
Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.

To Watch This Week
AIRDROPS + ALPHAJul 12, 2024

Coins
Blur Plunges 7% After Machi Big Brother Transfers All His Tokens to Binance
A wallet belonging to Jeffrey "Machi Big Brother" Huang moved all its BLUR, roughly $3.1 million, over to centralized crypto exchange Binance early this morning, according to onchain data. Earlier this morning—amid the apparent selling on Binance—BLUR dropped as low as $0.1596. It's since recovered slightly; at the time of writing, BLUR is trading for $0.1621, down 7.2% on the day, per data from CoinGecko. BLUR is the native token of the Blur NFT trading and lending marketplace, which launched i...
Jul 3, 2024

NFTs
A User Just Lost $240,000 in NFTs on the Blur Marketplace
An unfortunate user has been drained of their non-fungible tokens, worth hundreds of thousands of dollars, in a sophisticated phishing scam on the Blur marketplace. The loss, reported by 0xQuit on X, formerly Twitter, involved six Bored Ape Yacht Club NFTs, 40 Beanz, and three Elementals, all listed at one wei each — effectively zero. Based on current floor prices for each asset, the total sum amounts to roughly $239,676. Wei is the smallest unit of ether on the Ethereum blockchain. The scam w...
Nov 24, 2023

Markets
BLUR Up 30% Following Season 2 Airdrop, Binance Listing
BLUR, the token of the NFT marketplace that shares its name, is up 30% following this week's Season 2 airdrop and the news that the token will be listed on crypto exchange Binance. At time of publication, BLUR is trading at $0.63, up jsust under 30% on the day and around 82% on the week, per data from CoinGecko. Blur's end-of-season airdrops are designed to incentivize traders to use the NFT marketplace; the Season 2 airdrop saw a reward pool of 300 million BLUR tokens (worth around $185 million...
May 18, 2023

NFTs
NFT Lending Platform Blend Surges Past 100,000 Ethereum in Total Volume
NFT marketplace Blur is growing by leaps and bounds. With the launch of Blend, Blur’s new lending platform, it’s hit yet another milestone. Data per Dune, now shows that Blend has facilitated more than 100,000 ETH in total volume, or roughly $181 million, just 17 days since its launch. Blend lets users take out Ethereum loans by putting their NFTs up as collateral. They can then use this loan to purchase new NFTs on the Blur marketplace. In return, liquidity providers receive interest, a mechani...
May 8, 2023

NFTs
First Quarter NFT Volumes Outpace Q4 Thanks to Blur Token Airdrop
NFT trading volumes on Ethereum surged in Q1 2023 compared to the previous quarter, thanks in part to the airdrop farming frenzy for Blur’s native token. Blur is an NFT marketplace and aggregator that launched in October 2022. The project scheduled an airdrop of the platform’s native token, BLUR, on February 14, 2023, which brought significant traction from airdrop hunters in the first quarter. Data shared with Decrypt by crypto analytics firm Nansen shows that NFT trading volume more than doubl...