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ByBit’s Strategic Shift and OpenSea’s Solana Integration: A New Era in Crypto

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Manage episode 478411273 series 3550975
Content provided by Simply Crypto from Qurrent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Simply Crypto from Qurrent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In today's episode, we delve into ByBit's decision to scale down its Web3 services following a $1.4 billion hack, marking a significant strategic pivot in the crypto industry. We also explore OpenSea's integration of Solana blockchain on its OS2 platform, a move that expands its multi-chain strategy and offers new opportunities for trading Solana-based tokens. Join us as we unpack these major developments and their implications for the future of digital assets.
Sources:
https://cryptoslate.com/bybit-to-end-multiple-web3-services-in-strategic-pivot/
https://grafa.com/news/cryptocurrencies-bybit-to-end-web3-wallets-and-marketplaces-by-may-31-424817
https://www.mitrade.com/insights/news/live-news/article-3-768056-20250418
https://www.indexbox.io/blog/bybit-announces-major-reduction-in-web3-portfolio/
https://hipther.com/latest-news/2025/04/16/90897/blocks-headlines-today-in-blockchain-april-16-2025-featuring-xyo-solx-jp-morgan-fuse-and-bybit/
https://www.tradingview.com/news/newsbtc:01728e3a0094b:0-bybit-theft-update-ceo-confirms-significant-portion-of-stolen-1-4-billion-is-now-untraceable/
https://www.securitiesdocket.com/2025/04/21/over-380m-worth-of-crypto-stolen-during-bybits-1-4b-hack-has-gone-dark/
https://www.coindesk.com/markets/2025/04/21/over-usd380m-worth-of-crypto-stolen-during-bybit-s-usd1-4b-hack-has-gone-dark
https://www.crowdfundinsider.com/2025/04/238708-bybit-hack-update-nearly-28-of-stolen-1-4b-in-crypto-now-untraceable/
https://www.mitrade.com/insights/news/live-news/article-3-771583-20250421
https://insidebitcoins.com/news/nft-marketplace-opensea-integrates-solana-on-its-os2
https://www.altcoinbuzz.io/cryptocurrency-news/opensea-launches-solana-token-trading-in-beta/
https://www.kucoin.com/news/flash/opensea-expands-solana-token-trading-in-beta-with-os2-update
https://99bitcoins.com/news/presales/everything-you-need-to-know-about-sea-token-launch-opensea-just-added-solana/
https://www.panewslab.com/en/articledetails/gdffgnxj.html
  continue reading

136 episodes

Artwork
iconShare
 
Manage episode 478411273 series 3550975
Content provided by Simply Crypto from Qurrent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Simply Crypto from Qurrent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In today's episode, we delve into ByBit's decision to scale down its Web3 services following a $1.4 billion hack, marking a significant strategic pivot in the crypto industry. We also explore OpenSea's integration of Solana blockchain on its OS2 platform, a move that expands its multi-chain strategy and offers new opportunities for trading Solana-based tokens. Join us as we unpack these major developments and their implications for the future of digital assets.
Sources:
https://cryptoslate.com/bybit-to-end-multiple-web3-services-in-strategic-pivot/
https://grafa.com/news/cryptocurrencies-bybit-to-end-web3-wallets-and-marketplaces-by-may-31-424817
https://www.mitrade.com/insights/news/live-news/article-3-768056-20250418
https://www.indexbox.io/blog/bybit-announces-major-reduction-in-web3-portfolio/
https://hipther.com/latest-news/2025/04/16/90897/blocks-headlines-today-in-blockchain-april-16-2025-featuring-xyo-solx-jp-morgan-fuse-and-bybit/
https://www.tradingview.com/news/newsbtc:01728e3a0094b:0-bybit-theft-update-ceo-confirms-significant-portion-of-stolen-1-4-billion-is-now-untraceable/
https://www.securitiesdocket.com/2025/04/21/over-380m-worth-of-crypto-stolen-during-bybits-1-4b-hack-has-gone-dark/
https://www.coindesk.com/markets/2025/04/21/over-usd380m-worth-of-crypto-stolen-during-bybit-s-usd1-4b-hack-has-gone-dark
https://www.crowdfundinsider.com/2025/04/238708-bybit-hack-update-nearly-28-of-stolen-1-4b-in-crypto-now-untraceable/
https://www.mitrade.com/insights/news/live-news/article-3-771583-20250421
https://insidebitcoins.com/news/nft-marketplace-opensea-integrates-solana-on-its-os2
https://www.altcoinbuzz.io/cryptocurrency-news/opensea-launches-solana-token-trading-in-beta/
https://www.kucoin.com/news/flash/opensea-expands-solana-token-trading-in-beta-with-os2-update
https://99bitcoins.com/news/presales/everything-you-need-to-know-about-sea-token-launch-opensea-just-added-solana/
https://www.panewslab.com/en/articledetails/gdffgnxj.html
  continue reading

136 episodes

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