PANews reported on July 15 that as the volume of digital collections continues to shrink and competition intensifies, cryptocurrency trading platform OpenSea is expanding its business beyond NFT. On JulyPANews reported on July 15 that as the volume of digital collections continues to shrink and competition intensifies, cryptocurrency trading platform OpenSea is expanding its business beyond NFT. On July

OpenSea CTO: We will integrate NFT, tokens, DeFi and other functions to create a "full-featured application on the chain"

2025/07/15 19:44

PANews reported on July 15 that as the volume of digital collections continues to shrink and competition intensifies, cryptocurrency trading platform OpenSea is expanding its business beyond NFT. On July 8, OpenSea announced the acquisition of mobile token trading platform Rally to promote the expansion of mobile business, strengthen token trading capabilities, and create a "full-featured application on the chain." Chris Maddern, co-founder of Rally, is now the chief technology officer of OpenSea. He said that this integration will bring together the best resources in the encryption field and provide one-stop services, allowing users to access more opportunities, assets and cultural experiences through on-chain applications. Maddern revealed that the new mobile platform will integrate NFT, tokens and DeFi functions. When users want to make cryptocurrencies more valuable, they can open the OpenSea application. Rally will lay the foundation for OpenSea's mobile experience, and its team experience will support the development of new applications. The combination of the two will build a multi-asset ecosystem and promote the coordinated development of tokens and NFTs. In addition, the new application will also integrate AI technology to help users operate safely, optimize the function discovery experience, and be used in educational scenarios.

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Hoskinson to Attend Senate Roundtable on Crypto Regulation

Hoskinson to Attend Senate Roundtable on Crypto Regulation

The post Hoskinson to Attend Senate Roundtable on Crypto Regulation appeared on BitcoinEthereumNews.com. Hoskinson confirmed for Senate roundtable on U.S. crypto regulation and market structure. Key topics include SEC vs CFTC oversight split, DeFi regulation, and securities rules. Critics call the roundtable slow, citing Trump’s 2025 executive order as faster. Cardano founder Charles Hoskinson has confirmed that he will attend the Senate Banking Committee roundtable on crypto market structure legislation.  Hoskinson left a hint about his attendance on X while highlighting Journalist Eleanor Terrett’s latest post about the event. Crypto insiders will meet with government officials Terrett shared information gathered from some invitees to the event, noting that a group of leaders from several major cryptocurrency establishments would attend the event. According to Terrett, the group will meet with the Senate Banking Committee leadership in a roundtable to continue talks on market structure regulation. Meanwhile, Terrett noted that the meeting will be held on Thursday, September 18, following an industry review of the committee’s latest approach to distinguishing securities from commodities, DeFi treatment, and other key issues, which has lasted over one week.  Related: Senate Draft Bill Gains Experts’ Praise for Strongest Developer Protections in Crypto Law Notably, the upcoming roundtable between US legislators and crypto industry leaders is a continuation of the process of regularising cryptocurrency regulation in the United States. It is part of the Donald Trump administration’s efforts to provide clarity in the US cryptocurrency ecosystem, which many crypto supporters consider a necessity for the digital asset industry. Despite the ongoing process, some crypto users are unsatisfied with how the US government is handling the issue, particularly the level of bureaucracy involved in creating a lasting cryptocurrency regulatory framework. One such user criticized the process, describing it as a “masterclass in bureaucratic foot-dragging.” According to the critic, America is losing ground to nations already leading in blockchain innovation. He cited…
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BitcoinEthereumNews2025/09/18 06:37