaunted the success of AMC’s new crypto payments options, and many …

Trading Volume on OpenSea Doubles as Bored Ape Yacht Club Sales Spike 900%

Yesterday, the amount of Ethereum traded daily on NFT marketplace OpenSea jumped from around $48 million to $105 million, according to Dune Analytics.  The last time that the daily volume of Ethereum on OpenSea hit $100 million was on October 15. Back then, it was more of a regular occurrence. Things cooled off for a …

New England Patriots Sign With Ethereum Fan Token Platform Socios

Socios, the biggest player in the multi-billion-dollar crypto fan token market, has just aligned with one of the NFL’s biggest teams. Today, Socios announced a marketing deal with Kraft Sports + Entertainment, owners of the National Football League’s New England Patriots and Major League Soccer’s New England Revolution, to bring both clubs onto its platform. …

Cosmos, Solana Ventures Join $725M Series B for Crypto Gaming Platform Forte

  Crypto gaming startup Forte today announced it has taken in $725 million in Series B financing, adding to its haul of $185 million from a Series A round this May. Sea Capital and Kora Management led the funding round, with recognizable players such as Andreessen Horowitz, Animoca Brands, and Warner Music Group also participating. …