TL;DR The Web3 gaming market continues to grow, with funding stabilized at $1 billion and a 72% increase in the use of Arbitrum compared to last year. Telegram stands out as a key platform for new releases, representing 21% of Web3 games.

Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.

BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.

BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.

The tokenized money market fund will launch on nearly half a dozen new blockchain networks.

BlackRock is expanding its tokenized fund — BUIDL — to multiple blockchains.

BUIDL currently leads the tokenized government securities market with $517 million in assets under management.

BlackRocks BUIDL fund now spans Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing access for digital asset investors. The post BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon appeared first on Crypto Briefing.

Offchain Labs is advancing Arbitrum's scalability with a focus on alt-client solutions like Reth, Erigon, and Nethermind to enhance throughput and efficiency.

Delta Protocol was exploited on Avalanche and Arbitrum, losing an estimated $4.8M, sent to five known addresses and to other DeFi pools.

The DeFi liquidity protocol has already paused operations on Arbitrum and Avalanche blockchains as the team investigates the vulnerability.

Surge in Whale Activity: Several altcoins, including ApeCoin (APE), SushiSwap (SUSHI), and Treasure DAO (MAGIC), have experienced a significant rise in whale transactions. According to Santiment, these cryptocurrencies have seen a marked increase in large trades, indicating potential price shifts that may go against their recent patterns.

Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.

ApeCoin (APE) faces strong downward pressure, with several indicators signaling potential further declines. The 7-day MVRV suggests recent buyers are mostly at a loss, which hints at undervaluation but leaves room for additional downside.

This month's token unlocks include both “cliff” releases, where the digital assets are unlocked all at once, and “linear” releases, where tokens are gradually unlocked over time.

In a recent court decision, Aurelien Michel, creator of the “Mutant Ape Planet” NFT collection accused of defrauding investors, has avoided prison but will forfeit over $1 million as part of his sentence.

In an interesting development, the creator of the fraud NFT collection “Mutant Ape Planet” Aurelien Michel is set to avoid a prison sentence following a recent court ruling. However, the defendant has been ordered to forgo over $1 million as punishment for conducting a rug pull.

The crypto market swung low, which might be the last big discount before a parabolic run. Reflecting bearish sentiment, the underwhelming performance of Arbitrum (ARB) continues. However, DTX Exchange (DTX), a new exchange-based token, has defied the broader market trend by exploding in presale. It has raised over $6.

Michel sentenced for defrauding investors through Mutant Ape Planet NFTs. Court ordered $1.4 million forfeiture and a $15,000 fine.

Venus Protocol, one of the Top 5 decentralized finance (DeFi) lending platforms, today announced it has been approved for a grant from the Arbitrum Foundation.

Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence.

ApeCoin is holding steady at the crucial $1 support level, fueling speculation on whether the bulls are ready for a comeback as it maintains its position above this key mark. Recent bearish pressure has driven the token to a point where a recovery might be on the horizon, yet the critical question is: can buyers defend this level and push prices higher?

Arbitrum's long/short ratio suggests that traders are heavily leaning towards another drop.

The crypto markets are gearing up and heading towards the monthly close, which may keep up the ‘Uptober' vibes. While the Bitcoin price is just a few inches away from the highs, the market participants have become more optimistic over the next price action.

Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.

Sunray Finance may have lost the value of its SUN token, after a smart contract exploit on Arbitrum. The total loss after rogue SUN token minting is more than $2.8M, but the attack may mean Sunray DEX never launches.

Lido has announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking across Ethereum layer-2 networks such as Arbitrum, Base, and Optimism, according to an Oct. 29 statement shared with CryptoSlate.

Offchain Labs introduces Timeboost, a protocol enhancing transaction ordering on Arbitrum chains, balancing speed and MEV protection. Discover how it aims to improve blockchain efficiency.

Here is how some of your favorite assets concluded the week.

Altcoins outperformed this week as BTC traded in a tight range.

ApeCoin (APE) price has surged 63.86% in the last seven days, but major holders remain skeptical. The number of wallets holding between 1 million and 10 million APE has dropped consistently since October 19.

Synthetix, a well-known DeFi protocol for synthetic assets, has just announced the launch of version V3 on the layer-2 blockchain of Arbitrum.

Apecoin has experienced a strong upswing over the past month. However, dormant wallets are on the move and prices have tumbled.

RARI Chain and Arbitrum are teaming up to launch DeFi Days — offering workshops, quests, and contests to help creators explore new crypto-earning opportunities.

The v3 launch marks the DeFi protocol's first big product rollout after a governance overhaul in October.

As 2024 draws to a close, the cryptocurrency market is abuzz with anticipation, especially for altcoins that demonstrate potential for substantial profits. Apecoin (APE), SUI, and Rexas Finance (RXS) are particularly notable among these options.

On the other hand, POPCAT has skyrocketed by 17% in the past 24 hours.

ApeCoin (APE) price is down roughly 15% in the last 24 hours after rising more than 100% between October 19 and October 21. The MVRV suggests that many holders are still in a position of unrealized losses, indicating weak market sentiment.

The on-chain analytics firm Santiment has revealed the potential reason behind the corrections that Dogecoin and Apecoin have faced recently. Dogecoin & Apecoin Are Among Memecoins That Fell Prey To FOMO Recently As explained by Santiment in a new post on X, the Positive Sentiment vs.

After years of refinement, Ethereum, the world's largest smart contracts platform, is scaling. However, it does not scale in the way most decentralization purists desire.

Arbitrum (ARB) finds itself at a critical juncture in the cryptocurrency market, with its price hovering near the significant resistance level of $0.61. The current trading environment suggests that bullish momentum is building, leading many traders and investors to speculate whether ARB can successfully break through this barrier.

On "Markets Daily", CoinDesk's Jennifer Sanasie breaks down the driving forces behind the surge in ApeCoin. Plus, the challenges faced by the ApeChain when it comes to maintaining momentum.

ApeCoin is facing a tough setback as bearish momentum intensifies, with the price hitting a strong resistance at $1.755. After an attempt to push higher, the bulls have lost ground, allowing the bears to take control and halt the upward movement.

Positive sentiment surrounding ApeCoin initially propelled its price upward; however, excessive bullishness indicated a potential correction, which materialized with a 15% decline over the past day.

The Apecoin (APE) token has been the hype of the week, from the top performer of the week to the worst performer today. So, what's next?

Almost all major cryptocurrencies, including Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Chainlink (LINK), and Polkadot (DOT), have registered substantial declines. The crypto market cap has also dropped by 0.82% and currently stands at $2.31 trillion.

One altcoin running on the Ethereum (ETH) network is seeing massive gains after a new blockchain launched in its ecosystem. ApeCoin (APE), the digital asset associated with the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, soared to $1.74 on Monday, a 135% jump in value form Saturday.