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OpenSea is actively seeking to transition into a cryptocurrency exchange aggregator

2025.10.17 20:16:24

On October 17th, according to the report in Forbes, the NFT trading platform OpenSea is aiming to transition into a cryptocurrency exchange aggregator. The collapse of the NFT market has led OpenSea to lay off more than half of its employees. By October 2023, OpenSea's monthly revenue was only $3 million, which is far lower than the peak of $125 million in January 2022. OpenSea is transforming itself into a one-stop trading platform. Data indicates that in the first two weeks of October 2025, OpenSea facilitated cryptocurrency transactions worth $16 billion and NFT transactions worth $2.3 billion, which is significantly higher than the total transaction volume of $142 million in May. In September, OpenSea announced that all NFT Strategy tokens are now in operation. NFT Strategy tokens combine NFTs and DeFi, and manage assets related to a specific NFT collection through automated trading strategies to create value or yield for holders.
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The Boundless Engine Dual Chain Community Launcher, Boundless Launcher, has officially launched. The platform's coin, BLR, will commence trading tonight at 8:00 PM.

On December 5th, BLR—the platform token of on-chain launchpad project Unbounded Engine—will start trading this evening at 8 p.m. The platform focuses on building liquidity for meme coins, providing full-cycle support for meme projects from launch and liquidity injection to ongoing incentives via an integrated automatic liquidity staking mechanism and multi-tier reward system.

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IMF: Stablecoins Could Accelerate Currency Substitution, Weakening Central Bank Control

December 5 (Thursday) — The International Monetary Fund (IMF) warned Thursday that stablecoins could speed up currency substitution in weak-currency economies, undermining central banks’ control over capital flows. The IMF added that the growth of USD-backed stablecoins and their seamless cross-border utility could lead individuals and businesses in economically volatile regions to favor USD stablecoins over local currencies.

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CZ: Binance Junior idea is similar to Trump's "Trump Accounts," the former is not yet available to U.S. users

**Binance Junior: CZ Links to Trump Accounts (No U.S. User Targeting)** On December 5, Changpeng Zhao (CZ) stated in an X post that Binance Junior is comparable to "Trump Accounts," adding the platform does not currently cater to U.S. users. Launched two days earlier (December 3), Binance Junior is a family-focused cryptocurrency app that lets parents set up sub-accounts for children aged 6–17 (or older, per local regulations). Key features include parental oversight, a kid-friendly interface, and a flexible savings tool to support long-term family wealth planning. Trump Accounts are a child investment vehicle created under the 2025 *Working Families Tax Cuts Act* signed by former President Donald Trump. Tailored for American kids, the accounts offer long-term savings and investment opportunities—blending traits of an Individual Retirement Account (IRA) and 529 college savings plan, with an emphasis on tax benefits and flexible usage.

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Bitcoin Mining Firm Cango mined 130.7 BTC this week, bringing their total holdings to 7033.1 BTC

On December 5th, Bitcoin mining firm Cango reported that it mined 130.7 BTC this week, pushing its total Bitcoin holdings to 7,033.1 BTC.

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BiyaPay Analyst: Coinbase Shareholder Haselt Over 80% Market Cap Bet, Will Assume Fed Chairmanship

On Tuesday, December 5th, former President Trump publicly floated the idea that Kevin Hassett—Director of the White House National Economic Council (NEC)—could be a “potential Federal Reserve Chairman.” Current prediction markets had at one point pegged the probability of his selection near 80%. Hassett is known for being deeply dovish: he advocates aggressive interest rate cuts, holds significant Coinbase stock, is active in crypto policy discussions, and is viewed as a crypto community insider. Markets expect an earlier easing cycle and substantial gains for crypto assets if he takes office. BiyaPay analysts note that lower interest rates and friendlier regulation are bullish for Bitcoin, Ethereum, and crypto-related stocks, though volatility is expected to rise. Investors can use USDT to access digital currencies and crypto-related U.S. stock plays via BiyaPay, and should strictly adhere to diversification and risk control principles.

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Alliance DAO Founders' Union: AI and robots cannot help the US get out of debt; the printing press must continue running

On December 5, Alliance DAO co-founder QwQiao posted on social media, noting that over the past few centuries, no technological revolution—from the steam engine to electricity and computers—has altered the long-term 2% per capita GDP growth rate. Consequently, he argued, it’s unlikely we’ll get rid of debt via artificial intelligence (AI) and robots; the printing press must keep running.

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